NOT LISTED FOR SALE

29112 Scarlet Oak Unit 5 Lake Elsinore, CA 92530

East Lake District Neighborhood

Estimated Value: $549,000 - $574,000

3 Beds
2.5 Baths
1,685 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $366,000 $217 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,809/month

11 Days on Market

Highlights

  • Under Construction
  • Solar Power System
  • Traditional Architecture
  • Heated Lap Pool
  • Open Floorplan
  • 1-minute walk to Sunset park

About This Home

As of January 2020

Solstice in the beautiful Summerly Community in Lake Elsinore! The Festival Floor Plan is a stunning 3-bedroom, 2.5 bath single family home. First floor has a spacious living space and stunning gourmet kitchen with an island and pantry, and extra storage under the stairs. The second floor has a spacious owner’s suite with 2 walk-in closets and luxury bath, plus 2 bedrooms. This home’s many included features are Traditional exterior, J-boxes pre-wired for ceiling fans in the Great room and Master bedroom, upgraded stainless steel appliances, Driftwood maple cabinetry, and white sand granite in the kitchen.

Solstice at Summerly Unique Features:
-Enjoy open floor plans, with elevated 9ft. ceilings included in all our Festival and Holiday homes
-Experience light-filled living with included dual side windows and luxurious vaulted or coffered ceilings in every master bedroom
-Festival and Holiday homes also include dual side windows in the great room to enhance open floor plan
-3 distinctive exterior home styles: Farmhouse featuring a rustic front porch with plenty of seating space, Traditional featuring stone-clad entryway and wood siding, and Spanish featuring classic stucco design with wrought-iron accents
- In addition to these included features, you can customize your home with a range of options, including the option to add an owner's suite spa tub to our Equinox home or an expansive center-meet sliding glass door and covered patio to our Festival and Holiday homes.

Last Agent to Sell the Property

Michelle Nguyen

K. Hovnanian Companies of CA License #02054803 Listed on: 12/04/2019

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,864

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 4,580 Sq Ft Lot
  • Desert faces the front of the property
  • East Facing Home
  • Vinyl Fence
  • Block Wall Fence
  • Level Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Private Yard
  • Back Yard

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,685 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Solar Power System

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Schools

  • David A Brown Middle School
  • Lake Elsinore High School

Utilities

  • Cooling System Powered By Gas
  • Ducts Professionally Air-Sealed
  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 31920

Community Details

Overview

  • First Service Residential Association, Phone Number (951) 296-2272
  • Built by K. Hovnanian Homes
  • Festival

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,864

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Solstice at Summerly
  • View: Yes
  • Architectural Style: Traditional
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1685.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 217.21
  • Room Type: All Bedrooms Up, Foyer, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Privacy Toilet Door
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Builder Name: K. Hovnanian Homes
  • Pool Features: Association, Community, Fenced, Heated, In Ground, Lap
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Brick Veneer, Drywall Walls, Ducts Professionally Air-Sealed, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central, Zoned, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Recreation Room
  • Association Fee: 110.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 9512962272
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Lake Elsinore Unified
  • Middle School: David A Brown
  • High School: Lake Elsinore
  • High School: Lake Elsinore
  • Middle Or Junior School: David A Brown
  • High School2: LAKELS

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Desert Front, Level with Street, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 4580.00
  • Lot Size Acres: 0.1051
  • Latitude Manual: 33.64309000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4580.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 31920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Mar 10, 2020
Sold by
K Hovnanian Communities Inc
Bought by
Summerly Community Association
Seller's Agent
Michelle Nguyen
K. Hovnanian Companies of CA
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$371,850
Sold Price
$366,000
Premium/Discount to List
-$5,850
-1.57%
Current Estimated Value
$563,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,071
Avg. Annual Appreciation
8.05%
Original Mortgage
$359,330
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 14, 2020
Sold by
K Hovnanian Communities Inc
Bought by
Torrez Sheryl and Villavicencio Luis Manuel
Seller's Agent
Michelle Nguyen
K. Hovnanian Companies of CA
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$371,850
Sold Price
$366,000
Premium/Discount to List
-$5,850
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,330
Interest Rate
3.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Summerly Community Association -- Orange Coast Title Company
Torrez Sheryl $366,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrez Sheryl $89,407
Previous Owner Torrez Sheryl $359,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $366,000 -1.6% $217 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $371,850 -- $221 / 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 $7,864 $400,269 $82,021 $318,248
2023 $7,864 $384,728 $78,837 $305,891
2022 $7,587 $377,186 $77,292 $299,894
2021 $7,439 $369,791 $75,777 $294,014
2020 $6,591 $290,141 $80,498 $209,643
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Nguyen

    K. Hovnanian Companies of CA

    (626) 789-0159

    11 in this area

    1,101 Total Sales

    Michelle Nguyen
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    6 in this area

    5,879 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19271603

California Regional Multiple Listing Service (CRMLS)

APN: 371-480-005

California Riverside County Lake Elsinore 92530 East Lake District

29112 Scarlet Oak Unit 5, Lake Elsinore, CA

This home is located at 29112 Scarlet Oak Unit 5, Lake Elsinore, CA 92530 since 04 December 2019 and is currently estimated at $563,071, approximately $334 per square foot. This property was built in 2019. 29112 Scarlet Oak Unit 5 is a home located in Riverside County with nearby schools including William Collier Elementary School, David A. Brown Middle School, and Elsinore 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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