NOT LISTED FOR SALE

Estimated Value: $470,000 - $527,000

3 Beds
2 Baths
1,230 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $440,000 $358 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,127/month

31 Days on Market

Highlights

  • Lake View
  • No HOA
  • Central Heating
  • Maid or Guest Quarters
  • Cooling Available
  • 1-Story Property

About This Home

As of July 2023

Classic Old Lake Elsinore home built in 1939 on the east side of the lake with main house plus detached 2nd unit. This home has tons of potential with a view of the lake as you look west down the street. Three bedrooms in the main house and 1 more in the 2nd unit for a total of 4 bedrooms. One car garage. And a super large fenced lot with endless possibilities. Walking distance from old town Lake Elsinore's Main Street shops and restaurants!

Last Agent to Sell the Property

John Goga

RedRock License #01156272 Listed on: 05/30/2023

Last Buyer's Agent

Kelly Taing

eXp Realty of California, Inc. License #01974245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,637

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 19 / 27
  • Assessor Parcel Number 374142006
  • $110 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,637

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Other Phone Number: 951-551-0793
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 374142006
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1230.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 357.72
  • Room Type: Guest/Maid's Quarters

Exterior Features

  • View: Lake
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights, Suburban

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.67142500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 430.06
  • Tax Lot: 19
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 110.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 11, 2023
Sold by
Luella Washburn Living Trust
Bought by
Nelson Aletha
Seller's Agent
John Goga
RedRock
Buyer's Agent
Kelly Taing
eXp Realty of California, Inc.
List Price
$395,000
Sold Price
$440,000
Premium/Discount to List
$45,000
11.39%
Views
510
Current Estimated Value
$500,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,760
Avg. Annual Appreciation
6.64%
Original Mortgage
$32,100
Outstanding Balance
$31,449
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$471,151

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 7, 2023
Sold by
Nelson Brandon T
Bought by
Nelson Aletha
Seller's Agent
John Goga
RedRock
Buyer's Agent
Kelly Taing
eXp Realty of California, Inc.
List Price
$395,000
Sold Price
$440,000
Premium/Discount to List
$45,000
11.39%
Views
510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,100
Outstanding Balance
$31,449
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$471,151

Purchase Details

Closed on
Apr 25, 2001
Sold by
Washburn Luella
Bought by
Living Trust Of Luella Washburn
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
Nelson Aletha $440,000 Stewart Title
Nelson Aletha -- None Listed On Document
Living Trust Of Luella Washburn -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Aletha $32,100
Open Nelson Aletha $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $440,000 +11.4% $358 / Sq Ft
05/30/2023 05/30/23 For Sale $395,000 -- $321 / 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 $4,637 $448,799 $112,201 $336,598
2023 $4,637 $47,422 $6,621 $40,801
2022 $592 $46,493 $6,492 $40,001
2021 $582 $45,582 $6,365 $39,217
2020 $577 $45,115 $6,300 $38,815
2019 $568 $44,231 $6,177 $38,054
2018 $559 $43,364 $6,057 $37,307
2017 $550 $42,515 $5,939 $36,576
2016 $533 $41,682 $5,823 $35,859
2015 $533 $41,058 $5,737 $35,321
2014 $516 $40,256 $5,626 $34,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23094364

California Regional Multiple Listing Service (CRMLS)

APN: 374-142-006