17607 Mackay, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 1 bath
ACTIVE$429,999$736/sqft
Est. Value: $393,820
-8%
AboveEstimate
17607 Mackay, Lake Elsinore, California 92530
2Beds
1Bath
736Sqft
3,485Lot
Price Vs. Estimate
The estimated value ($393,819.93) is $36,179.07 (8%) lower than the list price ($429,999). This property may be overpriced.
Key pros and cons
Top Pros:
Scenic Lake Views: The property boasts desirable lake views, enhancing its aesthetic appeal and potential resale value.
Top Cons:
Compact Living Area: With only 736 square feet and a single bathroom, the interior living space is quite limited, which may not suit larger households or those desiring more room.
Compared to the nearby listings
Price:$430.0K vs avg $586.0K ($-156,024.5)6%
Size:736 sqft vs avg 1,876 sqft1%
Price/sqft:$584 vs avg $32197%
More Insights
Built in 1955 (71 years old).
Condition: Built in 1955, this property shows significant signs of aging infrastructure and deferred maintenance, particularly evident in the dated exterior and unkempt backyard with a dilapidated structure. While described as 'Move-in Ready,' the lack of interior photos, especially of the kitchen and bathroom, strongly suggests these areas are severely outdated and would require substantial renovation and system replacements to meet current standards for comfort and functionality. The property likely needs extensive rehabilitation.
Year Built
1955
Close
-
List price
$430K
Original List price
$430K
Price/Sqft
$584
HOA
-
Days on market
-
Sold On
-
MLS number
RS26011800
Home ConditionPoor
Features
Good View: Lake
Patio
ViewLake
About this home
Beautiful 2 Bedrooms, 1 Bath Home in Lake Elsinore with RV access to backyard from side street. Ready for new owners, A must see!! Located close to shops, restaurants, and walking distance to a nice park and lake.
D
Diana Evora
Listing Agent
Nearby schools
3/10
Lakeland Village School
Public,•K-8•1.5mi
6/10
Canyon Lake Middle School
Public,•6-8•5.6mi
5/10
Lakeside High School
Public,•9-12•2.9mi
Price History
Date
Event
Price
07/10/97
Sold
$46,500
06/02/22
Sold
$350,000
10/25/02
Sold
$100,000
Condition Rating
Poor
Built in 1955, this property shows significant signs of aging infrastructure and deferred maintenance, particularly evident in the dated exterior and unkempt backyard with a dilapidated structure. While described as 'Move-in Ready,' the lack of interior photos, especially of the kitchen and bathroom, strongly suggests these areas are severely outdated and would require substantial renovation and system replacements to meet current standards for comfort and functionality. The property likely needs extensive rehabilitation.
Pros & Cons
Pros
Scenic Lake Views: The property boasts desirable lake views, enhancing its aesthetic appeal and potential resale value.
Valuable RV Access: Direct RV access to the backyard from a side street offers significant convenience and utility for vehicle owners.
Prime Local Accessibility: Strategically located within walking distance to a park and the lake, and close to essential shops and restaurants, offering a convenient lifestyle.
Attainable Price Point: Positioned at an accessible price of $429,999, making it an attractive option for first-time buyers or those seeking value in the Lake Elsinore market.
Move-in Ready Condition: Described as 'Ready for new owners,' suggesting the property is in a condition that allows for immediate occupancy without major initial renovations.
Cons
Compact Living Area: With only 736 square feet and a single bathroom, the interior living space is quite limited, which may not suit larger households or those desiring more room.
Aging Infrastructure: Built in 1955, the home's age suggests potential for outdated systems, finishes, or a higher likelihood of requiring maintenance and upgrades in the near future.
Modest Lot Size: The 3,485 square foot lot is relatively small for a single-family residence, offering limited outdoor space for recreation, gardening, or future expansion.