NOT LISTED FOR SALE

34655 Borchard Rd Unit A Lake Elsinore, CA 92530

Estimated Value: $472,000 - $994,000

1 Bed
1 Bath
425 Sq Ft
$1,539/Sq Ft Est. Value

Highlights

  • Lake View
  • No HOA
  • Laundry Room
  • 1.22 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of May 2020

Cozy, small 1 bedroom, 1 bathroom efficiency unit. Includes very small kitchen area with refrigerator, 2-burner electric hot plate, small microwave oven and sink. Ceiling fans in bedroom and in small living area. Views of Lake. Balcony off bedroom. Mirrored closet doors in bedroom. There is no garage, no storage, and no covered parking area. Access to property is off of a dirt road. It's right up there next to the mountains. Entrance is on the first level, with stairs immediately going up. The entire very small unit is all located on the 2nd level. Use of shared washer and dryer downstairs. Call on pets-restrictions on breed, size, and number. There are no fences and there are other houses and tenants on this entire property. It's on shared well water and septic system. Additional monthly utility cost for all utilities-(water, electricity, gas, trash collection) $100.00 payable with monthly rent. Property is offered as-is. Conveniently located close to Ortega Hwy and minutes from I-15 Freeway. Freshly cleaned and ready for it's new resident.

Last Agent to Rent the Property

Robin Paliwoda

Robin Paliwoda, Broker License #00520520 Listed on: 04/22/2020

Last Renter's Agent

Robin Paliwoda

Robin Paliwoda, Broker License #00520520 Listed on: 04/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1975

Lot Details

  • 1.22 Acre Lot
  • Two or More Common Walls
  • Rural Setting

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 425 Sq Ft Home
  • 2-Story Property
  • Lake Views

Kitchen

  • Kitchenette
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Shared Well
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $1,400
  • 12-Month Minimum Lease Term
  • Available 4/24/20
  • Tax Lot 1
  • Assessor Parcel Number 382120047

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $250
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-04-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 1400
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-R
  • Property Sub Type: Triplex
  • Property Type: Residential Lease
  • Parcel Number: 382120047
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 425.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 2.34
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Kitchenette

Exterior Features

  • View: Lake
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Sewer: Septic Type Unknown
  • Water Source: Shared Well
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 53143.00
  • Lot Size Acres: 1.2200

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 53143.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 464.01
  • Tax Lot: 1
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Chen Don
Bought by
Chen May P
Current Estimated Value
$654,000

Purchase Details

Closed on
Apr 15, 2015
Sold by
Hinners Lars Oliver
Bought by
Chen May P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2011
Sold by
Rowe Robert P and Rowe Lynn E
Bought by
Hinners Lars Oliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
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
Chen May P -- Title 365
Chen May P $630,000 Title365
Hinners Lars Oliver $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen May P $400,000
Previous Owner Hinners Lars Oliver $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2020 05/30/20 Rented $995 +11.2% --
05/08/2020 05/08/20 Under Contract -- -- --
05/06/2020 05/06/20 Off Market $895 -- --
04/22/2020 04/22/20 For Rent $895 +11.9% --
09/30/2018 09/30/18 Rented $800 0.0% --
09/27/2018 09/27/18 Off Market $800 -- --
09/17/2018 09/17/18 For Rent $800 -- --
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 $782 $76,032 $36,420 $39,612
2023 $782 $73,081 $35,006 $38,075
2022 $757 $71,649 $34,320 $37,329
2021 $743 $70,246 $33,648 $36,598
2020 $735 $69,526 $33,303 $36,223
2019 $721 $68,163 $32,650 $35,513
2018 $404 $37,527 $32,010 $5,517
2017 $1,914 $36,792 $31,383 $5,409
2016 $6,421 $630,000 $100,000 $530,000
2015 $382 $35,530 $30,306 $5,224
2014 $374 $34,836 $29,713 $5,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20077374

California Regional Multiple Listing Service (CRMLS)

APN: 382-120-047