BACK ON MARKET. Rare 3 bedroom 1 bathroom single story home on 0.42 acres with a flat, gated, yard-style lot and a 30x30' steel shop. Ideal for the small business owner/operator or family in search of a large gated yard, oversized garage, and clean residential home with a 3 yr old roof and updated HVAC system within the last 5 yrs. Conveniently located just 2 minutes from the HWY 74 and 15 FWY offramp at Central, walking distance to shops, restaurants, Lowes, Costco, Walmart and many other amenities and business parks. The property reaches from Red Gum in the front, with potential pull-through access to Smith Rd to the rear with some very minor alteration, being located near so many amenities yet still in a rural setting. This is a very flexible and usable property that is hard to come by in the way of location, use, and condition. Sale and lot size includes the parcel to the north with separate APN and a dimension of 16'x163'. Home structure is framed on slab, not manufactured.
Sold for $425,000
Listed by: Blue Jay Realty • Jensen Kierulff • Contact: 951-430-3690
Bought with: C One 3 Group, Inc
$425,000
28392 Red Gum Dr, Lake Elsinore, CA 92532
3beds
1,000sqft
Single Family Residence
Built in 1971
0.42 Acres Lot
$464,700 Zestimate®
$425/sqft
$2,508 Estimated rent
Home value
$464,700
$428,000 - $497,000
$2,508/mo
Zestimate® history
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List your homeWhat's special
Oversized garageFlat gated yard-style lotLarge gated yardUpdated hvac system
Zillow last checked:
Listing updated:
Listed by:
Jensen Kierulff DRE #01960151 951-310-1289,
Blue Jay Realty
Bought with:
Rene Cipriano, DRE #02227865
C One 3 Group, Inc
Source: CRMLS,MLS#: SW25045096
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Converted Bedroom, Kitchen, Living Room, Workshop, Dining Room
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Tub Shower
Kitchen
- Features: Laminate Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave
- Laundry: Inside
Features
- Separate/Formal Dining Room, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Workshop
- Flooring: Laminate, Tile
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: FRONT
- Patio & porch: Covered, Front Porch
- Pool features: None
- Has view: Yes
- View description: Hills
Lot
- Size: 0.42 Acres
- Features: Back Yard, Level, Rectangular Lot, Street Level
Details
- Additional structures: Workshop
- Additional parcels included: 347150053
- Parcel number: 347150054
- Zoning: R-A-20000
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Rural, Valley
Location
- Region: Lake Elsinore
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $415,140
- Date on market: 2/28/2025
- Cumulative days on market: 15 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Submit,VA Loan
- Inclusions: LOT DIRECTLY TO NORTH APN 347-150-053 16'X168'
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2025 | Sold | $425,000$425/sqft |
Source:  CRMLS #SW25045096 Report a problem | ||
| 4/22/2025 | Pending sale | $425,000+400%$425/sqft |
Source: CRMLS #SW25045096 Report a problem | ||
| 3/2/2001 | Sold | $85,000+112.5%$85/sqft |
Source: Public Record Report a problem | ||
| 9/6/2000 | Sold | $40,000-7%$40/sqft |
Source: Public Record Report a problem | ||
| 1/17/1995 | Sold | $43,000-20.3%$43/sqft |
Source: Public Record Report a problem | ||
| 4/11/1994 | Sold | $53,929$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $415,140 +224.2% |
| 2025 | $1,371 +4.7% | $128,052 +2% |
| 2024 | $1,309 -33.1% | $125,542 +2% |
| 2023 | $1,959 +54.5% | $123,081 +2% |
| 2022 | $1,268 +2% | $120,669 +2% |
| 2021 | $1,243 +1% | $118,304 +1% |
| 2020 | $1,231 +2% | $117,092 +2% |
| 2019 | $1,207 +2% | $114,797 +2% |
| 2018 | $1,184 -11.2% | $112,547 +2% |
| 2017 | $1,332 | $110,341 -15.1% |
| 2016 | $1,332 +20.3% | $130,000 +22% |
| 2015 | $1,107 +3% | $106,554 +2% |
| 2014 | $1,075 | $104,468 +29% |
| 2013 | -- | $81,000 +8% |
| 2012 | -- | $75,000 -3.8% |
| 2011 | -- | $78,000 +18.2% |
| 2010 | -- | $66,000 -31.3% |
| 2009 | -- | $96,000 -1.5% |
| 2008 | -- | $97,504 +2% |
| 2007 | -- | $95,593 +2% |
| 2006 | -- | $93,719 +2% |
| 2005 | -- | $91,883 +3.9% |
| 2003 | -- | $88,434 +2% |
| 2002 | -- | $86,700 +44.5% |
| 2001 | $669 +24% | $60,000 +27.7% |
| 2000 | $540 | $46,989 |
Find assessor info on the county website
Neighborhood: 92532
Nearby homes
- $18,3602,613 Square Feet28392 Red Gum Dr, Lake Elsinore, CA 92532Off Market
- $550,8002 bd2 ba1.7k sqft28414 Smith Rd, Lake Elsinore, CA 92532Off Market
- $145,5002 bd1 ba480 sqft28392 1/2 Red Gum Dr, Lake Elsinore, CA 92532Off Market
- $395,7003 bd2 ba1.3k sqft28420 Red Gum Dr, Lake Elsinore, CA 92532Off Market
- $300,9003 bd2 ba1k sqft28448 Red Gum Dr, Lake Elsinore, CA 92532Off Market
- $310,0003 bd2 ba1.3k sqft28398 Smith Rd, Lake Elsinore, CA 92532Sold
- $387,4002 bd2 ba1.1k sqft28340 Red Gum Dr, Lake Elsinore, CA 92532Off Market
- $310,0003 bd2 ba1.3k sqft28398 Smith Ave, Lake Elsinore, CA 92532Sold
Nearby schools
GreatSchools rating
- 5/10Earl Warren Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Elsinore Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Temescal Canyon High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$464,700
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
$464,700
- California
- Riverside County
- Lake Elsinore
- 92532
- 28392 Red Gum Dr
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