Seller's Agent in 2021
Misty Cochren
Abundance Real Estate
(951) 457-3411
11 in this area
147 Total Sales
15028 Valencia Way Lake Elsinore, CA 92530
Lake View District NeighborhoodEstimated Value: $652,000 - $683,000
5
Beds
3
Baths
2,247
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Private Yard
- Lake View
- Main Floor Bedroom
- No HOA
About This Home
As of May 2021Location! Location! One of Lake Elsinore's hidden gems, this Adorable 2 story home located in the North Lake Elsinore community of Lake Terrace. This open and spacious 5 bedroom, 3 full bath home features tile flooring throughout the first floor, high ceilings, and recessed lighting. This home truly has IT ALL, formal living room with a gorgeous brick fireplace, formal dining room, large eat in kitchen with tons of cabinet and counter space that look into the family room. Natural light radiating throughout the home, stainless steel appliances. There is 1 bedroom and bathroom conveniently located downstairs for friends and family. Upstairs you will find 3 spacious bedrooms and an additional bathroom along with the spacious master bedroom is located on the opposite wing of the 2nd floor. The master bathroom features dual sinks, jacuzzi tub, walk in shower and very own private balcony to sit and enjoy the summer evenings. The backyard is fully landscaped with a firepit and wood patio cover to sit around and enjoy the cool California nights. Enjoy the peace and beauty in your own private outdoor oasis. The 3 car garage is generously sized with one of the stalls being a pass through garage right into the back yard for your boat or toys, which allows for extra storage as well. Located within minutes of one of the best elementary schools in Lake Elsinore, Rice Canyon. Close to shopping, schools, easy access to the 15 freeways. Very low taxes and No HOA!
Last Agent to Sell the Property
Abundance Real Estate License #01946178 Listed on: 04/01/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,008
Year Built
- Built in 1989
Lot Details
- 7,405 Sq Ft Lot
- Fenced
- Fence is in average condition
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Lake
- Mountain
- Hills
Home Design
- Turnkey
Interior Spaces
- 2,247 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Window Screens
- Sliding Doors
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Storage
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Upgraded Bathroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Location
- Suburban Location
Schools
- Rice Canyon Elementary School
- Terra Cotta Middle School
- Lakeside High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 58
- Tax Tract Number 187192
- Assessor Parcel Number 389393010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2021
Closed on
Apr 9, 2021
Sold by
Gates Thomas Armstrong and Gates Wendy Cheryl
Bought by
Meraz Alfredo and Meraz Efrain
Seller's Agent
Misty Cochren
Abundance Real Estate
Buyer's Agent
Hugo Contreras
HC Realty Group
List Price
$499,999
Sold Price
$540,000
Premium/Discount to List
$40,001
8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,775
Avg. Annual Appreciation
4.99%
Original Mortgage
$513,000
Outstanding Balance
$463,917
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$206,858
Purchase Details
Closed on
Apr 22, 2019
Sold by
George Grant Norman
Bought by
Gates Thomas Armstrong and Gates Wendy Cheryl
Purchase Details
Closed on
Sep 2, 2009
Sold by
Gates Thomas Armstrong and Gates Wendy Cheryl
Bought by
Gates Thomas Armstrong and Gates Wendy Cheryl
Purchase Details
Closed on
Dec 30, 2002
Sold by
Gates Wendy Cheryl
Bought by
Gates Thomas Armstrong and Gates Wendy Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.86%
Purchase Details
Closed on
Nov 8, 2002
Sold by
Gates Thomas Armstrong
Bought by
Gates Wendy Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.86%
Purchase Details
Closed on
Jul 21, 1997
Sold by
Ward Jeffrey M and Ward Karen L
Bought by
Gates Thomas Armstrong and Gates Wendy Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
7.61%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meraz Alfredo | $540,000 | First American Title Company | |
| Gates Thomas Armstrong | -- | None Available | |
| Gates Thomas Armstrong | -- | None Available | |
| Gates Thomas Armstrong | -- | -- | |
| Gates Wendy Cheryl | -- | First American Title Co | |
| Gates Thomas Armstrong | $132,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meraz Alfredo | $513,000 | |
| Previous Owner | Gates Wendy Cheryl | $141,000 | |
| Previous Owner | Gates Thomas Armstrong | $125,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $540,000 | +8.0% | $240 / Sq Ft |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $499,999 | -- | $223 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,008 | $584,511 | $108,242 | $476,269 |
| 2023 | $6,008 | $561,816 | $104,040 | $457,776 |
| 2022 | $5,817 | $550,800 | $102,000 | $448,800 |
| 2021 | $3,150 | $293,349 | $95,611 | $197,738 |
| 2020 | $3,119 | $290,342 | $94,631 | $195,711 |
| 2019 | $2,312 | $212,487 | $51,670 | $160,817 |
| 2018 | $2,269 | $208,321 | $50,658 | $157,663 |
| 2017 | $2,227 | $204,237 | $49,665 | $154,572 |
| 2016 | $2,147 | $200,234 | $48,692 | $151,542 |
| 2015 | $2,123 | $197,228 | $47,961 | $149,267 |
| 2014 | $2,054 | $193,366 | $47,022 | $146,344 |
Source: Public Records
Agents Affiliated with this Home
-
Misty Cochren
-
Hugo Contreras
Buyer's Agent in 2021
Hugo Contreras
HC Realty Group
(562) 413-3810
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW21065999
APN: 389-393-010
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