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For sale
  • Listed by: BHHS CA Properties • Jill Ross • Contact: 951-751-3556
    $498,000

    33161 Pederson St, Lake Elsinore, CA 92530

    2beds
    931sqft
    : 
    $3,310/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    0.29 Acres Lot
    $497,000 Zestimate®
    $535/sqft
    $-- HOA

    What's special

    Abundant natural lightTwo lots includedRefreshed paintCharming mid-century bungalowClassic architectural gablesUpdated blinds throughoutUpgraded flooring
    TWO LOTS INCLUDED!! This is a rare opportunity to own a charming mid-century bungalow, AND the additional adjoining parcel that is also included! Per Realist Tax, the two properties combined form a lot of approx.12,632 sq ft, and they are located just a few blocks from the lake. The property offers great flexibility with plenty of space for outdoor activities and lots of room to park an extra car, an RV, a boat, or other toys. A charming front gable with wood railings enhances the entry, while a newer concrete pad off the side door creates a great space for BBQs, or dining al-fresco under the stars. Inside, you’ll find laminate flooring, refreshed paint, smooth ceilings, dual-pane E-glass windows, and updated doors that enhance both comfort and efficiency. This delightful single story home features classic architectural gables, abundant natural light, a bright, sunny, and cheerful interior that flows throughout the home. The spaces feel open & colorful, with sunlight pouring in to create a warm, welcoming atmosphere. The spacious, light, and bright kitchen has upgraded counters, a newer gas range, custom glass front cabinets, and plenty of room for a breakfast table and chairs where you can enjoy a morning meal while you take in the view through the picture window of the sparkling mountain vistas. The interior floor plan includes 2 well-sized bedrooms and 1 bath. The elegant living room and comfortable dining room have lots of framed windows and upgraded flooring. The spacious primary bedroom has a walk-in closet. Ceiling fans are located in the living room, kitchen, and both bedrooms. The kitchen includes an updated faucet, and the home features updated blinds throughout. A converted garage serves as extra storage or a flexible art or craft space, offering opportunity for finishing touches and personalization. The utility room has been converted into a functional indoor laundry area, and there is even a convenient hallway linen closet. Other important updates to this special home took place, per the seller approximately 8 years ago, and include replacing the roof, adding dual pane windows, updating the siding, and upgrading the interior and exterior doors. This is a home filled with light, character, and charm —offering comfort today and possibilities for tomorrow. Whether you're a homebuyer with a vision, or an investor looking to find your next project, this versatile 2-bedroom, 1-bathroom home with an additional adjoining parcel could be it.
    71 days
    |
    660
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Ross DRE #01296715 951-751-3556,

    BHHS CA Properties

    Source: CRMLS,MLS#: IG26104181MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Kitchen, Laundry, Living Room, Dining Room
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Range
      • Laundry: Inside, See Remarks
      Features
      • Separate/Formal Dining Room, Eat-in Kitchen, See Remarks
      • Windows: Blinds, Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 931 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Converted Garage, Direct Access, Garage
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: Concrete, Porch
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.29 Acres
      • Features: Front Yard, Street Level
      Details
      • Additional parcels included: 382022026
      • Parcel number: 382022027
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Foothills, Lake
      Location
      • Region: Lake Elsinore

      Financial & listing details

      • Price per square foot: $535/sqft
      • Tax assessed value: $70,664
      • Annual tax amount: $706
      • Date on market: 5/15/2026
      • Cumulative days on market: 71 days
      • Listing terms: Cash,Cash to New Loan,Conventional,FHA

        Estimated market value

        $497,000

        $472,000 - $522,000

        $2,577/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$498,000+730%$535/sqft
        Source: CRMLS #IG26104181 Report a problem
        5/16/2000Sold$60,000-26.7%$64/sqft
        Source: Public Record Report a problem
        12/9/1999Sold$81,907+13.8%$88/sqft
        Source: Public Record Report a problem
        1/10/1997Sold$72,000$77/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$706 +4.8%$70,664 +2%
        2024$674 +1.5%$69,279 +2%
        2023$664 +2.1%$67,921 +2%
        2022$650 +2.1%$66,591 +2%
        2021$637 +1.1%$65,286 +1%
        2020$630 +2.1%$64,618 +2%
        2019$617 +2.1%$63,352 +2%
        2018$604 +2.1%$62,110 +2%
        2017$591 $60,894 +2%
        2016$591 +4.6%$59,701 +1.5%
        2015$565 +2.8%$58,806 +2%
        2014$550 $57,656 +0.4%
        2013-- $57,398 +2%
        2012-- $56,274 +2%
        2011-- $55,172 +0.7%
        2010-- $54,762 -0.2%
        2009-- $54,894 +2%
        2008-- $53,818 +2%
        2007-- $52,764 +2%
        2006-- $51,730 +2%
        2005-- $50,716 +3.9%
        2003-- $48,814 +2%
        2002-- $47,858 +2%
        2001$793 -18%$46,920 -22.3%
        2000$967 $60,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92530

        Getting around

        38 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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