NOT LISTED FOR SALE

45660 Palmetto Way Temecula, CA 92592

Estimated Value: $775,000 - $826,055

3 Beds
2.5 Baths
1,840 Sq Ft
$433/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $660,000 $359 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,928/month

11 Days on Market

Highlights

  • In Ground Spa
  • Updated Kitchen
  • Bonus Room
  • Temecula Luiseno Elementary Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of July 2021

From it's manicured front yard to it's resort-like back yard this house says Welcome Home! Newly remodeled inside and out. Featuring shutters in living room, two fireplaces. Kitchen has granite countertops and custom cabinets, a new range with a pizza baking feature, and pantry. Bonus room that can be an in home office, workout room or play area for the little ones. The backyard has a large pool with a solar cover, fire pit, and in ground spa. New white vinyl fencing surrounds the yard. There is room on the side of the house to store a low profile boat or trailer. Home has also been re-roofed.

Last Agent to Sell the Property

Sandra Mac Adam

Better Homes and Gardens Real Estate Registry License #01951218 Listed on: 06/11/2021

Better Homes and Gardens Real Estate Registry

Last Buyer's Agent

Hector Herrera

RE/MAX One License #01244475

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room with Fireplace
  • Bonus Room
  • Storage
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Spa
  • Private Pool
  • Diving Board

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Rainbow Canyon Association, Phone Number (951) 699-2918
  • Avalon Management Group HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 130
  • Assessor Parcel Number 922322016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,946

Year Built

Built in 1985

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: New umbrellas that are vented stays with the backyard!
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922322016
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1840.00 Square Feet
  • Interior Amenities: Granite Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 358.70
  • Room Type: All Bedrooms Up, Bonus Room
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, Diving Board
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 36.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon
  • Phone: 951 699-2918
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Avalon Management Group

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13068.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 20
  • Tax Tract Number: 130...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 23, 2021
Sold by
Cullen Richard F and Cullen Laurie M
Bought by
Griffith Thomas Flynn and Griffith Ana L
Seller's Agent
Sandra Mac Adam
Better Homes and Gardens Real Estate Registry
Buyer's Agent
Hector Herrera
RE/MAX One
List Price
$630,000
Sold Price
$660,000
Premium/Discount to List
$30,000
4.76%
Current Estimated Value
$797,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,014
Avg. Annual Appreciation
3.40%
Original Mortgage
$66,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2006
Sold by
Cullen Richard F and Cullen Laurie
Bought by
Cullen Richard F and Cullen Laurie M

Purchase Details

Closed on
Feb 4, 2005
Sold by
Cullen Richard F
Bought by
Cullen Richard F and Cullen Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Cullen Tina L
Bought by
Cullen Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Griffith Thomas Flynn $660,000 First American Title Company
Cullen Richard F -- None Available
Cullen Richard F -- Homeconnects Title
Cullen Richard F -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Griffith Thomas $35,000
Closed Griffith Thomas Flynn $603,000
Closed Griffith Thomas Flynn $66,000
Closed Griffith Thomas Flynn $528,000
Previous Owner Cullen Richard F $267,000
Previous Owner Cullen Richard F $110,000
Previous Owner Cullen Richard F $304,000
Previous Owner Cullen Richard F $180,000
Previous Owner Cullen Richard F $100,000
Previous Owner Cullen Richard F $135,100
Previous Owner Cullen Richard F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $660,000 +4.8% $359 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $630,000 -4.5% $342 / Sq Ft
06/21/2021 06/21/21 Off Market $660,000 -- --
06/11/2021 06/11/21 For Sale $630,000 -- $342 / 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
2023 $7,946 $673,200 $127,500 $545,700
2022 $7,706 $660,000 $125,000 $535,000
2021 $4,233 $342,964 $98,559 $244,405
2020 $4,185 $339,448 $97,549 $241,899
2019 $4,120 $332,793 $95,637 $237,156
2018 $4,036 $326,268 $93,762 $232,506
2017 $3,960 $319,872 $91,924 $227,948
2016 $3,883 $313,601 $90,122 $223,479
2015 $3,812 $308,892 $88,769 $220,123
2014 $3,695 $302,843 $87,031 $215,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21127189

California Regional Multiple Listing Service (CRMLS)

APN: 922-322-016