NOT LISTED FOR SALE

145 S Spring St Lake Elsinore, CA 92530

Lake Elsinore Historic District Neighborhood

Estimated Value: $646,000 - $742,000

2 Beds
2 Baths
1,288 Sq Ft
$538/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $440,000 $342 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,097/month

19 Days on Market

Highlights

  • Community Lake
  • Sauna
  • Private Yard
  • Property is near a park
  • Corner Lot
  • 2-minute walk to Swick and Matich Park

About This Home

As of July 2019

MUST SEE!!! THIS PROPERTY LOCATED ON A CORNER LOT PROPERTY FOR INVESTORS OR OWNER OCCUPANT WITH 3 RENTAL STUDIOS BEHIND THE PROPERTY. WALKING DISTANCE TO THE LAKE, WALKING DISTANCE TO THE HISTORICAL DOWNTOWN OF LAKE ELSINORE . CLOSE TO SHOPPING STORES. MAIN UNIT HAS A PORCH AND A FOYER. 2BD, 2BATH. LARGE MASTER BD., KITCHEN. AND A KITCHENETTE. HIGH CEILING LIVING ROOM AREA. I CAR GARAGE. SOLD-AS-IS. NEEDS TLC.

Last Agent to Sell the Property

Lourdes Hao-Skoumpis

Berkshire Hathaway HomeServices California Properties License #01732141 Listed on: 04/17/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lourdes Hao-Skoumpis

Berkshire Hathaway HomeServices California Properties License #01732141 Listed on: 04/17/2019

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,069

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Needs Fence Repair
  • Corner Lot
  • Private Yard
  • Front Yard

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Unpaved Parking
  • On-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 12.3 / 17
  • Assessor Parcel Number 374261010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Community Lake
  • Property is near a preserve or public land

Amenities

  • Sauna

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Electric Expense $13,071
  • Insurance Expense $1,200
  • Trash Expense $338
  • Water Sewer Expense $900
  • New Taxes Expense $771
  • Operating Expense $13,071
  • Gross Income $19,800
  • Net Operating Income $6,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,069

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: CELL
  • Other Phone Number: 951-818-4511
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 374261010
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 341.61
  • Room Type: Foyer, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Unpaved, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 338.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Sauna
  • Senior Community: No
  • Community Features: Biking, Lake, Park, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Park Nearby, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 13071.00
  • Gross Income: 19800.00
  • Gross Operating Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 6729.00
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 13071.00
  • Rent Control: No
  • Total Actual Rent: 18000.00
  • Total Expenses: 13071.00

Tax Info

  • New Taxes Expense: 771.42
  • Tax Block: 17
  • Tax Census Tract: 430.06
  • Tax Lot: 12.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 28, 2019
Sold by
Marquez Sergio
Bought by
Marquez Maricela
Seller's Agent
Lourdes Hao-Skoumpis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lourdes Hao-Skoumpis
Berkshire Hathaway HomeServices California Properties
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Total Days on Market
19
Current Estimated Value
$692,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,604
Avg. Annual Appreciation
7.04%
Original Mortgage
$330,000
Outstanding Balance
$293,836
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$364,413

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 9, 2019
Sold by
Inte Poloni Virginia
Bought by
Marquez Maricela
Seller's Agent
Lourdes Hao-Skoumpis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lourdes Hao-Skoumpis
Berkshire Hathaway HomeServices California Properties
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$293,836
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$364,413

Purchase Details

Closed on
Mar 21, 2006
Sold by
Devine Virginia G
Bought by
Poloni Virginia
Source: Public Records

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Range of Values:

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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
Marquez Maricela -- Landwood Title Company
Marquez Maricela $440,000 Landwood Title
Poloni Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Maricela $330,000
Previous Owner Marquez Maricela $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $440,000 +1.1% $342 / Sq Ft
06/03/2019 06/03/19 For Sale $435,000 0.0% $338 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $435,000 -- $338 / 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
2023 $5,069 $462,516 $78,837 $383,679
2022 $4,911 $453,448 $77,292 $376,156
2021 $4,818 $444,558 $75,777 $368,781
2020 $4,771 $440,000 $75,000 $365,000
2019 $784 $62,022 $11,338 $50,684
2018 $771 $60,807 $11,116 $49,691
2017 $759 $59,616 $10,899 $48,717
2016 $737 $58,448 $10,686 $47,762
2015 $734 $57,572 $10,526 $47,046
2014 $713 $56,446 $10,321 $46,125
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Hao-Skoumpis

    Seller's Agent in 2019

    Lourdes Hao-Skoumpis

    Berkshire Hathaway HomeServices California Properties

    (951) 818-4511

    5 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19086672

California Regional Multiple Listing Service (CRMLS)

APN: 374-261-010

California Riverside County Lake Elsinore 92530 Lake Elsinore Historic District

145 S Spring St, Lake Elsinore, CA

This home is located at 145 S Spring St, Lake Elsinore, CA 92530 since 17 April 2019 and is currently estimated at $692,604, approximately $537 per square foot. This property was built in 1954. 145 S Spring St is a home located in Riverside County with nearby schools including Elsinore Elementary School, Elsinore Middle School, and Temescal Canyon 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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