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Sold for $690,000
  • Listed by: KW The Lakes • Jay Chacon • Contact: 951-816-6565
    Bought with: Premier Agency R.E. Inc
    $690,000

    34314 Otay Way, Lake Elsinore, CA 92532

    5beds
    2,889sqft
    Single Family Residence
    Built in 2007
    7,405 Square Feet Lot
    $692,700 Zestimate®
    $239/sqft
    $3,458 Estimated rent

    Home value

    $692,700

    $623,000 - $769,000

    $3,458/mo

    Zestimate® history
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    What's special

    Welcome to your dream home nestled in the sought-after Canyon Hills community! This spacious 5-bedroom, 3-bathroom residence is a perfect blend of modern convenience and comfort. The gourmet kitchen is a chef’s delight, featuring granite countertops, a large island that opens to the family room, and a state-of-the-art 36-inch, 5-burner oven with Wi-Fi and Bluetooth connectivity. Additionally, the kitchen boasts a reverse osmosis filtration system, ensuring the purest water. Enjoy cozy evenings by either of the two fireplaces or relax in one of the bedrooms, complete with a projection screen for your movie nights. The home is equipped with an Eco bee smart thermostat and a whole-house water softener system for enhanced living. Step outside to your private oasis, featuring apricot, orange, and lemon trees, a fire pit, and a newer awning with electrical setup, perfect for outdoor entertaining. The backyard also includes a tough shed for extra storage and PAID-OFF solar panels to help you save on energy costs. Located close to elementary school, stores, and restaurants, this home offers easy access to the best amenities, including sports parks, pools, and walking trails, all maintained by the HOA. Don’t miss out on this incredible opportunity to own a slice of paradise in Canyon Hills!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Chacon DRE #02146090 Jaychacon@kw.com,

    KW The Lakes

    Bought with:

    Tizoc Hernandez, DRE #01480598

    Premier Agency R.E. Inc

    Source: CRMLS,MLS#: IG24182556MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Cooktop, Microwave, Water Softener, Water Purifier
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Open Floorplan, Bedroom on Main Level
    • Flooring: Carpet, Tile, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,889 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,405 Square Feet
    • Features: Front Yard, Lawn, Landscaped
    Details
    • Parcel number: 358280015
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Dog Park, Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks
    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly
    • HOA name: Cottonwood Canyon Hills
    • HOA phone: 800-400-2284
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $691,820
    • Annual tax amount: $9,847
    • Date on market: 9/3/2024
    • Cumulative days on market: 21 days
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    2/28/2025Sold$690,000+1.6%$239/sqft
    Source: CRMLS #IG24182556 Report a problem
    1/28/2025Pending sale$679,000$235/sqft
    Source: CRMLS #IG24182556 Report a problem
    1/24/2025Listed for sale$679,000+6.1%$235/sqft
    Source: CRMLS #IG24182556 Report a problem
    4/29/2022Sold$640,000+0%$222/sqft
    Source: Public Record Report a problem
    4/13/2022Pending sale$639,900$221/sqft
    Source: CRMLS #IG22069636 Report a problem
    4/7/2022Listed for sale$639,900+82.8%$221/sqft
    Source: CRMLS #IG22069636 Report a problem
    8/8/2014Sold$350,000+40%$121/sqft
    Source: Public Record Report a problem
    1/29/2009Sold$250,000+0%$87/sqft
    Source: Public Record Report a problem
    12/15/2008Price change$249,900-8.3%$87/sqft
    Source: SecondSpace #20473473 Report a problem
    11/19/2008Listed for sale$272,500-2.7%$94/sqft
    Source: SecondSpace #20473473 Report a problem
    9/17/2008Sold$280,000-44%$97/sqft
    Source: Public Record Report a problem
    2/22/2007Sold$500,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,847 +0%$691,820 +3.9%
    2024$9,844 -16.1%$665,856 +2%
    2023$11,734 +34.6%$652,800 +64.7%
    2022$8,718 -17.5%$396,380 +2%
    2021$10,570 +0.9%$388,609 +1%
    2020$10,475 +1.6%$384,625 +2%
    2019$10,312 +2.7%$377,084 +2%
    2018$10,039 +1.5%$369,691 +2%
    2017$9,889 $362,443 +2%
    2016$9,889 +31.2%$355,337 +1.5%
    2015$7,536 +18.3%$350,000 +33.3%
    2014$6,371 $262,618 +4.6%
    2013-- $251,000 +3.7%
    2012-- $242,000 +2.1%
    2011-- $237,000 +2.2%
    2010-- $231,801 -17.2%
    2009-- $280,000 -20.2%
    2008-- $351,000 -36.8%
    2007-- $555,352 +302.2%
    2006-- $138,091
    Find assessor info on the county website

    Neighborhood: 92532

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $692,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $692,700