Seller's Agent in 2024
Cindy Lee
The Collective Realty
(323) 657-4866
1 in this area
28 Total Sales
32281 Riverside Dr Lake Elsinore, CA 92530
Lake View District NeighborhoodEstimated Value: $1,786,758
4.95
Acres
$360,961
Price per Acre
215,622
Sq Ft Lot
About This Lot
As of July 2024Fantastic development and investor opportunity! 4.95 acres for residential/commercial developers. The property is in the Downtown/Northern Part of Lake Elsinore, north of the lake and the Marina Boat Launch. Prime location and a high traffic count, with 395 feet frontage on heavily traveled HWY 74. Located just down the street from Lake Elsinore high school and on HWY 74/Riverside Drive and across the street from Lake Elsinore State Park Recreation Park, with views of the lake. RMU residential mixed use district, which accommodates primarily medium to high density residential mixed-use developments, with limited commercial, institution, office, and service uses compatible with the street environment and adjacent to residential areas. There is an expired tentative map for a formerly planned RiverLake Villas project, consisting of 51 detached condos ranging from approximately 1300 to 1600 SF, However, favorable zone changes would now allow development in excess of 100 multifamily condominium or apartment units, or a mixed-use project with retail facing the street or commercial space below with units above. Don't miss this opportunity in the exciting and growing community of Lake Elsinore!
Last Agent to Sell the Property
The Collective Realty License #02084411 Listed on: 04/08/2022
Co-Listed By
TIMOTHY TOBISH
The Collective Realty License #02057781
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Property Details
Property Type
- Land
Lot Details
- 4.95 Acre Lot
- Lake Front
- Property is zoned RMU
Property Views
- Lake
- Mountain
Location
- City Lot
Listing and Financial Details
- Assessor Parcel Number 379-315-033
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2022
Closed on
May 5, 2024
Sold by
Bought by
Seller's Agent
Cindy Lee
The Collective Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,890,000
Sold Price
$1,800,000
Premium/Discount to List
-$90,000
-4.76%
Views
131
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,242
Avg. Annual Appreciation
-0.65%
Purchase Details
Closed on
Mar 28, 2024
Sold by
Bought by
Purchase Details
Closed on
Sep 16, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 14, 2014
Sold by
Bought by
Purchase Details
Closed on
Feb 17, 2004
Sold by
Bought by
Purchase Details
Closed on
Jan 18, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.87%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,800,000 | Stewart Title | ||
| -- | Stewart Title | ||
| -- | None Available | ||
| $1,325,000 | First American Title Company | ||
| $1,250,000 | Commonwealth Title | ||
| $750,000 | North American Title Co | ||
| -- | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $470,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $1,800,000 | 0.0% | -- |
| 01/20/2023 01/20/23 | Pending | -- | -- | -- |
| 10/20/2022 10/20/22 | Price Changed | $1,799,999 | -4.8% | -- |
| 04/08/2022 04/08/22 | For Sale | $1,890,000 | -- | -- |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,695 | $1,836,000 | $1,836,000 | |
| 2025 | $16,737 | $1,800,000 | $1,800,000 | |
| 2023 | $16,737 | $1,530,613 | $1,530,613 | |
| 2022 | $16,219 | $1,500,601 | $1,500,601 | $0 |
| 2021 | $15,914 | $1,471,178 | $1,471,178 | $0 |
| 2020 | $17,653 | $1,456,093 | $1,456,093 | $0 |
| 2019 | $15,462 | $1,427,543 | $1,427,543 | $0 |
| 2018 | $15,172 | $1,399,552 | $1,399,552 | $0 |
| 2017 | $14,888 | $1,372,110 | $1,372,110 | $0 |
| 2016 | $14,354 | $1,345,206 | $1,345,206 | $0 |
| 2015 | $14,253 | $1,325,000 | $1,325,000 | $0 |
| 2014 | $8,505 | $765,000 | $765,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Lee
-
T
Seller Co-Listing Agent in 2024
TIMOTHY TOBISH
The Collective Realty
-
S
Buyer's Agent in 2024
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 22-145281
APN: 379-315-033
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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