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Off market
  • $495,400

    507 W Heald Ave, Lake Elsinore, CA 92530

    4beds
    2baths
    2,074sqft
    SingleFamily
    Built in 1898
    0.3 Acres Lot
    $495,400 Zestimate®
    $239/sqft
    $3,033 Estimated rent

    Home value

    $495,400

    $431,000 - $560,000

    $3,033/mo

    Zestimate® history
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    $3,169/mo

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    What's special

    Victorian Home on a lot that is over 13,000 feet and ZONED R2!!! Perfect for a contractor who can do a little TLC to the home which is in really good condition considering the age. Electrical has been upgraded to 200 AMPs, most of the plumbing has been upgraded, roof is about 3 years old. The home has 4 bedrooms and 2 bathrooms, one of which has had a new shower installed, 2 formal parlors with the original hardwood flooring, door and window trim, pocket doors. The lot has a rear alley access that would be perfect for a small contractor with a couple of trucks. Lots of room for parking and storage. You could also build a second house on the lot with the R2 ZONING. Possibly a garage with a couple of rooms above for extra income or contractor office. Tons of potential with this property!! The home is located walking distance to the revitalized downtown area with shops and great restaurants. Lake view, walking distance to schools.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,074 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 374151004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Roof: Composition
    Condition
    • Year built: 1898

    Community & HOA

    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $167,819
    • Annual tax amount: $1,884

    Price history

    DateEventPrice
    3/22/2011Sold$131,000-10.9%$63/sqft
    Source: Public Record Report a problem
    12/31/2010Pending sale$147,000$71/sqft
    Source: Mike L Varley- Real Pros Real Estate Group, Inc #K10082274 Report a problem
    11/29/2010Price change$147,000-7.5%$71/sqft
    Source: Mike L Varley- Real Pros Real Estate Group, Inc #K10082274 Report a problem
    8/5/2010Listed for sale$159,000-27.4%$77/sqft
    Source: Real Pros Real Estate Group Report a problem
    5/29/2010Listing removed$219,000$106/sqft
    Source: Voit Management #T10031975 Report a problem
    4/2/2010Listed for sale$219,000$106/sqft
    Source: Voit Management #T10031975 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,884 +4.5%$167,819 +2%
    2024$1,803 +1.2%$164,530 +2%
    2023$1,781 +1.9%$161,305 +2%
    2022$1,748 +1.9%$158,143 +2%
    2021$1,715 +1%$155,043 +1%
    2020$1,699 +1.9%$153,454 +2%
    2019$1,668 +1.9%$150,446 +2%
    2018$1,637 +1.9%$147,497 +2%
    2017$1,607 $144,605 +2%
    2016$1,607 +24.1%$141,771 +22.2%
    2015$1,295 +19.3%$116,000 +19.6%
    2014$1,086 $97,000 -28.8%
    2013-- $136,292 +2%
    2012-- $133,620 +496.5%
    2011-- $22,401 +0.7%
    2010-- $22,236 -0.2%
    2009-- $22,291 +2%
    2008-- $21,855 +2%
    2007-- $21,428 +2%
    2006-- $21,009 +2%
    2005-- $20,598 +3.9%
    2003-- $19,827 +2%
    2002-- $19,440 +2%
    2001$250 +1.1%$19,060 +2%
    2000$248 $18,687
    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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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $495,400