NOT LISTED FOR SALE

Estimated Value: $538,000 - $616,000

5 Beds
3.5 Baths
2,142 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $420,000 $196 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,571/month

164 Days on Market

Highlights

  • Cabana
  • Mountain View
  • Bonus Room
  • Dual Staircase
  • Wood Flooring
  • 3-minute walk to Swick and Matich Park

About This Home

As of February 2023

This property is located within walking distance of Downtown Lake Elsinore. This 2000+ sq ft house is a fixer but has loads of potential if you need a lot of space! Tax records show 2 bedrooms but there are 4 and 3 bathrooms. You will love the spacious living room with fireplace and wood floors opening to a huge balcony for entertaining. Check out the back yard - it is a little paradise with shaded areas, mature trees and plants and covered areas for barbeques and fun times, remember there is a two-car garage and basement area under the building.

Last Agent to Sell the Property

Andrew Warburton

eXp Realty of Southern California, Inc. License #01065333 Listed on: 06/15/2022

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Hector Higuera

Allison James Estates & Homes License #01203408

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Wire Fence
  • Private Yard
  • Density is 6-10 Units/Acre
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Public Parking
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Off-Street Parking

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,142 Sq Ft Home
  • 1-Story Property
  • Dual Staircase
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Bonus Room
  • Mountain Views
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Cabana
  • Balcony
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 23
  • Tax Tract Number 5017
  • Assessor Parcel Number 374171008
  • $110 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,357

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 9512103777
  • Other Phone Number: 3102701689
  • Property Attached: No
  • View: Yes
  • Zoning: R2
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 374171008
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2142.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 196.08
  • Room Type: Bonus Room, Kitchen
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wire
  • Patio And Porch Features: Cabana, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage - Two Door, Off Street, Private, Public
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 430.06
  • Tax Lot: 8
  • Tax Tract Number: 005017
  • TaxOtherAnnualAssessmentAmount: 110.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Dec 7, 2022
Sold by
Gil Rudy
Bought by
Cervantes Gabino and Castro Yuribel Gamez
Seller's Agent
Andrew Warburton
eXp Realty of Southern California, Inc.
Buyer's Agent
Hector Higuera
Allison James Estates & Homes
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Views
93
Current Estimated Value
$578,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,062
Avg. Annual Appreciation
13.29%
Original Mortgage
$412,392
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2007
Sold by
Gil Rudy
Bought by
Gil Rudy and Ulloa Angelica G

Purchase Details

Closed on
May 8, 2006
Sold by
Gil Rudy
Bought by
Gil Rudy and Ulloa Angelica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2006
Sold by
Schulman Judy P
Bought by
Gil Rudi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2001
Sold by
Schulman Laura
Bought by
Schulman Laura R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cervantes Gabino $420,000 California Title Company
Gil Rudy -- Accommodation
Gil Rudy -- Security Union Title Company
Gil Rudy -- None Available
Gil Rudi $390,000 First American Title
Schulman Laura R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Gabino $110,539
Closed Cervantes Gabino $12,224
Previous Owner Cervantes Gabino $412,392
Previous Owner Gil Rudi $39,000
Previous Owner Gil Rudi $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $420,000 +2.4% $196 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $410,000 -4.7% $191 / Sq Ft
11/17/2022 11/17/22 For Sale $430,000 0.0% $201 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $430,000 0.0% $201 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $430,000 0.0% $201 / Sq Ft
08/30/2022 08/30/22 For Sale $430,000 -4.4% $201 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $450,000 -6.3% $210 / Sq Ft
06/15/2022 06/15/22 For Sale $480,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,357 $520,200 $156,060 $364,140
2023 $5,357 $464,065 $118,352 $345,713
2022 $4,753 $421,878 $107,593 $314,285
2021 $3,740 $357,524 $91,181 $266,343
2020 $3,343 $319,217 $81,411 $237,806
2019 $3,247 $309,920 $79,040 $230,880
2018 $3,124 $298,000 $76,000 $222,000
2017 $2,896 $276,000 $71,000 $205,000
2016 $2,824 $274,000 $70,000 $204,000
2015 $2,241 $216,000 $55,000 $161,000
2014 $2,109 $206,000 $53,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22129983

California Regional Multiple Listing Service (CRMLS)

APN: 374-171-008