NOT LISTED FOR SALE

32984 Cedar Dr Lake Elsinore, CA 92530

Estimated Value: $324,000 - $477,000

2 Beds
1 Bath
1,253 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $389,000 $310 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,540/month

4 Days on Market

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • Community Lake
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of October 2023

LAKE ACCESS!!! VERY LOW TAXES!!!!! Quaint little cottage 6 houses from Lake Elsinore. This is your chance to own a home in the exclusive "Kilmeny Orchard POA " with Beach Rights of fishing, boating, watersports, and swimming! This 2 bedroom, 1 bathroom cutie is a great starter home! There is new laminate flooring throughout. The kitchen is newly remodeled. New cabinets, sink, faucet, dishwasher and quartz countertops where recently installed. New electrical plugs were also replaced in the home. A wood burning fireplace sits in a corner of the spacious living-room to enjoy on those cozy winter nights. The property is close to shopping and conveniently located near Highway 74 for South Orange County commuters. It is about 30 minutes from the Temecula wineries, Old Town Temecula and Pechanga Resort and Casino! This community is not in an HOA but rather a POA, which allows the beach access describe above.

Last Agent to Sell the Property

Cathie Kong

LPT Realty, Inc License #02042384 Listed on: 09/29/2023

LPT Realty, Inc

Last Buyer's Agent

Jackie Marie Slosser

Jackie Marie Slosser License #01868431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned C-1/C-P

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,253 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

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

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 65
  • Assessor Parcel Number 381063028
  • $43 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: C-1/C-P
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 381063028
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1253.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 310.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Lake, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 464.02
  • Tax Lot: 76
  • Tax Tract Number: 65-036
  • TaxOtherAnnualAssessmentAmount: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 27, 2023
Sold by
Leber Lance Clayton
Bought by
Campbell Mark Alan
Seller's Agent
Cathie Kong
LPT Realty, Inc
Buyer's Agent
Jackie Marie Slosser
Jackie Marie Slosser
List Price
$389,000
Sold Price
$389,000
Views
64
Current Estimated Value
$421,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,693
Avg. Annual Appreciation
3.77%
Original Mortgage
$377,330
Outstanding Balance
$370,334
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$51,359

Purchase Details

Closed on
Apr 28, 2008
Sold by
Swann David
Bought by
Leber Lance Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,924
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 1996
Sold by
Jensen Donald H and Jensen Wanda M
Bought by
Swann David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Mark Alan $389,000 Chicago Title
Leber Lance Clayton $150,000 United Title Company
Swann David $40,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Mark Alan $377,330
Previous Owner Leber Lance Clayton $146,924
Previous Owner Swann David $36,000
Closed Swann David $674
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $389,000 0.0% $310 / Sq Ft
09/29/2023 09/29/23 For Sale $389,000 -- $310 / 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 $4,044 $396,779 $99,196 $297,583
2023 $4,044 $189,233 $50,493 $138,740
2022 $1,964 $185,523 $49,503 $136,020
2021 $1,927 $181,886 $48,533 $133,353
2020 $1,907 $180,022 $48,036 $131,986
2019 $1,871 $176,494 $47,095 $129,399
2018 $1,835 $173,034 $46,172 $126,862
2017 $1,800 $169,642 $45,267 $124,375
2016 $1,734 $166,317 $44,380 $121,937
2015 $1,684 $161,000 $43,000 $118,000
2014 $1,523 $147,000 $39,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23154604

California Regional Multiple Listing Service (CRMLS)

APN: 381-063-028