NOT LISTED FOR SALE

Estimated Value: $514,000 - $573,000

3 Beds
2.5 Baths
1,442 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $460,000 $319 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,383/month

10 Days on Market

Highlights

  • Fishing
  • Lake View
  • Community Lake
  • RV Access or Parking
  • Open Floorplan
  • High Ceiling

About This Home

As of August 2021

This 3 bedroom, 2 1/2 bath home in Lake Elsinore is 5 minutes from Launch Point Recreation Destination and conveniently located near Ortega Hwy 74, and the 215 and 15 freeways. Tiled 1st floor and carpeted stairs and 2nd floor bedrooms. Master bedroom has balcony with beautiful lake view. Yard has block wall in courtyard adding privacy and charm for a park like setting. Home needs a little TLC. Investors welcome.

Last Agent to Sell the Property

EMILY PAPAVERO

SHELL PROPERTIES License #02105183 Listed on: 07/16/2021

Last Buyer's Agent

Valerie Voss

eXp Realty of California Inc. License #02087009

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1995

Lot Details

  • 5,663 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Sprinkler System
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Cosmetic Repairs Needed
  • Slate Roof

Interior Spaces

  • 1,442 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Lake Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Whole House Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 193
  • Assessor Parcel Number 386184004

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,914

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove/Oven
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: TR 19358-3
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 386184004
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1442.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 319.00
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Lake
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Lake, Park, Sidewalks, Street Lights

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 464.01
  • Tax Lot: 38
  • Tax Tract: 005062
  • Tax Tract Number: 193...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 29, 2021
Sold by
Olsen Arne Ray
Bought by
Sera Melanie Manaois and Beermann Jason
Seller's Agent
EMILY PAPAVERO
SHELL PROPERTIES
Buyer's Agent
Valerie Voss
eXp Realty of California Inc.
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%
Current Estimated Value
$546,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,731
Avg. Annual Appreciation
4.39%
Original Mortgage
$451,668
Outstanding Balance
$410,984
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$135,747

Purchase Details

Closed on
Feb 13, 1996
Sold by
Shannon/Lake Elsinore Inc
Bought by
Olsen Arne Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,760
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Sera Melanie Manaois $460,000 Ticor Title Riverside
Olsen Arne Ray $120,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sera Melanie Manaois $451,668
Previous Owner Olsen Arne Ray $208,675
Previous Owner Olsen Arne Ray $70,000
Previous Owner Olsen Arne Ray $239,000
Previous Owner Olsen Arne Ray $59,000
Previous Owner Olsen Arne Ray $164,400
Previous Owner Olsen Arne Ray $32,000
Previous Owner Olsen Arne Ray $118,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $460,000 +8.2% $319 / Sq Ft
07/16/2021 07/16/21 For Sale $425,000 -- $295 / 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 $4,914 $488,155 $79,590 $408,565
2023 $4,914 $469,200 $76,500 $392,700
2022 $4,754 $460,000 $75,000 $385,000
2021 $1,891 $183,678 $38,351 $145,327
2020 $1,872 $181,795 $37,958 $143,837
2019 $1,835 $178,231 $37,214 $141,017
2018 $1,799 $174,737 $36,485 $138,252
2017 $1,763 $171,312 $35,770 $135,542
2016 $1,698 $167,954 $35,069 $132,885
2015 $1,678 $165,434 $34,544 $130,890
2014 $1,620 $162,195 $33,868 $128,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21156561

California Regional Multiple Listing Service (CRMLS)

APN: 386-184-004