NOT LISTED FOR SALE

1495 Morro Way Lake Elsinore, CA 92530

Lake Edge Neighborhood

Estimated Value: $420,883 - $473,000

3 Beds
2 Baths
1,155 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $118,500 $103 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $2,451/month

76 Days on Market

About This Home

As of March 2012

COME QUICK AND SEE THIS ADORABLE SINGLE STORY HOME LOCATED IN A QUIET AREA IN THE HEART OF LAKE ELSINORE. BUILT IN 1979, 3 BEDROOMS, 2 BATHROOM, LARGE LOT AND MUCH MORE. HURRY TO SEE THIS HOME, IT WILL SELL FAST.

Last Agent to Sell the Property

Bob Hellman

Casa Bella Properties License #01217162 Listed on: 12/06/2011

Last Buyer's Agent

Nelson Rodriguez

Park Regency Realty License #01353567

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1979

Lot Details

  • 6,098

Home Design

  • 1,155 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 11048
  • Assessor Parcel Number 381331003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 381331003
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1155.00
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 102.60

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 11048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Morssaei Soheyla
Bought by
Morssaei Soheyla and The Soheyla Morssaei Living Tr
Current Estimated Value
$442,971

Purchase Details

Listed on
Dec 6, 2011
Closed on
Feb 22, 2012
Sold by
Aurora Loan Services Llc
Bought by
Morssaei Soheyla
Seller's Agent
Bob Hellman
Casa Bella Properties
Buyer's Agent
Nelson Rodriguez
Park Regency Realty
List Price
$114,900
Sold Price
$118,500
Premium/Discount to List
$3,600
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$88,875
Outstanding Balance
$60,742
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$382,229

Purchase Details

Closed on
Oct 14, 2011
Sold by
Ruiz Francisco M and Ruiz Michele L
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 26, 2001
Sold by
Ruiz Francisco M and Ruiz Michele L
Bought by
Ruiz Francisco M and Ruiz Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.06%

Purchase Details

Closed on
May 21, 1999
Sold by
Federal National Mortgage Association
Bought by
Ruiz Francisco M and Ruiz Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,378
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1999
Sold by
Gill Ronald Anthony and Gill Teresa A
Bought by
Federal National Mortgage Association
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
Morssaei Soheyla -- None Available
Morssaei Soheyla $118,500 None Available
Aurora Loan Services Llc $81,000 Accommodation
Ruiz Francisco M -- Stewart Title
Ruiz Francisco M $76,000 Commonwealth Land Title Co
Federal National Mortgage Association $49,340 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morssaei Soheyla $88,875
Previous Owner Ruiz Francisco M $94,400
Previous Owner Ruiz Francisco M $75,378
Closed Ruiz Francisco M $105,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2012 03/27/12 Sold $118,500 +3.1% $103 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $114,900 -3.0% $99 / Sq Ft
01/05/2012 01/05/12 Off Market $118,500 -- --
12/06/2011 12/06/11 For Sale $114,900 -- $99 / 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 $1,579 $148,825 $37,675 $111,150
2023 $1,579 $143,048 $36,213 $106,835
2022 $1,530 $140,244 $35,503 $104,741
2021 $1,501 $137,495 $34,807 $102,688
2020 $1,487 $136,087 $34,451 $101,636
2019 $1,459 $133,420 $33,776 $99,644
2018 $1,432 $130,805 $33,114 $97,691
2017 $1,406 $128,241 $32,465 $95,776
2016 $1,356 $125,728 $31,829 $93,899
2015 $1,656 $123,841 $31,351 $92,490
2014 $1,609 $121,417 $30,738 $90,679
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bob Hellman

    Casa Bella Properties

    Section Image
  • Nelson Rodriguez

    Buyer's Agent in 2012

    Nelson Rodriguez

    Park Regency Realty

    (818) 363-6116

    22 Total Sales

    Nelson Rodriguez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T11157014

California Regional Multiple Listing Service (CRMLS)

APN: 381-331-003

California Riverside County Lake Elsinore 92530 Lake Edge

1495 Morro Way, Lake Elsinore, CA

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