NOT LISTED FOR SALE

32740 Ontario Way Lake Elsinore, CA 92530

Estimated Value: $514,000 - $565,828

4 Beds
2 Baths
1,635 Sq Ft
$335/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $285,000 $174 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,304/month

28 Days on Market

Highlights

  • View of Hills
  • Concrete Porch or Patio
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Dining Room

About This Home

As of January 2017

This home is located in a desirable area of Lake Elsinore. No HOA no Mello Roos taxes. This 4 bedroom home offers an open floor plan, 3 car garage with direct access to inside and backyard, fireplace in living room, and tile flooring. Backyard has a lot of potential. Walking distance to school and parks. Great family area. Home needs a little TLC.

Last Agent to Sell the Property

Elvia Bahena

Keller Williams Realty License #01761714 Listed on: 10/28/2016

Last Buyer's Agent

Tony Giordano

Tony Giordano, Broker License #01945979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence

Parking

  • 3 Car Garage
  • Parking Available

Interior Spaces

  • 1,635 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Views of Hills
  • Gas Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 24138
  • Assessor Parcel Number 370462013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,815

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 370462013
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1635.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 174.31
  • Room Type: Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 464.03
  • Tax Lot: 61
  • Tax Tract Number: 24138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Shamblin Timothy G
Bought by
Shamblin Timothy G and Shamblin Adara M
Current Estimated Value
$545,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,900
Outstanding Balance
$246,532
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$294,664

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 30, 2016
Sold by
Cazares Guadalupe
Bought by
Shamblin Timothy G
Seller's Agent
Elvia Bahena
Keller Williams Realty
Buyer's Agent
Tony Giordano
Tony Giordano, Broker
List Price
$280,000
Sold Price
$285,000
Premium/Discount to List
$5,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$279,837
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2004
Sold by
Baji Vivek R and Baji Laura M
Bought by
Cazares Eduardo and Cazares Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Cazares Eduardo
Bought by
Cazares Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1997
Sold by
West Coast Homes
Bought by
Baji Vivek R and Baji Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,238
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Shamblin Timothy G -- First American Title Company
Shamblin Timothy G $285,000 First American Title Company
Cazares Eduardo $290,000 Investors Title Company
Cazares Guadalupe -- Investors Title Company
Baji Vivek R $131,000 Fidelity National Title Ins
West Coast Homes -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamblin Timothy G $276,900
Closed Shamblin Timothy G $279,837
Previous Owner Cazares Guadalupe $300,000
Previous Owner Cazares Eduardo $232,000
Previous Owner Baji Vivek R $129,238
Closed Cazares Eduardo $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $285,000 +1.8% $174 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $280,000 -- $171 / 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 $3,815 $330,760 $81,238 $249,522
2023 $3,815 $317,919 $78,085 $239,834
2022 $3,686 $311,686 $76,554 $235,132
2021 $3,588 $305,575 $75,053 $230,522
2020 $3,547 $302,443 $74,284 $228,159
2019 $3,477 $296,514 $72,828 $223,686
2018 $3,405 $290,700 $71,400 $219,300
2017 $3,545 $311,000 $64,000 $247,000
2016 $3,191 $286,000 $59,000 $227,000
2015 $2,858 $253,000 $52,000 $201,000
2014 $2,479 $219,000 $45,000 $174,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Elvia Bahena

    Keller Williams Realty

  • T

    Buyer's Agent in 2017

    Tony Giordano

    Tony Giordano, Broker

  • A

    Buyer's Agent in 2017

    Anthony Giordano

    RE/MAX

    (951) 973-7272

    14 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16742328

California Regional Multiple Listing Service (CRMLS)

APN: 370-462-013

California Riverside County Lake Elsinore 92530

32740 Ontario Way, Lake Elsinore, CA

This home is located at 32740 Ontario Way, Lake Elsinore, CA 92530 since 28 October 2016 and is currently estimated at $548,457, approximately $335 per square foot. This property was built in 1997. 32740 Ontario Way is a home located in Riverside County with nearby schools including William Collier Elementary School, David A. Brown Middle School, and Elsinore High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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