3274 Spruce Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
3274 Spruce Street
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 3274 Spruce Street, Lake Elsinore, California 92530 reveals a property with a current list price of $680,000, which is 9% above the estimated $620,481 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3274 Spruce Street Subject | $680,000* List Price | 3 | 3 | 1,953 | $318 | - |
A 29054 Palm View Sold | $672,000 | 3 | 3 | 1,725 | $390 | 0.3 mi |
B 4146 Lovitt Circle Sold | $585,000 | 3 | 2 | 2,064 | $283 | 0.7 mi |
C 15139 Camphor Way Sold | $650,000 | 4 | 3 | 1,901 | $342 | 0.8 mi |
D 901 Porta Marina Lane Sold | $584,576 | 4 | 2 | 2,027 | $288 | 1.0 mi |
E 4114 Larkspur Street Sold | $630,000 | 3 | 3 | 2,410 | $261 | 0.7 mi |
F 15031 Valencia Way Sold | $695,000 | 4 | 3 | 2,247 | $309 | 0.5 mi |
G 3273 Fig Court Active | $660,000 List Price | 4 | 3 | 2,090 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2002, this home is 22 years old but presents in good condition with significant functional updates. The description highlights 'new A/C Ducting,' 'life source water filtration system,' 'quiet cool air system,' 'hot water recirculating system,' and '22 solar panels,' indicating substantial investment in major systems and energy efficiency. The kitchen features stainless steel appliances and granite countertops, which are functional and well-maintained, though the cabinet style and backsplash are somewhat dated. Bathrooms are clean and functional, but their vanities and fixtures reflect the home's original build era. Overall, the property is move-in ready with no immediate renovations required, and its major systems are well-maintained and updated, aligning with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Outdoor Living & Entertainment
The property boasts a private oasis with a unique pool, a beautiful fire pit overlooking the pool, a covered steel aluminum patio, and fruit trees, creating an ideal space for relaxation and entertaining. Additionally, it offers extra space for boat or additional parking.
- Advanced Energy Efficiency
Equipped with 22 solar panels designed to efficiently cover monthly electric bills and a hot water recirculating system, significantly reducing utility costs and promoting eco-friendly living.
- Modern Comfort Systems
Features a life source water filtration system, a quiet cool air system, and new A/C ducting, ensuring a comfortable, healthy, and well-regulated indoor environment.
CONSRISKS & DEFICIENCIES
- Monthly Association Fee
The property is subject to an $81.0 monthly association fee, which adds to the recurring costs of homeownership.
- Limited Bedroom Count for Size
Despite a spacious layout and dedicated upstairs game area, the home offers only three bedrooms, which might be a limiting factor for larger families or those desiring more dedicated rooms like a home office or additional guest space.
- Absence of Explicit Interior Remodel Details
While the home is described as stunning, the description does not highlight recent high-end kitchen or bathroom remodels, which some buyers may expect in a modern, move-in ready luxury property.
About 3274 Spruce Street
BEAUTIFUL **POOL HOME** Step into this stunning three-bedroom, two-story home where comfort and style come together effortlessly. Filled with natural light, the spacious layout offers inviting living areas perfect for both everyday living and entertaining. Upstairs bedrooms provides tons of space for family or overnight guests, while the designed floor plan creates an amazing flow throughout this home. Upstairs you will find plenty of space for a game area or for the kids to play in. Outside, escape to your own private oasis featuring a very unique and beautiful pool, ideal for relaxing afternoons, weekend gatherings, or warm summer evenings. This home is equipped with a life source water filtration system, quite cool air system and a new A/C Ducting. There are 22 solar panels to efficiently cover for the cost of your monthly electric bill. Beautiful fire pit above and overlooking the pool. The rear patio is covered in steel aluminum and next to that you will find an amazing extra space for a boat or additional parking. This home also comes with a Hot water recirculating system and front to back low voltage lighting, on top of that orange, plum, lemon, and peach trees for fresh fruit. This home blends charm, functionality, and outdoor luxury, making it a truly special place to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $81.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,953 | 1,868 | 56% |
| Lot Size | 6,098 | 7,841 | 30% |
| Price | $680.0K | $595.0K | 84% |
| Price per sq ft | $348 | $319 | 65% |
| Built year | 2002 | 2004 | 47% |
| HOA | $81.0 | $0 | 56% |
| Days on market | 37 | 193 | 2% |
Pricing History
Listed for Sale
Jan 29, 2026
$680,000
Initial Listing
Sold
Sep 12, 2013
$305,000
Public Record
Sold
Dec 12, 2002
$212,500
Public Record