31968 Hollyhock Way, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
ACTIVE$600,000
31968 Hollyhock Way, Lake Elsinore, California 92532
4Beds
3Baths
1,961Sqft
Lot
Price Vs. Estimate
The estimated value ($323,309.9) is $276,690.1 (46%) lower than the list price ($600,000). This property may be overpriced.
Key pros and cons
Top Pros:
Energy Efficiency: The home is equipped with fully paid solar panels, offering significant long-term energy cost savings for the homeowner.
Top Cons:
Significant Price Discrepancy: The listing price of $600,000 is substantially higher than the provided property estimation value of $323,309.9, which could indicate a potential overvaluation or raise questions about market competitiveness.
Compared to the nearby listings
Price:$600.0K vs avg $630.0K ($-30,000)40%
Size:1,961 sqft vs avg 2,541 sqft20%
Price/sqft:$306 vs avg $25582%
More Insights
Built in 2002 (23 years old).
Condition: Built in 2002, this home is described as 'well maintained' and features a 'remodeled kitchen' and 'fully paid solar panels,' indicating significant updates and good upkeep. The visible laminate flooring is clean, and while some fixtures like the ceiling fan appear slightly dated, the overall condition suggests it is move-in ready with functional and updated key components, aligning with a 'Good' rating.
Year Built
2002
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$306
HOA
$145
Days on market
-
Sold On
-
MLS number
250022233SD
Home ConditionGood
Features
View-
About this home
**Home is equipped with a fully paid Solar panels** Well maintained gorgeous home in the Lake Elsinore community, across the street from the Canyon Hills Recreation Center, pools, tennis, and within a walking distance from a community park. 4th bedroom is the loft option. Open living room to the dining area and into the spacious remodeled kitchen. Must see to appreciate.
Nearby schools
5/10
Cottonwood Canyon Elementary School
Public,•K-5•0.2mi
6/10
Herk Bouris Elementary
Public,•K-5•1.5mi
8/10
Tuscany Hills Elementary School
Public,•K-5•2.6mi
3/10
Railroad Canyon Elementary School
Public,•K-5•3.1mi
6/10
Canyon Lake Middle School
Public,•6-8•0.3mi
6/10
Menifee Valley Middle School
Public,•6-8•3.2mi
2/10
Pinacate Middle School
Public,•7-8•7.3mi
5/10
Elsinore High School
Public,•9-12•2.9mi
7/10
Paloma Valley High School
Public,•9-12•4.0mi
6/10
Temescal Canyon High School
Public,•9-12•5.9mi
Condition Rating
Good
Built in 2002, this home is described as 'well maintained' and features a 'remodeled kitchen' and 'fully paid solar panels,' indicating significant updates and good upkeep. The visible laminate flooring is clean, and while some fixtures like the ceiling fan appear slightly dated, the overall condition suggests it is move-in ready with functional and updated key components, aligning with a 'Good' rating.
Pros & Cons
Pros
Energy Efficiency: The home is equipped with fully paid solar panels, offering significant long-term energy cost savings for the homeowner.
Prime Location & Community Amenities: Located directly across the street from the Canyon Hills Recreation Center (featuring pools and tennis courts) and within walking distance to a community park, providing excellent lifestyle benefits.
Modernized Interior: The property boasts a spacious, remodeled kitchen, enhancing its appeal and functionality for contemporary living and entertaining.
Well-Maintained Condition: Described as a 'well maintained gorgeous home,' suggesting the property is in good condition and may require minimal immediate repairs or upgrades.
Flexible Living Space: The 4th bedroom is offered as a loft option, providing versatile space that can be adapted for various uses such as an office, playroom, or additional living area.
Cons
Significant Price Discrepancy: The listing price of $600,000 is substantially higher than the provided property estimation value of $323,309.9, which could indicate a potential overvaluation or raise questions about market competitiveness.
Higher End of Market Pricing: Compared to recent sales of similar properties in the Canyon Hills community, the $600,000 list price appears to be at the higher end, potentially limiting buyer interest or requiring price adjustments.
Recurring Association Fees: The property incurs a monthly association fee of $145.0, which adds to the ongoing cost of homeownership, despite covering community amenities.