NOT LISTED FOR SALE

Estimated Value: $426,000

0.26 Acre
$1,638,462 Price per Acre
11,326 Sq Ft Lot

Last Sold July 06, 2013

Last sale price $31,000

Est. 1,274% increase in value since last sale

Current estimated payment $2,316/month

211 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Swick and Matich Park
  • Chain Link Fence

About This Lot

As of July 2013

2 Lots in the heart of Downtown Lake Elsinore, zoned as Mix Use, completely fenced in, Spring Street Frontage with utilities. Combined dimensions of Lot 4 and 5 is 75' x 158' approximately and the APN #'s are #374261021 & 374261022 . New zoning is "Mixed Use." This is a must see property with great potential.

Last Agent to Sell the Property

Edward Moore

NON-MEMBER/NBA or BTERM OFFICE License #01840258 Listed on: 05/21/2012

Last Buyer's Agent

Edward Moore

NON-MEMBER/NBA or BTERM OFFICE License #01840258 Listed on: 05/21/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $664

Year Built

  • 1960

Lot Details

  • 0.26 Acre Lot
  • Property fronts an alley
  • Chain Link Fence
  • Level Lot
  • Property is zoned Mix

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4, 5 / 17
  • Assessor Parcel Number 374261022

Property Details

Property Type

Land

Est. Annual Taxes

$664

Year Built

1960

Lot Details

0

Listing Details

  • Inclusions: Lots 4 & 5 and of course, the chain linked fence that enclosed the perimeter of the property.
  • Current Use Comments: Vacant Lots
  • Possible Use Comments: Mix Use. Public Institution, other ... For Specifics, please research with the City of Lake Elsinore Planning Department.
  • Road Frontage Type: Alley
  • View: No
  • Water Body Name: Western
  • Zoning: Mix
  • Property Type: Land
  • Parcel Number: 374261022
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1960

Interior Features

  • Price Per Square Foot: 2.74

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Trees: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Current Geological: No
  • Lot Features: Level
  • Lot Size: 75.6 by 150
  • Lot Size Sq Ft: 11330.00
  • Usable Land Percent: 100
  • Lot Size Acres: 0.2600

Multi Family

  • Lot Size Area: 11330.0000 Square Feet

Tax Info

  • Tax Area: 5017
  • Tax Block: 17
  • Tax Lot: 4, 5
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2023
Sold by
Morrow John Thomas
Bought by
Morrow
Total Days on Market
211
Current Estimated Value
$426,000

Purchase Details

Closed on
May 22, 2023
Sold by
John T Morrow Trust
Bought by
Morrow Mark T

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 18, 2013
Sold by
Conway Vinette and Brown Scott
Bought by
Morrow Mark T and Morow John T
Seller's Agent
Edward Moore
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Edward Moore
NON-MEMBER/NBA or BTERM OFFICE
List Price
$60,500
Sold Price
$31,000
Premium/Discount to List
-$29,500
-48.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.88%

Purchase Details

Closed on
Oct 6, 2009
Sold by
Richter Steven
Bought by
Conway Vinette and Brown Scott

Purchase Details

Closed on
Jan 13, 2009
Sold by
Richter Steven
Bought by
Conway Vinette and Brown Scott

Purchase Details

Closed on
Mar 3, 2006
Sold by
Richter Steven
Bought by
Zander William E and Zander Lisa C

Purchase Details

Closed on
Dec 19, 2002
Sold by
Conway Vinette
Bought by
Brown Elizabeth J and The Elizabeth J Brown Survivors Trust
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
Morrow Mark T -- None Listed On Document
Morrow Mark T $31,000 First American Title Company
Conway Vinette -- None Available
Zander William E $800,000 Stewart Title Guaranty
Brown Elizabeth J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2013 07/06/13 Sold $31,000 -48.8% --
12/18/2012 12/18/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $60,500 -- --
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
2023 $664 $18,846 $18,846 $0
2022 $216 $18,477 $18,477 $0
2021 $212 $18,115 $18,115 $0
2020 $210 $17,930 $17,930 $0
2019 $207 $17,579 $17,579 $0
2018 $203 $17,235 $17,235 $0
2017 $199 $16,898 $16,898 $0
2016 $193 $16,567 $16,567 $0
2015 $190 $16,319 $16,319 $0
2014 $185 $16,000 $16,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12064971

California Regional Multiple Listing Service (CRMLS)

APN: 374-261-021