162 S Massachusetts, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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162 S Massachusetts
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,210Sq Ft
6,970Lot Size
Property Price
LIST PRICE$549,900
EST. MARKET VALUE
$553,588
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $549,900—positioned well below the $553,589 Fair Market Value by 0.67%. This valuation gap offers $3,689 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, including new paint and engineered flooring, the property is move-in ready. The large lot provides significant potential for an ADU project, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-quality, versatile asset.
Estimated Market Value
$553,588
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 162 S Massachusetts Subject | $549,900* List Price | 3 | 2 | 1,210 | $458 | - |
A 281 Jessica Sold | $537,000 | 3 | 2 | 1,442 | $372 | 0.6 mi |
B 127 N Massachusetts Sold | $615,000 | 4 | 2 | 1,585 | $388 | 0.1 mi |
C 279 White Oak Sold | $545,000 | 3 | 2 | 1,387 | $393 | 0.4 mi |
D 32009 Bourges Street Sold | $555,000 | 3 | 2 | 1,400 | $396 | 0.3 mi |
E 3547 Cherry Blossom Lane Sold | $550,000 | 3 | 2 | 1,370 | $401 | 0.5 mi |
F 29345 Breakwater Sold | $599,000 | 3 | 2 | 1,597 | $375 | 0.6 mi |
G 16481 Stevens Sold | $445,000 | 2 | 2 | 864 | $515 | 0.8 mi |
H 3484 Cherry Blossom Lane Active | $570,000 List Price | 3 | 2 | 1,177 | $484 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a recent comprehensive renovation (likely <5 years) including new interior and exterior paint, remodeled bathrooms, and new engineered laminate flooring. It features a central HVAC system and is in move-in ready, mint condition.
About 162 S Massachusetts
North Lake Elsinore welcome to this beautiful 3 bedrooms and 2 full bathrooms home ! ! ! ! The property features new paint inside and out side, remodeled bathrooms, tile and engineered laminated flooring, central air and heat unit, fireplace, good size backyard for your ADU project. As well, this property also offers an exciting opportunity for buyers for a primary residence, vacation home or potential-producing investment property. Must see it to appreciate ! ! ! Call to set up your showing appointment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,210 | 1,997.676 |
| Lot Size | 6,970 | 7,302.624 |
| Price | $549.9K | $602.7K |
| Price per sq ft | $454 | $299 |
| Built year | 1989 | 2005 |
| HOA | $0 | $146 |
| Days on market | 6 | 65 |
Pricing History
Listed for Sale
Sep 3, 2026
$549,900
Initial Listing
Sold
Jun 29, 2001
$147,000
Public Record