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45671 Magnolia Place

45671 Magnolia Place, Temecula, CA 92592
Property in Wolf Creek
Sold Jul 19, 2023
Transfer
$610,000 by Novus Home Mortgage
Mortgage Due Aug 01, 2053
Sold Feb 15, 2007
$539,500
$431,100 by First Franklin Financial Corp
Mortgage Due Mar 01, 2037
Local assessors in Temecula, CA have categorized 45671 Magnolia Place as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 5,663 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 45671 Magnolia Place has a total of 3,023 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 519 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $539,500 in Jan 17, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,410 in taxes each year. 45671 Magnolia Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $694,727. If we break it down further, the land itself was valued at $180,273. Improvements to the property, however, were assessed at a total of $514,454. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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: 2005
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 519
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,676
  • Gross Building Area: 3,676
  • Building Area: 3,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,023
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 297983
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .13 ACRES M/L IN LOT 48 MB 354/009 TR 29798-3

Ownership

  • Current Owner : GASCON BRIAN D
  • Current Owner 2: GASCON DIYNN L
  • Previous Owner : FANENE LYNN N
  • Previous Owner 2: FANENE BRIAN D
  • Owner Before Previous Owner: VANTRAN NGOC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 043208

Geography

  • Subdivision Tract Number: 29798-3
  • Parcel: 961-320-048
  • Lot: 48
  • Municipality: TEMECULA
  • Latitude: 33.465
  • Longitude: -117.112

    Address

  • Full Address: 45671 Magnolia Pl
  • Address - House Number: 45671
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Temecula
  • Carrier Code: C001
  • 4-Digit Zip Code: 2844
  • Zip Code: 92592

Valuation

    Tax

  • Total Area: 3,023
  • Tax Year: 2023
  • Tax Amount: $10,410
  • Tax Rate Code Area: 013-004

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 771,991
  • High Value: 896,381
  • Low Value: 647,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $610,000
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 19, 2023
  • First Open Lien Mortgage Loan Amount: $610,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $551,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,727
  • Assessed Land Value: $180,273
  • Assessed Improvements Value: $514,454

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Transaction ID: 11909693114
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 209288
  • Previous Sale Recording Date: Feb 15, 2007
  • Previous Sale Contract Date: Jan 17, 2007
  • Previous Sale Amount: $539,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Jul 19, 2023
  • First Mortgage Loan Amount: $610,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • Previous Mortgage Transaction Date: Feb 15, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $431,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Mar 01, 2037

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Frequently Asked Questions

What neighborhood is 45671 Magnolia Place located in?
The 45671 Magnolia Place is a located in the neighborhood of Wolf Creek in Wolf Creek, Temecula.
What is the average sales price for listings in 45671 Magnolia Place?
The average sales price for units in 45671 Magnolia Place is $0 currently.

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