31221 Taylor, Temecula, California 92592, Temecula, 92592 - 2 bed, 2 bath
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31221 Taylor
Temecula, California 92592
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,101Sq Ft
1,364Lot Size
Property Price
LIST PRICE$395,000
EST. MARKET VALUE
$414,784
4% BelowMARKET VALUE
SUMMARY
This Move-in Ready Single-Level Condo is a Strong Value Opportunity, listed at $395,000—positioned well below the $414,785 Fair Market Value by 4%. This valuation gap offers $19,785 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent 2024 LVP flooring and a 2022 AC system. Located in a resort-style community within the Top-Rated Temecula Unified School District, it is an ideal choice for first-time buyers or downsizers seeking low-maintenance, accessible living.
Estimated Market Value
$414,784+$19,784 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Temecula.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31221 Taylor Subject | $395,000* List Price | 2 | 2 | 1,101 | $377 | - |
A 31238 Taylor Sold | $420,000 | 2 | 2 | 1,101 | $381 | 0.0 mi |
B 44780 Adam Sold | $420,000 | 2 | 2 | 1,101 | $381 | 0.1 mi |
C 31031 Strawberry Tree Lane Sold | $480,000 | 2 | 2 | 1,340 | $358 | 0.3 mi |
D 31207 Strawberry Tree Sold | $460,000 | 2 | 2 | 1,104 | $417 | 0.2 mi |
E 44706 Adam Ln Sold | $390,000 | 2 | 2 | 1,101 | $354 | 0.2 mi |
F 44891 Athel Sold | $455,000 | 2 | 2 | 1,340 | $340 | 0.3 mi |
G 44774 Adam Lane Sold | $345,000 | 1 | 1 | 864 | $399 | 0.1 mi |
H 31167 Strawberry Tree Lane Sold | $465,000 | 2 | 2 | 1,104 | $421 | 0.2 mi |
I 44943 Bellflower Lane 120 Active | $460,000 List Price | 2 | 2 | 1,104 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready. It features significant recent updates including new LVP flooring (2024), a new AC system (2022), and fresh interior paint. While the kitchen and bathrooms retain original cabinetry and dated appliances, the major systems and surfaces are in good condition, fitting the 10-20 year functional criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Red Hawk Elementary School (9/10). High School: Great Oak High School (10/10).
- Single-Level Accessibility
The desirable no-stairs layout and single-story floor plan make this home ideal for downsizers or buyers seeking low-maintenance, accessible living.
- Recent Capital Improvements
The property is truly move-in ready with significant recent upgrades, including luxury vinyl plank flooring installed in 2024, a new AC system from 2022, and fresh interior paint.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1364, other record lot size in square feet = 1668.
- Monthly Association Dues
The $400 monthly HOA fee represents a significant recurring expense that buyers must factor into their total monthly carrying costs compared to non-gated alternatives.
- Lack of Scenic Views
The property listing indicates no specific view, which may be a disadvantage for buyers seeking the panoramic vistas often found in the Temecula Wine Country region.
About 31221 Taylor
Move in ready Single-Level 2-Bedroom Condo in Gated Resort-Style Community *Available* Welcome home to this beautifully maintained 2-bedroom, 2-bathroom, single-level condo offering approximately 1,102 sq. ft. of comfortable living space with a desirable no-stairs layout. The home features LVP flooring installed in 2024, AC installed in 2022, and fresh interior paint, making it move-in ready. The spacious primary bedroom includes a walk-in closet, while the private patio provides a great space to relax or entertain. Located in a gated community with resort-style amenities, this home combines comfort, convenience, and a relaxed lifestyle. Temecula Creek Village is a great community with a pool and spa area that will make you feel like you're always on vacation. The community also features a gym / exercise room, Gated entry with controlled access and playgrounds for your little ones.With no stairs and a thoughtfully designed single-story floor plan, it is an excellent opportunity for first-time buyers, downsizers, or anyone looking for easy, low-maintenance living. Conveniently located to the freeway, shopping restaurants and entertainment as well as Temecula's world renowned Wine Country. Call today for a private showing
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 1,364 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Temecula Unified Schools
Red Hawk Elementary School
Grades K-5 • 1.0 mi
9/10
Erle Stanley Gardner Middle School
Grades 6-8 • 0.5 mi
8/10
Great Oak High School
Grades 9-12 • 2.0 mi
10/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,101 | 1,479.389 |
| Lot Size | 1,364 | 2,803.944 |
| Price | $395.0K | $571.0K |
| Price per sq ft | $359 | $388 |
| Built year | 2005 | 2015 |
| HOA | $400.0 | $290 |
| Days on market | 17 | 65 |
Pricing History
Listed for Sale
Aug 23, 2026
$395,000
Initial Listing
Sold
Jan 4, 2022
$375,000
Public Record
Sold
Jun 25, 2019
$266,000
Public Record
Sold
Jan 31, 2018
$245,000
Public Record
Sold
Nov 12, 2009
$112,000
Public Record