$499,000
SOLD MAY 10, 2021

45602 Classic Way Temecula, CA 92592

4 Beds
3 Baths
1,940 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

Highlights

  • Solar Power System
  • Contemporary Architecture
  • Two Story Ceilings
  • Temecula Luiseno Elementary Rated A-
  • Retreat
  • Corner Lot

About This Home

As of May 2021

Honey, Stop The Car!! Your search for a beautiful home in the wonderful community of Rainbow Canyon Villages & Estates has arrived!!! From the moment you walk in the door, you will feel warm and welcomed into this great home. The solar panels are owned, not leased and help make your electric bill very affordable. The kitchen features tile counters, lots of storage and you can gaze out onto your beautiful, fairly private backyard while you are preparing your delicious meal. The formal living room features a high ceiling, natural light and a fireplace. The formal dining room is conveniently located just off the kitchen. A separate family room is just off the kitchen and offers a sliding glass door that opens out onto a covered patio. The master suite offers ample room for sitting and relaxing. The master bath features dual vanities and a custom tiled shower/tub combo. A bedroom and full bathroom are convientently located on the main floor. The generous sized backyard makes it easy to enjoy our beautiful Temecula weather and entertain your family and friends. Located just minutes away from shopping, dining, entertainment, Temecula Creek Golf Course, Wine Country, I15 Freeway and within the Great Oak School boundaries, this home is a must see!!!

Last Agent to Sell the Property

Judy Haines

eXp Realty of California Inc License #01815601 Listed on: 04/14/2021

eXp Realty of California Inc

Last Buyer's Agent

Ralph Anthony Perez

Su Casa Realty & Financial License #01270424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,335

Year Built

  • Built in 1986

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Fence is in fair condition
  • Corner Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Tile Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Blinds
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Temecula Luiseno Elementary School
  • Erle Stanley Gardner Middle School
  • Great Oak High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Solar Power System
  • Covered patio or porch

Community Details

  • Rainbow Canyon HOA, Phone Number (951) 699-2918
  • Avalon Mgt HOA
  • Built by Alcor Group
  • Spyglass
  • Maintained Community

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 130
  • Assessor Parcel Number 922323001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,335

Year Built

Built in 1986

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: washer/dryer combo unit, refrigerator
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922323001
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1940.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Tile Counters, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 257.22
  • Room Type: Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Retreat, Separate Family Room, Walk-In Closet
  • Window Features: Blinds, Skylight(s)
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Fair Condition, Wood
  • Builder Name: Alcor Group
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 35.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon HOA
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Avalon Mgt

Schools

  • School District: Temecula Unified
  • Elementary School: Temecula Luiseno
  • Middle School: Erle Stanley Gardner
  • High School: Great Oak
  • Elementary School: Temecula Luiseno
  • High School: Great Oak
  • Middle Or Junior School: Erle Stanley Gardner
  • Elementary School #2: TEMLUI
  • High School2: GREOAK2

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units In Community: 425
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 53
  • Tax Tract Number: 130...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 16, 2021
Sold by
Pundhsingh Varaporn and Pundhsingh Ampal
Bought by
Macias Freddy A and Macias Lorena
Seller's Agent
Judy Haines
eXp Realty of California Inc
Buyer's Agent
Ralph Anthony Perez
Su Casa Realty & Financial
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$698,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,637
Avg. Annual Appreciation
8.30%
Original Mortgage
$485,601
Outstanding Balance
$441,010
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$258,228

Purchase Details

Listed on
Oct 14, 2012
Closed on
Dec 14, 2012
Sold by
Pundhsingh Amporn
Bought by
Pundhsingh Varapon
Seller's Agent
Carole O'Neal
Money Wise Property Management
Buyer's Agent
Judy Haines
eXp Realty of California Inc
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$265,109
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2012
Closed on
Oct 26, 2012
Sold by
Oneal Property Management Inc
Bought by
Pundhsingh Varaporn and Pundhsingh Ampai
Seller's Agent
Carole O'Neal
Money Wise Property Management
Buyer's Agent
Judy Haines
eXp Realty of California Inc
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 10, 2012
Closed on
Aug 8, 2012
Sold by
M & K Enterprises Lp
Bought by
Oneal Property Management Inc
Seller's Agent
Janet Kleen
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Tammy Golden
Realty ONE Group Southwest
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.49%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Genelle Michael T and Genelle Kathleen R
Bought by
M & K Enterprises Lp

Purchase Details

Closed on
Jan 29, 2005
Sold by
Genelle Michael Thomas and Genelle Kathleen Ruder
Bought by
Genelle Michael Thomas and Genelle Kathleen Ruder

Purchase Details

Closed on
Jun 3, 2004
Sold by
Genelle Michael T and Genelle Kathleen J
Bought by
Genelle Michael T and Genelle Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 8, 2002
Sold by
Mayhew Joseph William and Mayhew Shirley
Bought by
Genelle Michael T and Genelle Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.5%

Purchase Details

Closed on
Mar 21, 1996
Sold by
Bankers Trust Company
Bought by
Mayhew Joseph William and Mayhew Shirley

Purchase Details

Closed on
May 24, 1995
Sold by
Morales Abel and Morales Graciela
Bought by
Bankers Trust Company and Advanta Mtg Loan Trust 1993-2
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $499,000 Orange Coast Title
Interfamily Deed Transfer -- Stewart Title Riverside
Grant Deed $270,000 Stewart Title Riverside
Grant Deed $189,000 Stewart Title Riverside
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $237,000 First American Title Co
Grant Deed $123,000 Fidelity National Title Ins
Trustee Deed $123,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,601 FHA
Previous Owner $265,109 FHA
Previous Owner $52,500 Credit Line Revolving
Previous Owner $292,000 Negative Amortization
Previous Owner $235,500 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $189,600 No Value Available
Previous Owner $80,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $499,000 0.0% $257 / Sq Ft
04/14/2021 04/14/21 For Sale $499,000 +84.8% $257 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
12/19/2012 12/19/12 Sold $270,000 0.0% $147 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/14/2012 10/14/12 For Sale $270,000 0.0% $147 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/18/2012 09/18/12 Price Changed $270,000 +5.9% $147 / Sq Ft
09/11/2012 09/11/12 For Sale $255,000 +34.9% $139 / Sq Ft
08/16/2012 08/16/12 Sold $189,000 -3.1% $103 / Sq Ft
01/10/2012 01/10/12 For Sale $195,000 -- $106 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,335 $944,960 $135,304 $809,656
2023 $6,335 $519,159 $130,050 $389,109
2022 $6,140 $508,980 $127,500 $381,480
2021 $3,734 $307,154 $56,875 $250,279
2020 $3,691 $304,005 $56,292 $247,713
2019 $3,635 $298,045 $55,189 $242,856
2018 $3,559 $292,202 $54,109 $238,093
2017 $3,492 $286,474 $53,049 $233,425
2016 $3,425 $280,858 $52,009 $228,849
2015 $3,361 $276,641 $51,229 $225,412
2014 $3,257 $271,225 $50,227 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21078847

California Regional Multiple Listing Service (CRMLS)

APN: 922-323-001