NOT LISTED FOR SALE

Estimated Value: $662,098 - $696,000

5 Beds
3 Baths
2,555 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $585,000 $229 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,294/month

66 Days on Market

Highlights

  • Solar Power System
  • Open Floorplan
  • Loft
  • Lake View
  • Multi-Level Bedroom
  • Granite Countertops

About This Home

As of September 2022

Welcome to 29180 Gateway, this home is situated on the top of the hills in the Shore Pointe community of Lake Elsinore. You will absolutely adore the peaceful views of the canyon, the lake, and the city lights from the backyard and the upstairs windows. Natural light floods the house through the multitude of windows. The front door opens to the spacious living room and family room. The kitchen features granite counter tops and extended cabinetry; a center island and coffee nook; stainless steel appliances and a built-in microwave. Ceiling fans and recessed lighting throughout the home. There are five bedrooms total, one downstairs with a full bathroom and the other four upstairs with two full bathrooms, along with the loft. Solar panels keep expenses low. The front and back yard is professionally landscaped. The backyard is very private with no neighbor in the back or front of the property. In the center of the community is the sports park, with a baseball field, playground and a skate park, along with a hiking trails and a dog park. Come see this property and fall in love with it!

Last Agent to Sell the Property

Ming Bao

Universal Elite Inc. License #01949484 Listed on: 05/26/2022

Universal Elite Inc.

Last Buyer's Agent

Ali Panlilio

Realty One Group Pacific License #01369509

Realty One Group Pacific

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 2009

Lot Details

  • 6,970 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Property Views

  • Lake
  • City Lights
  • Canyon
  • Hills

Interior Spaces

  • 2,555 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Laundry Room

Kitchen

  • Open to Family Room
  • Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 32337
  • Assessor Parcel Number 391862003
  • $556 per year additional tax assessments

Community Details

Overview

  • Shore Pointe Association, Phone Number (951) 296-5640
  • Built by K. Hovnanian Home

Recreation

  • Community Playground
  • Park
  • Dog Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,725

Year Built

Built in 2009

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 391862003
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2555.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 228.96
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Hills, Lake
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Builder Name: K. Hovnanian Home
  • Patio And Porch Features: Concrete
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Dog Park, Hiking Trails
  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Association Name: Shore Pointe
  • Phone: 951 296 5640
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Hiking, Park, Sidewalks, Street Lights
  • Association Management: Shore Pointe

Schools

  • School District: Lake Elsinore Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.69114700

Multi Family

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

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 32337
  • TaxOtherAnnualAssessmentAmount: 555.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Sep 22, 2022
Sold by
Cabaybay Edwin A
Bought by
Cabaybay Nida Recella
Seller's Agent
Ming Bao
Universal Elite Inc.
Buyer's Agent
Ali Panlilio
Realty One Group Pacific
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%
Views
4
Current Estimated Value
$679,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,775
Avg. Annual Appreciation
5.05%
Original Mortgage
$572,191
Outstanding Balance
$545,758
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$134,017

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 22, 2022
Sold by
Zhang and Beixia
Bought by
Cabaybay Edna Reedit and Cabaybay John Alvin
Seller's Agent
Ming Bao
Universal Elite Inc.
Buyer's Agent
Ali Panlilio
Realty One Group Pacific
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,191
Outstanding Balance
$545,758
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$134,017

Purchase Details

Listed on
Jan 7, 2014
Closed on
Dec 13, 2013
Sold by
Wiseman Jonathan David and Wiseman Kimberly S
Bought by
Zhang Guisheng and Wu Beixia
Seller's Agent
Robin Zapata
@Vantage Real Estate
Buyer's Agent
Susan Jin
IRN Realty
List Price
$364,000
Sold Price
$356,000
Premium/Discount to List
-$8,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Dec 11, 2009
Sold by
K Hovnanian At La Laguna Llc
Bought by
Wiseman Jonathan David and Wiseman Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,950
Interest Rate
5.01%
Mortgage Type
New Conventional
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
Cabaybay Nida Recella -- Stewart Title
Cabaybay Edna Reedit $585,000 Stewart Title
Zhang Guisheng $356,000 Ticor Title
Wiseman Jonathan David $321,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabaybay Edna Reedit $572,191
Previous Owner Wiseman Jonathan David $278,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2022 09/26/22 Sold $585,000 -2.4% $229 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $599,500 -3.9% $235 / Sq Ft
06/16/2022 06/16/22 Price Changed $624,000 -0.8% $244 / Sq Ft
06/15/2022 06/15/22 Price Changed $629,000 -3.2% $246 / Sq Ft
05/26/2022 05/26/22 For Sale $649,900 +11.1% $254 / Sq Ft
05/19/2022 05/19/22 Off Market $585,000 -- --
01/31/2014 01/31/14 Sold $356,000 -2.2% $139 / Sq Ft View Prior Sale
01/07/2014 01/07/14 For Sale $364,000 0.0% $142 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/04/2013 11/04/13 Price Changed $364,000 -3.2% $142 / Sq Ft
10/15/2013 10/15/13 Price Changed $376,000 -3.3% $147 / Sq Ft
09/27/2013 09/27/13 Price Changed $389,000 -1.5% $152 / Sq Ft
09/10/2013 09/10/13 For Sale $395,000 -- $155 / 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 $6,725 $608,634 $114,444 $494,190
2023 $6,725 $585,000 $110,000 $475,000
2022 $4,825 $411,226 $69,302 $341,924
2021 $4,732 $403,164 $67,944 $335,220
2020 $4,679 $399,031 $67,248 $331,783
2019 $5,775 $391,208 $65,930 $325,278
2018 $5,686 $383,538 $64,639 $318,899
2017 $5,599 $376,019 $63,372 $312,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22080704

California Regional Multiple Listing Service (CRMLS)

APN: 394-252-003