40110 Cannes Ct, Temecula, California 92591, Temecula, 92591 - 3 bed, 2 bath
ACTIVE$649,999$1,272/sqft
Est. Value: $577,522
-11%
AboveEstimate
40110 Cannes Ct, Temecula, California 92591
3Beds
2Baths
1,272Sqft
Lot
Price Vs. Estimate
The estimated value ($577,522.305) is $72,476.695 (11%) lower than the list price ($649,999). This property may be overpriced.
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 = 8712, living area = 1272.
Top Cons:
Age of Property: Built in 1990, the home is 34 years old, which may suggest that some major systems (e.g., roof, plumbing, electrical) could be original or nearing their end-of-life, potentially requiring future investment beyond the updated HVAC.
Compared to the nearby listings
Price:$650.0K vs avg $745.0K ($-95,001)23%
Size:1,272 sqft vs avg 2,139 sqft8%
Price/sqft:$511 vs avg $35690%
More Insights
Built in 1990 (36 years old).
Condition: Built in 1990, this home has received significant updates that elevate its condition. The HVAC system was replaced less than 3 years ago, a major system update. The kitchen features modern dark cabinets, white countertops, subway tile backsplash, and stainless steel appliances, including a newer stove, indicating a recent renovation. Bathrooms also show updated vanities, countertops, and fixtures. Flooring is a mix of tile, carpet, and laminate, all appearing well-maintained. The property is described as 'truly move-in ready' and the images support a clean, updated, and well-cared-for interior, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years.
Year Built
1990
Close
-
List price
$650K
Original List price
$650M
Price/Sqft
$511
HOA
-
Days on market
-
Sold On
-
MLS number
2600124SD
Home ConditionGood
Features
Patio
View-
About this home
This light and bright home is tucked away on a quiet cul-de-sac and is truly move-in ready. Step outside to a pool-size backyard with a covered patio, perfect for entertaining. The property also features gated RV or boat parking, offering rare and convenient space for recreational vehicles or extra storage. A new heating and air conditioning system was updated less than 3 years ago. The spacious eat-in kitchen has gleaming white counter tops with plenty of cabinets, large single sink, and a newer stove. The open floor plan shows off the living room fireplace and vaulted ceilings.
C
Charmaine Hogan
Listing Agent
Price History
Date
Event
Price
02/22/24
Sold
$595,000
12/23/20
Sold
$447,500
03/19/18
Sold
$375,000
11/26/14
Sold
$275,000
04/20/04
Sold
$315,000
Condition Rating
Good
Built in 1990, this home has received significant updates that elevate its condition. The HVAC system was replaced less than 3 years ago, a major system update. The kitchen features modern dark cabinets, white countertops, subway tile backsplash, and stainless steel appliances, including a newer stove, indicating a recent renovation. Bathrooms also show updated vanities, countertops, and fixtures. Flooring is a mix of tile, carpet, and laminate, all appearing well-maintained. The property is described as 'truly move-in ready' and the images support a clean, updated, and well-cared-for interior, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years.
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 = 8712, living area = 1272.
Quiet Cul-de-Sac Location: The property is ideally situated on a quiet cul-de-sac, offering enhanced privacy, reduced traffic, and a peaceful living environment.
Move-in Ready Condition: Described as 'truly move-in ready,' this home allows for immediate occupancy without the need for significant upfront renovations or repairs.
Gated RV/Boat Parking: A rare and highly sought-after feature, the gated RV or boat parking provides convenient and secure space for recreational vehicles or additional storage.
Recently Updated HVAC System: A new heating and air conditioning system, updated less than 3 years ago, ensures modern comfort and reduces immediate capital expenditure for the buyer.
Entertainer's Backyard Potential: The property boasts a pool-size backyard with a covered patio, offering excellent potential for outdoor living, entertaining, and future enhancements.
Cons
Age of Property: Built in 1990, the home is 34 years old, which may suggest that some major systems (e.g., roof, plumbing, electrical) could be original or nearing their end-of-life, potentially requiring future investment beyond the updated HVAC.
Compact Interior Square Footage: With 1272 sqft for a 3-bedroom, 2-bathroom layout, the interior space may feel compact for some buyers, particularly those seeking more expansive living areas or accommodating a larger family.
Absence of Existing Pool: While the backyard is 'pool-size,' the property does not currently feature an existing pool, which could be a drawback for buyers specifically seeking a home with this amenity already in place.