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Sold for $580,000
  • Listed by: Inland Valley Realty • John Metcalf • Contact: 951-678-1028
    Bought with: Realty One Group West
    $580,000

    16500 Mountain St, Lake Elsinore, CA 92530

    4beds
    1,716sqft
    Single Family Residence
    Built in 1987
    7,405 Square Feet Lot
    $595,700 Zestimate®
    $338/sqft
    $2,990 Estimated rent

    Home value

    $595,700

    $566,000 - $625,000

    $2,990/mo

    Zestimate® history
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    What's special

    Amazing single story 4 bedroom, 2 bath home with an assumable $340,000 FHA loan at 2.875%. Located in a great neighborhood adjacent to the Alberhill community and close to multiple new developments in progress. Low taxes and no HOA fees. Just minutes away from the I-15, and the Lake. The 7,400 square foot lot features a spacious rear yard with a covered patio that’s perfect for entertaining or family get-togethers. The interior features ceramic tile floors with a wood like finish. A large family room with a cozy fireplace, a dining room and a breakfast nook in the kitchen. The kitchen features granite counter tops and stainless steel appliances. The garage has been converted into fully independent living quarters including a kitchen and restroom. Perfect for multi-generational family, guest quarters, short-term vacation rental, long term rental etc. Or, could be converted back into a 3-Car garage. Lake Elsinore is ranked as the one of the fastest growing cities in California and home to the largest natural lake in Southern California. Known for its extreme sports including sky-diving, moto cross riding, hang gliding, horseback riding, water skiing, wake boarding, and more. The city also has a minor league baseball stadium and an 18-hole golf course. Centrally located in Southwest Riverside County, it's just minutes away to Orange County beaches, the famous Temecula wineries, Pechanga Casino and less than an hour drive to San Diego.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Metcalf DRE #01014401 951-678-1028,

    Inland Valley Realty

    Bought with:

    Alexander Diaz, DRE #02187030

    Realty One Group West

    Source: CRMLS,MLS#: SW23172586MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub
    Kitchen
    • Features: Granite Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave
    • Laundry: Washer Hookup, Laundry Room
    Features
    • Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Flooring: Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,716 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Direct Access, Driveway, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Concrete, Covered, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 7,405 Square Feet
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Yard
    Details
    • Additional structures: Shed(s)
    • Parcel number: 389383022
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Spanish Tile
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Storm Drain(s)
    • Security: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $338/sqft
    • Tax assessed value: $591,600
    • Annual tax amount: $6,363
    • Date on market: 9/21/2023
    • Cumulative days on market: 27 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,FHA,Submit,VA Loan
    • Inclusions: Storage shed in back yard. "Ring" cameras and door bell.
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/21/2023Sold$580,000+0%$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    11/17/2023Pending sale$579,900$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    10/19/2023Contingent$579,900$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    10/19/2023Listed for sale$579,900$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    10/17/2023Contingent$579,900$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    9/21/2023Listed for sale$579,900+55.7%$338/sqft
    Source: CRMLS #SW23172586 Report a problem
    4/30/2018Sold$372,500+0.7%$217/sqft
    Source: Public Record Report a problem
    4/30/2018Listed for sale$369,900$216/sqft
    Source: Coldwell Banker Res-Murrieta #SW18073185 Report a problem
    4/6/2018Pending sale$369,900$216/sqft
    Source: Coldwell Banker Residential Brokerage - Murrieta #SW18073185 Report a problem
    3/31/2018Listed for sale$369,900+68.1%$216/sqft
    Source: Coldwell Banker Res-Murrieta #SW18073185 Report a problem
    1/30/2014Sold$220,000-2.2%$128/sqft
    Source: Public Record Report a problem
    10/25/2013Sold$225,000-43.5%$131/sqft
    Source: Public Record Report a problem
    4/4/2007Sold$398,500+77.1%$232/sqft
    Source: Public Record Report a problem
    5/29/2003Sold$225,000+66.7%$131/sqft
    Source: Public Record Report a problem
    5/27/1999Sold$135,000+33.7%$79/sqft
    Source: Public Record Report a problem
    1/24/1996Sold$101,000+12.1%$59/sqft
    Source: Public Record Report a problem
    7/26/1995Sold$90,100$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,363 +4.7%$591,600 +2%
    2024$6,079 +40.4%$580,000 +42.4%
    2023$4,331 +2%$407,270 +2%
    2022$4,248 +2%$399,285 +2%
    2021$4,166 +1%$391,457 +1%
    2020$4,124 +1.9%$387,444 +2%
    2019$4,046 +62.2%$379,848 +60.3%
    2018$2,494 +2%$237,014 +2%
    2017$2,446 $232,368 +2%
    2016$2,446 +5%$227,813 +1.5%
    2015$2,329 -1.8%$224,394 -0.3%
    2014$2,372 $225,000 +25%
    2013-- $180,000 +3.4%
    2012-- $174,000 +13%
    2011-- $154,000 +9.2%
    2010-- $141,000 -9.6%
    2009-- $156,000 -47.1%
    2008-- $295,000 +21.3%
    2007-- $243,226 +2%
    2006-- $238,458 +2%
    2005-- $233,783 +60%
    2003-- $146,126 +2%
    2002-- $143,262 +2%
    2001$1,546 +1.7%$140,454 +2%
    2000$1,521 $137,700
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

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    Estimated market value
    $595,700
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    Estimated market value
    $595,700