
15242 Lake Terrace Dr Lake Elsinore, CA 92530
Lake View Sphere NeighborhoodEstimated payment $2,926/month
Highlights
- Very Popular Property
- Updated Kitchen
- Green Roof
- Lake View
- Open Floorplan
- Traditional Architecture
About This Home
Beautifully Remodeled 3-Bed, 2-Bath Home in Lake Elsinore!
This stunning Lake Elsinore gem has been completely renovated inside and out. Enjoy fresh new interior and exterior paint, a brand-new chef-inspired kitchen featuring hardwood shaker cabinets with soft-close doors, quartz countertops and backsplash, stainless steel appliances, a deep basin sink, and stylish matte black fixtures. The home boasts new carpet and luxury vinyl plank flooring throughout, along with upgraded bathroom vanities, modern mirrors, updated lighting, and reglazed tubs/showers. The formal living and dining areas feature a remodeled fireplace, perfect for entertaining. The spacious tv/living room offers direct access to the kitchen and opens to the backyard through a sliding glass door. Step outside to your private patio with fresh landscaping and a newly installed rear fence—no neighbors behind you and gorgeous lake views to enjoy. Additional upgrades include a new roof, window blinds, ceiling fans, light fixtures, an updated irrigation system, and more. The two-car garage includes laundry hookups for added convenience. With low taxes, no HOA, and no solar lease to assume, this move-in-ready home is minutes from schools, shopping, and the lake. Don’t miss this opportunity!
Listing Agent
Century 21 Affiliated Brokerage Phone: 951-775-6558 License #01750576 Listed on: 09/02/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,705
Year Built
- Built in 1980
Lot Details
- 7,405 Sq Ft Lot
- Wood Fence
- Drip System Landscaping
- Front and Back Yard Sprinklers
- Property is zoned R-3
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Lake
- City Lights
- Mountain
Home Design
- Traditional Architecture
- Turnkey
- Planned Development
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,442 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Remodeled Bathroom
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Low Flow Toliet
- Bathtub with Shower
- Low Flow Shower
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Green Roof
- Energy-Efficient Appliances
- Energy-Efficient Lighting
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Schools
- Elsinore Elementary School
- Terra Cotta Middle School
- Lakeside High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 37
- Tax Tract Number 10706
- Assessor Parcel Number 387081011
- $13 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,705 | $167,787 | $51,624 | $116,163 |
2023 | $1,705 | $161,273 | $49,620 | $111,653 |
2022 | $1,651 | $158,112 | $48,648 | $109,464 |
2021 | $1,618 | $155,013 | $47,695 | $107,318 |
2020 | $1,602 | $153,424 | $47,206 | $106,218 |
2019 | $1,571 | $150,417 | $46,281 | $104,136 |
2018 | $1,540 | $147,469 | $45,374 | $102,095 |
2017 | $1,510 | $144,579 | $44,485 | $100,094 |
2016 | $1,454 | $141,745 | $43,613 | $98,132 |
2015 | $1,439 | $139,618 | $42,959 | $96,659 |
2014 | $1,395 | $136,884 | $42,118 | $94,766 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2025 09/02/25 | For Sale | $515,000 | 0.0% | $357 / Sq Ft |
07/15/2013 07/15/13 | Rented | $1,400 | 0.0% | -- |
07/11/2013 07/11/13 | Under Contract | -- | -- | -- |
06/07/2013 06/07/13 | For Rent | $1,400 | +7.7% | -- |
06/15/2012 06/15/12 | Rented | $1,300 | -7.1% | -- |
06/09/2012 06/09/12 | Under Contract | -- | -- | -- |
06/01/2012 06/01/12 | Rented | $1,400 | +7.7% | -- |
06/01/2012 06/01/12 | For Rent | $1,300 | -3.7% | -- |
05/29/2012 05/29/12 | Under Contract | -- | -- | -- |
03/21/2012 03/21/12 | For Rent | $1,350 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Grant Deed | $130,000 | Ticor Title | |
Trustee Deed | $90,000 | None Available | |
Grant Deed | $245,000 | Stewart Title Of California | |
Interfamily Deed Transfer | -- | Ati Title | |
Interfamily Deed Transfer | -- | First American Title Ins Co | |
Grant Deed | $99,500 | First American Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $78,000 | New Conventional | |
Previous Owner | $40,000 | Credit Line Revolving | |
Previous Owner | $41,000 | Credit Line Revolving | |
Previous Owner | $268,000 | Unknown | |
Previous Owner | $196,000 | Purchase Money Mortgage | |
Previous Owner | $35,000 | Stand Alone Second | |
Previous Owner | $97,442 | FHA | |
Previous Owner | $29,000 | Purchase Money Mortgage | |
Previous Owner | $99,192 | FHA | |
Closed | $49,000 | No Value Available |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25196248

APN: 387-081-011
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