NOT LISTED FOR SALE

Estimated Value: $362,000 - $428,000

2 Beds
1 Bath
832 Sq Ft
$487/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $310,000 $373 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,509/month

11 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Living Room
  • Main Floor Bedroom
  • Pull-through
  • Laundry Room

About This Home

As of December 2020

What a Rare opportunity to own a commercially zoned property (C2) with a residential component! This Home and property sits in fantastic location for easy access for prime signage, where you can run your business literally from your back door. Pride of ownership shows in the cozy cottage that is thoughtfully laid out with a spacious feel. The home offers a light and bright entry with a covered front patio. Enter into a spacious living room that flows nicely into the the dining area, giving an open concept feel. There are 2 good size rooms, one primary and one ancillary. Both bedrooms share a nicely upgraded bathroom. There is also the nice feature of an indoor laundry, brand new roof and newer installed septic tank. If building a business "close to home" rings a bell, this is the property for you! With the lot being zoned commercial (C2) you can run your business from the same property (Buyer to verify all through city). Located close to schools, parks, shopping, and easy freeway access for commuters.

Last Agent to Sell the Property

Goran Forss

Team Forss Realty Group License #01711806 Listed on: 11/08/2020

Co-Listed By

Daniel Jarvis

Team Forss Realty Group License #01907257

Last Buyer's Agent

Beatriz Felix

Realty One Group West License #01358913

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned CP

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Carport
  • Pull-through
  • Parking Available
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Conventional Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 1
  • Assessor Parcel Number 379224005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,482

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: CP
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 379224005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 832.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 372.60
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Gated, Pull-through

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Level
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 430.05
  • Tax Lot: 32
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 9, 2020
Sold by
Rodriguez Gilbert
Bought by
Medina Anthony and Medina Genesis M
Seller's Agent
Goran Forss
Team Forss Realty Group
Buyer's Agent
Beatriz Felix
Realty One Group West
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$405,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,279
Avg. Annual Appreciation
6.13%
Original Mortgage
$279,000
Outstanding Balance
$249,964
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,049

Purchase Details

Closed on
Sep 30, 2016
Sold by
Hadley Scott C and Hadley Anita M
Bought by
Rodriguez Ii Gilbert and Rodriguez Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,214
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2005
Sold by
Symonds Rita M and Evans Angela M
Bought by
Hadley Scott C and Hadley Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 2004
Sold by
Symonds Rita M and Evans Angela M
Bought by
Symonds Rita M and Evans Angela M

Purchase Details

Closed on
May 19, 1999
Sold by
Drazenovich Allie M
Bought by
Symonds Sidney Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1997
Sold by
Drazenovich Allie M
Bought by
Drazenovich Allie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Medina Anthony $310,000 Lawyers Title Company
Rodriguez Ii Gilbert $209,000 Stewart Title Company
Hadley Scott C $140,000 Stewart Title Riverside
Symonds Rita M -- --
Symonds Sidney Thomas $40,000 Chicago Title Co
Drazenovich Allie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Anthony $279,000
Previous Owner Rodriguez Gilbert $195,116
Previous Owner Rodriguez Ii Gilbert $205,214
Previous Owner Hadley Scott C $112,000
Previous Owner Symonds Sidney Thomas $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $310,000 0.0% $373 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $309,900 +48.3% $372 / Sq Ft
12/22/2016 12/22/16 Sold $209,000 -4.6% $209 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $219,000 -6.8% $219 / Sq Ft
08/11/2016 08/11/16 For Sale $235,000 -- $235 / 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 $3,482 $335,551 $81,181 $254,370
2023 $3,482 $322,524 $78,030 $244,494
2022 $3,373 $316,200 $76,500 $239,700
2021 $3,308 $310,000 $75,000 $235,000
2020 $2,322 $221,791 $74,284 $147,507
2019 $2,277 $217,443 $72,828 $144,615
2018 $2,233 $213,180 $71,400 $141,780
2017 $2,189 $209,000 $70,000 $139,000
2016 $1,856 $173,000 $60,000 $113,000
2015 $1,698 $157,000 $55,000 $102,000
2014 $1,442 $134,000 $47,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20235386

California Regional Multiple Listing Service (CRMLS)

APN: 379-224-005