321 Avenue 12, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
ACTIVE$550,000$1,705/sqft
Est. Value: $466,754
-15%
AboveEstimate
321 Avenue 12, Lake Elsinore, California 92530
3Beds
3Baths
1,705Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($466,754.325) is $83,245.675 (15%) lower than the list price ($550,000). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Views: The property offers beautiful mountain views, city lights, and sunrise scenery, enhancing its aesthetic appeal and daily living experience.
Top Cons:
Limited Lot Size: With a lot size of 5227 sqft, the outdoor space is relatively modest, which may limit extensive landscaping or expansion possibilities.
Compared to the nearby listings
Price:$550.0K vs avg $586.0K ($-36,023.5)31%
Size:1,705 sqft vs avg 1,876 sqft42%
Price/sqft:$323 vs avg $32150%
More Insights
Built in 1993 (33 years old).
Condition: Built in 1993, this property shows its age with a general 90s aesthetic. While the description mentions 'upgraded granite countertops' in the kitchen, the lack of kitchen and bathroom images prevents a full assessment of their condition and style. Visible elements like the worn carpet on the staircase, dated light fixtures, and the overall interior paint scheme suggest the home is functional but would benefit from cosmetic updates. Major systems (HVAC, water heater) are likely original or nearing the end of their typical lifespan, aligning with a 'fair' condition where minor updates and potential system replacements are anticipated.
Year Built
1993
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$323
HOA
-
Days on market
-
Sold On
-
MLS number
TR26011287
Home ConditionFair
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)
About this home
Beautiful mountain views 3 bedrooms, 2.5 bathrooms in Lake Elsinore, just minutes from the business center and outlet stores. The spacious living room boasts high ceilings and abundant natural light. The large kitchen features upgraded granite countertops. Wooden cabinetry leads to a family room with a fireplace. The second-floor master bedroom has a full bathroom and wardrobe, while the other two bedrooms share a full bathroom. You will enjoy the beautiful mountain scenery and sunrise everyday. Fish on the lake, shop in the business center and outlet stores.
P
Pinghui Lin
Listing Agent
Price History
Date
Event
Price
09/23/13
Sold
$245,000
10/30/08
Sold
$170,000
10/08/02
Sold
$216,000
Condition Rating
Fair
Built in 1993, this property shows its age with a general 90s aesthetic. While the description mentions 'upgraded granite countertops' in the kitchen, the lack of kitchen and bathroom images prevents a full assessment of their condition and style. Visible elements like the worn carpet on the staircase, dated light fixtures, and the overall interior paint scheme suggest the home is functional but would benefit from cosmetic updates. Major systems (HVAC, water heater) are likely original or nearing the end of their typical lifespan, aligning with a 'fair' condition where minor updates and potential system replacements are anticipated.
Pros & Cons
Pros
Panoramic Views: The property offers beautiful mountain views, city lights, and sunrise scenery, enhancing its aesthetic appeal and daily living experience.
Upgraded Kitchen: The large kitchen features upgraded granite countertops and wooden cabinetry, providing a modern and functional space for cooking.
Spacious Living Area: The living room boasts high ceilings and abundant natural light, creating an open and inviting atmosphere.
Convenient Location: Located just minutes from the business center and outlet stores, offering easy access to shopping and amenities, with recreational opportunities like fishing on the lake nearby.
Comfort Features: Includes a family room with a fireplace, adding warmth and a cozy gathering space for residents.
Cons
Limited Lot Size: With a lot size of 5227 sqft, the outdoor space is relatively modest, which may limit extensive landscaping or expansion possibilities.
Potential for Dated Systems: Built in 1993, major systems such as HVAC, roofing, and water heater may be original or nearing the end of their typical lifespan, potentially requiring future maintenance or replacement costs.
Unspecified Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant consideration given Lake Elsinore's warm climate.