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Sold for $460,000
  • Listed by: SDL Real Estate • Danny Savant • Contact: 951-302-5300
    Bought with: Cielo Home Group
    $460,000

    408 Granite St, Lake Elsinore, CA 92530

    3beds
    1,392sqft
    Single Family Residence
    Built in 1978
    6,970 Square Feet Lot
    $495,400 Zestimate®
    $330/sqft
    $2,789 Estimated rent

    Home value

    $495,400

    $471,000 - $520,000

    $2,789/mo

    Zestimate® history
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    What's special

    First time homebuyers, this is the house for you! Three bedrooms, two bathrooms in downtown Lake Elsinore. Freeway close, this stick built home new carpet and laminate flooring throughout, fresh paint, new electrical fixtures inside and out plus some new cabinets as well The house itself was built in 1978 and is just under 1400 ft.²Two bedrooms and a bathroom downstairs plus a living room and dining area. Follow the floating staircase upstairs and you will find a large master bedroom with peekaboo views of the lake and an outdoor  deck area. Two wall mount air conditioners help cool the unit and a wall mount heater helps keep it warm in addition to the wood-burning stove. The single car garage is drywalled and has a new exterior and interior door. The lot itself is just under 7000 ft.² and is accessible from the front and the rear. With the recent loosening of the ADU requirements in the state, you could possibly add an additional unit or granny flat or garage. Two cars easily fit in the driveway and there is ample Street parking in this quiet freeway-close neighborhood. This home is walking distance to the burgeoning downtown area which hosts many new restaurants and also weekly farmers markets, Car Shows and other events.  This home is less than 60 seconds to the freeway and is perfect for a family who commutes regularly to work and or school. The Temecula Murrieta Lake Elsinore Valley is famous for its wineries, casinos, outdoor activities, and mild weather. Come view the home and bring your offers!

    Zillow last checked:

    Listing updated:

    Listed by:

    Danny Savant DRE #01190546 951-265-1077,

    SDL Real Estate

    Bought with:

    Ronald Krill, DRE #00943756

    Cielo Home Group

    Source: CRMLS,MLS#: SW23177013MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub
    Heating
    • Wall Furnace
    Cooling
    • Evaporative Cooling, Wall/Window Unit(s)
    Appliances
    • Laundry: Inside, In Garage
    Features
    • Bedroom on Main Level
    • Flooring: Laminate
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,392 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,970 Square Feet
    • Features: Gentle Sloping
    Details
    • Parcel number: 377311023
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asbestos Shingle
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $469,199
    • Annual tax amount: $5,068
    • Date on market: 9/21/2023
    • Cumulative days on market: 61 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    1/31/2024Sold$460,000-3.4%$330/sqft
    Source: CRMLS #SW23177013 Report a problem
    12/29/2023Contingent$476,000$342/sqft
    Source: CRMLS #SW23177013 Report a problem
    12/19/2023Price change$476,000-0.6%$342/sqft
    Source: CRMLS #SW23177013 Report a problem
    11/27/2023Listed for sale$479,000+36.9%$344/sqft
    Source: CRMLS #SW23177013 Report a problem
    9/12/2023Sold$350,000$251/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,068 +4.7%$469,199 +4.3%
    2024$4,842 +141.8%$450,000 +229.8%
    2023$2,003 +40.7%$136,462 +2%
    2022$1,423 +2%$133,787 +2%
    2021$1,395 +1%$131,164 +1%
    2020$1,382 +1.9%$129,820 +2%
    2019$1,355 +1.9%$127,276 +2%
    2018$1,329 +1.9%$124,781 +2%
    2017$1,304 $122,335 +2%
    2016$1,304 +4.7%$119,937 +1.5%
    2015$1,245 +3.4%$118,137 +2%
    2014$1,204 $115,826 +0.5%
    2013-- $115,305 +2%
    2012-- $113,045 +2%
    2011-- $110,829 +0.8%
    2010-- $110,002 -0.2%
    2009-- $110,265 +2%
    2008-- $108,104 +2%
    2007-- $105,985 +2%
    2006-- $103,908 +2%
    2005-- $101,872 +3.9%
    2003-- $98,047 +2%
    2002-- $96,125 +2%
    2001$1,003 +1.4%$94,242 +2%
    2000$989 $92,395
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $495,400
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    Estimated market value
    $495,400