NOT LISTED FOR SALE

19490 Palomar St Lake Elsinore, CA 92530

Estimated Value: $579,000 - $627,000

4 Beds
3 Baths
1,900 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 11, 2012

Last sale price $160,000 $84 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $3,404/month

61 Days on Market

Highlights

  • View of Hills
  • Formal Dining Room
  • Eat-In Kitchen
  • No HOA
  • 2 Car Direct Access Garage
  • 4-minute walk to Serenity Park

About This Home

As of May 2012

This is a Bank Owned Property. Nice upgraded tiles in the main traffic area of the home and kitchen. Nice tiled front enrty. New carpet and paint at interior. New dishwasher, stove, and microvent. One bedroom and bathroom downstairs. Patio Cover. Balcony off the master. Parks are walking distance from the home. Fireplace in the living room and dining area. Seperate family room. Seperate Kitchenette area. See agent remarks for all offer submitals.

Last Agent to Sell the Property

Carmela Rincon-Loelkes

Realty ONE Group Southwest License #00462325 Listed on: 01/25/2012

Last Buyer's Agent

Robert Mitchell

Redhawk Realty License #01101567

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1995

Lot Details

  • 7,841 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,900 Sq Ft Home
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Views of Hills
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 24215
  • Assessor Parcel Number 370431006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: (951)552-1166
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 370431006
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1900.00
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 84.21
  • Room Type: Entry, Family Room, Living Room, Master Bedroom, Separate Family Room

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 24215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
May 2, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pedersen Christopher K and Pedersen Jennifer C
Seller's Agent
Carmela Rincon-Loelkes
Realty ONE Group Southwest
Buyer's Agent
Robert Mitchell
Redhawk Realty
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%
Current Estimated Value
$601,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,995
Avg. Annual Appreciation
10.36%
Original Mortgage
$155,944
Outstanding Balance
$108,248
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$493,747

Purchase Details

Closed on
Oct 26, 2011
Sold by
Russell Darlene
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 24, 1999
Sold by
Backer Darlene J and Russell Darlene
Bought by
Backer Darlene J

Purchase Details

Closed on
Apr 27, 1998
Sold by
Hud
Bought by
Russell Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Nov 13, 1997
Sold by
Seguine Alfred E and Seguine Angela D
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Nov 21, 1996
Sold by
Seguine Alfred E and Seguine Angela D
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 12, 1995
Sold by
Osborne Development Corp
Bought by
Seguine Alfred E and Seguine Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,542
Interest Rate
7.62%
Mortgage Type
FHA
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
Pedersen Christopher K $160,000 Advantage Title Inc
Federal Home Loan Mortgage Corporation $180,000 None Available
Backer Darlene J -- None Available
Russell Darlene $115,000 --
Hud -- American Title
Norwest Mtg Inc $165,417 American Title Co
Norwest Mtg Inc $154,181 American Title Co
Seguine Alfred E $143,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Christopher K $155,944
Previous Owner Russell Darlene $103,500
Previous Owner Seguine Alfred E $140,542
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2012 05/11/12 Sold $160,000 -8.5% $84 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $174,900 0.0% $92 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $174,900 -- $92 / 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 $2,946 $251,678 $62,793 $188,885
2023 $2,946 $241,906 $60,355 $181,551
2022 $2,842 $237,164 $59,172 $177,992
2021 $2,274 $185,652 $58,012 $127,640
2020 $2,245 $183,750 $57,418 $126,332
2019 $2,199 $180,148 $56,293 $123,855
2018 $2,151 $176,617 $55,191 $121,426
2017 $4,875 $173,155 $54,109 $119,046
2016 $2,010 $169,761 $53,049 $116,712
2015 $1,986 $167,213 $52,253 $114,960
2014 $1,927 $163,940 $51,231 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12011200

California Regional Multiple Listing Service (CRMLS)

APN: 370-431-006