$780,000
SOLD JAN 27, 2025

45800 Classic Way Temecula, CA 92592

3 Beds
2 Baths
1,604 Sq Ft
0.35 Acres

Recently Sold

$486 Per Sq Ft

8% Below List Price

79 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Private Yard
  • Temecula Luiseno Elementary Rated A-
  • Cathedral Ceiling
  • Workshop

About This Home

As of January 2025

Stunning Single-Story Home in the Highly Desirable Rainbow Canyon Villages & Estates.
This fully renovated property is truly unique and incomparable to typical tract homes. Located in a highly sought-after community with exceptional home ownership retention, it’s rare for single-story homes here to come onto the market. Pride of ownership is evident throughout this neighborhood. Furthermore, the expansive 15,246 sq ft lot offers ample opportunity for future development and customization. Situated on a peaceful cul-de-sac street, the property offers breathtaking mountain views and a charming front patio that invites you inside. Step through the door and be greeted by rich hardwood and vinyl flooring, soaring cathedral ceilings, and a beautifully designed living room featuring a cozy fireplace—perfect for both relaxation and entertaining guests. The open-concept layout includes a built-in mini bar and wine fridge. The formal dining room seamlessly connects to the stunning brand-new kitchen, which boasts high-end appliances, elegant granite countertops, stylish custom cabinetry, and recessed lighting. Unwind in the spacious primary master bedroom, complete with French doors that open to the expansive back patio. The generous backyard is a true retreat, featuring thoughtful hardscaping and mature trees that create a shaded oasis, making it perfect for entertaining friends or enjoying family playtime. This remarkable single-story home is a rare find in Rainbow Canyon Villages, located within one of the area's top-rated 10/10 school districts—an excellent choice for families with children. Additionally, you'll be just minutes away from premier entertainment at Pechanga Resort and Casino, as well as exceptional golfing at the nearby Temecula Creek Inn or Journey Golf Courses, both less than a mile away. With everything refreshed and brand new, this home is move-in ready!

Last Agent to Sell the Property

Christina Portillo

CASTLE REALTORS, PC Brokerage Phone: 951-259-5578 License #02188871 Listed on: 09/18/2024

Last Buyer's Agent

Shirlee Kimsey

Windermere Real Estate-Carmel License #01018689

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Private Yard
  • Property is zoned R1

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Workshop

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Rainbow Canyon Villages HOA, Phone Number (951) 699-2918
  • Michael HOA

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 130
  • Assessor Parcel Number 922323015
  • $682 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Appliances
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 922323015
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1604.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Dry Bar, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 486.28
  • Room Type: All Bedrooms Down, Workshop
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 42.00
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Canyon Villages HOA
  • Phone: (951) 699-2918
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Michael

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15246.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.54
  • Tax Lot: 8
  • Tax Tract Number: 130...
  • TaxOtherAnnualAssessmentAmount: 682.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 18, 2024
Sold by
Rock Solid Holdings Llc
Bought by
Pittman Nathan R and Chibidakis Marina Sophia
Seller's Agent
Christina Portillo
CASTLE REALTORS, PC
Buyer's Agent
Shirlee Kimsey
Windermere Real Estate-Carmel
List Price
$845,000
Sold Price
$780,000
Premium/Discount to List
-$65,000
-7.69%
Views
185
Current Estimated Value
$772,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,833
Avg. Annual Appreciation
-1.05%
Original Mortgage
$702,000
Outstanding Balance
$696,274
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$75,893

Purchase Details

Closed on
Mar 19, 2024
Sold by
Bear Flag Homes Llc
Bought by
Rock Solid Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2024
Sold by
Fresh Start Homes Llc
Bought by
Bear Flag Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2023
Sold by
Willard Ruth H and Mcconnell Robert Joseph
Bought by
Exculsive Socal Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2023
Sold by
Exclusive Socal Homes Llc
Bought by
Fresh Start Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Willard Ruth H
Bought by
Willard Ruth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
4.81%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Willard Robert J
Bought by
Willard Ruth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
4.81%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Hole Timothy R and Hole Sharon L
Bought by
Willard Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $780,000 Lawyers Title
Grant Deed $676,500 Lawyers Title
Grant Deed $625,000 Lawyers Title
Grant Deed $492,000 Wfg National Title Company Of
Grant Deed $520,000 Wfg National Title Company Of
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $165,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $702,000 New Conventional
Previous Owner $473,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $469,342 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Sold $780,000 -2.5% $486 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $799,999 -2.3% $499 / Sq Ft
11/22/2024 11/22/24 Price Changed $819,000 -0.1% $511 / Sq Ft
10/30/2024 10/30/24 Price Changed $820,000 -0.3% $511 / Sq Ft
10/19/2024 10/19/24 Price Changed $822,500 -0.3% $513 / Sq Ft
10/09/2024 10/09/24 Price Changed $825,000 -2.4% $514 / Sq Ft
09/18/2024 09/18/24 For Sale $845,000 -- $527 / 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 $7,465 $689,558 $206,867 $482,691
2023 $7,465 $248,601 $67,795 $180,806
2022 $3,120 $243,727 $66,466 $177,261
2021 $3,048 $238,949 $65,163 $173,786
2020 $3,012 $236,500 $64,495 $172,005
2019 $2,965 $231,864 $63,231 $168,633
2018 $2,902 $227,319 $61,992 $165,327
2017 $2,847 $222,863 $60,777 $162,086
2016 $2,792 $218,494 $59,586 $158,908
2015 $2,740 $215,214 $58,692 $156,522
2014 $2,654 $211,001 $57,544 $153,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24194312

California Regional Multiple Listing Service (CRMLS)

APN: 922-323-015