NOT LISTED FOR SALE

Estimated Value: $334,000 - $522,000

4 Beds
2 Baths
659 Sq Ft
$699/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2017

Last sale price $285,000 $432 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,734 / mo

53 Days on Market

Highlights

  • Private Yard
  • Cooling Available
  • No Heating
  • Temecula Luiseno Elementary Rated A-
  • Rectangular Lot

About This Home

As of January 2017

Great investment opportunity, tons of potential! Large flat .48 acre lot in the Rainbow Canyon community. This is an ideal location, on the border of 2 growing communities. Fallbrook and Temecula. The front unit is 2 bedroom and 1 bathroom, with a large workshop on the property, several mature fruit trees, and plenty of room for recreational vehicles and your imagination!

Last Agent to Sell the Property

Non-mls Src

Src Non-mls License #0 Listed on: 09/23/2016

Last Buyer's Agent

Non-mls Src

Src Non-mls License #0 Listed on: 09/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 20,909 Sq Ft Lot
  • Rectangular Lot
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • No Heating
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 918130017

Community Details

Overview

  • 2 Buildings
  • Valley

Building Details

  • Gross Income $21,900
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.48 Acres

Listing Details

  • Zoning: R-R
  • Property Type: Residential Income
  • Parcel Number: 918130017
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 20909.00

Multi Family

  • Gross Income: 21900.00
  • Gross Scheduled Income: 21900.00
  • Net Operating Income: 18000.00
  • Number With Range: 2
  • Operating Expense: 3900.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 432.54

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2017 01/10/17 Sold $285,000 -4.7% $432 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $299,000 -- $454 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,350 $479,121 $92,843 $386,278
2023 $3,350 $317,918 $89,239 $228,679
2022 $3,257 $311,686 $87,490 $224,196
2021 $3,193 $305,575 $85,775 $219,800
2020 $3,161 $302,443 $84,896 $217,547
2019 $3,115 $296,514 $83,232 $213,282
2018 $3,058 $290,700 $81,600 $209,100
2017 $4,153 $394,446 $141,291 $253,155
2016 $4,067 $386,713 $138,521 $248,192
2015 $3,993 $380,907 $136,442 $244,465
2014 $3,874 $373,447 $133,770 $239,677
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16717866

California Regional Multiple Listing Service (CRMLS)

APN: 918-130-017

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