NOT LISTED FOR SALE

45698 Olympic Way Temecula, CA 92592

Estimated Value: $629,000 - $662,908

3 Beds
2 Baths
1,342 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $560,000 $417 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,987/month

34 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Quartz Countertops
  • Temecula Luiseno Elementary Rated A-
  • High Ceiling
  • Lawn

About This Home

As of November 2022

GORGEOUS SINGLE STORY SOUTH TEMECULA HOME- VERY LOW TAXES AND NO HOA!!! This home is turnkey and ready to go! It is so sunshiney and bright- it just feels like home when you get inside. Stepping in through the front door you are greeted by an abundance of natural light and a spacious, open floorplan. The Livingroom features a cozy brick fireplace as its focal point with the Dining Room adjacent. The light, bright, Kitchen has white cabinets with brand new stainless appliances and a beautiful stone countertop. The entire home has brand new paint and carpet with LVP in the wet areas throughout, plus modern light fixtures. Bedrooms #1 and #2 are separated by the Laundry Room for privacy and they share access to a Bathroom that has a shower/tub combo and single sink vanity. The Primary Suite includes an Ensuite Bath with dual sink vanities and a shower/tub combo. There is Slider access to the ENORMOUS Backyard that is the perfect place for relaxing or entertaining. This Lot is HUGE! You could add a pool if you wanted to! This incredible home is in the Great Oak School District, near Pechanga and the 15 Freeway. This is the most affordable SOUTH TEMECULA Home and the updating has already been done for you!! It's situated on a wide, flat street with beautiful mountain views and a great setback from the street for privacy on the front patio. Welcome to your new HOME!

Last Agent to Sell the Property

Amber Esquibel

Redfin Corporation License #01843605 Listed on: 09/22/2022

Redfin Corporation

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Lawn
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 130
  • Assessor Parcel Number 922292008
  • $675 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,125

Year Built

Built in 1986

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: The refrigerator and stove are included.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922292008
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1342.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 417.29
  • Room Type: Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Tile Counters, Vanity Area
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 42.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon Villages
  • Phone: 951-699-2918
  • Senior Community: No
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: Avalon

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.46743200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 47
  • Tax Tract Number: 130...
  • TaxOtherAnnualAssessmentAmount: 675.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 10, 2022
Sold by
Jorge Loretta
Bought by
Jorge Basili Florentino
Seller's Agent
Amber Esquibel
Redfin Corporation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$649,000
Sold Price
$560,000
Premium/Discount to List
-$89,000
-13.71%
Views
47
Current Estimated Value
$646,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,477
Avg. Annual Appreciation
5.63%
Original Mortgage
$560,000
Outstanding Balance
$545,326
Interest Rate
6.92%
Mortgage Type
VA
Estimated Equity
$101,151

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 9, 2022
Sold by
David And Joanne Gilmore Family Trust
Bought by
Jorge Basilio Fiorentino and Jorge Jacob Basilic
Seller's Agent
Amber Esquibel
Redfin Corporation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$649,000
Sold Price
$560,000
Premium/Discount to List
-$89,000
-13.71%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$545,326
Interest Rate
6.92%
Mortgage Type
VA
Estimated Equity
$101,151

Purchase Details

Closed on
Oct 7, 2002
Sold by
Goodman Brenda E
Bought by
Gilmore Joanne F and David & Joanne Gilmore Family Trust

Purchase Details

Closed on
Jul 16, 2002
Sold by
Moon Michael F
Bought by
Goodman Brenda E

Purchase Details

Closed on
Apr 19, 2001
Sold by
Lightfoot Stephen J
Bought by
Moon Michael F and Goodman Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.14%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Lightfoot Carolyn J
Bought by
Lightfoot Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 1999
Sold by
Howard Leticia
Bought by
Lightfoot Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.73%
Mortgage Type
VA
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
Jorge Basili Florentino -- Ticor Title
Jorge Basilio Fiorentino $560,000 Ticor Title
Gilmore Joanne F $250,000 First American Title Co
Goodman Brenda E -- --
Moon Michael F $184,500 Stewart Title
Lightfoot Stephen J -- Stewart Title
Lightfoot Stephen J -- Stewart Title Company
Lightfoot Stephen J $146,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorge Basilio Fiorentino $560,000
Previous Owner Moon Michael F $140,000
Previous Owner Lightfoot Stephen J $18,900
Previous Owner Lightfoot Stephen J $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $560,000 -2.6% $417 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/22/2022 10/22/22 Price Changed $574,900 -4.0% $428 / Sq Ft
10/10/2022 10/10/22 Price Changed $599,000 -7.7% $446 / Sq Ft
09/22/2022 09/22/22 For Sale $649,000 -- $484 / 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 $4,125 $560,000 $125,000 $435,000
2022 $4,181 $341,176 $81,877 $259,299
2021 $4,090 $334,487 $80,272 $254,215
2020 $4,043 $331,058 $79,449 $251,609
2019 $3,981 $324,568 $77,892 $246,676
2018 $3,899 $318,205 $76,365 $241,840
2017 $3,826 $311,967 $74,868 $237,099
2016 $3,751 $305,850 $73,400 $232,450
2015 $3,589 $293,000 $70,000 $223,000
2014 $3,155 $258,000 $62,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22207000

California Regional Multiple Listing Service (CRMLS)

APN: 922-292-008