NOT LISTED FOR SALE

Estimated Value: $552,000 - $910,000

1 Bed
1 Bath
400 Sq Ft
$1,699/Sq Ft Est. Value

Highlights

  • No Units Above
  • No HOA
  • Wall Furnace
  • Property is near a park
  • Paved or Partially Paved Lot

About This Home

As of October 2014

Great one bed one bath apartment home offers clean carpet and fresh paint throughout. Bright dual pane windows with 2" faux wood blinds. Features a cozy breakfast nook! Located in the heart of downtown Lake Elsinore. Ideal location for commuters, located only four blocks from the 15 freeway and public transportation within walking distance. This is a great deal so don't let it pass you up. Call today to see this home!

Last Agent to Rent the Property

Adam Clarke

Access Asset Management Inc License #01721442 Listed on: 07/21/2014

Last Renter's Agent

Alice Kosmata

Access Asset Management Inc License #01789540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1970

Lot Details

  • 6,951 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • 400 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $645
  • Rent includes water, electricity, gas, trash collection
  • 12-Month Minimum Lease Term
  • Tax Lot 4
  • Assessor Parcel Number 373023009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,527

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report, Security Deposit, 1ST Month Rent
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 645
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 373023009
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 400.00
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 1.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Near Public Transit, Park Nearby, Paved
  • Lot Size Sq Ft: 6951.00
  • Lot Size Acres: 0.1600

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6951.0000 Square Feet
  • Management Co: Access Asset Management
  • Management Co Phone: 951-230-3390
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Water, Electricity, Gas, Trash Collection

Tax Info

  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Leitchnitz Leonard
Bought by
Santiago Alexander N and Santiago Maria Elena
Current Estimated Value
$604,992

Purchase Details

Closed on
Feb 6, 2012
Sold by
Perrone Michael A
Bought by
Leichnitz Leonard

Purchase Details

Closed on
Nov 21, 2002
Sold by
Bylthe Family Trust
Bought by
Perrone Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2002
Sold by
Blythe Family Trust
Bought by
Saxton David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 30, 2001
Sold by
Saxton Mel D and Saxton Joan
Bought by
Saxton David J
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
Santiago Alexander N $370,000 First American Title Company
Leichnitz Leonard $140,000 Stewart Title Of Ca Fnt Sb
Perrone Michael A $120,000 North American Title Co
Saxton David J -- --
Blythe Family Trust -- --
Saxton David J -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrone Michael A $255,500
Previous Owner Perrone Michael A $150,000
Previous Owner Blythe Family Trust $70,000
Previous Owner Perrone Michael A $96,000
Previous Owner Blythe Family Trust $70,000
Previous Owner Blythe Family Trust $50,000
Closed Perrone Michael A $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Rented $645 -7.2% --
09/17/2014 09/17/14 Under Contract -- -- --
07/21/2014 07/21/14 For Rent $695 +16.8% --
04/27/2013 04/27/13 Rented $595 -14.4% --
04/27/2013 04/27/13 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $695 -- --
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 $4,527 $420,990 $91,023 $329,967
2023 $4,527 $404,645 $87,490 $317,155
2022 $4,389 $396,712 $85,775 $310,937
2021 $4,308 $388,935 $84,094 $304,841
2020 $4,266 $384,948 $83,232 $301,716
2019 $4,188 $377,400 $81,600 $295,800
2018 $4,112 $370,000 $80,000 $290,000
2017 $1,849 $151,512 $43,288 $108,224
2016 $1,790 $148,542 $42,440 $106,102
2015 $1,775 $146,312 $41,803 $104,509
2014 $1,722 $143,448 $40,985 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14154506

California Regional Multiple Listing Service (CRMLS)

APN: 373-023-009