NOT LISTED FOR SALE

Estimated Value: $503,000 - $537,000

3 Beds
2 Baths
1,387 Sq Ft
$379/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $500,000 $360 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,173/month

95 Days on Market

Highlights

  • Fishing
  • Lake View
  • Main Floor Bedroom
  • RV Access or Parking
  • Community Lake
  • Corner Lot

About This Home

As of January 2024

This lovely single-story house is located on a cul-de-sac street in the desirable North Shore area of Lake Elsinore; it sits on a corner lot, covering a living area of 1,387 sq ft and a lot size of 6,970 sq ft.

The cozy home features 3 bedrooms and 2 bathrooms. It showcases an open floor plan full of daylight through huge windows, a relatively quiet and separate bedroom area, oversized designer tile flooring in the huge living room and family room, a custom fireplace, a gourmet kitchen with lots of cabinets for storage, stainless appliances, bay window, sliding glass doors in both master bedroom and kitchen leading into the beautiful backyard, dual pane high-efficiency windows throughout, granite countertops, skylight, and many other features. Virtual staging in living room and master bedroom.

Huge backyard paved with lawn, a patio provides an excellent venue for BBQ and a party area for family and friends.

The property has upgraded air conditioning and furnace, drought-tolerant landscaping front yard, RV parking, and more, no HOA, no Mello-Roos, low special assessments, and a low base tax rate. The garage was upgraded into a workshop or living room with AC. Several parking spaces in the driveway.

Located close to schools, shopping centers such as Costco, Walmart, and Lake Elsinore Launch Pointe Recreation Destination & RV Park, and easy access to Freeway 15 and 74.

A quiet community and friendly neighborhood, this is an excellent opportunity to live in one of the nicest areas Lake Elsinore offers. Don’t wait, claim this dwelling as your dream home!

Last Agent to Sell the Property

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896 Listed on: 09/13/2023

RE/MAX ELITE REALTY

Last Buyer's Agent

JOSE BARRIOS MARROQUIN

PRISM REALTY License #02138299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Rural Setting
  • Southwest Facing Home
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Parking Lot
  • RV Access or Parking

Property Views

  • Lake
  • Woods
  • Canyon
  • Mountain
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,387 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 20041
  • Assessor Parcel Number 379423009
  • $325 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Mountainous Community

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,817

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: TEXT
  • Other Phone Number: TEXT
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 379423009
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1387.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 360.49
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Granite Counters, Remodeled

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • View: Canyon, Lake, Mountain(s), Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage Faces Front, Parking Space, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Lake, Horse Trails, Park, Watersports, Mountainous, Rural

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.68898900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 430.05
  • Tax Lot: 9
  • Tax Tract Number: 20041
  • TaxOtherAnnualAssessmentAmount: 325.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 3, 2024
Sold by
Chen Bob Hua and Chen Elaine Y
Bought by
Olmos Cesar Eduardo Carl
Seller's Agent
Lan 'Gloria' Xiao
RE/MAX ELITE REALTY
Buyer's Agent
JOSE BARRIOS MARROQUIN
PRISM REALTY
List Price
$487,000
Sold Price
$500,000
Premium/Discount to List
$13,000
2.67%
Views
233
Current Estimated Value
$525,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,024
Avg. Annual Appreciation
3.12%
Original Mortgage
$490,943
Outstanding Balance
$483,372
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$41,652

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 18, 2019
Sold by
Malo Frank M and Boughan Gina Malo
Bought by
Chen Bob Hua and Chen Elaine Y
Seller's Agent
Anthony Barbarotta
Keller Williams Realty
Buyer's Agent
Joe McEntee
Joseph McEntee, Broker
List Price
$334,500
Sold Price
$338,888
Premium/Discount to List
$4,388
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
May 29, 2007
Sold by
Malo Frank M
Bought by
Malo Frank M and Malo Gina M

Purchase Details

Closed on
Feb 28, 2003
Sold by
Alford John A
Bought by
Malo Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,270
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 16, 1996
Sold by
Alford John A and Alford Wanda F
Bought by
Alford John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,771
Interest Rate
7.04%
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
Olmos Cesar Eduardo Carl $500,000 Wfg National Title
Chen Bob Hua $339,000 First American Title
Boughan Gina Malo -- First American Title
Malo Frank M -- None Available
Malo Frank M $179,000 United Title Company
Alford John A -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmos Cesar Eduardo Carl $490,943
Previous Owner Malo Frank M $237,000
Previous Owner Malo Frank M $203,000
Previous Owner Malo Frank M $173,270
Previous Owner Alford John A $36,771
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $500,000 +2.7% $360 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $487,000 +43.7% $351 / Sq Ft
08/05/2019 08/05/19 Sold $338,888 +1.3% $244 / Sq Ft
06/24/2019 06/24/19 For Sale $334,500 -- $241 / 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 $3,817 $510,000 $153,000 $357,000
2023 $3,817 $356,229 $78,837 $277,392
2022 $3,943 $349,245 $77,292 $271,953
2021 $3,624 $342,398 $75,777 $266,621
2020 $3,886 $338,888 $75,000 $263,888
2019 $2,485 $232,384 $58,413 $173,971
2018 $2,437 $227,828 $57,268 $170,560
2017 $2,391 $223,362 $56,146 $167,216
2016 $2,304 $218,984 $55,046 $163,938
2015 $2,277 $215,697 $54,220 $161,477
2014 $2,027 $194,000 $49,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23170383

California Regional Multiple Listing Service (CRMLS)

APN: 379-423-009