$470,000
SOLD FEB 22, 2021

33072 Adelfa St Lake Elsinore, CA 92530

5 Beds
4 Baths
2,212 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Community Lake
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

As of February 2021

Amazing opportunity for this custom Built 2 Unit home. Live in one and rent out the other for great investment opportunity. This is an awesome custom single level home with a 3 bed 2 full bath home up front and a 2 bed 2 full bath adjacent to the front. This home features a large private yard and a giant 3 car garage. Get here quick to see the stunning mountain views and a gorgeous view of the lake. Build investment wealth or have a fabulous multi-gen living arrangement!

Last Agent to Sell the Property

James Cottrell

eXp Realty of California Inc. License #01445984 Listed on: 01/12/2021

eXp Realty of California Inc.

Last Buyer's Agent

ARCELIA AVILA

HOMEQUEST REAL ESTATE License #01921772

HOMEQUEST REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 3
  • Assessor Parcel Number 381262030

Community Details

Overview

  • 2 Units
  • Community Lake
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $150
  • Water Sewer Expense $100
  • Operating Expense $250
  • Gross Income $13,200
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,143

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 381262030
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 212.48
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Lake, Mountainous, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1312 Square Feet
  • Gross Income: 13200.00
  • Gross Scheduled Income: 13200.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 10000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3200.00
  • Rent Control: No
  • Total Expenses: 250.00

Tax Info

  • Tax Census Tract: 464.02
  • Tax Lot: 23
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jan 25, 2021
Sold by
Kruger Lisa Marie
Bought by
Alarcon Rosa and Ortiz Henry
Seller's Agent
James Cottrell
eXp Realty of California Inc.
Buyer's Agent
ARCELIA AVILA
HOMEQUEST REAL ESTATE
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$690,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,134
Avg. Annual Appreciation
9.06%
Original Mortgage
$352,500
Outstanding Balance
$316,444
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$373,690

Purchase Details

Closed on
May 28, 2015
Sold by
Kruger Michael John
Bought by
Kruger Lisa Marie

Purchase Details

Closed on
Jun 16, 1995
Sold by
Kruger D N and Kruger C
Bought by
Kruger David N and Kruger Carol Ann
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 Type Sale Price Title Company
Grant Deed $470,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $470,000 +1.1% $212 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $465,000 -- $210 / 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 $5,143 $936,301 $81,181 $855,120
2023 $5,143 $488,988 $78,030 $410,958
2022 $4,978 $479,400 $76,500 $402,900
2021 $1,852 $184,582 $24,586 $159,996
2020 $1,832 $182,690 $24,334 $158,356
2019 $1,795 $179,108 $23,857 $155,251
2018 $1,759 $175,597 $23,390 $152,207
2017 $1,723 $172,155 $22,932 $149,223
2016 $1,657 $168,781 $22,483 $146,298
2015 $1,709 $166,248 $22,147 $144,101
2014 $1,656 $162,993 $21,714 $141,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21005707

California Regional Multiple Listing Service (CRMLS)

APN: 381-262-030