Last sale was 20 months ago for over $1.2M. The owner put the home on the market for $999,000 in Jan and after recieveing a Notice of Default from the bank has since reduced this falling knife to $799,000.
I know Temecula and Murrieta are nice growing communities, but if I had $1.2 million to spend on a house I think I can come up with some more, lets say, desirable areas.....La Jolla, Rancho Santa Fe, Del Mar......come to mind and guess what? They hold there values too.
