$279,000
●
Condo -
Off Market
31228 Taylor Lane
Temecula, CA 92592
2 Beds
2 Baths
1,101 Ft²
$423,993
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION**Beautifully Remodeled Condo** Located in the
gated South Temecula Creek Village. The corner unit with one
shared wall was remodeled with over $30k in upgrades. Price
includes WASHER, DRYER, REFRIGERATOR, DISHWASHER (all less than
9-months old). 2 Bedrooms, 2 Bathrooms, 1,101 SF. Both Bedrooms
have direct access to the Spacious covered Balcony. Both bedrooms
are carpeted and are located on opposite sides, making them very
private and cozy. Remodeled Kitchen has upgraded, Thomasville,
cabinetry with Granite Counter tops and Stainless-Steel sink and
dishwasher. Laundry area includes washer and dryer that are barely
used. Community Amenities include Pool, Spa and Sauna, Locker room
with Showers, BBQ, Fitness Center, Club house Kitchen,
Community/Meeting room, Tech room, outside seating areas with
fireplace. Easy access to freeways, shopping & entertainment. Just
minutes from Pechanga Casino & Resort and Temecula Wineries.
Located in the award winning Temecula School District.
Unit Size
1,101 Ft²
Days on Market
136 days
Land Size
0.03 acres
Price per sqft
$253
Property Type
Condo
Property Taxes
-
HOA Dues
$270
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #SW18202156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2019 | Sold | ||
| Sold | |||
| Aug 19, 2018 | Listed by AARE | $279,000 | |
| Listed by AARE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Parking Features: Garage, DoorSingle
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Granite Counters, Open Floorplan, Walk-In Closet(s), Balcony
Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Wood
Laundry Features: Laundry Closet
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1101
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 2005
Levels: One
Pool Features: Community, Association
Lot Features: Close to Clubhouse, Flag Lot, Landscaped
Lot Size Area: 1338
Lot Size Units: Square Feet
Lot Size Acres: 0.0307
Lot Size Square Feet: 1338
Tax Lot: 1228
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Meeting Room, Barbecue, Pool, Sauna, Spa/Hot Tub, Storage
HOA Fee: $270
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2018
| |
2 Bed
|
2 Bath
|
1101 ft²
|
$279,000
2 Bed
2 Bath
1101 ft²
|
$279,000
01/11/2019
|
Farah Mansour
AARE
|
Building Info
About Temecula Creek Village
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Listed by: Farah Mansour, AARE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18202156
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18202156
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