NOT LISTED FOR SALE

16377 Lakeshore Dr Unit 5D Lake Elsinore, CA 92530

Lake View District Neighborhood

Estimated Value: $282,000 - $314,852

2 Beds
2 Baths
791 Sq Ft
$240/mo HOA Fee

Last Sold October 30, 2019

Last sale price $175,000 $221 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,118/month

77 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Meeting Room
  • Main Floor Bedroom
  • Community Pool
  • Patio

About This Home

As of October 2019

Back on Market, subject to cancellation of existing escrow. Super price on this newly refurbished 2 bedroom Lido condo. It's an end upper unit and there is a relaxing view off the private deck.Community is gated and unit comes with a one car garage (#25). It's been completely redone. 2 full bedrooms, 2 baths, nice size living room, dining area and comfortable kitchen. Priced way below most recent sale. You have instant equity here.

Last Agent to Sell the Property

Wally Drake

DRAKE PROPERTIES & MANAGEMENT License #00899662 Listed on: 07/03/2019

Last Buyer's Agent

Rodrigo Maldonado

New Century Realtors License #01983829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1990

Lot Details

  • 802

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Stacked Washer and Dryer

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23000
  • Assessor Parcel Number 379251025

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Meeting Room
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,979

Year Built

Built in 1990

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 379251025
  • 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: 221.24
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Outside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Meeting Room, Maintenance Grounds, Trash, Controlled Access
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Communities
  • Phone: 951-354-5365
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Lido Communities

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 801.00
  • Lot Size Acres: 0.0184

Multi Family

  • Lease Considered: No
  • Lot Size Area: 801.0000 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Sep 23, 2019
Sold by
Lido Communities Llc
Bought by
Akhavan Parviz and Morales Luisa
Seller's Agent
Wally Drake
DRAKE PROPERTIES & MANAGEMENT
Buyer's Agent
Rodrigo Maldonado
New Century Realtors
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$301,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,463
Avg. Annual Appreciation
9.71%
Original Mortgage
$131,250
Outstanding Balance
$122,287
Interest Rate
7.2%
Mortgage Type
New Conventional
Estimated Equity
$179,176

Purchase Details

Closed on
Jul 17, 2019
Sold by
Densmore Peter L
Bought by
Lido Communities Llc

Purchase Details

Closed on
Jul 12, 2012
Sold by
Lido Communities Llc
Bought by
Densmore Peter L

Purchase Details

Closed on
Dec 27, 2006
Sold by
Lakeshore Condominiums Lp
Bought by
Densmore Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2006
Sold by
Densmore Joan E
Bought by
Densmore Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2006
Sold by
Densmore Peter L
Bought by
Lido Communities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.12%
Mortgage Type
Unknown
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
Akhavan Parviz $175,000 Usa Ntc
Lido Communities Llc -- Accommodation
Densmore Peter L -- Title Source
Densmore Peter L -- Fidelity National Title Co
Densmore Peter L -- Fidelity National Title Co
Densmore Peter L -- Accommodation
Lido Communities Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhavan Parviz $131,250
Previous Owner Densmore Peter L $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $175,000 -2.8% $221 / Sq Ft
10/25/2019 10/25/19 Price Changed $180,000 0.0% $228 / Sq Ft
10/25/2019 10/25/19 For Sale $180,000 +2.9% $228 / Sq Ft
09/24/2019 09/24/19 Price Changed $175,000 +2.9% $221 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $170,000 -- $215 / 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 $2,979 $290,699 $87,211 $203,488
2023 $2,979 $183,954 $52,558 $131,396
2022 $1,915 $180,348 $51,528 $128,820
2021 $1,879 $176,813 $50,518 $126,295
2020 $1,860 $175,000 $50,000 $125,000
2019 $676 $60,706 $22,073 $38,633
2018 $663 $59,517 $21,641 $37,876
2017 $651 $58,351 $21,217 $37,134
2016 $629 $57,207 $20,801 $36,406
2015 $621 $56,350 $20,490 $35,860
2014 $595 $55,248 $20,090 $35,158
Source: Public Records

Agents Affiliated with this Home

  • Wally Drake

    Seller's Agent in 2019

    Wally Drake

    DRAKE PROPERTIES & MANAGEMENT

    (951) 255-1205

    33 Total Sales

    Wally Drake
    Section Image
  • Rodrigo Maldonado

    Buyer's Agent in 2019

    Rodrigo Maldonado

    New Century Realtors

    (657) 255-1086

    22 Total Sales

    Rodrigo Maldonado
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19157834

California Regional Multiple Listing Service (CRMLS)

APN: 379-251-025

California Riverside County Lake Elsinore 92530 Lake View District

16377 Lakeshore Dr Unit 5D, Lake Elsinore, CA

This home is located at 16377 Lakeshore Dr Unit 5D, Lake Elsinore, CA 92530 since 03 July 2019 and is currently estimated at $301,463, approximately $381 per square foot. This property was built in 1990. 16377 Lakeshore Dr Unit 5D 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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