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42045 3rd St, Temecula, CA, 92590

$1,280,000

0.27 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #IV24198637
Lot Size0.27 Acres
StatusActive

About 42045 3rd St

The offering consists of one legal parcel totaling approximately 0.27 acres (+/- 11,761 square feet) of land located on 3rd Street, just west of its intersection with Old Town Front Street in the heart of Old Town Temecula. The property sits adjacent to the Old Town Pub and is across the street from The Warehouse at Creekside and Front Street Plaza. Additionally, it's located in the Old Town Specific Plan (SP-5) within the Downtown Core designated area. This district is intended to provide uses that support pedestrian oriented and mixed-use developments that accommodate a variety of land use focused on service oriented businesses. The height allowance is four stories and residential development between 40-70 DU/AC is also permitted with certain restrictions. The specific plan allows for favorable development standards and parking requirements (if any) are determined by the proposed land use.

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER COMMERCIAL SC
  • Office Phone: (951) 442-3763
  • Listing Agent: BRANDON SUDWEEKS

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Other

Directions Information:

  • Directions: Frontage on 3rd St just west of its intersection with Old Town Front St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,280,000

Tax Information:

  • Annual Amount: $11,915
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Temecula, CA.

Med. Sold Price

$756.4K

Med. Price/SqFt

$355

Avg. Days On Market

27

# of Sold Homes

97

42045 3rd St vs Temecula

57 DAYS ON ROCKET

+30 Days

$1,280,000

+$523.6K More

KEY TAKEAWAY

This property is $523.6K more than the Median Sold Price in Temecula, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV24198637

Listing Office:

  • Office Name: COLDWELL BANKER COMMERCIAL SC
  • Office Phone: (951) 442-3763
  • Listing Agent: BRANDON SUDWEEKS

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 12, 2016Home Sold
$750,000
Jul 10, 2014Home Sold
$420,000
Nov 27, 2013Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,915$882,421
2020$11,914$873,373
2018$11,516$839,460
2017$5,914$823,000

History based on county public records data.

Payment Calculator

$6,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,904

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-376038
7
/10
  • Vail Elementary School

  • 29835 Mira Loma Dr

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-376039
6
/10
  • Temecula Elementary School

  • 41951 Moraga Rd

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-376040
9
/10
  • Paloma Elementary School

  • 42940 Via Rami

  • 2.55 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,528. Most Temecula, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Temecula, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Temecula, CA.

Temecula's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartment complexes and cozy townhouses. The architectural styles vary, with a noticeable presence of Mediterranean and Spanish influences, as well as contemporary designs. Single-family homes are the most prevalent, making up a significant portion of the housing stock, while apartments and townhouses offer alternatives for those seeking a more communal living experience. The homeownership rate in Temecula is high, reflecting the community's preference for owning over renting.

What is it like to live in Temecula, CA?

Temecula is celebrated for its picturesque vineyards and vibrant wine culture, which play a central role in the community's identity. The city prides itself on a family-friendly atmosphere, with numerous parks and recreational areas contributing to its inviting character. Annual events, such as the Temecula Valley Balloon & Wine Festival, highlight the region's passion for local crafts and entertainment, fostering a sense of togetherness among residents.

Is it easy to get around Temecula, CA without a car?

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs and preferences. Healthcare is readily accessible, with several hospitals and clinics providing a range of services from emergency care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the rich culinary traditions of the area.

Transportation in Temecula, CA.

Transportation in Temecula includes a network of roads and highways that connect residents to nearby cities and attractions, with Interstate 15 being a major thoroughfare. Public transportation options are available, offering residents alternatives to private vehicle use. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike lanes and trails are also present, encouraging cycling as a mode of transport. While ride-sharing services are operational, specific schedules and availability may vary.

Frequently Asked Questions About 42045 3rd St

What is the listing price of this property?

The listing price of 42045 3rd St property is $1,280,000.

What type of property is this?

The property 42045 3rd St is land located in Temecula, California, 92590.

Is this property for sale now?

Active Listing: 42045 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,915 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 12, 2016 for $750,000. (source: MLS/tax record).

How much acreage is this property?

The property 42045 3rd St is 0.27 acres.
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Rocket HomesCaliforniaRiverside CountyTemecula9259042045 3rd St

This home is located at 42045 3rd St in Temecula, CA and zip code 92590. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $1,280,000.

In October 2024, from all listings sold in Temecula, CA there were more than 30 sold above asking price, over 44 sold below and more than 23 were sold right at the asked price. Between September 2024 and October 2024, Temecula, CA real estate market has seen increase in the number of listings by 3.2%. While the average time on the market in October 2024 was 27 days, the median list price was $756,400.

From Rocket Homes Real Estate and based on county public records data.

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