NOT LISTED FOR SALE

32960 Ethlene Dr Lake Elsinore, CA 92530

Estimated Value: $355,000 - $502,000

2 Beds
2 Baths
1,100 Sq Ft
$380/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $290,000 $264 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,492/month

19 Days on Market

Highlights

  • Access To Lake
  • Primary Bedroom Suite
  • Lake Privileges
  • Fishing
  • Lake View
  • Community Lake

About This Home

As of July 2019

Lake Living at its best! Steps from the private beach — where you can store and launch your boat, or just bask in the sun — this pristine cottage has the largest freshwater lake in Southern California as its playground. If you are looking for work/life balance, you have arrived! Newly renovated, the cottage is right out of a novel, matching the charm of the town named after the Danish town Helsinore in Shakespeare's "Hamlet.” Lake Elsinore is known for the poppies that stopped traffic during the super bloom this year. After a stroll at the Lake, picture yourself, family, and friends in your large front yard, relaxing on the huge redwood deck with a refreshing drink and appetizers before stepping inside for a gourmet dinner prepared in the chef's kitchen. The intent of the remodel was to maintain the authenticity of the vintage cottage, while adding unique design elements and stylish upgrades that welcome you from the very first step inside the front door. You are struck by the attention to detail throughout— from the classic glass knobs on the master bath door, to the pebble flooring of the shower, to the wine and stemware racks under the glass-fronted cabinets. Feel the lake breeze from the open windows, as the cathedral ceilings give you a sense of space and openness. As an extra bonus, the master suite includes a sitting room, spacious walk-in shower and a separate entrance, making it ideal for a mother-in-law quarters or a separate income generating room rental.

Last Agent to Sell the Property

Lisa Stotelmyre

Coldwell Banker Realty License #02021787 Listed on: 05/13/2019

Coldwell Banker Realty

Last Buyer's Agent

John Metcalf

Inland Valley Realty License #01014401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1947

Lot Details

  • 3,920 Sq Ft Lot
  • Redwood Fence
  • Front Yard
  • Property is zoned R-3

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Turnkey
  • Wood Product Walls

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Living Room
  • Bonus Room
  • Lake Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Parking Available
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Access To Lake
  • Lake Privileges
  • Deck
  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 22
  • Assessor Parcel Number 381071034

Community Details

Overview

  • Landowners Association, Phone Number (877) 968-8825
  • Mutual Company HOA
  • Community Lake

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,241

Year Built

Built in 1947

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-3
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 381071034
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Ceiling Fan(s), High Ceilings, Wainscoting, Wood Product Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 263.64
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Shower In Tub, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Lake
  • Fence: Yes
  • Fencing: Redwood
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • Association Name: Landowners
  • Phone: 877-968-8825
  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake, Watersports
  • Association Management: Mutual Company

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community, Lake, Lake Privileges

Tax Info

  • Tax Census Tract: 464.02
  • Tax Lot: 56
  • Tax Tract Number: 022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 5, 2019
Sold by
Distinctive Dwellings
Bought by
Morgan Meagan
Seller's Agent
Lisa Stotelmyre
Coldwell Banker Realty
Buyer's Agent
John Metcalf
Inland Valley Realty
List Price
$288,800
Sold Price
$290,000
Premium/Discount to List
$1,200
0.42%
Current Estimated Value
$417,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,837
Avg. Annual Appreciation
5.96%
Original Mortgage
$275,500
Outstanding Balance
$241,741
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$176,096

Purchase Details

Closed on
Jan 8, 2019
Sold by
Fischer Robert L and Fischer Jody Lynn
Bought by
Distinctive Dwellings Llc and Aisling Home Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 9, 2011
Closed on
Mar 9, 2012
Sold by
Sudhalter Treva Rose
Bought by
Fischer Robert L and Fischer Jody Lynn
Seller's Agent
Barbara Harrison
J-Mar Realty-Grand Ave
Buyer's Agent
Janelle Laidlaw
Coldwell Banker Realty
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Sutton Donald D and Sudhalter Treva
Bought by
Sutton Donald D and Sudhalter Treva Rose
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
Morgan Meagan $290,000 Landwood Title
Distinctive Dwellings Llc $141,000 Ticor Title Company
Fischer Robert L $77,000 Fidelity National Title
Sutton Donald D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Meagan $275,500
Previous Owner Distinctive Dwellings Llc $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2019 07/03/19 Sold $290,000 +0.4% $264 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $288,800 +275.1% $263 / Sq Ft
04/03/2012 04/03/12 Sold $77,000 -14.3% $98 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
05/20/2011 05/20/11 For Sale $89,900 +16.8% $114 / Sq Ft
05/12/2011 05/12/11 Off Market $77,000 -- --
04/09/2011 04/09/11 For Sale $89,900 -- $114 / 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 $3,241 $317,153 $76,553 $240,600
2023 $3,241 $304,839 $73,581 $231,258
2022 $3,138 $298,863 $72,139 $226,724
2021 $3,077 $293,004 $70,725 $222,279
2020 $3,046 $290,000 $70,000 $220,000
2019 $941 $86,692 $22,514 $64,178
2018 $923 $84,993 $22,074 $62,919
2017 $906 $83,328 $21,642 $61,686
2016 $873 $81,695 $21,218 $60,477
2015 $864 $80,469 $20,900 $59,569
2014 $839 $78,895 $20,492 $58,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19113423

California Regional Multiple Listing Service (CRMLS)

APN: 381-071-034