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Sold for $550,000
  • Listed by: IDEAL REALTY • MICHAEL NG • Contact: 626-734-2721
    Bought with: McGovern Real Estate Group
    Tax assessed value
    $550,000

    15157 Lincoln St, Lake Elsinore, CA 92530

    3beds
    1,432sqft
    Single Family Residence
    Built in 1919
    0.59 Acres Lot
    $625,100 Zestimate®
    $384/sqft
    $2,723 Estimated rent

    Home value

    $625,100

    $594,000 - $656,000

    $2,723/mo

    Zestimate® history
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    What's special

    Picturesque landscapeIn-ground poolTranquil gardensNew flooringExpansive propertyRenovation potentialAlfresco dining pavilion
    Investors! Investors! Introducing a charming residence wrapped in the picturesque landscape of Lake Elsinore. Walking distance to the lake and minutes from the 15 freeway, this 1,432 sqft. house, with its 3 bedrooms and 1.5 bathrooms, boasting almost 26,000 sq ft. lot offers a canvas ripe for the discerning creative eye. Freshly fitted with new flooring, the interiors are mere footsteps from becoming a masterpiece. A fireplace awaits those cold winter nights, and while the heater and kitchen may need some upgrading, the potential for this property is endless. Imagine transforming the expansive property's ample 26,000 square feet lot, inviting your investment and/or landscaping artistry. Here is the space for potential ADUs or new-builds across the backyard. Utilize the space to bloom tranquil gardens or establish a vibrant playground under the Californian sun, or even integrate extravagant amenities such as an in-ground pool or an alfresco dining pavilion. For the interior 1,432-square-foot layout—base your endeavors on the home’s robust renovation potential. Whether you're a craftsman at heart or an alteration enthusiast, the very structure eagerly awaits its metamorphosis. Enhance the attic into an artist's alcove or a writer’s retreat. Descend into the basement—ideal for refining into a home cinema or a safety storage space. With the tranquil Lake Elsinore just nearby, envision serene mornings spent by the water, returning to the comfort of your personalized abode. Nearby, educational institutions like Lakeside High School and Machado Elementary anchor the community, while local attractions like the Launch Pointe Recreation Destination beckon for weekend adventures. Indulge in the delightful flavors of the nearby El Comal, satisfy your BBQ cravings at Jack’s Bar-B-Q, or fetch your essentials at the proximate Albertsons. This property is not merely a home but a foundation for your dreams and definition of luxury. A perfect blend of possibility and promise, tailored for those who see not only what is but what can be. Welcome, investor aficionados: Are you ready to leave your legacy in Lake Elsinore? Property to be sold in as-is condition. Buyer to do their own due diligence. Please give at least 2 hours notice for showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL NG DRE #01249706 626-734-2721,

    IDEAL REALTY

    Bought with:

    Jill McGovern, DRE #01382632

    McGovern Real Estate Group

    Source: CRMLS,MLS#: WS24207180MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Attic, Basement, Den, Kitchen, Laundry
    Bathroom
    • Features: Bathtub, Walk-In Shower
    Kitchen
    • Features: Laminate Counters
    Heating
    • None
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Range, Refrigerator
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Attic
    • Flooring: Laminate, Vinyl
    • Windows: Wood Frames
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,432 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Door-Single, Driveway, Garage Faces Front, Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Front Porch
    • Pool features: None
    • Spa features: None
    • Fencing: Fair Condition,Wire
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    Lot
    • Size: 0.59 Acres
    • Features: Rectangular Lot, Value In Land
    Details
    • Parcel number: 379291009
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Drywall
    • Foundation: Combination
    • Roof: Shingle
    Condition
    • Additions/Alterations
    • New construction: No
    • Year built: 1919

    Utilities & green energy

    • Electric: 220 Volts in Laundry, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected

    Community & HOA

    Community
    • Features: Fishing, Lake, Park, Sidewalks, Water Sports
    • Security: Prewired
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $550,000
    • Annual tax amount: $5,890
    • Date on market: 10/6/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Cash to Existing Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/31/2024Sold$550,000-1.6%$384/sqft
    Source: CRMLS #WS24207180 Report a problem
    10/16/2024Contingent$559,000$390/sqft
    Source: CRMLS #WS24207180 Report a problem
    10/7/2024Listed for sale$559,000+36.3%$390/sqft
    Source: CRMLS #WS24207180 Report a problem
    2/24/2022Sold$410,000+2.5%$286/sqft
    Source: Public Record Report a problem
    1/25/2022Pending sale$399,999$279/sqft
    Source: CRMLS #SW21268914 Report a problem
    1/13/2022Listed for sale$399,999$279/sqft
    Source: CRMLS #SW21268914 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,890 +31.9%$550,000 +28.9%
    2024$4,467 +1.3%$426,564 +2%
    2023$4,411 +79.5%$418,200 +82.1%
    2022$2,457 +2%$229,666 +2%
    2021$2,410 +1%$225,163 +1%
    2020$2,386 +1.9%$222,855 +2%
    2019$2,341 +1.9%$218,486 +2%
    2018$2,297 +1.9%$214,203 +2%
    2017$2,253 $210,004 +2%
    2016$2,253 +5%$205,887 +1.5%
    2015$2,147 +3.4%$202,797 +2%
    2014$2,076 $198,827 +0.5%
    2013-- $197,930 +2%
    2012-- $194,050 +2%
    2011-- $190,247 +0.8%
    2010-- $188,827 -0.2%
    2009-- $189,277 +2%
    2008-- $185,567 +2%
    2007-- $181,930 +2%
    2006-- $178,364 +2%
    2005-- $174,868 +3.9%
    2003-- $168,300 +13%
    2002-- $149,000
    2001$1,600 +47.1%$149,000 +52%
    2000$1,088 $98,000
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Machado
    • Middle: Terra Cotta
    • High: Lakeside

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $625,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $625,100