33189 Schaper Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 1 bath
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33189 Schaper Street
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
968Sq Ft
7,840Lot Size
Property Price
LIST PRICE$479,000
EST. MARKET VALUE
$461,315
3% AboveMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $499,000—positioned above the $463,685 Fair Market Value. While priced slightly above market, the property features a Mint Condition Rating following a complete top-to-bottom renovation, including a new kitchen, bath, and systems. The expansive 7,840 SF lot, comprised of two APNs, offers significant potential for future development or outdoor enjoyment. With its modern finishes and move-in-ready status, this home is an ideal acquisition for first-time buyers or owner-occupants seeking a stylish, low-maintenance lifestyle in Lake Elsinore.
Estimated Market Value
$461,315
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33189 Schaper Street Subject | $479,000* List Price | 3 | 1 | 968 | $477 | - |
A 17771 Brightman Sold | $425,000 | 2 | 4 | 1,106 | $384 | 0.3 mi |
B 17656 Brightman Sold | $405,000 | 2 | 1 | 858 | $472 | 0.5 mi |
C 18645 Grand Sold | $480,000 | 3 | 2 | 1,200 | $400 | 0.7 mi |
D 17635 Nelson Avenue Sold | $401,700 | 3 | 2 | 886 | $453 | 0.6 mi |
E 33100 Turner Street Sold | $530,000 | 3 | 2 | 1,285 | $412 | 0.1 mi |
F 17657 Hayes Sold | $488,000 | 3 | 2 | 1,300 | $375 | 0.5 mi |
G 33161 Pederson Pending | $459,000 List Price | 2 | 1 | 931 | $493 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite the 1947 build date, the property has undergone a complete top-to-bottom renovation within the last year. It features a fully remodeled kitchen and bathroom, new flooring, new windows, fresh paint, and updated mini-split HVAC systems, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7840, living area = 968.
- Turnkey Renovations
The property has been extensively updated with new windows, flooring, appliances, and a fully remodeled kitchen and bathroom, offering a modern, move-in-ready experience.
- Expansive Double Lot
Comprising two separate APN numbers totaling approximately 7,840 square feet, the oversized lot provides significant outdoor space and potential for future expansion or ADU development.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7840, other record lot size in square feet = 3920.
- Recently Sold Property
The property was recently sold within the past year on 2026-06-11. The sold price is $299,000.00.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may be a drawback for families or buyers seeking modern convenience and privacy.
About 33189 Schaper Street
Welcome home to this adorable, beautifully renovated property offering the perfect blend of charm, comfort and modern style. Ideally located near Lake Elsinore and surrounded by beautiful mountain views, this home is a wonderful opportunity! This spacious lot consists of two APN#'s, 382-033-020 and 382-033-021 totaling approximately 7840 SF. This home has been completely refreshed with new windows, new flooring, fresh interior & exterior paint, new appliances, new fixtures and completely remodeled kitchen and bathroom. Outside, you'll find a large, fenced lot offering plenty of room to enjoy and relax. A one car garage plus a convenient carport provide ample parking and storage. Cute, comfortable and completely updated, this home is truly move-in ready and waiting for it's new owner!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 7,840 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 968 | 1,997.676 |
| Lot Size | 7,840 | 7,302.624 |
| Price | $479.0K | $602.7K |
| Price per sq ft | $495 | $299 |
| Built year | 1947 | 2005 |
| HOA | $0 | $146 |
| Days on market | 33 | 65 |
Pricing History
Listed for Sale
Sep 3, 2026
$479,000
$498,000
-4% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$498,000
$499,000
+0% Price Increase
Initial Listing
Price Change
Aug 7, 2026
$499,000
Initial Listing
Sold
Jun 11, 2026
$299,000
Public Record
Sold
Mar 30, 2016
$140,000
Public Record