This can be "Your Park in the City" you won't believe the size of this lot with endless possibilities. If your looking for a deal, you have found it! This home has three bedrooms, 2 baths and is 1,254 square feet but the backyard is what is going to make up your mind! The Temecula/Murrieta Valley Offers Award Winning Schools, Low Crime And Endless Opportunities For All Ages. Shop In The Wild West Setting Of Old Town Or The Convenience Of The Promenade Mall. Challenge Yourself With Eight Local Golf Courses Or Enjoy An Evening Of Performing Arts, Dining Or Even Casino Gaming. You Can Pamper Yourself At A Local Spa Or Be Adventurous With A Hot Air Balloon Ride To Take In The Endless Views Of Our Vineyard Covered Hills From Over 20 Award Winning Wineries. Conveniently Located Within An Hour From San Diego Orange And Los Angeles Counties.
Single-familyProperty Type
1989Year Built
0.29 acresLot Size
$417Est. Price/Sq.Ft.
2 car garageParking
Listed by Larry FALK•DRE #01148948• KW Temecula
Bought with Parilta Thananantanak•DRE #01485766• Pearl Home Realty
Source:CRMLS #T07064997
Redfin Estimate
$523,469
$168K since sold in November 2018$20K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.6% lower than the average sale price ($620K) of 6 comparable homes.
This can be "Your Park in the City" you won't believe the size of this lot with endless possibilities. If your looking for a deal, you have found it! This home has three bedrooms, 2 baths and is 1,254 square feet but the backyard is what is going to make up your mind! The Temecula/Murrieta Valley Offers Award Winning Schools, Low Crime And Endless Opportunities For All Ages. Shop In The Wild West Setting Of Old Town Or The Convenience Of The Promenade Mall. Challenge Yourself With Eight Local Golf Courses Or Enjoy An Evening Of Performing Arts, Dining Or Even Casino Gaming. You Can Pamper Yourself At A Local Spa Or Be Adventurous With A Hot Air Balloon Ride To Take In The Endless Views Of Our Vineyard Covered Hills From Over 20 Award Winning Wineries. Conveniently Located Within An Hour From San Diego Orange And Los Angeles Counties.
Year
Property tax
Land + Additions
Assessment*
2025
$4,969 (+1.6%)
$170,671 + $216,409
$387,080
2024
$4,893 (+0.9%)
$170,671 + $216,409
$387,080
2023
$4,848 (+2.4%)
$167,325 + $212,166
$379,491
2022
$4,737 (+2.2%)
$164,045 + $208,006
$372,051
2021
$4,636 (+1.1%)
$160,829 + $203,928
$364,757
2020
$4,584 (+1.5%)
$157,676 + $199,930
$357,606
2019
$4,515 (+0.2%)
$156,060 + $197,880
$353,940
2018
$4,504 (+5.0%)
$153,000 + $194,000
$347,000
2017
$4,289 (+6.6%)
$145,000 + $184,000
$329,000
2016
$4,024 (+4.4%)
$145,000 + $184,000
$329,000
2015
$3,853 (+9.4%)
$136,000 + $171,000
$307,000
2014
$3,522 (+26.5%)
$119,000 + $151,000
$270,000
2013
$2,783 (−0.5%)
$119,000 + $151,000
$270,000
2012
$2,797 (+0.7%)
$91,000 + $115,000
$206,000
2011
$2,779 (+6.5%)
$92,000 + $117,000
$209,000
2010
$2,610 (+10.6%)
$92,000 + $117,000
$209,000
2009
$2,359 (−39.4%)
$86,000 + $109,000
$195,000
2008
$3,894
$76,000 + $97,000
$173,000
Tax history for 40231 Mimulus Way
Year
Property tax
Land + Additions
Assessment*
2025
$4,969 (+1.6%)
$170,671 + $216,409
$387,080
2024
$4,893 (+0.9%)
$170,671 + $216,409
$387,080
2023
$4,848 (+2.4%)
$167,325 + $212,166
$379,491
2022
$4,737 (+2.2%)
$164,045 + $208,006
$372,051
2021
$4,636 (+1.1%)
$160,829 + $203,928
$364,757
2020
$4,584 (+1.5%)
$157,676 + $199,930
$357,606
2019
$4,515 (+0.2%)
$156,060 + $197,880
$353,940
2018
$4,504 (+5.0%)
$153,000 + $194,000
$347,000
2017
$4,289 (+6.6%)
$145,000 + $184,000
$329,000
2016
$4,024 (+4.4%)
$145,000 + $184,000
$329,000
2015
$3,853 (+9.4%)
$136,000 + $171,000
$307,000
2014
$3,522 (+26.5%)
$119,000 + $151,000
$270,000
2013
$2,783 (−0.5%)
$119,000 + $151,000
$270,000
2012
$2,797 (+0.7%)
$91,000 + $115,000
$206,000
2011
$2,779 (+6.5%)
$92,000 + $117,000
$209,000
2010
$2,610 (+10.6%)
$92,000 + $117,000
$209,000
2009
$2,359 (−39.4%)
$86,000 + $109,000
$195,000
2008
$3,894
$76,000 + $97,000
$173,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
SP-1
Roripaugh Estates Specific Plan District
The intent of the specific plan zoning district is to provide for the creative and effective planning and design of portions of the city which require a more comprehensive and coordinated approach to planning than can be achieved through the conventional application of zoning regulations. The specific plan zoning district is intended to provide the flexibility in planning and design to effectively implement the goals and policies of the general plan. In addition, the purpose of this chapter is to establish uniform procedures for the adoption and implementation of specific plans for the coordination of future development within the city, consistent with this development code and pursuant to California Government Code.
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Roof Covering Type: Slate/Tile
Roof Shape Type: Slate/Tile
Property Information
Living Sq. Ft: 1,254
Adjusted Gross Sq. Ft: 1,254
Building Sq. Ft: 1,731
# of Stories: 1
Stories Type: 1
Legal Description: LOT 34 MB 185/037 TR 20703-2
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 477
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,632
Legal Lot Number: 34
Municipality Name: CITY OF TEMECULA
Acres: 0.29
County Use Description: SINGLE FAMILY DWELLING
Utility Information
Electricity / Wiring Type: Available
Financial
Assessor Information
Assessment Year: 2025
Tax Area: CITY OF TEMECULA
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,254
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: 1989
County: Riverside County
APN: 920152029
Home facts updated by county records on Aug 8, 2026
Around this home
Schools
Nicolas Valley Elementary School
Public K-5 • Assigned • 1.6mi
6/10
James L. Day Middle School
Public 6-8 • Assigned • 0.2mi
8/10
Chaparral High School
Public 9-12 • Assigned • 0.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Temecula, CA • 92591
Average low and high temperatures (°F)
68
41
71
46
74
48
72
49
77
54
83
58
86
58
92
62
88
62
83
53
73
45
71
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9.7 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$498,000 – $602,000
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