NOT LISTED FOR SALE

Estimated Value: $571,000 - $596,000

5 Beds
4 Baths
2,522 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $132,000 $52 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $3,528/month

44 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating

About This Home

As of February 2012

Single Level Lake Elsinore Duplex... 1 Unit 3 bedroom + 2 bathrooms & 2nd unit 2 bedroom + 2 bathrooms...2 Separate single car garages attached...Front Patio at entry...Interior of main unit includes tile flooring in dining area, kitchen and living room...tiled kitchen counter tops...Tile in bedrooms...2nd Unit has tiled floors...dining area off of kitchen...sliding patio door with access to back patio...full bathroom...as-is opportunity to customize home. Great opportunity!

Last Agent to Sell the Property

Tyler Cressler

TMC Group License #01338159 Listed on: 11/29/2011

Co-Listed By

MARK BISBEE

First Team Real Estate License #01839624

Last Buyer's Agent

Sherri Foster

Homebird Realty License #00800898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1978

Lot Details

  • 5,662

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 2,522 Sq Ft Home
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • 5,662 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 387092046

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 387092046
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level
  • Flooring: Laminate, Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 52.34
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5662.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5662.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Mahajan Nitin
Bought by
Mahajan Nitin and Mahajan Ruchi
Current Estimated Value
$584,428

Purchase Details

Closed on
May 8, 2019
Sold by
Mahajan Ruchi and Mahajan Nitin
Bought by
Mahajan Nitin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
Sold by
Paonessa Jillian and Paonessa Francesco
Bought by
Paonessa Francesco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
Paonessa Francesco and Yoon Edwin
Bought by
Mahajan Nitin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2019
Sold by
Yoon Edwin
Bought by
Paonessa Francesco and Yoon Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2011
Closed on
Feb 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Yoon Edwin
Seller's Agent
Tyler Cressler
TMC Group
Buyer's Agent
Sherri Foster
Homebird Realty
List Price
$144,250
Sold Price
$132,000
Premium/Discount to List
-$12,250
-8.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$99,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2011
Sold by
Lopez Ana Maria
Bought by
Fannie Mae

Purchase Details

Closed on
Feb 18, 2006
Sold by
Lopez Ana Maria
Bought by
Lopez Ana Maria and Barrios Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2001
Sold by
Rennie Alex J and Rennie Mary W
Bought by
Lopez Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,207
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mahajan Nitin -- None Available
Mahajan Nitin -- Lawyers Title Company
Paonessa Francesco -- Lawyers Title Company
Mahajan Nitin $365,000 Lawyers Title Company
Yoon Edwin -- Lawyers Title Company
Paonessa Francesco -- None Available
Yoon Edwin $132,000 Lawyers Title Company
Fannie Mae $301,529 Accommodation
Lopez Ana Maria -- None Available
Lopez Ana Maria $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahajan Nitin $272,000
Closed Mahajan Nitin $273,750
Previous Owner Yoon Edwin $99,000
Previous Owner Lopez Ana Maria $280,000
Previous Owner Lopez Ana Maria $240,000
Previous Owner Lopez Ana Maria $150,000
Previous Owner Lopez Ana Maria $124,834
Previous Owner Lopez Ana Maria $114,207
Closed Lopez Ana Maria $6,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2012 02/27/12 Sold $132,000 -8.5% $52 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $144,250 -- $57 / 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 $4,118 $407,159 $83,661 $323,498
2023 $4,118 $391,350 $80,413 $310,937
2022 $3,986 $383,678 $78,837 $304,841
2021 $3,908 $376,156 $77,292 $298,864
2020 $3,868 $372,300 $76,500 $295,800
2019 $1,551 $148,623 $45,035 $103,588
2018 $1,521 $145,709 $44,153 $101,556
2017 $1,492 $142,853 $43,288 $99,565
2016 $1,436 $140,053 $42,440 $97,613
2015 $1,419 $137,951 $41,803 $96,148
2014 $1,375 $135,250 $40,985 $94,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11155185

California Regional Multiple Listing Service (CRMLS)

APN: 387-092-046