NOT LISTED FOR SALE

45670 Olympic Way Temecula, CA 92592

Estimated Value: $680,245 - $716,000

2 Beds
2 Baths
1,841 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $362,000 $197 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,339/month

3 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Covered patio or porch
  • Temecula Luiseno Elementary Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of March 2017

FABULOUS SOUTH TEMECULA LOCATION! Welcome home to Rainbow Canyon Village & Estates - a perfectly situated community close to Old Town, Pechanga and Wine Country! Offering vaulted ceilings, an open floor plan and plenty of windows to let in the natural light, this home is just waiting for an owner with great flooring and kitchen ideas. Currently a 2 bedroom, this home could easily be converted to a four bedroom with the addition of a closet in the office and a dividing wall in the large second bedroom which already has two closets and two entry doors. The huge master bedroom features a slider to the back patio and a separate area that would be perfect for a desk, work out space or sitting room. The pool sized backyard offers endless possibilities for an entertainer's dream location. No need to pay to store your RV and toys - the side yard is RV ready! Come take a look!

Last Agent to Sell the Property

Jennifer Williams

NON-MEMBER/NBA or BTERM OFFICE License #01825966 Listed on: 02/10/2017

Last Buyer's Agent

Josh Painter

Impact Real Estate License #01734694

Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 1986

Lot Details

  • 7,841 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,841 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 13060
  • Assessor Parcel Number 922292007

Community Details

Overview

  • Rainbow Canyon Association, Phone Number (951) 698-4030

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,023

Year Built

Built in 1986

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922292007
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1841.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Tile Counters
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 196.63
  • Room Type: Great Room, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 30.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon
  • Phone: 951-698-4030
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 46
  • Tax Tract Number: 13060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Feb 22, 2017
Sold by
Harger Verle D and Harger Daneen C
Bought by
Oliveira Anthony and Oliveira Shannon Kevorkian
Seller's Agent
Jennifer Williams
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Josh Painter
Impact Real Estate
List Price
$349,900
Sold Price
$362,000
Premium/Discount to List
$12,100
3.46%
Current Estimated Value
$701,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,061
Avg. Annual Appreciation
8.24%
Original Mortgage
$343,900
Outstanding Balance
$287,959
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$411,018

Purchase Details

Closed on
Jan 30, 2009
Sold by
Citimortgage Inc
Bought by
Harger Verle D and Harger Daneen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2008
Sold by
Gomez Maria Esther
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Va
Bought by
Pearson Diane M and The Pearson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Gomez Juan Jose
Bought by
Gomez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Pearson Diane M
Bought by
Gomez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Mullin Margaret J and Ford Laura L
Bought by
Va

Purchase Details

Closed on
Aug 22, 1996
Sold by
Ford William P and Ford Jean C
Bought by
Ford William P and Ford Jean C
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
Oliveira Anthony $362,000 Ticor Title San Diego Branch
Harger Verle D $192,000 First American Title Company
Citimortgage Inc $171,500 None Available
Pearson Diane M -- Southland Title Corporation
Gomez Maria E -- Southland Title Corporation
Gomez Maria E $428,000 Southland Title Corporation
Va $143,500 Chicago Title Co
Ford William P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Anthony $343,900
Previous Owner Harger Verle D $153,600
Previous Owner Pearson Diane M $342,300
Previous Owner Gomez Maria E $342,300
Previous Owner Pearson Samuel D $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $362,000 +3.5% $197 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $349,900 -- $190 / 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 $5,023 $403,811 $121,142 $282,669
2022 $4,862 $395,894 $118,767 $277,127
2021 $4,757 $388,133 $116,439 $271,694
2020 $4,704 $384,155 $115,246 $268,909
2019 $4,632 $376,624 $112,987 $263,637
2018 $4,538 $369,240 $110,772 $258,468
2017 $2,801 $213,027 $55,472 $157,555
2016 $2,749 $208,851 $54,385 $154,466
2015 $2,699 $205,716 $53,569 $152,147
2014 $2,615 $201,688 $52,521 $149,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17028002

California Regional Multiple Listing Service (CRMLS)

APN: 922-292-007