$520,000
SOLD OCT 30, 2020

18700 Collier Ave Lake Elsinore, CA 92530

1.25 Acres
$416,000 Price per Acre
54,450 Sq Ft Lot

Recently Sold

45% Below List Price

494 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Rectangular Lot

About This Lot

As of October 2020

Commercial development opportunity with freeway (I-15) frontage in the heart of Lake Elsinore. Property benefits from substantial billboard lease revenue (base + percentage). Zoning: General Commercial zoning (C-2) which allows for a wide variety of permitted uses including: Hotels/Motels, Restaurants, Offices, Churches, Schools/Studios and the typical retail applications. C-2 also includes C-O (Commercial Office) and C-1 (Neighborhood Commercial) uses. Buyer to verify all zoning, uses, utilities and required permits with City and County agencies.

Last Agent to Sell the Property

Rick Jemison

Coldwell Banker Realty License #01251536 Listed on: 06/01/2019

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,707

Lot Details

  • 1.25 Acre Lot
  • No Landscaping
  • Rectangular Lot
  • Level Lot
  • Property is zoned C-2

Property Views

  • Mountain
  • Hills

Additional Features

  • Urban Location
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 377110032

Property Details

Property Type

Land

Est. Annual Taxes

$5,707

Lot Details

0

Listing Details

  • Current Use Comments: Billboard Lease
  • View: Yes
  • Zoning: C-2
  • Property Type: Land
  • Parcel Number: 377110032
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.55

Exterior Features

  • View: Hills, Mountain(s)

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Level, No Landscaping
  • Lot Size Sq Ft: 54450.00
  • Lot Size Acres: 1.2500

Multi Family

  • Lot Size Area: 54450.0000 Square Feet

Tax Info

  • Tax Census Tract: 430.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Oct 26, 2020
Sold by
Farag Abir
Bought by
Farag Farid
Seller's Agent
Rick Jemison
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$945,000
Sold Price
$520,000
Premium/Discount to List
-$425,000
-44.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Jun 1, 2019
Closed on
Oct 16, 2020
Sold by
Q Stone Capital Llc
Bought by
Farag Farid
Seller's Agent
Rick Jemison
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$945,000
Sold Price
$520,000
Premium/Discount to List
-$425,000
-44.97%

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 14, 2013
Sold by
Howard Larson Lori and Aprigliano Melissa
Bought by
Q Stone Capital Llc
Seller's Agent
Chad Langseth
Keller Williams Realty
Buyer's Agent
Chad Langseth
Keller Williams Realty
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $520,000 First Amer Ttl Ins Co Natl C
Grant Deed $250,000 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $850,000 +63.5% --
10/30/2020 10/30/20 Sold $520,000 -23.0% --
10/07/2020 10/07/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $675,000 -22.9% --
08/27/2019 08/27/19 Price Changed $875,000 -7.4% --
06/01/2019 06/01/19 For Sale $945,000 +278.0% --
11/20/2013 11/20/13 Sold $250,000 -16.7% --
11/19/2013 11/19/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $300,000 -- --
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 $5,707 $562,864 $562,864 --
2023 $5,707 $541,008 $541,008 $0
2022 $5,523 $530,400 $530,400 $0
2021 $5,416 $520,000 $520,000 $0
2020 $2,932 $280,220 $280,220 $0
2019 $2,875 $274,726 $274,726 $0
2018 $2,820 $269,340 $269,340 $0
2017 $2,765 $264,059 $264,059 $0
2016 $2,662 $258,882 $258,882 $0
2015 $2,624 $254,995 $254,995 $0
2014 $2,545 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sami Ben Fadhel

    Lifetime Realty Inc

  • Tommy Kim

    Seller Co-Listing Agent in 2025

    Tommy Kim

    Lifetime Realty Inc

    (714) 544-1242

    36 Total Sales

    Tommy Kim
    Section Image
  • Rick Jemison

    Seller's Agent in 2020

    Rick Jemison

    Coldwell Banker Realty

    (951) 304-7243

    2 Total Sales

    Rick Jemison
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,876 Total Sales

    NoEmail NoEmail
    Section Image
  • Chad Langseth

    Seller's Agent in 2013

    Chad Langseth

    Keller Williams Realty

    (714) 584-2700

    94 Total Sales

    Chad Langseth
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19116688

California Regional Multiple Listing Service (CRMLS)

APN: 377-110-032

California Riverside County Lake Elsinore 92530

18700 Collier Ave, Lake Elsinore, CA

This home is located at 18700 Collier Ave, Lake Elsinore, CA 92530 and is currently priced at $520,000. 18700 Collier Ave is a home located in Riverside County with nearby schools including Elsinore Elementary School, Elsinore Middle School, and Temescal Canyon 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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