NOT LISTED FOR SALE

Estimated Value: $540,000 - $701,000

3 Beds
2 Baths
1,227 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $365,000 $297 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,650/month

29 Days on Market

Highlights

  • Horse Property
  • No HOA
  • Views
  • 57,935 Sq Ft lot
  • 2 Car Attached Garage
  • Central Air

About This Home

As of August 2016

Rare 1.33 Acre Lot Zoned for Horses if Desired, Beautiful & Private Single Story Remodeled Ranch Home, Light & Bright Throughout, A Spotless Kitchen with Granite & Upgraded Stainless Steele Appliances,Low Maintenance Flooring, Updated Bathrooms. Walking distance to the Beaches, Parks, Picnic Areas, Walking Trails & the Grammar Schools, NO HOA or MelloRoos. The Yard Features Mature Fruit & Nut Bearing Trees, Sprinkler System, a Covered Garden Center as well as a Large workshop. The long driveway has room for Boat parking, SeaDoo/Dirt Bike trailer and is even large enough to accommodate an RV or you can feel free to pull it to the rear of the property through the RV Side Gate. The home is in the Beautiful Lakeside Resort Community of Lake Elsinore which features just about every extreme outdoor sport and popular Southern California activity you can think of from MotoX, to Skydiving, To Power Boat Races, To a Casino and our very own Baseball Stadium.

Last Agent to Sell the Property

Paige White

Realty Source, Inc License #01704274 Listed on: 06/09/2016

Last Buyer's Agent

MORGAN JUST

Compass License #01995013

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 1983

Lot Details

  • 1.33

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,227 Sq Ft Home
  • Family Room with Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Conventional Septic

Additional Features

  • Horse Property
  • 1.33 Acre Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 430
  • Assessor Parcel Number 387324003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,901

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 7605059977
  • Other Phone Number: 7605059977
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 387324003
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1227.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 297.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 57935.00
  • Price Per Lot Square Foot: 6.30

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 47
  • Tax Tract Number: 430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 12, 2016
Sold by
Hansen Lyn
Bought by
Sorensen Richard
Seller's Agent
Paige White
Realty Source, Inc
Buyer's Agent
MORGAN JUST
Compass
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%
Current Estimated Value
$608,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,404
Avg. Annual Appreciation
5.73%
Original Mortgage
$358,388
Outstanding Balance
$286,082
Interest Rate
3.41%
Mortgage Type
FHA
Estimated Equity
$319,371

Purchase Details

Listed on
Aug 13, 2014
Closed on
Sep 9, 2014
Sold by
Ht Properties Llc
Bought by
Hansen Lyn
Seller's Agent
Cassandra Borja
Coldwell Banker Realty
Buyer's Agent
Misty Cochren
Abundance Real Estate
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$330,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Apr 15, 2014
Sold by
Brown Kathleen S
Bought by
Ht Properties Llc
Seller's Agent
Corinne Berge
Realty ONE Group Southwest
Buyer's Agent
Cassandra Borja
Coldwell Banker Realty
List Price
$225,000
Sold Price
$232,000
Premium/Discount to List
$7,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.92%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Tucker Thomas
Bought by
Brown Tucker Carolyn Sue

Purchase Details

Closed on
Oct 20, 2013
Sold by
Brown James H and Brown Kathleen S
Bought by
Brown James H and Brown Kathleen S
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
Sorensen Richard $365,000 Title 365
Hansen Lyn $330,000 Fidelity National Title Co
Ht Properties Llc $232,000 None Available
Brown Kathleen S -- Fnt Ie
Brown Tucker Carolyn Sue -- None Available
Brown James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Richard $12,472
Open Sorensen Richard $92,929
Open Sorensen Richard $358,388
Previous Owner Hansen Lyn $330,000
Previous Owner Weber William R $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $365,000 0.0% $297 / Sq Ft
06/27/2016 06/27/16 Price Changed $365,000 -1.4% $297 / Sq Ft
06/09/2016 06/09/16 For Sale $370,000 +12.1% $302 / Sq Ft
09/23/2014 09/23/14 Sold $330,000 -8.1% $269 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $359,000 +54.7% $293 / Sq Ft
04/18/2014 04/18/14 Sold $232,000 0.0% $189 / Sq Ft
03/12/2014 03/12/14 Off Market $232,000 -- --
02/10/2014 02/10/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $225,000 -- $183 / 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 $4,901 $423,609 $116,056 $307,553
2023 $4,901 $407,161 $111,550 $295,611
2022 $4,475 $399,178 $109,363 $289,815
2021 $4,070 $391,352 $107,219 $284,133
2020 $4,028 $387,340 $106,120 $281,220
2019 $3,949 $379,746 $104,040 $275,706
2018 $3,872 $372,300 $102,000 $270,300
2017 $3,797 $365,000 $100,000 $265,000
2016 $3,423 $335,032 $101,525 $233,507
2015 $3,380 $330,000 $100,000 $230,000
2014 $1,487 $145,648 $37,161 $108,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16124438

California Regional Multiple Listing Service (CRMLS)

APN: 387-324-003