NOT LISTED FOR SALE

16377 Lakeshore Dr Unit 5B Lake Elsinore, CA 92530

Lake View District Neighborhood

Estimated Value: $266,000 - $305,173

2 Beds
2 Baths
791 Sq Ft
$238/mo HOA Fee

Last Sold December 21, 2021

Last sale price $229,995 $291 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,036/month

74 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Neighborhood Views
  • Spa
  • Community Lake
  • Controlled Access

About This Home

As of December 2021

Gated community Lido at Lakeshore, 2-bedroom 2 bath condo. Comes with single car detached garage and assigned parking spot. Plenty of overflow parking available. Upstairs unit, with community pool and spa, close to Lake, shopping, freeways and schools.

Last Agent to Sell the Property

Scott Farnam

FARNAM & ASSOCIATES REAL ESTATE License #01332087 Listed on: 08/12/2021

Last Buyer's Agent

Richard Knapp

Coldwell Banker Realty License #01144792

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1990

Lot Details

  • 832

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 791 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Spa
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23000
  • Assessor Parcel Number 379251021
  • $47 per year additional tax assessments

Community Details

Overview

  • 56 Units
  • Lido Association, Phone Number (951) 354-5365
  • Cannon HOA
  • Maintained Community
  • Community Lake

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Fishing
  • Water Sports

Pet Policy

  • Pet Restriction

Additional Features

  • Community Barbecue Grill
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,509

Year Built

Built in 1990

Lot Details

0

HOA Fees

$238 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 379251021
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 791.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 290.76
  • Room Type: All Bedrooms Up, Kitchen, Laundry
  • Spa Features: Association, Community

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Maintenance Grounds, Trash, Pet Rules, Controlled Access
  • Association Fee: 238.00
  • Association Fee Frequency: Monthly
  • Association Name: LIDO
  • Phone: 951-354-5365
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Golf, Lake, Watersports, Sidewalks
  • Association Management: CANNON

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 830.00
  • Lot Size Acres: 0.0191

Multi Family

  • Lease Considered: No
  • Lot Size Area: 830.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 430.05
  • Tax Lot: 1
  • Tax Tract Number: 23000
  • TaxOtherAnnualAssessmentAmount: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 5, 2021
Sold by
Ghani Sohila
Bought by
Ghani Mohammad Yaub
Seller's Agent
Scott Farnam
FARNAM & ASSOCIATES REAL ESTATE
Buyer's Agent
Richard Knapp
Coldwell Banker Realty
List Price
$229,995
Sold Price
$229,995
Current Estimated Value
$293,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,798
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 29, 2021
Sold by
Salam Abdul and Salam Naheed
Bought by
Ghani Mohammad Yaqub
Seller's Agent
Scott Farnam
FARNAM & ASSOCIATES REAL ESTATE
Buyer's Agent
Richard Knapp
Coldwell Banker Realty
List Price
$229,995
Sold Price
$229,995

Purchase Details

Closed on
Oct 29, 2014
Sold by
Salam Abdul and Salam Naheed
Bought by
Abdul & Naheed Salam Revocable Trust

Purchase Details

Closed on
Jul 8, 2009
Sold by
Fdic
Bought by
Salam Abdul and Salam Naheed

Purchase Details

Closed on
Mar 17, 2009
Sold by
Sadeghi Sassan
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Sep 9, 2008
Sold by
Sadeghi Sassan
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Aug 12, 2005
Sold by
Lakeshore Condominiums Lp
Bought by
Sadeghi Sassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.5%
Mortgage Type
Unknown
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
Ghani Mohammad Yaub -- Ticor Title Company
Ghani Mohammad Yaqub $230,000 Ticor Title Company
Abdul & Naheed Salam Revocable Trust -- None Available
Salam Abdul $46,000 Chicago Title Company
Indymac Bank Fsb $91,797 None Available
Indymac Bank Fsb $91,797 None Available
Sadeghi Sassan $215,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadeghi Sassan $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $229,995 0.0% $291 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $229,995 0.0% $291 / Sq Ft
03/16/2018 03/16/18 Rented $1,250 0.0% --
03/13/2018 03/13/18 Off Market $1,250 -- --
01/26/2018 01/26/18 For Rent $1,250 0.0% --
08/12/2017 08/12/17 Rented $1,250 0.0% --
07/02/2017 07/02/17 For Rent $1,250 0.0% --
09/30/2016 09/30/16 Rented $1,250 0.0% --
09/22/2016 09/22/16 Under Contract -- -- --
08/12/2016 08/12/16 For Rent $1,250 -- --
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 $2,509 $244,070 $53,060 $191,010
2023 $2,509 $234,594 $51,000 $183,594
2022 $2,430 $229,995 $50,000 $179,995
2021 $615 $54,840 $23,843 $30,997
2020 $610 $54,279 $23,599 $30,680
2019 $598 $53,216 $23,137 $30,079
2018 $587 $52,174 $22,684 $29,490
2017 $577 $51,152 $22,240 $28,912
2016 $557 $50,150 $21,804 $28,346
2015 $550 $49,399 $21,478 $27,921
2014 $527 $48,433 $21,058 $27,375
Source: Public Records

Agents Affiliated with this Home

  • Scott Farnam

    Seller's Agent in 2021

    Scott Farnam

    FARNAM & ASSOCIATES REAL ESTATE

    (951) 265-8043

    6 in this area

    60 Total Sales

    Scott Farnam
    Section Image
  • Richard Knapp

    Buyer's Agent in 2021

    Richard Knapp

    Coldwell Banker Realty

    (951) 294-1840

    7 in this area

    54 Total Sales

    Richard Knapp
    Section Image
  • Robin Paliwoda

    Seller's Agent in 2018

    Robin Paliwoda

    Robin Paliwoda, Broker

    (951) 285-6426

    2 in this area

    12 Total Sales

    Robin Paliwoda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21178275

California Regional Multiple Listing Service (CRMLS)

APN: 379-251-021

California Riverside County Lake Elsinore 92530 Lake View District

16377 Lakeshore Dr Unit 5B, Lake Elsinore, CA

This home is located at 16377 Lakeshore Dr Unit 5B, Lake Elsinore, CA 92530 since 12 August 2021 and is currently estimated at $293,793, approximately $371 per square foot. This property was built in 1990. 16377 Lakeshore Dr Unit 5B is a home located in Riverside County with nearby schools including Machado Elementary School, Terra Cotta Middle School, and Lakeside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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