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Sold for $485,000
    • Listed by: Lion Heart Realty • Justin Schaller • Contact: 800-994-3704
    Bought with: Redfin Corporation
    Tax assessed value
    $485,000

    1005 W Sumner Ave, Lake Elsinore, CA 92530

    3beds
    1,450sqft
    Single Family Residence
    Built in 1968
    8,712 Square Feet Lot
    $522,000 Zestimate®
    $334/sqft
    $2,805 Estimated rent

    Home value

    $522,000

    $496,000 - $548,000

    $2,805/mo

    Zestimate® history
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    What's special

    Discover your dream home in the heart of Lake Elsinore's growing community, just a stone's throw away from the vibrant Old Town. This beautiful 3-bedroom, 2-bathroom house is perched on a hilltop, offering breathtaking views of the serene lake in a peaceful residential neighborhood. Imagine waking up to the tranquil sights of the shimmering lake every morning, feeling like you're on a retreat right at home. With plenty of space and natural light, this house is perfect for those looking for a peaceful oasis. But that's not all - this property is a visionary's paradise! Bring your architect and explore the endless possibilities on the hilltop pad, which is more than ready for your Additional Dwelling Unit (ADU). This investment opportunity is a must-see for anyone looking to create their own custom living space or generate additional rental income. Don't miss out on the chance to own a piece of paradise in Lake Elsinore. Schedule a viewing today and make your dream home a reality! Buyer to verify & do all due diligence with city and planning for building ADU, public property records indicate 2 bedroom 1 bath on this home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Schaller DRE #01457879 949-910-8253,

    Lion Heart Realty,

    Co-Listing Agent: Rebecca Hinkle DRE #01908059 818-425-4118,

    Lion Heart Realty

    Bought with:

    Janice Sadler, DRE #01359319

    Redfin Corporation

    Source: CRMLS,MLS#: OC24117069MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Inside, Laundry Closet
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,450 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Hills, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Across the Road from Lake/Ocean
    Lot
    • Size: 8,712 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 374081018
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Lake, Sidewalks, Water Sports
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $334/sqft
    • Tax assessed value: $485,000
    • Annual tax amount: $5,660
    • Date on market: 6/8/2024
    • Cumulative days on market: 80 days
    • Listing terms: Conventional,FHA,Freddie Mac,Government Loan,Submit

    Price history

    DateEventPrice
    9/26/2024Sold$485,000-2%$334/sqft
    Source: CRMLS #OC24117069 Report a problem
    9/6/2024Pending sale$495,000$341/sqft
    Source: CRMLS #OC24117069 Report a problem
    8/27/2024Listing removed$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    8/14/2024Listed for rent$2,600+48.6%$2/sqft
    Source: Zillow Rentals Report a problem
    8/11/2024Price change$495,000-2%$341/sqft
    Source: CRMLS #OC24117069 Report a problem
    8/2/2024Price change$505,000-0.8%$348/sqft
    Source: CRMLS #OC24117069 Report a problem
    7/26/2024Price change$509,000-5.6%$351/sqft
    Source: CRMLS #OC24117069 Report a problem
    7/18/2024Price change$539,000-0.2%$372/sqft
    Source: CRMLS #OC24117069 Report a problem
    7/11/2024Listed for sale$539,900$372/sqft
    Source: CRMLS #OC24117069 Report a problem
    7/9/2024Pending sale$539,900$372/sqft
    Source: CRMLS #OC24117069 Report a problem
    6/29/2024Price change$539,900-6.8%$372/sqft
    Source: CRMLS #OC24117069 Report a problem
    6/8/2024Listed for sale$579,000+112.1%$399/sqft
    Source: CRMLS #OC24117069 Report a problem
    4/14/2020Listing removed$1,750$1/sqft
    Source: The Property Management Connection Report a problem
    3/30/2020Listed for rent$1,750$1/sqft
    Source: The Property Management Connection Report a problem
    3/27/2020Sold$273,000-0.7%$188/sqft
    Source: Public Record Report a problem
    2/24/2020Pending sale$274,900$190/sqft
    Source: California Regional MLS #OC20015314 Report a problem
    2/12/2020Price change$274,900-1.8%$190/sqft
    Source: California Regional MLS #OC20015314 Report a problem
    1/30/2020Pending sale$279,900+1.8%$193/sqft
    Source: California Regional MLS #OC20015314 Report a problem
    1/22/2020Listed for sale$274,900+45.1%$190/sqft
    Source: California Regional MLS #OC20015314 Report a problem
    5/28/2019Sold$189,500+126.9%$131/sqft
    Source: Public Record Report a problem
    1/31/2000Sold$83,500+98.8%$58/sqft
    Source: Public Record Report a problem
    10/28/1999Sold$42,000$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,660 +60%$485,000 +65.7%
    2024$3,538 +1.4%$292,708 +2%
    2023$3,490 +2.1%$286,970 +2%
    2022$3,419 +2.8%$281,344 +2%
    2021$3,327 +35.1%$275,828 +42.7%
    2020$2,464 +111.4%$193,290 +155.1%
    2019$1,166 +2.4%$75,756 +2%
    2018$1,138 +1.1%$74,271 +2%
    2017$1,125 $72,816 +2%
    2016$1,125 +7.5%$71,390 +1.5%
    2015$1,047 +2.6%$70,319 +2%
    2014$1,021 $68,943 +0.5%
    2013-- $68,634 +2%
    2012-- $67,289 +2%
    2011-- $65,971 +0.7%
    2010-- $65,480 -0.2%
    2009-- $65,637 +2%
    2008-- $64,350 +2%
    2007-- $63,089 +2%
    2006-- $61,853 +2%
    2005-- $60,641 +3.9%
    2003-- $58,366 +2%
    2002-- $57,222 +2%
    2001$832 -6.6%$56,100 +2%
    2000$891 $55,000
    Find assessor info on the county website

    Neighborhood: 92530

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    Estimated market value
    $522,000
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    Estimated market value
    $522,000

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