3533 Lake Crest Ne, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
ACTIVE$498,000$1,344/sqft
Est. Value: $516,849
3%
BelowEstimate
3533 Lake Crest Ne, Lake Elsinore, California 92530
3Beds
2Baths
1,344Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($516,849.14) is $18,849.14 (3%) higher than the list price ($498,000). This property may be underpriced.
Key pros and cons
Top Pros:
Exceptional Location & Accessibility: The property offers direct proximity to Lake Elsinore, allowing residents to 'walk to the lake,' which is a significant draw for recreational activities and a desirable lifestyle.
Top Cons:
Property Age & Potential System Updates: Built in 1983, the property's age suggests that some major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring future investment from the buyer.
Compared to the nearby listings
Price:$498.0K vs avg $586.0K ($-88,023.5)14%
Size:1,344 sqft vs avg 1,876 sqft17%
Price/sqft:$371 vs avg $32176%
More Insights
Built in 1983 (43 years old).
Condition: This 1983-built property is move-in ready, benefiting from recent updates including new interior and exterior paint, hardwood floors throughout, updated bathroom vanities and wood-look tile flooring, a newer water heater, and a newer garage door. While the kitchen features (oak cabinets, laminate countertops, white appliances, fluorescent lighting) and some light fixtures are dated, the significant cosmetic and functional improvements elevate its condition beyond 'Fair', making it a well-maintained home with no immediate renovation required.
Year Built
1983
Close
-
List price
$498K
Original List price
$498K
Price/Sqft
$371
HOA
-
Days on market
-
Sold On
-
MLS number
SW26008512
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
NEW INTERIOR and EXTERIOR PAINT ! Walk to the lake ! Single story 3 bedroom 2 bathroom. Extra long and wide 2 car garage, large front patio slab and rear patio slab and cover. Interior has vaulted ceiling, fireplace, oak cabinets, garden kitchen window, sliding glass door in master bedroom with 2 closets. Also includes sliding glass door in living room, hardwood floors through out home, newer water heater, newer garage door. Beautiful backyard views of the Ortega Mountains !
S
Shirley Lopez
Listing Agent
Price History
Date
Event
Price
02/11/97
Sold
$1,000
03/18/05
Sold
$306,000
Condition Rating
Good
This 1983-built property is move-in ready, benefiting from recent updates including new interior and exterior paint, hardwood floors throughout, updated bathroom vanities and wood-look tile flooring, a newer water heater, and a newer garage door. While the kitchen features (oak cabinets, laminate countertops, white appliances, fluorescent lighting) and some light fixtures are dated, the significant cosmetic and functional improvements elevate its condition beyond 'Fair', making it a well-maintained home with no immediate renovation required.
Pros & Cons
Pros
Exceptional Location & Accessibility: The property offers direct proximity to Lake Elsinore, allowing residents to 'walk to the lake,' which is a significant draw for recreational activities and a desirable lifestyle.
Recent Cosmetic & Functional Upgrades: Benefiting from new interior and exterior paint, a newer water heater, and a newer garage door, the home presents a fresh, move-in ready appearance and reduces immediate maintenance concerns for a buyer.
Desirable Single-Story Layout with Architectural Details: The single-story floor plan is highly sought after for its accessibility and ease of living, complemented by attractive features such as vaulted ceilings, hardwood floors throughout, and a cozy fireplace.
Enhanced Outdoor Living & Scenic Views: The property boasts a large front patio slab and a covered rear patio, ideal for entertaining, along with beautiful backyard views of the Ortega Mountains and city lights, enhancing its appeal and value.
Generous Garage Space: An extra-long and wide two-car garage provides ample space for vehicles, additional storage, or a potential workshop area, a valuable asset for many homeowners.
Cons
Property Age & Potential System Updates: Built in 1983, the property's age suggests that some major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring future investment from the buyer.
Compact Interior Square Footage: At 1344 square feet for a 3-bedroom, 2-bathroom layout, the interior space may be considered modest by some buyers, potentially limiting its appeal for those seeking more spacious living areas.
Potentially Dated Kitchen Finishes: While functional, the mention of 'oak cabinets' without explicit detail of a recent kitchen remodel suggests these may be original to 1983 and could be perceived as dated by modern buyers, possibly necessitating an update.