NOT LISTED FOR SALE

409 N Langstaff St Lake Elsinore, CA 92530

Lake Elsinore Historic District Neighborhood

Estimated Value: $559,000 - $636,000

4 Beds
4 Baths
1,603 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $487,000 $304 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,590/month

14 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Yarborough Park
  • Central Heating
  • 1-Story Property

About This Home

As of June 2021

Great Investment opportunity in the heart of Lake Elsinore.

Last Agent to Sell the Property

Dan Locascio

Re/Max Platinum Realty License #00928183 Listed on: 03/17/2021

Re/Max Platinum Realty

Last Buyer's Agent

Amanda Corrales

Home Smart Realty Group License #01492186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,427

Year Built

  • Built in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 9 / 80
  • Tax Tract Number 4300
  • Assessor Parcel Number 374052014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,500
  • New Taxes Expense $5,000
  • Operating Expense $6,500
  • Gross Income $28,680
  • Net Operating Income $25,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,427

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 374052014
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 303.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 28680.00
  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 25180.00
  • Number Of Units Total: 2
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Expenses: 6500.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Block: 80
  • Tax Census Tract: 430.06
  • Tax Lot: 9
  • Tax Tract Number: 04300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 16, 2021
Sold by
Jimenez Cesar
Bought by
Nurgaliyev Kabi
Seller's Agent
Dan Locascio
Re/Max Platinum Realty
Buyer's Agent
Amanda Corrales
Home Smart Realty Group
List Price
$489,900
Sold Price
$487,000
Premium/Discount to List
-$2,900
-0.59%
Current Estimated Value
$573,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,104
Avg. Annual Appreciation
4.14%
Original Mortgage
$478,179
Outstanding Balance
$434,813
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$141,009

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 13, 2021
Sold by
Issayeva Altynay
Bought by
Nurgaliyev Kabi
Seller's Agent
Dan Locascio
Re/Max Platinum Realty
Buyer's Agent
Amanda Corrales
Home Smart Realty Group
List Price
$489,900
Sold Price
$487,000
Premium/Discount to List
-$2,900
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,179
Outstanding Balance
$434,813
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$141,009

Purchase Details

Closed on
Jan 4, 2021
Sold by
Guiterrez Dafne Doraly
Bought by
Jimenez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Baker William A
Bought by
Jimenez Cesar
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
Nurgaliyev Kabi $487,000 Fidelity National Title
Nurgaliyev Kabi -- Fidelity National Title
Jimenez Cesar -- Lawyers Title
Jimenez Cesar $25,000 Diversified Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nurgaliyev Kabi $478,179
Previous Owner Jimenez Cesar $264,000
Previous Owner Jimenez Cesar $200,000
Previous Owner Jimenez Cesar $126,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $487,000 0.0% $304 / Sq Ft
06/25/2021 06/25/21 Sold $487,000 -0.6% $304 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $489,900 0.0% $306 / Sq Ft
02/12/2021 02/12/21 For Sale $489,900 -- $306 / 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 $5,427 $527,141 $81,181 $445,960
2023 $5,427 $506,674 $78,030 $428,644
2022 $5,255 $496,740 $76,500 $420,240
2021 $1,950 $177,655 $33,437 $144,218
2020 $1,931 $175,835 $33,095 $142,740
2019 $1,895 $172,389 $32,447 $139,942
2018 $1,860 $169,010 $31,811 $137,199
2017 $1,826 $165,697 $31,188 $134,509
2016 $1,761 $162,449 $30,577 $131,872
2015 $1,743 $160,011 $30,119 $129,892
2014 $1,687 $156,879 $29,530 $127,349
Source: Public Records

Agents Affiliated with this Home

  • Dan Locascio

    Seller's Agent in 2021

    Dan Locascio

    RE/MAX

    (909) 938-3665

    3 in this area

    59 Total Sales

    Section Image
  • Amanda Corrales

    Buyer's Agent in 2021

    Amanda Corrales

    Home Smart Realty Group

    (562) 665-7223

    2 in this area

    9 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21056216

California Regional Multiple Listing Service (CRMLS)

APN: 374-052-014

California Riverside County Lake Elsinore 92530 Lake Elsinore Historic District

409 N Langstaff St, Lake Elsinore, CA

This home is located at 409 N Langstaff St, Lake Elsinore, CA 92530 since 17 March 2021 and is currently estimated at $593,775, approximately $370 per square foot. This property was built in 2004. 409 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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