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40258 Cape Charles Drive

40258 Cape Charles Drive, Temecula, CA 92591
Property in Riverside
Sold Sep 04, 2013
$375,000
$512,820 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2052
40258 Cape Charles Drive in Temecula, CA was first built in 2013 and is 11 years old. Although, the building on the property was most recently renovated and altered in 2014. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 40258 Cape Charles Drive has 2,174 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 470 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40258 Cape Charles Drive sold most recently in May 8, 2013 for a total of $375,000. If you work out the math, that's approximately a cost of $140.19 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,093 in taxes each year. 40258 Cape Charles Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $430,212. If we break it down further, the land itself was valued at $70,688. Improvements to the property, however, were assessed at a total of $359,524. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 2,675
  • Gross Building Area: 2,675
  • Building Area: 2,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,174
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 34698
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .08 ACRES M/L IN LOT 61 MB 433/080 TR 34698

Ownership

  • Current Owner : BASA LOUISIANA C
  • Current Owner 2: BASA JOHN ALBERT C
  • Previous Owner : RICHMOND AMERICAN HOMES OF MARYLAND INC
  • Ownership Rights Codes: Joint Tenants
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 049600

Geography

  • Subdivision Tract Number: 34698
  • Parcel: 916-700-061
  • Lot: 61
  • Municipality: TEMECULA
  • Latitude: 33.5412
  • Longitude: -117.161

    Address

  • Full Address: 40258 Cape Charles Dr
  • Address - House Number: 40258
  • Address - Street Name: Cape Charles
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Temecula
  • Carrier Code: H002
  • 4-Digit Zip Code: 2508
  • Zip Code: 92591

Valuation

    Tax

  • Total Area: 2,174
  • Tax Year: 2023
  • Tax Amount: $6,093
  • Tax Rate Code Area: 013-004

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 698,224
  • High Value: 831,998
  • Low Value: 564,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,820
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 25, 2022
  • First Open Lien Mortgage Loan Amount: $512,820
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $581,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,212
  • Assessed Land Value: $70,688
  • Assessed Improvements Value: $359,524

    Sales

  • Current Sale Contract Date: May 08, 2013
  • Current Sale Recording Date: Sep 04, 2013
  • Current Sale Transaction ID: 1041664703
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0433648

    Last Sale Mortgage

  • First Mortgage Lender: IMORTGAGE.COM INC
  • First Mortgage Transaction Date: Sep 04, 2013
  • First Mortgage Loan Amount: $367,837
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2043

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Frequently Asked Questions

What neighborhood is 40258 Cape Charles Drive located in?
The 40258 Cape Charles Drive is a located in the neighborhood of Riverside in Temecula, Temecula.
What is the average sales price for listings in 40258 Cape Charles Drive?
The average sales price for units in 40258 Cape Charles Drive is $0 currently.

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