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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Temecula, CA.
This property is $524.6K 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
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: 12/25/2024, 3:20:58 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
DATE
EVENT
PRICE
Dec 12, 2016
Dec 12, 2016Home Sold
$750,000
Jul 10, 2014
Jul 10, 2014Home Sold
$420,000
Nov 27, 2013
Nov 27, 2013Home Sold
$330,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,456
Per Month
Principal & Interest
$6,389
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,904
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Vail Elementary School
29835 Mira Loma Dr
Distance between this listing and this school1.02 miles
Public District Grades KG-5
6
/10
Temecula Elementary School
41951 Moraga Rd
Distance between this listing and this school1.32 miles
Public District Grades KG-5
9
/10
Paloma Elementary School
42940 Via Rami
Distance between this listing and this school2.55 miles
Public District Grades KG-5
Nearby Schools
5
/10
Margarita Middle School
30600 Margarita Rd
Distance between this listing and this school2.04 miles
Public District Grades 6-8
7
/10
James L. Day Middle School
40775 Camino Campos Verde
Distance between this listing and this school2.42 miles
Public District Grades 6-8
8
/10
Erle Stanley Gardner Middle School
45125 Via Del Coronado
Distance between this listing and this school2.75 miles
Public District Grades 6-8
Nearby Schools
6
/10
Elite Academic Academy - Mountain Empire
43414 Business Park Dr
Distance between this listing and this school0.90 miles
Public Charter Grades KG-12
4
/10
Elite Academic Academy - Lucerne
43414 Business Park Dr
Distance between this listing and this school0.90 miles
Public Charter Grades KG-12
6
/10
Jcs - Pine Hills
29141 Vallejo Ave
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $41,528. The majority of Temecula, CA residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically 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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 November 2024 more than 20 listings in Temecula, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 44 were sold below. The number of homes for sale in Temecula, CA decreased by 8% between October 2024 and November 2024. Listings spent 34 days on the market in November 2024, and had a median list price of $755,360 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
Monster Trucks
Pro Wrestling
Dick's Sporting Goods
Wal-Mart
Dillards
Texas Roadhouse
Hardee's
Cracker Barrel
Subaru
Ram
Cadillac
New Country
Classic Country
News/Talk/Information