NOT LISTED FOR SALE

Estimated Value: $523,000 - $723,000

1 Bed
1 Bath
1,111 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $500,000 $450 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,572/month

15 Days on Market

Highlights

  • Community Lake
  • Laundry Room
  • 2-minute walk to Yarborough Park
  • No HOA

About This Home

As of December 2021

This home is located at 408 N Langstaff St, Lake Elsinore, CA 92530 since 02 November 2021 and is currently estimated at $588,004, approximately $529 per square foot. This property was built in 1911. 408 N Langstaff St is a home located in Riverside County with nearby schools including Elsinore Elementary School, Elsinore Middle School, and Temescal Canyon High School.

Last Agent to Sell the Property

Sean Hwangbo

RE/MAX TIME REALTY License #01945497 Listed on: 11/02/2021

RE/MAX TIME REALTY

Last Buyer's Agent

Sean Hwangbo

RE/MAX TIME REALTY License #01945497 Listed on: 11/02/2021

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,567

Year Built

  • Built in 1911

Lot Details

  • 1,111 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 1 Parking Space

Home Design

  • 1,111 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 81
  • Tax Tract Number 1
  • Assessor Parcel Number 374061007
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Community Lake

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,567

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Price Per Unit: 170000
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: R2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 374061007
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 450.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 1111.00
  • Lot Size Acres: 0.0255

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 1111.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Actual Rent: 3025.00
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 81
  • Tax Census Tract: 430.06
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Nov 12, 2021
Sold by
Freter Glen V and Freter Glen V
Bought by
Group Xiii Properties Lp
Seller's Agent
Sean Hwangbo
RE/MAX TIME REALTY
Buyer's Agent
Sean Hwangbo
RE/MAX TIME REALTY
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$588,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,004
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Freter Glen V
Bought by
Freter Glen

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 24, 2013
Sold by
Cotto Edwin
Bought by
Freter Glen
Seller's Agent
Theresa DiCiolla
Allison James Estates & Homes
Buyer's Agent
Lorenda York
Lorenda York Realty
List Price
$259,900
Sold Price
$210,000
Premium/Discount to List
-$49,900
-19.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$157,500
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2010
Sold by
Atkinson Dolores F
Bought by
Cotto Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2004
Sold by
Atkinson Wilfred R F and Atkinson Dolores F
Bought by
Atkinson Wilfred R F and Atkinson Dolores F

Purchase Details

Closed on
Jun 14, 1997
Sold by
Bolduc J Frank and Carroll Carol M
Bought by
Estes Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,745
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 1997
Sold by
Atwood Bolduc Helen B
Bought by
Bolduc J Frank and Carroll Carol M

Purchase Details

Closed on
Jan 10, 1997
Sold by
Lines Curtis P
Bought by
Bolduc J Frank and Carroll Carol M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Group Xiii Properties Lp $500,000 Lawyers Title Company
Freter Glen -- None Available
Freter Glen $210,000 Equity Title Orange County-I
Cotto Edwin $150,000 First American Title Company
Atkinson Wilfred R F -- --
Estes Richard L $59,000 Orange Coast Title
Bolduc J Frank -- Orange Coast Title
Bolduc J Frank -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freter Glen $157,500
Previous Owner Cotto Edwin $112,500
Previous Owner Estes Richard L $58,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2021 12/09/21 Sold $500,000 -2.0% $450 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $510,000 +142.9% $459 / Sq Ft
10/23/2013 10/23/13 Sold $210,000 -19.2% -- View Prior Sale
08/29/2013 08/29/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $259,900 -- --
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 $5,567 $530,604 $132,651 $397,953
2023 $5,567 $510,000 $127,500 $382,500
2022 $2,727 $242,575 $75,081 $167,494
2021 $2,677 $237,819 $73,609 $164,210
2020 $2,652 $235,382 $72,855 $162,527
2019 $2,604 $230,768 $71,427 $159,341
2018 $2,557 $226,244 $70,027 $156,217
2017 $2,511 $221,808 $68,654 $153,154
2016 $2,425 $217,459 $67,308 $150,151
2015 $2,399 $214,195 $66,298 $147,897
2014 $2,324 $210,000 $65,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21240730

California Regional Multiple Listing Service (CRMLS)

APN: 374-061-007