NOT LISTED FOR SALE

45682 Masters Dr Temecula, CA 92592

Estimated Value: $605,000 - $668,000

3 Beds
2 Baths
1,225 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $295,000 $241 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,902/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • View of Hills
  • Cooling System Mounted To A Wall/Window
  • Temecula Luiseno Elementary Rated A-
  • 3 Car Attached Garage
  • Central Heating

About This Home

As of October 2014

SINGLE-STORY WITH GIANT … AND I DO MEAN GIANT LOT! Truly a rare, rare find in the fair city of Temecula. 13,068 sq ft lot with grass so green, beautiful and lush you literally want to run around and play like a kid again. This property is in the Rainbow Canyon Estates Community, just off of Pechanga Pkwy. Walking distance to Great Oak High School, Pechanga Casino and Temecula Creek Golf Resort. 3 BR 2 BA, 3 car garage and situated near the end of Masters Dr which is a very quiet and private culdesac street. Low property taxes with special assessments of only $484 per year and low HOA of only $30 per month. Vaulted ceilings, gas fireplace, ceiling fans in every room, plenty of garage cabinetry, home security system, covered patio and in-ground child swing and play set. Plenty of room for boat & RV parking. 3rd BR has been converted to office. 3rd garage space has been converted to work shop and larger, enclosed laundry room.

Last Agent to Sell the Property

Ken Hall

Abundance Real Estate License #01418440 Listed on: 08/13/2014

Last Buyer's Agent

Ken Hall

Abundance Real Estate License #01418440 Listed on: 08/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,184

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Fence is in average condition

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,225 Sq Ft Home
  • Living Room with Fireplace
  • Views of Hills
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

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

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 13060
  • Assessor Parcel Number 922294018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,184

Year Built

Built in 1986

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922294018
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1225.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 240.82
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Temecula Unified

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • 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 In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 13060-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 1, 2014
Sold by
Tanner Jack
Bought by
Cowee Gregory and Cowee Jessica
Seller's Agent
Ken Hall
Abundance Real Estate
Buyer's Agent
Ken Hall
Abundance Real Estate
List Price
$296,500
Sold Price
$295,000
Premium/Discount to List
-$1,500
-0.51%
Current Estimated Value
$636,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,720
Avg. Annual Appreciation
7.27%
Original Mortgage
$289,656
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2002
Sold by
Tanner Rob
Bought by
Tanner Jackie

Purchase Details

Closed on
Nov 19, 2002
Sold by
Medina Juanita K
Bought by
Tanner Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2000
Sold by
Medina David
Bought by
Medina Juanita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 2000
Sold by
Cook Arlene E
Bought by
Medina Juanita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 24, 1993
Sold by
Cook Arlene E
Bought by
Cook Arlene E and The Arlene E Cook Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cowee Gregory $295,000 Stewart Title
Tanner Jackie -- --
Tanner Jackie $260,000 Chicago Title Co
Medina Juanita K -- Old Republic Title Company
Medina Juanita K $168,000 Old Republic Title Company
Cook Arlene E -- First American Title Insuran
Cook Arlene E -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowee Gregory $264,500
Closed Cowee Gregory $291,747
Closed Cowee Gregory $289,656
Previous Owner Medina Juanita K $40,000
Previous Owner Medina Juanita K $160,000
Previous Owner Cook Arlene E $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $295,000 -0.5% $241 / Sq Ft
08/13/2014 08/13/14 For Sale $296,500 -- $242 / 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 $4,184 $642,978 $66,096 $576,882
2023 $4,184 $340,772 $63,530 $277,242
2022 $4,049 $334,091 $62,285 $271,806
2021 $3,960 $327,541 $61,064 $266,477
2020 $3,914 $324,183 $60,438 $263,745
2019 $3,854 $317,827 $59,253 $258,574
2018 $3,775 $311,596 $58,093 $253,503
2017 $3,704 $305,487 $56,954 $248,533
2016 $3,632 $299,498 $55,838 $243,660
2015 $3,580 $295,000 $55,000 $240,000
2014 $3,197 $260,000 $45,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14174065

California Regional Multiple Listing Service (CRMLS)

APN: 922-294-018