NOT LISTED FOR SALE

18225 Brightman Ave Lake Elsinore, CA 92530

Estimated Value: $425,770 - $541,000

2 Beds
2.5 Baths
2,000 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $265,000 $132 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,794/month

64 Days on Market

Highlights

  • Marina
  • Community Stables
  • Gated Parking
  • Detached Guest House
  • RV Access or Parking
  • View of Hills

About This Home

As of April 2019

Think you cant buy an Affordable Investment because you don't make a lot of Money? Two Individual Homes on One Lot!!!!! Thinking of becoming an investor? Start small and build your empire. Live in one and rent the other. Thinking of making them Smart Homes?? We can make that happen before we even hand you the keys!! These homes are individually fenced and are ready for all of your Summer, Winter, Elsinore Dream Extreme toys!!! Close to Parks, Schools, the Ortega and the Freeway. Both homes are stick built and are move in ready.. Don't forget to drive down to the Waterfront Park as well as the New Campground!

Last Agent to Sell the Property

Cassandra Borja

Coldwell Banker Realty License #01384939 Listed on: 01/20/2019

Coldwell Banker Realty

Last Buyer's Agent

Chris & Debbie Maronto

Realty OC Inc License #01376857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Rural Setting
  • Masonry wall
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Back Yard
  • Property is zoned R-3

Home Design

  • Cottage

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entrance Foyer
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • Bathtub

Parking

  • Parking Available
  • Private Parking
  • Gated Parking
  • RV Access or Parking

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • More Than Two Accessible Exits
  • Concrete Porch or Patio

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 464
  • Assessor Parcel Number 382042035

Community Details

Overview

  • No Home Owners Association
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: R-3
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 382042035
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 132.50
  • Room Type: All Bedrooms Down, Entry, Foyer
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached, Two On A Lot
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link, Masonry, Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Patio, Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, Private, RV Access/Parking

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Other
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Stable(s), Rural

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Census Tract: 464.02
  • Tax Lot: 89
  • Tax Tract Number: 464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2019
Closed on
Mar 28, 2019
Sold by
Palms Park Llc
Bought by
Oakley Nathan Robert
Seller's Agent
Cassandra Borja
Coldwell Banker Realty
Buyer's Agent
Chris & Debbie Maronto
Realty OC Inc
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$466,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,693
Avg. Annual Appreciation
9.32%
Original Mortgage
$260,200
Outstanding Balance
$229,228
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$237,465

Purchase Details

Closed on
Jun 16, 2018
Sold by
Cox Devon Denise
Bought by
Palms Park Llc

Purchase Details

Closed on
Apr 20, 2005
Sold by
Arblaster Dennis and Arblaster Phyllis
Bought by
Arblaster Dennis and Arblaster Phyllis
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
Oakley Nathan Robert $265,000 Stewart Title Of Ca Inc
Palms Park Llc $220,000 Stewart Title Company
Arblaster Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakley Nathan Robert $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $265,000 -3.6% $133 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $275,000 -3.5% $138 / Sq Ft
02/17/2019 02/17/19 For Sale $285,000 0.0% $143 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/20/2019 01/20/19 For Sale $285,000 -- $143 / 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 $3,014 $295,608 $66,929 $228,679
2023 $3,014 $284,131 $64,331 $219,800
2022 $2,918 $278,561 $63,070 $215,491
2021 $2,861 $273,100 $61,834 $211,266
2020 $2,832 $270,300 $61,200 $209,100
2019 $2,357 $68,213 $41,983 $26,230
2018 $653 $66,876 $41,159 $25,717
2017 $640 $65,565 $40,352 $25,213
2016 $615 $64,280 $39,561 $24,719
2015 $611 $63,317 $38,968 $24,349
2014 $594 $62,078 $38,205 $23,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19014818

California Regional Multiple Listing Service (CRMLS)

APN: 382-042-035