Seller's Agent in 2015
Patrick Panacci
KELLER WILLIAMS REALTY COLLEGE PARK
(909) 833-3200
1 in this area
40 Total Sales
409 W Pottery St Lake Elsinore, CA 92530
Lake Elsinore Historic District NeighborhoodEstimated Value: $710,000 - $872,000
6
Beds
6
Baths
2,774
Sq Ft
$284/Sq Ft
Est. Value
About This Home
As of December 2015Great opportunity to own a single story 3 unit building. This property offers 3 large 2 bed 2 full bath units with 3 1 car attached garages in the heart of Lake Elsinore. Forget putting your money in the bank put it in these units and retire in style.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY COLLEGE PARK License #01892274 Listed on: 09/29/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,980
Year Built
- Built in 1982
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
Parking
- 3 Car Garage
Home Design
- 2,774 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 430
- Assessor Parcel Number 374052024
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,300
- Trash Expense $816
- Water Sewer Expense $3,420
- Gross Income $2,750
- Net Operating Income $2,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 10, 2021
Sold by
Bustamante Luis A and Bustamante Jose F
Bought by
Bustamante Luis A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$315,618
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$477,778
Purchase Details
Closed on
Mar 3, 2015
Sold by
Brown Denny
Bought by
Bustamante Luis A and Bustamante Jose F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.73%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 3, 2010
Sold by
Brown Denny
Bought by
Brown Denny
Purchase Details
Closed on
Jul 7, 2009
Sold by
Tran Jessica
Bought by
Brown Denny D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2008
Sold by
Viegas Jason
Bought by
Tran Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 2008
Sold by
Washington Mutual Bank
Bought by
Viegas Jason
Purchase Details
Closed on
Oct 10, 2007
Sold by
Valles Monica
Bought by
Washington Mutual Bank Fa
Purchase Details
Closed on
Jan 23, 2006
Sold by
Rankins John
Bought by
Valles Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 1997
Sold by
Landvak and Landvak Richard A
Bought by
Barnes Richard A and Barnes Sylvia
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bustamante Luis A | -- | Placer Title Company | |
| Bustamante Luis A | $350,000 | Pacific Coast Title Company | |
| Brown Denny | -- | None Available | |
| Brown Denny D | $270,000 | Fnt | |
| Tran Jessica | $300,000 | Fidelity National Title | |
| Viegas Jason | $230,000 | Southland Title | |
| Washington Mutual Bank Fa | $407,989 | None Available | |
| Valles Monica | $485,000 | Chicago Title Company | |
| Barnes Richard A | $28,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bustamante Luis A | $343,000 | |
| Closed | Bustamante Luis A | $302,344 | |
| Closed | Bustamante Luis A | $302,344 | |
| Previous Owner | Bustamante Luis A | $343,660 | |
| Previous Owner | Brown Denny D | $198,750 | |
| Previous Owner | Tran Jessica | $225,000 | |
| Previous Owner | Valles Monica | $388,000 | |
| Previous Owner | Barnes Richard A | $76,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2015 12/04/15 | Sold | $350,000 | -2.8% | $126 / Sq Ft |
| 10/20/2015 10/20/15 | Pending | -- | -- | -- |
| 09/29/2015 09/29/15 | For Sale | $360,000 | -- | $130 / 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 |
|---|---|---|---|---|
| 2025 | $4,980 | $472,459 | $100,408 | $372,051 |
| 2023 | $4,980 | $454,114 | $96,510 | $357,604 |
| 2022 | $4,259 | $390,427 | $89,239 | $301,188 |
| 2021 | $4,179 | $382,773 | $87,490 | $295,283 |
| 2020 | $4,138 | $378,849 | $86,593 | $292,256 |
| 2019 | $4,061 | $371,422 | $84,896 | $286,526 |
| 2018 | $3,986 | $364,140 | $83,232 | $280,908 |
| 2017 | $3,912 | $357,000 | $81,600 | $275,400 |
| 2016 | $3,773 | $350,000 | $80,000 | $270,000 |
| 2015 | $3,170 | $289,979 | $69,807 | $220,172 |
| 2014 | $3,070 | $284,301 | $68,441 | $215,860 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Panacci
-
Maribel Gonzalez
M
Buyer's Agent in 2015
Maribel Gonzalez
GREENVIEW REALTY
(714) 662-3511
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV15214431
APN: 374-052-024
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