NOT LISTED FOR SALE

Estimated Value: $588,000 - $627,000

3 Beds
2 Baths
1,975 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $330,000 $167 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,530/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • No HOA
  • Mountain View
  • High Ceiling
  • Corian Countertops

About This Home

As of June 2016

Welcome to Sarasota by KB Homes! Located in Southern California’s picturesque Lake Elsinore! This Beautiful single story home is situated in a quiet neighborhood with mountain views. Featuring 1,975 sqft of living space, 3 bedrooms plus an office-which could be converted to a 4th bedroom or game room, open and bright interior boasting 9 foot ceilings, and upgraded flooring. The large kitchen has rich dark cabinetry, updated countertops, and spacious dining area, open to the family room which is complete with an inviting fireplace making this open floor plan perfect for entertaining or hosting family gatherings! Master suite has large master bath and walk-in closet. The huge back yard has plenty of room to accommodate a pool and/or play area, decorative custom concrete and extra large epoxy painted covered patio with ceiling fans. PAID OFF SOLAR-NO LEASE-NO ELECTRIC BILL!! Close to lake and mountains. Easy access to I-15 freeway and CA 74-Ortega Hwy, community parks, schools, shopping, Costco, Lowes, LOW TAXES, NO HOA!! WOW this is a must see!!

Last Agent to Sell the Property

Marla Hallen

Exit Alliance Realty License #01831233 Listed on: 05/20/2016

Last Buyer's Agent

Tim Suber

Coldwell Banker Realty License #01130710

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 2003

Lot Details

  • 8,276 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,975 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Type Unknown

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 40
  • Tax Tract Number 43
  • Assessor Parcel Number 389071016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,003

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: solar pannels
  • Property Attached: No
  • Subdivision Name Other: Sarasota
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 389071016
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1975.00
  • Interior Amenities: Ceiling Fan(s), Corian Counters, High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 167.09
  • Room Type: All Bedrooms Down, Entry, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Separate Family Room
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Builder Name: KB
  • Patio And Porch Features: Covered, Concrete, Front Porch, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Forced Air, Natural Gas
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 39.87

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 40
  • Tax Lot: 16
  • Tax Tract Number: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 14, 2016
Sold by
Miller Ryan and Miller Allee
Bought by
Diamond James Jayson and Fagan Codie Rose
Seller's Agent
Marla Hallen
Exit Alliance Realty
Buyer's Agent
Tim Suber
Coldwell Banker Realty
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$604,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,518
Avg. Annual Appreciation
6.71%
Original Mortgage
$324,022
Outstanding Balance
$257,886
Interest Rate
3.57%
Mortgage Type
FHA
Estimated Equity
$346,632

Purchase Details

Closed on
Sep 15, 2012
Sold by
Hoffman Michael J
Bought by
Miller Ryan and Miller Allee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,540
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2007
Sold by
Hoffman Michael J and Hoffman Ann M
Bought by
Hoffman Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Hoffman Michael J and Adams Ann M
Bought by
Hoffman Michael J and Hoffman Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Kb Home Coastal Inc
Bought by
Hoffman Michael J and Adams Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,630
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Torn Ralph and Torn Milton B
Bought by
Abbacy Ventures 98 Llc
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
Diamond James Jayson $330,000 Lawyers Title
Miller Ryan $191,000 Western Resource Title Co
Hoffman Michael J -- First American Title Ins Co
Hoffman Michael J -- Ticor Title Company
Hoffman Michael J $273,500 First American Title
Abbacy Ventures 98 Llc -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond James Jayson $324,022
Previous Owner Miller Ryan $187,540
Previous Owner Hoffman Michael J $268,000
Previous Owner Hoffman Michael J $25,000
Previous Owner Hoffman Michael J $218,630
Closed Hoffman Michael J $54,657
Closed Hoffman Michael J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2016 06/27/16 Sold $330,000 0.0% $167 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $329,900 +74.6% $167 / Sq Ft
12/01/2012 12/01/12 For Sale $189,000 -1.0% $96 / Sq Ft
11/30/2012 11/30/12 Sold $191,000 0.0% $97 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Off Market $191,000 -- --
09/28/2012 09/28/12 For Sale $189,000 0.0% $96 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $189,000 +5.1% $96 / Sq Ft
06/16/2012 06/16/12 For Sale $179,900 -5.8% $91 / Sq Ft
05/30/2012 05/30/12 Off Market $191,000 -- --
04/17/2012 04/17/12 Price Changed $179,900 -4.3% $91 / Sq Ft
03/01/2012 03/01/12 For Sale $187,900 -- $95 / 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 $4,003 $390,643 $117,190 $273,453
2023 $4,003 $375,477 $112,641 $262,836
2022 $3,875 $368,116 $110,433 $257,683
2021 $3,800 $360,899 $108,268 $252,631
2020 $3,762 $357,199 $107,158 $250,041
2019 $4,876 $350,196 $105,057 $245,139
2018 $4,804 $343,331 $102,999 $240,332
2017 $4,735 $336,600 $100,980 $235,620
2016 $3,197 $198,679 $62,411 $136,268
2015 $3,174 $195,697 $61,475 $134,222
2014 $3,568 $191,866 $60,272 $131,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16107991

California Regional Multiple Listing Service (CRMLS)

APN: 389-071-016