NOT LISTED FOR SALE

Estimated Value: $426,000 - $527,000

2 Beds
2 Baths
1,400 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $261,000 $186 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,949/month

103 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Breakfast Area or Nook
  • Lake View
  • No HOA
  • 5-minute walk to Swick and Matich Park

About This Home

As of August 2016

BACK ON THE MARKET!!! Buyer did not perform. Amazing Location with Stunning Lake and Mountain Views!!! Come relax in this completely renovated 2 Bedroom, 2 Bathroom Single-story home. Large Open Family/Living room with gorgeous views of the Lake. Marble tile counter tops, New Kitchen Cabinets, and a Breakfast Nook. New wood Flooring throughout. Bathrooms have been completely remodeled with New Cabinets, Tile floors, and Tile showers. New Heater and AC system. New Energy-Efficient Windows. Detached 2 Car Garage and separate Laundry Room. Fresh Interior and Exterior Paint. New Appliances and Water Heater. Spacious Corner lot close to shopping, schools, and freeways. Located in Historic Downtown. A MUST SEE! Don't miss out on this opportunity to own a rare lake view property!!

Last Listed By

Cynthia Mitchell

Exit Alliance Realty License #01971983 Listed on: 04/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1920

Lot Details

  • 4,356

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Lake
  • Hills

Interior Spaces

  • 1,400 Sq Ft Home
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Air Source Heat Pump

Additional Features

  • Exterior Lighting
  • 4,356 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 8 / 2
  • Tax Tract Number 430
  • Assessor Parcel Number 374273001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,508

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 374273001
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 186.43
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • View: Hills, Lake
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.00
  • Price Per Lot Square Foot: 59.92

Multi Family

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

Tax Info

  • Tax Block: 2
  • Tax Lot: 8
  • Tax Tract Number: 430.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Aug 17, 2016
Sold by
Salomon Avraham and Salomon Yael
Bought by
Ward Brandon
Seller's Agent
Cynthia Mitchell
Exit Alliance Realty
Buyer's Agent
Susan Hetrick
Hetrick Realty
List Price
$269,000
Sold Price
$261,000
Premium/Discount to List
-$8,000
-2.97%
Total Days on Market
103
Current Estimated Value
$474,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,670
Avg. Annual Appreciation
7.06%
Original Mortgage
$247,950
Outstanding Balance
$200,595
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$274,075

Purchase Details

Listed on
May 16, 2015
Closed on
Aug 4, 2015
Sold by
Wells Fargo Bank National Association
Bought by
The Avraham & Yael Salomon Revocable Tru
Seller's Agent
Bryan Auer
eXp Realty of California, Inc.
Buyer's Agent
Kristin Ames
NON-MEMBER/NBA or BTERM OFFICE
List Price
$183,700
Sold Price
$149,625
Premium/Discount to List
-$34,075
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.48%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Gallagher John Michael
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
May 3, 2002
Sold by
Gallagher John M
Bought by
Gallagher John Michael and John Michael Gallagher Living Trust

Purchase Details

Closed on
Oct 25, 2000
Sold by
Hud
Bought by
Gallagher John

Purchase Details

Closed on
Oct 22, 1999
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 23, 1999
Sold by
Sciortino Juanita
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Aug 21, 1996
Sold by
Hud
Bought by
Sciortino Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,136
Interest Rate
7.88%
Mortgage Type
FHA

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
Ward Brandon $261,000 Title 365
The Avraham & Yael Salomon Revocable Tru $150,000 Title 365
Wells Fargo Bank National Association $110,487 Accommodation
Gallagher John Michael -- --
Gallagher John $55,500 First American Title Co
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $48,892 Fidelity National Title Ins
Sciortino Juanita $45,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Brandon $247,950
Previous Owner Gallagher John M $150,000
Previous Owner Gallagher John $65,265
Previous Owner Gallagher John Michael $110,878
Previous Owner Gallagher John Michael $53,000
Previous Owner Gallagher John Michael $37,000
Previous Owner Gallagher John M $53,000
Previous Owner Gallagher John $53,151
Previous Owner Sciortino Juanita $44,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $261,000 +0.4% $186 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $260,000 -3.3% $186 / Sq Ft
06/17/2016 06/17/16 For Sale $269,000 0.0% $192 / Sq Ft
06/08/2016 06/08/16 Price Changed $269,000 -2.2% $192 / Sq Ft
06/07/2016 06/07/16 Price Changed $275,000 -3.5% $196 / Sq Ft
06/07/2016 06/07/16 For Sale $285,000 0.0% $204 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/13/2016 05/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $285,000 +90.5% $204 / Sq Ft
08/18/2015 08/18/15 Sold $149,625 -18.5% $136 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $183,700 -- $167 / 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
2023 $3,508 $291,146 $78,085 $213,061
2022 $3,388 $285,438 $76,554 $208,884
2021 $3,295 $279,842 $75,053 $204,789
2020 $3,256 $276,974 $74,284 $202,690
2019 $3,192 $271,544 $72,828 $198,716
2018 $3,125 $266,220 $71,400 $194,820
2017 $3,073 $261,000 $70,000 $191,000
2016 $2,060 $163,200 $71,400 $91,800
2015 $1,101 $68,941 $31,336 $37,605
2014 -- $67,592 $30,723 $36,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16073013

California Regional Multiple Listing Service (CRMLS)

APN: 374-273-001