189 N Massachusetts Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
ACTIVE$379,900
189 N Massachusetts Street, Lake Elsinore, California 92530
3Beds
3Baths
1,753Sqft
8,276Lot
Year Built
1990
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$217
HOA
-
Days on market
-
Sold On
-
MLS number
IV25147911
Home ConditionPoor
Features
Good View: Valley
ViewValley
About this home
We found 3 Cons,6 Pros. Rank: price - $379.9K(2th), sqft - 1753(46th), beds - 3(50th), baths - 3(52th).
Short Sale Opportunity awaits you! This is a very spacious 3 bedroom and 3 bath home conveniently settled in a corner property and consists of over 1750 sq feet of home. Very near Lake Elsinore and did i mention Outlets nearby, just few minutes away. Call today to inquire.
Price History
Date
Event
Price
07/01/25
Listing
$379,900
Condition Rating
Poor
Built in 1990, this property is 34 years old and shows significant signs of age and deferred maintenance. The kitchen and bathrooms are severely outdated with 1990s-era cabinets, laminate countertops, and older appliances/fixtures, requiring substantial renovation. The exterior landscaping is neglected, and the presence of a window AC unit suggests potential issues with the central cooling system. While functional, the property requires extensive rehabilitation to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1753.
Short Sale Opportunity: The property is presented as a short sale, potentially offering a competitive acquisition price for savvy buyers.
Spacious Layout & Corner Lot: A generous 1753 sqft home with 3 bedrooms and 3 bathrooms, situated on a desirable corner lot, providing ample space and privacy.
Convenient Location: Strategically located very near Lake Elsinore and just minutes from local outlets, offering easy access to recreation and shopping.
Appealing Valley Views: The property features desirable valley views, enhancing its aesthetic appeal and potential for enjoyment.
Competitive Price Point: Listed at $379,900, this property offers a potentially affordable entry into the market for a home of its size and features.
Cons
Short Sale Complexity: The nature of a short sale typically involves a more complex, lengthy, and uncertain transaction process, requiring buyer patience.
Property Age: Built in 1990, the home may require updates to its original systems and finishes, potentially incurring additional renovation costs for the buyer.
Implied 'As-Is' Condition: As a short sale, the property is likely to be sold in 'as-is' condition, meaning the buyer should anticipate responsibility for any necessary repairs or deferred maintenance.