NOT LISTED FOR SALE

33081 Esther St Lake Elsinore, CA 92530

Estimated Value: $555,789 - $705,000

5 Beds
3 Baths
2,008 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $463,000 $231 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,931/month

114 Days on Market

Highlights

  • Community Lake
  • 2 Car Direct Access Garage
  • Tile Flooring
  • Private Yard
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2021

A must see duplex a few blocks from lake. Unit (A) front unit is a 3 bedroom 2 bath with master bedroom. Unit (B) back unit is a 2 bedroom 1 bath. Each unit is one story, have their own yard and laundry access. 2 separate gas and electric meters. Each has their own A/C system. Front unit has a 2 car attached garage, both units have a fireplace. Close to lake, elementary and high school, highway 74 and shops.

Last Agent to Sell the Property

Martin Cueva

Advance Realty License #01103656 Listed on: 06/28/2021

Last Buyer's Agent

Martin Cueva

Advance Realty License #01103656 Listed on: 06/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot A
  • Tax Tract Number 46401
  • Assessor Parcel Number 381284009

Community Details

Overview

  • 2 Units
  • Community Lake

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $516
  • Water Sewer Expense $2,160
  • Operating Expense $3,876
  • Gross Income $28,524
  • Net Operating Income $28,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,968

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2160.00
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 381284009
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 230.58
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 516.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 28524.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 28524.00
  • 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: 2676.00
  • Rent Control: Yes
  • Total Expenses: 3876.00

Tax Info

  • Tax Census Tract: 464.01
  • Tax Lot: A
  • Tax Tract Number: 046401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Nov 15, 2021
Sold by
Pacheco Margarito and The Margarito Pacheco Living T
Bought by
Nguyen Christopher Huu and Nguyen Theresa
Seller's Agent
Martin Cueva
Advance Realty
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$479,900
Sold Price
$463,000
Premium/Discount to List
-$16,900
-3.52%
Current Estimated Value
$645,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,447
Avg. Annual Appreciation
9.24%
Original Mortgage
$347,250
Outstanding Balance
$319,528
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$325,919

Purchase Details

Closed on
Dec 23, 2017
Sold by
Pacheco Margarito
Bought by
Pacheco Margarito and Margarito Pacheco Living Trust

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jun 5, 2017
Sold by
Quevedo Amaranto and Quevedo Yolanda
Bought by
Pacheco Margarito
Seller's Agent
Elva Ulloa
HOMERICA REALTY
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$360,000
Sold Price
$347,000
Premium/Discount to List
-$13,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$184,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1999
Sold by
Thompson Thomas and Thompson Sherry
Bought by
Quevedo Amaranto and Quevedo Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,347
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1996
Sold by
Hannon Leo F and Hannon Julia
Bought by
Thompson Thomas and Thompson Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,799
Interest Rate
8.42%
Mortgage Type
Seller Take Back
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
Nguyen Christopher Huu $463,000 Wfg National Title Co Of Ca
Pacheco Margarito -- None Available
Pacheco Margarito $347,000 Title 365 Company
Quevedo Amaranto $99,500 First American Title Co
Thompson Thomas $9,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Christopher Huu $347,250
Previous Owner Pacheco Margarito $184,000
Previous Owner Quevedo Amaranto $20,000
Previous Owner Quevedo Amaranto $107,000
Previous Owner Quevedo Amaranto $99,347
Previous Owner Thompson Thomas $85,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $463,000 -3.5% $231 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $479,900 +38.3% $239 / Sq Ft
07/26/2017 07/26/17 Sold $347,000 -3.6% $173 / Sq Ft
07/25/2017 07/25/17 Price Changed $360,000 0.0% $179 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $360,000 -- $179 / 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 $4,968 $491,338 $95,508 $395,830
2023 $4,968 $472,260 $91,800 $380,460
2022 $4,808 $372,051 $75,053 $296,998
2021 $3,791 $364,757 $73,582 $291,175
2020 $3,752 $361,018 $72,828 $288,190
2019 $3,679 $353,940 $71,400 $282,540
2018 $3,607 $347,000 $70,000 $277,000
2017 $1,305 $131,748 $39,720 $92,028
2016 $1,255 $129,166 $38,942 $90,224
2015 $1,241 $127,228 $38,358 $88,870
2014 $1,202 $124,737 $37,607 $87,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21140430

California Regional Multiple Listing Service (CRMLS)

APN: 381-284-009