NOT LISTED FOR SALE

29129 Red Alder Unit 15 Lake Elsinore, CA 92530

East Lake District Neighborhood

Estimated Value: $545,777 - $575,000

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

Last Sold May 22, 2020

Last sale price $366,570 $218 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,727/month

36 Days on Market

Highlights

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

About This Home

As of May 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 sands 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
-Customizable home with a range of practical to luxurious options including the option to add an owner's suite spa tub to our Equinox homes 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: 02/03/2020

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 3,672 Sq Ft Lot
  • Desert faces the front of the property
  • East Facing Home
  • Vinyl Fence
  • Block Wall Fence
  • Level Lot
  • Back Yard

HOA Fees

  • $117 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • 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
  • Water Line To Refrigerator
  • 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
  • Fence Around Pool
  • In Ground Spa

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 15
  • 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

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$117 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: 2020
  • Special Features: NewHome

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
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 217.55
  • 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
  • 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
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • 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: 117.00
  • 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

  • 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
  • Lot Size Sq Ft: 3672.00
  • Lot Size Acres: 0.0843
  • Latitude Manual: 33.64178100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3672.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 31920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jun 17, 2020
Sold by
K Hovnanian Communities Inc
Bought by
Hughes Lacy Nicole and Hughes Joseph Michael
Seller's Agent
Michelle Nguyen
K. Hovnanian Companies of CA
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$364,170
Sold Price
$366,570
Premium/Discount to List
$2,400
0.66%
Current Estimated Value
$562,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,374
Avg. Annual Appreciation
7.98%
Original Mortgage
$356,989
Outstanding Balance
$316,443
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$246,501
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughes Lacy Nicole $364,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Lacy Nicole $356,989
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $366,570 0.0% $218 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $366,570 +0.7% $218 / Sq Ft
02/03/2020 02/03/20 For Sale $364,170 -- $216 / 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 $7,826 $397,667 $82,021 $315,646
2023 $7,826 $382,227 $78,837 $303,390
2022 $7,550 $374,734 $77,292 $297,442
2021 $7,403 $367,387 $75,777 $291,610
2020 $4,425 $82,107 $82,107 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Nguyen

    K. Hovnanian Companies of CA

    (626) 789-0159

    10 in this area

    1,245 Total Sales

    Michelle Nguyen
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    6 in this area

    6,152 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20024291

California Regional Multiple Listing Service (CRMLS)

APN: 371-481-008

California Riverside County Lake Elsinore 92530 East Lake District

29129 Red Alder Unit 15, Lake Elsinore, CA

Not Listed for Sale

Detached

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