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Sold for $428,000
  • Listed by: Re/Max Top Producers • Nicole Rankin • Contact: 951-805-2227
    Bought with: West One Properties
    Tax assessed value
    $428,000

    308 W Heald Ave, Lake Elsinore, CA 92530

    1beds
    534sqft
    Single Family Residence
    Built in 1946
    6,534 Square Feet Lot
    $448,600 Zestimate®
    $801/sqft
    $1,754 Estimated rent

    Home value

    $448,600

    $422,000 - $476,000

    $1,754/mo

    Zestimate® history
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    What's special

    ***TWO HOMES ON EXPANSIVE LOT*** Discover this beautifully upgraded bungalow just a stroll from Main Street. This property offers a unique opportunity for first-time home buyers or investors. The main house features a cozy 1 bed 1 bath layout that has been tastefully renovated. Upon entry you are greeted with a light, bright & open layout, LVP flooring, custom butcher block countertops & thoughtful finishes that enhance the bungalows character. Oversized primary bedroom with en-suite bathroom that boasts tile shower/tub combo. In addition to the main house, the property includes a back studio offering excellent investment opportunity. This space is perfect to serve as a rental unit, guest house or multi-generational home with a vintage kitchenette and remodeled bathroom with custom tile stand-in shower. Situated on a large lot there is ample space for future expansions. Enjoy hosting gatherings under your covered patio. Additionally, you will find citrus trees lined down the yard and 2 sheds for all your storage needs! Other upgrades include laundry room, new roof ensuring peace of mind and longevity and gated entry for your privacy. Don't miss out on this rare find combining old charm with modern upgrades!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Rankin DRE #01974642 951-805-2227,

    Re/Max Top Producers,

    Co-Listing Agent: Nelson Rodriguez DRE #01280315 951-735-1700,

    Re/Max Top Producers

    Bought with:

    Eric Rojas, DRE #02029429

    West One Properties

    Source: CRMLS,MLS#: SW24126049MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Kitchenette
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Built-In Range, Gas Oven, Gas Water Heater
    • Laundry: Laundry Room, Stacked
    Features
    • Breakfast Area, Open Floorplan, All Bedrooms Down, Bedroom on Main Level
    • Flooring: Laminate, Vinyl
    • 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: 534 sqft

    Property

    Parking
    • Parking features: Concrete, Driveway
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Patio & porch: Covered, Front Porch
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,534 Square Feet
    • Features: 0-1 Unit/Acre, Front Yard, Yard
    Details
    • Additional structures: Guest House Detached, Guest House, Shed(s), Two On A Lot
    • Parcel number: 374171003
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Concrete, Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $801/sqft
    • Tax assessed value: $428,000
    • Annual tax amount: $4,632
    • Date on market: 6/27/2024
    • Cumulative days on market: 2 days
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2024Sold$428,000+1.9%$801/sqft
    Source: CRMLS #SW24126049 Report a problem
    7/6/2024Pending sale$419,880$786/sqft
    Source: CRMLS #SW24126049 Report a problem
    6/27/2024Listed for sale$419,880+124.5%$786/sqft
    Source: CRMLS #SW24126049 Report a problem
    5/15/2018Sold$187,000-5.4%$350/sqft
    Source: Public Record Report a problem
    4/7/2018Pending sale$197,700$370/sqft
    Source: Tarbell, REALTORS #SW18056502 Report a problem
    4/5/2018Listed for sale$197,700$370/sqft
    Source: Tarbell, REALTORS #SW18056502 Report a problem
    4/4/2018Pending sale$197,700$370/sqft
    Source: Tarbell, REALTORS #SW18056502 Report a problem
    3/12/2018Listed for sale$197,700+464.9%$370/sqft
    Source: Tarbell, REALTORS #SW18056502 Report a problem
    8/19/1997Sold$35,000$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,632 +105.3%$428,000 +105.2%
    2024$2,256 +1.2%$208,596 +2%
    2023$2,228 +1.9%$204,507 +2%
    2022$2,186 +1.9%$200,498 +2%
    2021$2,145 +1%$196,568 +1%
    2020$2,124 $194,554 +2%
    2019-- $190,740 +228%
    2018$711 +1.7%$58,153 +2%
    2017$700 $57,013 +2%
    2016$700 +3.8%$55,896 +1.5%
    2015$674 +3.3%$55,059 +2%
    2014$652 $53,983 +0.5%
    2013-- $53,741 +2%
    2012-- $52,688 +2%
    2011-- $51,656 +0.7%
    2010-- $51,272 -0.2%
    2009-- $51,396 +2%
    2008-- $50,389 +2%
    2007-- $49,402 +20.8%
    2006-- $40,885 +2%
    2005-- $40,084 +3.9%
    2003-- $38,581 +2%
    2002-- $37,825 +2%
    2001$494 +0.7%$37,085 +2%
    2000$491 $36,359
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $448,600
    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
    $448,600