NOT LISTED FOR SALE

120 S Terra Cotta Rd Lake Elsinore, CA 92530

Lake View District Neighborhood

Estimated Value: $547,000 - $579,000

4 Beds
2 Baths
1,486 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $260,000 $175 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,258/month

22 Days on Market

Highlights

  • All Bedrooms Downstairs
  • High Ceiling
  • No HOA
  • Mountain View
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of May 2016

Great opportunity to own in an established neighborhood in Lake Elsinore, north of the lake! Close to main roads and Ortega highway makes this a prime location for commuters. This property sits on a large corner lot with tons of potential. The formal living room has a wood fireplace with vaulted ceilings. The kitchen has granite counters and is open to the family room (or could be used as dining room). The Master bedroom has a connecting bathroom and spacious closet. Two other bedrooms are decent size as well. Guest bathroom has natural sky light and granite counter top. Big backyard just needs some clean up! Mountain views, NO HOA, Low Taxes. Energy efficient with new solar panels!

Last Agent to Sell the Property

David Stites

eHomes License #01772649 Listed on: 01/18/2016

Co-Listed By

Yu Shan Cheng

eHomes License #01922274

Last Buyer's Agent

Craig Goldstein

Tombe Realty License #01803182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1985

Lot Details

  • 9,583 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,486 Sq Ft Home
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 182111
  • Assessor Parcel Number 389344009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,182

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Solar panels
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 389344009
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1486.00
  • Interior Amenities: Granite Counters, High Ceilings
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 174.97
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 27.13
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 182111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2016
Sold by
Seiler Jeanne L
Bought by
Seiler Robert J
Current Estimated Value
$562,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2016
Sold by
Acevedo Norma L
Bought by
Mcmullen Arielle C and Seiler Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2004
Sold by
Acevedo Jesus
Bought by
Acevedo Norma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1994
Sold by
Hud
Bought by
Acevedo Jesus and Acevedo Norma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,454
Interest Rate
8.58%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1994
Sold by
Directors Mtg Loan Corp
Bought by
Hud

Purchase Details

Closed on
Dec 29, 1993
Sold by
Stan Shaw Corp
Bought by
Directors Mtg Loan Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seiler Robert J -- Wfg National Title Company
Mcmullen Arielle C $260,000 Wfg National Title Company
Acevedo Norma L -- Stewart Title Of California
Acevedo Jesus $84,000 World Title
Hud -- United Title Co
Directors Mtg Loan Corp $117,441 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmullen Arielle C $255,290
Previous Owner Acevedo Norma L $175,000
Previous Owner Acevedo Jesus $82,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $260,000 0.0% $175 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $260,000 -- $175 / 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 $3,182 $307,779 $92,332 $215,447
2023 $3,182 $295,830 $88,748 $207,082
2022 $3,082 $290,030 $87,008 $203,022
2021 $3,022 $284,344 $85,302 $199,042
2020 $2,992 $281,430 $84,428 $197,002
2019 $2,935 $275,913 $82,773 $193,140
2018 $2,879 $270,503 $81,151 $189,352
2017 $2,824 $265,200 $79,560 $185,640
2016 $1,622 $151,937 $36,169 $115,768
2015 $1,605 $149,657 $35,627 $114,030
2014 $1,552 $146,728 $34,930 $111,798
Source: Public Records

Agents Affiliated with this Home

  • David Stites

    Seller's Agent in 2016

    David Stites

    eHomes

    (951) 309-8195

    4 in this area

    334 Total Sales

    David Stites
    Section Image
  • Yu Shan Cheng

    Seller Co-Listing Agent in 2016

    Yu Shan Cheng

    eHomes

    (858) 784-1834

    1 in this area

    60 Total Sales

    Yu Shan Cheng
    Section Image

  • C

    Buyer's Agent in 2016

    Craig Goldstein

    Tombe Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16012087

California Regional Multiple Listing Service (CRMLS)

APN: 389-344-009

California Riverside County Lake Elsinore 92530 Lake View District

120 S Terra Cotta Rd, Lake Elsinore, CA

This home is located at 120 S Terra Cotta Rd, Lake Elsinore, CA 92530 since 18 January 2016 and is currently estimated at $562,359, approximately $378 per square foot. This property was built in 1985. 120 S Terra Cotta Rd is a home located in Riverside County with nearby schools including Machado Elementary School, Terra Cotta Middle School, and Lakeside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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