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31060 Corte Anza, Temecula, California 92592, Temecula, 92592 - 4 bed, 2 bath

31060 Corte Anza, Temecula, California 92592 home-pic-0
ACTIVE UNDER CONTRACT$599,999
31060 Corte Anza, Temecula, California 92592
4Beds
2Baths
1,524Sqft
Lot

Price Vs. Estimate

The estimated value ($627,748.425) is $27,749.425 (4%) higher than the list price ($599,999). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1524.
Top Cons:
Requires Significant Updates: The property is described as 'ready for your personal touch,' indicating a need for cosmetic and potentially functional renovations to modernize.

Compared to the nearby listings

Price:$600.0K vs avg $799.0K ($-199,001)4%
Size:1,524 sqft vs avg 2,459.5 sqft13%
Price/sqft:$394 vs avg $35666%

More Insights

Built in 1988 (37 years old).
Condition: Built in 1988, this home is 36 years old. While some cosmetic updates like fresh paint, newer carpet, and some updated flooring (marble-look tile in dining, wood-look in living) are present, the kitchen and both bathrooms are significantly dated with original or very old cabinets, countertops, appliances, and fixtures. The property description explicitly states it's 'ready for your personal touch' and 'requires significant updates,' confirming its aged condition. Major components are functional but show clear signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1988
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$394
HOA
$22
Days on market
-
Sold On
-
MLS number
250043891SD
Home ConditionFair
Features
Good View:
Patio
View

About this home

A Temecula Gem with Unlimited Potential! Nestled in a prime location just off Rancho California Rd, this 4-bedroom, 2-bath home sits in the heart of Temecula — minutes from top-rated schools, wineries, casinos, upscale dining, movie theaters, and easy access to I-15. Step inside to an open floor plan featuring a spacious great room with a cozy fireplace, a functional kitchen with a breakfast nook, a separate dining area, and three main-level bedrooms. The private primary suite is tucked away upstairs, offering a peaceful retreat. The large backyard, with no rear neighbors, provides the perfect canvas to create your ideal outdoor space. Inside, the home is ready for your personal touch — bring your vision and transform this space into your dream home. Affordably priced and full of potential, this is an amazing opportunity for homeowners or investors looking to get into one of Temecula’s most desirable areas. Don’t miss it!

Nearby schools

7/10
Vintage Hills Elementary School
Public,•K-5•1.1mi
7/10
Margarita Middle School
Public,•6-8•0.8mi
8/10
Temecula Middle School
Public,•6-8•1.3mi
8/10
Temecula Valley High School
Public,•9-12•0.3mi

Price History

Date
Event
Price
05/03/24
Sold
$620,000
12/08/09
Sold
$41,000
Condition Rating
Fair
Built in 1988, this home is 36 years old. While some cosmetic updates like fresh paint, newer carpet, and some updated flooring (marble-look tile in dining, wood-look in living) are present, the kitchen and both bathrooms are significantly dated with original or very old cabinets, countertops, appliances, and fixtures. The property description explicitly states it's 'ready for your personal touch' and 'requires significant updates,' confirming its aged condition. Major components are functional but show clear signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1524.
Exceptional Location: Centrally located in Temecula, offering convenient access to top-rated schools, wineries, entertainment, dining, and I-15.
Strong Investment Value: Listed below its estimated market value and a recent comparable sale, presenting an attractive opportunity for appreciation or immediate equity.
Highly-Rated School District: Zoned for excellent public schools (Vintage Hills Elementary, Margarita Middle, Temecula Valley High) with high ratings and close proximity.
Private Primary Suite & Functional Layout: Features a desirable upstairs primary suite for privacy and an open floor plan with a great room and main-level bedrooms.
Spacious & Private Backyard: A large backyard with no rear neighbors offers significant potential for outdoor customization and enhanced privacy.

Cons

Requires Significant Updates: The property is described as 'ready for your personal touch,' indicating a need for cosmetic and potentially functional renovations to modernize.
Dated Construction: Built in 1988, the home likely retains original systems and finishes that may require future maintenance or replacement.
Limited Bathroom Count: With 4 bedrooms and only 2 bathrooms, the home may present functional challenges for larger households or guests.

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