33085 Molly Ct Lake Elsinore, CA 92530
Lake Edge Neighborhood
5
Beds
3.5
Baths
2,340
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Fireplace
- Laundry Room
- No HOA
- 2 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of April 2025Investor Special – Incredible Fixer Opportunity at the End of a Cul-de-Sac Near Ortega Highway!This spacious two-story home is an ideal investment opportunity for buyers looking to renovate and add value! Nestled at the end of a quiet cul-de-sac, this property offers privacy, an expansive layout, and a prime location with easy access to the Ortega Highway, making commuting to Orange County a breeze.Step inside to discover soaring ceilings and an open floor plan that provides a great foundation for modern upgrades. The formal living and dining areas flow seamlessly into the main living spaces, offering versatile options for redesign and customization. The kitchen is partially updated, featuring upgraded cabinetry and flooring, but requires finishing touches to bring it to its full potential.This home offers multiple living areas, including a cozy family room that’s perfect for gathering and entertaining. Upstairs, you’ll find spacious bedrooms with ample natural light, ready for your creative vision. The primary suite features generous space for a future luxurious retreat.Outside, the large backyard boasts mature palm trees, a mix of paved walkways, and a multi-level yard, providing endless possibilities for landscaping, outdoor entertainment areas. Whether you’re envisioning a lush garden, a relaxing patio, or a play area, this backyard has the space and potential to become a true oasis.This property needs TLC, making it a prime opportunity for flippers, investors, or buyers looking to create their dream home with built-in equity. With its great bones, desirable location, and investment potential, this is an opportunity you don’t want to miss.
Last Agent to Sell the Property
KW The Lakes Brokerage Phone: 951-258-5245 License #01763659 Listed on: 03/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,539
Year Built
- Built in 2003
Lot Details
- 0.3 Acre Lot
- Back and Front Yard
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,340 Sq Ft Home
- 2-Story Property
- Fireplace
- Family Room
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 29304
- Assessor Parcel Number 387530042
- $357 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2005
Sold by
Garcia Fernando P
Bought by
Garcia Fernando P and Stamp Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$151,007
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Estimated Equity
$386,607
Purchase Details
Closed on
Apr 30, 2004
Sold by
Stamp Kimberly
Bought by
Garcia Fernando P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2004
Sold by
Garcia Fernando P
Bought by
Garcia Fernando P and Stamp Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 19, 2002
Sold by
Mitchell Development Inc
Bought by
Garcia Fernando P and Stamp Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
7.12%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Ctc | |
| Grant Deed | $239,000 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | Credit Line Revolving | |
| Open | $384,000 | Negative Amortization | |
| Previous Owner | $288,000 | Purchase Money Mortgage | |
| Previous Owner | $215,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $645,000 | -1.5% | $276 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $655,000 | +24.8% | $280 / Sq Ft |
| 04/25/2025 04/25/25 | Sold | $525,000 | 0.0% | $224 / Sq Ft |
| 03/15/2025 03/15/25 | Off Market | $525,000 | -- | -- |
| 03/15/2025 03/15/25 | For Sale | $499,000 | -5.0% | $213 / Sq Ft |
| 03/14/2025 03/14/25 | Off Market | $525,000 | -- | -- |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $499,000 | -- | $213 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,539 | $398,650 | $86,163 | $312,487 |
| 2022 | $4,111 | $390,834 | $84,474 | $306,360 |
| 2021 | $4,031 | $383,171 | $82,818 | $300,353 |
| 2020 | $3,990 | $379,243 | $81,969 | $297,274 |
| 2019 | $3,913 | $371,808 | $80,362 | $291,446 |
| 2018 | $3,838 | $364,519 | $78,788 | $285,731 |
| 2017 | $3,764 | $357,373 | $77,244 | $280,129 |
| 2016 | $3,625 | $350,367 | $75,730 | $274,637 |
| 2015 | $3,262 | $314,000 | $68,000 | $246,000 |
| 2014 | $2,855 | $278,000 | $60,000 | $218,000 |
Source: Public Records
Agents Affiliated with this Home
-
Crissy Thompson
Seller's Agent in 2025
Crissy Thompson
ACE Realty, Inc.
(951) 334-1823
18 Total Sales
-
Sofia Chacon
Seller's Agent in 2025
Sofia Chacon
KW The Lakes
(951) 258-5245
2 in this area
105 Total Sales
-
Brandon Anand
Seller Co-Listing Agent in 2025
Brandon Anand
Brandon J. Anand
(323) 893-7713
1 in this area
3 Total Sales
-
Jay Chacon
J
Buyer's Agent in 2025
Jay Chacon
KW The Lakes
(951) 733-0587
3 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25050067
APN: 387-530-042
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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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