15116 Teakwood St Lake Elsinore, CA 92530
Lake View District Neighborhood
4
Beds
2.5
Baths
1,901
Sq Ft
7,405
Sq Ft Lot
Highlights
- Mountain View
- No HOA
- Living Room
- Lawn
- 3 Car Attached Garage
- Laundry Room
About This Home
As of November 2024Check out this fantastic opportunity to this beautiful 4 bedroom, 2.5 bathroom home located in Lake Elsinore's north end close to schools, shopping and I-15 access. This home features an open floor plan with large bedrooms, 2 full bathrooms plus a downstairs powder room and a large laundry room, spacious backyard and large front lawn with spectacular views of Lake Elsinore! This property also features gated RV parking and potential for RV parking on the other side of the home as well AND a massive 3 car garage! The current owner has recently repainted the entire home, installed brand new carpeting, new front and backyard landscaping. The bathrooms have been updated, all windows have brand new blinds and the kitchen counter tops were updated recently as well. This home has been tastefully updated and is 100% move-in ready! No HOA and very low taxes make this home an affordable option as well. Hurry, this lovely home will not last.
Last Agent to Sell the Property
McDermott Realty Group Brokerage Phone: 951-314-1856 License #01744537 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,051
Year Built
- Built in 1998
Lot Details
- 7,405 Sq Ft Lot
- Sprinkler System
- Lawn
- Back and Front Yard
Parking
- 3 Car Attached Garage
Property Views
- Mountain
- Neighborhood
Interior Spaces
- 1,901 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 23988
- Assessor Parcel Number 387492023
- $237 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Nov 26, 2024
Sold by
Galicia Monica Cruz
Bought by
Botello Johny Flores
Seller's Agent
Joseph McDermott
McDermott Realty Group
Buyer's Agent
Sarah Helstrom
HomeSmart Realty West
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
48
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
$12,809
Avg. Annual Appreciation
3.13%
Original Mortgage
$432,000
Outstanding Balance
$428,367
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$179,442
Purchase Details
Listed on
Oct 3, 2024
Closed on
Oct 29, 2024
Sold by
Warren Cynthia C and Bay Cynthia C
Bought by
Botello Johny Flores
Seller's Agent
Joseph McDermott
McDermott Realty Group
Buyer's Agent
Sarah Helstrom
HomeSmart Realty West
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$428,367
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$179,442
Purchase Details
Closed on
Apr 26, 2004
Sold by
Soderman Gregory Dean
Bought by
Bay Jon and Warren Cynthia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 1998
Sold by
888 Dev Co Of Lake Elsinore
Bought by
Thomas Helen K and The Helen Thomas Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.79%
Similar Homes in Lake Elsinore, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $595,000 | Chicago Title | |
| Grant Deed | $382,000 | First American Title Co | |
| Grant Deed | $145,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,000 | New Conventional | |
| Previous Owner | $325,000 | Purchase Money Mortgage | |
| Previous Owner | $190,400 | Unknown | |
| Previous Owner | $47,600 | Stand Alone Second | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $595,000 | -0.7% | $313 / Sq Ft |
| 10/24/2024 10/24/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $599,000 | -- | $315 / 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 | $6,051 | $595,000 | $178,500 | $416,500 |
| 2023 | $6,051 | $522,011 | $109,313 | $412,698 |
| 2022 | $5,711 | $511,776 | $107,170 | $404,606 |
| 2021 | $4,749 | $451,104 | $94,780 | $356,324 |
| 2020 | $4,249 | $402,771 | $84,625 | $318,146 |
| 2019 | $5,451 | $391,040 | $82,160 | $308,880 |
| 2018 | $5,158 | $376,000 | $79,000 | $297,000 |
| 2017 | $4,785 | $340,000 | $71,000 | $269,000 |
| 2016 | $4,497 | $318,000 | $67,000 | $251,000 |
| 2015 | $4,230 | $291,000 | $61,000 | $230,000 |
| 2014 | $4,377 | $264,000 | $55,000 | $209,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Joseph McDermott
McDermott Realty Group
(951) 338-6830
2 in this area
138 Total Sales
-
S
Buyer's Agent in 2024
Sarah Helstrom
HomeSmart Realty West
(760) 429-8236
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24205254
APN: 387-492-023
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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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