NOT LISTED FOR SALE

701 W Limited Ave Lake Elsinore, CA 92530

Lake Elsinore Historic District Neighborhood

Estimated Value: $418,000 - $496,000

2 Beds
1 Bath
688 Sq Ft
$673/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $410,000 $596 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,893/month

2 Days on Market

Highlights

  • Spa
  • Lake View
  • Corner Lot
  • Fishing
  • Community Lake
  • 2-minute walk to Elm Grove Beach

About This Home

As of August 2021

Don't miss this opportunity! This home features one of the BEST views of the lake! Built in 1922, this lake house bungalow has recently been remodeled with an open floor plan and serene outdoor space. Harwood floors throughout, recessed lighting, and wall to wall windows that provide stunning lake views. The kitchen has been remodeled with new cabinets, granite counter-tops, and stainless steel appliances. The doors and windows have been replaced and upgraded with beautiful attention to detail and style even including the pocket doors. The remodeled bathroom boasts a large tub and shower with natural tumbled stone tile accents. Corner lot location with large two-car driveway leading into the detached two-car garage.

Last Agent to Sell the Property

Sofia Chacon

KW The Lakes License #01763659 Listed on: 07/26/2021

KW The Lakes

Last Buyer's Agent

Dina Clem

Heather Reeves, Broker License #01306239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Garden
  • Back Yard
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 688 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 12
  • Assessor Parcel Number 374241022

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,498

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 374241022
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 688.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 595.93
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bedroom
  • Spa Features: Private

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Lake

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Garden
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 430.06
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 10, 2021
Sold by
Rutherford Shelby Michelle
Bought by
Clem Nancy A and The John R And Nancy A Clem Fa
Seller's Agent
Sofia Chacon
KW The Lakes
Buyer's Agent
Dina Clem
Heather Reeves, Broker
List Price
$369,000
Sold Price
$410,000
Premium/Discount to List
$41,000
11.11%
Current Estimated Value
$463,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,111
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 24, 2020
Sold by
Enniss Gary L and Enniss Marty L
Bought by
Rutherford Shelby Michelle
Seller's Agent
Tessa Ecker
Coldwell Banker Assoc Brkr-SC
Buyer's Agent
Santa Pena Morphis
Coldwell Banker Assoc.Brkr-Mur
List Price
$325,999
Sold Price
$310,000
Premium/Discount to List
-$15,999
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.01%
Original Mortgage
$317,130
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Oct 2, 2015
Sold by
Enniss Gary L and Enniss Martha L
Bought by
Gary L & Marty L Enniss Trust

Purchase Details

Closed on
May 5, 1999
Sold by
Difiore Rene and Difiore John V
Bought by
Enniss Gary L and Enniss Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,020
Interest Rate
7.05%
Mortgage Type
FHA
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
Clem Nancy A $410,000 Lawyers Title
Rutherford Shelby Michelle $310,000 Orange Coast Title Co
Gary L & Marty L Enniss Trust -- None Available
Enniss Gary L $84,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rutherford Shelby Michelle $317,130
Previous Owner Enniss Gary L $177,700
Previous Owner Enniss Gary L $260,000
Previous Owner Enniss Gary L $107,000
Previous Owner Enniss Gary L $20,000
Previous Owner Enniss Gary L $104,000
Previous Owner Enniss Gary L $84,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $410,000 +11.1% $596 / Sq Ft
08/06/2021 08/06/21 For Sale $369,000 -10.0% $536 / Sq Ft
08/06/2021 08/06/21 Off Market $410,000 -- --
07/28/2021 07/28/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $369,000 +19.0% $536 / Sq Ft
04/17/2020 04/17/20 Sold $310,000 -4.9% $451 / Sq Ft
02/18/2020 02/18/20 For Sale $325,999 -- $474 / 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 $4,498 $435,094 $79,590 $355,504
2023 $4,498 $418,200 $76,500 $341,700
2022 $4,356 $410,000 $75,000 $335,000
2021 $3,353 $313,211 $75,777 $237,434
2020 $1,283 $120,385 $64,495 $55,890
2019 $1,259 $118,026 $63,231 $54,795
2018 $1,235 $115,713 $61,991 $53,722
2017 $1,211 $113,445 $60,776 $52,669
2016 $1,168 $111,222 $59,585 $51,637
2015 $1,227 $109,553 $58,691 $50,862
2014 $1,187 $107,409 $57,543 $49,866
Source: Public Records

Agents Affiliated with this Home

  • Sofia Chacon

    Seller's Agent in 2021

    Sofia Chacon

    KW The Lakes

    (951) 258-5245

    1 in this area

    104 Total Sales

    Sofia Chacon
    Section Image

  • D

    Buyer's Agent in 2021

    Dina Clem

    Heather Reeves, Broker

    (949) 378-8660

    1 in this area

    24 Total Sales

    Dina Clem
    Section Image

  • T

    Seller's Agent in 2020

    Tessa Ecker

    Coldwell Banker Assoc Brkr-SC

    Section Image
  • Santa Pena Morphis

    Buyer's Agent in 2020

    Santa Pena Morphis

    Coldwell Banker Assoc.Brkr-Mur

    (951) 760-8925

    29 Total Sales

    Santa Pena Morphis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21163920

California Regional Multiple Listing Service (CRMLS)

APN: 374-241-022

California Riverside County Lake Elsinore 92530 Lake Elsinore Historic District

701 W Limited Ave, Lake Elsinore, CA

This home is located at 701 W Limited Ave, Lake Elsinore, CA 92530 since 26 July 2021 and is currently estimated at $463,111, approximately $673 per square foot. This property was built in 1922. 701 W Limited Ave 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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