3652 Ash Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
ACTIVE$549,000
3652 Ash Street, Lake Elsinore, California 92530
3Beds
3Baths
1,953Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($333,412.63) is $215,587.37 (39%) lower than the list price ($549,000). This property may be overpriced.
Key pros and cons
Top Pros:
Paid Off Solar: The property benefits from paid-off solar panels, significantly reducing utility expenses for the homeowner.
Top Cons:
Significant Overpricing: The current list price of $549,000 is substantially higher than the estimated property value of $333,412.63, indicating a potential valuation discrepancy or market challenge.
Compared to the nearby listings
Price:$549.0K vs avg $585.9K ($-36,858)29%
Size:1,953 sqft vs avg 1,893 sqft55%
Price/sqft:$281 vs avg $31931%
More Insights
Built in 2002 (23 years old).
Condition: The property was built in 2002, making it 22 years old. While appearing well-maintained, the kitchen's described 'tumble stone countertops with glass inlayed cabinets' and the visible bathroom fixtures (cultured marble vanity, basic lighting, pedestal sink) suggest an outdated style typical of its original construction era or an early renovation. The home is functional and move-in ready, but would benefit from cosmetic updates to the kitchen and bathrooms to align with current design trends.
Year Built
2002
Close
-
List price
$549K
Original List price
$590K
Price/Sqft
$281
HOA
$105
Days on market
-
Sold On
-
MLS number
SW25115362
Home ConditionFair
Features
Patio
View-
About this home
Lake Elsinore Home with Paid Off Solar consisting of 3 Bedroom 3 Bath and 1,953 Sq Ft Home on the North side of Lake Elsinore perfect for first time homebuyer and Low Property Taxes. Formal room as you enter home leading to large great room with cozy fireplace also connected to Kitchen and Dining Area. The kitchen has tile floors, tumble stone countertops with glass inlayed cabinets and a full backsplash. Upstairs find large open loft which is perfect for a playroom, office, or bonus space. This is a great entertainers floorplan with all bedrooms upstairs including master bedroom and master bathroom. The backyard has a covered patio, brick walkways.
Condition Rating
Fair
The property was built in 2002, making it 22 years old. While appearing well-maintained, the kitchen's described 'tumble stone countertops with glass inlayed cabinets' and the visible bathroom fixtures (cultured marble vanity, basic lighting, pedestal sink) suggest an outdated style typical of its original construction era or an early renovation. The home is functional and move-in ready, but would benefit from cosmetic updates to the kitchen and bathrooms to align with current design trends.
Pros & Cons
Pros
Paid Off Solar: The property benefits from paid-off solar panels, significantly reducing utility expenses for the homeowner.
Low Property Taxes: The listing highlights low property taxes, offering a financial advantage and lower monthly carrying costs.
Versatile Loft Space: A large open loft upstairs provides flexible space suitable for a playroom, office, or additional bonus area, enhancing functionality.
Entertainer's Backyard: The backyard features a covered patio and brick walkways, creating an inviting space for outdoor entertaining and relaxation.
Updated Kitchen Finishes: The kitchen boasts modern finishes including tile floors, tumble stone countertops with glass inlayed cabinets, and a full backsplash.
Cons
Significant Overpricing: The current list price of $549,000 is substantially higher than the estimated property value of $333,412.63, indicating a potential valuation discrepancy or market challenge.
All Bedrooms Upstairs Layout: The floorplan places all bedrooms, including the master, upstairs, which may not appeal to buyers desiring a downstairs bedroom for accessibility or convenience.
Monthly HOA Fees: The property is subject to a monthly association fee of $105.0, adding to the recurring costs of homeownership.