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40400 Chaparral Drive

40400 Chaparral Drive, Temecula, CA 92592
Property in Riverside
Sold Aug 25, 2017
$725,000
$367,000 by Quicken Loans Llc
Mortgage Due Oct 01, 2050
Sold Jul 17, 2012
$150,000
40400 Chaparral Drive in Temecula, CA was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 40400 Chaparral Drive has 2,585 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 129,373 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. For those who need parking, there is a attached garage. The garage is 609 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40400 Chaparral Drive was last sold in Jul 12, 2017 for $725,000. According to our calculations, that's $226.99 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Jul 6, 2012. Current property owners are expected to pay $8,937 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 40400 Chaparral Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $792,890. To break that down further, the land itself was valued at $218,727. While improvements to the property were assessed at a total of $574,163. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 609
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 129,373
  • Total Building Area: 3,194
  • Gross Building Area: 3,194
  • Building Area: 2,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 3944
  • Land Acres: 2.97
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: 2.97 ACRES IN LOT 121 MB 064/052 TR 3944

Ownership

  • Current Owner : NICLSEN STEPHEN C
  • Current Owner 2: NICLSEN SUSAN B
  • Previous Owner : FERRUGGIA THOMAS G
  • Previous Owner 2: FERRUGGIA MARY EILEN
  • Owner Before Previous Owner: DOLPHIN LA QUINTA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 043293

Zoning

  • Zoning: RA

Geography

  • Subdivision Tract Number: 3944
  • Parcel: 927-220-013
  • Lot: 121
  • Municipality: TEMECULA VALLEY
  • Latitude: 33.536
  • Longitude: -117.009

    Address

  • Full Address: 40400 Chaparral Dr
  • Address - House Number: 40400
  • Address - Street Name: Chaparral
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Temecula
  • Carrier Code: R060
  • 4-Digit Zip Code: 8888
  • Zip Code: 92592

Valuation

    Tax

  • Total Area: 2,585
  • Tax Year: 2023
  • Tax Amount: $8,937
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 094-021

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 1,158,207
  • High Value: 1,387,933
  • Low Value: 928,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $367,000
  • First Open Lien Mortgage Term: 347
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $851,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $792,890
  • Assessed Land Value: $218,727
  • Assessed Improvements Value: $574,163

    Sales

  • Current Sale Contract Date: Jul 12, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Transaction ID: 1732842959
  • Current Sale Price: $725,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0354054
  • Previous Sale Recording Date: Jul 17, 2012
  • Previous Sale Contract Date: Jul 06, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 40400 Chaparral Drive located in?
The 40400 Chaparral Drive is a located in the neighborhood of Riverside in Riverside, Temecula.
What is the average sales price for listings in 40400 Chaparral Drive?
The average sales price for units in 40400 Chaparral Drive is $0 currently.

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