NOT LISTED FOR SALE

40556 Koa Ct Temecula, CA 92591

Estimated Value: $1,024,595 - $1,093,000

5 Beds
3.5 Baths
3,648 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,010,000 $277 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,220/month

5 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Open Floorplan
  • Nicolas Valley Elementary School Rated A-
  • Updated Kitchen
  • Property is near a park

About This Home

As of April 2024

Welcome to your ideal residence in the secure Gated Community of Nicolas Heights! This impressive 5-bed, 3.5-bath, 3,648 sqft cul-de-sac home with an array of desirable features including paid-off solar panels, whole-house fan, dual zone air conditioning, Tesla Charger, tankless water heater, shutters throughout and smart home capabilities. Combining opulence with comfort, this home offers generously proportioned rooms and contemporary amenities, creating a space you'll take great pride in calling your own. Upon entering, you will notice LVP flooring recently installed upgraded light fixtures and ceiling fans throughout. The open floor plan enhances the home's sociability, perfect for hosting gatherings or spending quality time with family. The formal dining room sets the stage for elegant dinner parties, complemented by the inviting gas fireplace in the living room, creating an ideal atmosphere for those cold winter nights. Also on the first floor you will find discreetly located bedroom with a full en-suite bathroom adding versatility to the home's layout as well as an office with a new built in workspace. Convenient access to the 3 car tandem garage with built in shelving included. The newly remodeled kitchen with butlers area is a culinary haven, featuring stainless steel appliances, granite countertops, double ovens, and ample cabinet space. Whether crafting a quick breakfast or preparing a multi-course dinner, you'll appreciate the convenience and style of this well-appointed kitchen. The backyard offers an extended off of the kitchen concrete patio for entertaining large groups under the newly installed patio cover with ceiling fan for comfort on warm summer days. There are endless possibilities with this pool sized lot and already built-in side yard dog run! Making your way to the second level of the home you will find an oversized loft/bonus room offering added space for friends and family gatherings. The master bedroom serves as a serene retreat, characterized by its expansive layout and abundant natural light. The attached private en-suite bathroom with dual vanity sinks, a luxurious soaking tub, separate shower, walk-in closet and stand alone vanity. Residents of Nicolas Heights benefit from a community park, playground, and splash pad, enhancing the neighborhood's appeal. Conveniently located, top-tier schools, popular shops, restaurants, and Temecula’s scenic wine country are just minutes away, completing the picture of an idyllic dream home.

Last Listed By

Blake Cory

eXp Realty of California, Inc. Brokerage Phone: 951-216-3319 License #01781649 Listed on: 03/14/2024

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,148

Year Built

  • Built in 2018

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Backyard Sprinklers
  • Back Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Turnkey

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Storage
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Schools

  • Nicolas Valley Elementary School
  • James Day Middle School
  • Chaparral High School

Utilities

  • Two cooling system units
  • Whole House Fan
  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 36479
  • Assessor Parcel Number 919520015
  • $4,102 per year additional tax assessments

Community Details

Overview

  • Nicolas Heights HOA, Phone Number (800) 232-7517
  • Sea Breeze Management HOA
  • Maintained Community

Recreation

  • Community Playground
  • Park
  • Bike Trail

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,148

Year Built

Built in 2018

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Office Number
  • Other Phone Number: 877-655-6613
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 919520015
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3648.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Track Lighting
  • Stories: 2
  • Entry Location: .
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 276.86
  • Room Type: Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Linen Closet/Storage, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Garage, Garage Faces Front, Private
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Tankless Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Biking Trails, Maintenance Grounds, Management, Guard, Security, Controlled Access
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Nicolas Heights HOA
  • Phone: 1-800-232-7517
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban
  • Association Management: Sea Breeze Management

Schools

  • School District: Temecula Unified
  • Elementary School: Nicolas Valley
  • Middle School: James Day
  • High School: Chaparral
  • Elementary School: Nicolas Valley
  • High School: Chaparral
  • Middle Or Junior School: James Day
  • Elementary School #2: NICVAL
  • High School2: CHAPAR2

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lot 6500-9999, Park Nearby, Sprinklers Drip System, Sprinklers In Rear
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.18
  • Tax Lot: 64
  • Tax Tract Number: 36479
  • TaxOtherAnnualAssessmentAmount: 4102.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Mar 25, 2024
Sold by
Riley Christopher Dean and Riley Gabriela Marie
Bought by
Department Of Veterans Affairs Of The State O
Seller's Agent
Blake Cory
eXp Realty of California, Inc.
Buyer's Agent
Ashlee Eagle
Mogul Real Estate
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Total Days on Market
5
Views
66
Current Estimated Value
$1,052,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,399
Avg. Annual Appreciation
4.11%
Original Mortgage
$30,300
Outstanding Balance
$29,985
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$1,022,414

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 15, 2023
Sold by
Miyamoto Family Trust
Bought by
Riley Christopher Dean and Riley Gabriela Marie
Seller's Agent
Brittany Nicola
LPT Realty, Inc
Buyer's Agent
Blake Cory
eXp Realty of California, Inc.
List Price
$914,999
Sold Price
$890,000
Premium/Discount to List
-$24,999
-2.73%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Original Mortgage
$919,370
Interest Rate
6.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 20, 2020
Sold by
Miyamoto Vernon K and Miyamoto Joyce S
Bought by
Miyamoto Vernon K and Miyamoto Joyce S

Purchase Details

Closed on
Nov 9, 2018
Sold by
Lennar Homes Of California Inc
Bought by
Miyamoto Vernon K and Miyamoto Joyce S

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Department Of Veterans Affairs Of The State O -- First American Title
Riley Christopher Dean $890,000 Ticor Title
Miyamoto Vernon K -- None Available
Miyamoto Vernon K $557,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ntiamoah Joseph Appiah $30,300
Previous Owner Riley Christopher Dean $919,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,010,000 +1.0% $277 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $999,999 +12.4% $274 / Sq Ft
06/12/2023 06/12/23 Sold $890,000 +1.3% $244 / Sq Ft
04/12/2023 04/12/23 Price Changed $879,000 -3.9% $241 / Sq Ft
02/16/2023 02/16/23 For Sale $914,999 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2023 $13,148 $596,815 $139,383 $457,432
2022 $10,149 $585,113 $136,650 $448,463
2021 $10,076 $573,641 $133,971 $439,670
2020 $9,999 $567,760 $132,598 $435,162
2019 $10,394 $556,629 $129,999 $426,630
2018 $1,537 $111,557 $111,557 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24047044

California Regional Multiple Listing Service (CRMLS)

APN: 919-520-015