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31038 Nebraska St

Lake Elsinore CA 92530

4
3
2000 sq. ft.
10019 sq. ft.
Single-Family
Last sold for $395,000
Nicholas KeenerNicholas Keener, last sold this property on 24 August 2021 after 12 days on market.

Overview

An amazing opportunity to own 2 homes (with an unfinished 3rd studio/Casita/ADU and look to be plumed with sewer, water, and has electricity to the building) on a 10, 000 sqft lot! This asset is located on a private street by the lake with a few homes on it. The main house is 2 bed 2 bath with an office which is often used as a 3rd bedroom, complete with indoor laundry and remodeled kitchen. The living room to the main house has a lower ceiling height than average about 6.5-7ft. Large newer concrete driveway for plenty of parking or toys! 31036 Nebraska (The 2nd house)! Both houses are separately fenced and both included in the price. It's a small 1 bed 1 bath property that currently rents for $1050 a month with a market rent of $1300 as is. The 3rd studio/ADU/Casita approx 250 sqft is not finished but was possibly in the past, it has sewer plumbed for a full bathroom and electricity including a sub panel, it could be used for a mother in law suite, man cave, office/art room, or 4th room. This is a great opportunity for an income property or live in 1 and rent out the other home or 2. Property could gross $3000 a month for the 2 homes or $3800+ with the finished 3rd unit.

Features

4 bedrooms
3 bathrooms
2000 sq. ft. floor area
10019 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lake Elsinore over the last 12 months, the estimated median property value of 31038 Nebraska St is $610.04k.

Median value
$610.04k
Estimated value range
$5.55k - $1.32m
Median days on market
41
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lake Elsinore. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31038 Nebraska St

2021
Sold
$395,000
24 Aug 2021 by Nicholas Keener, of Trupoint
2018
Sold
$280,000
10 Dec 2018 by Jarrod Whitehorn, of Jarrod Whitehorn, Broker

Happy sellers in Lake Elsinore

93%
93% of sellers in Lake Elsinore reported that their sale price either exceeded or met their price expectations.

Lake Elsinore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Lake Elsinore over the last 12 months.

Local market activity for 4 bedroom single-family properties in Lake Elsinore

In the last 12 months, 183 four-bedroom single-family properties similar to 31038 Nebraska St, have been sold.

This represents a 18% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Elsinore

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Simon Quinones

Sellers who recommend Simon Quinones have praised them for being local expert, patient, clear communication, responsive, supportive, honest, and detail-oriented

  •   5   (124 reviews)
  •  2 Reviews in Lake Elsinore
  •  2 Sales in Lake Elsinore
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Jason Rowland

Sellers who recommend Jason Rowland have praised them for being local expert, responsive, reliable, supportive, clear communication, friendly, and honest

  •   5   (54 reviews)
  •  2 Reviews in Lake Elsinore
  •  1 Sale in Lake Elsinore
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Navid Nooryshokry

Navid Nooryshokry is a recommended agent for Lake Elsinore.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Lake Elsinore
  •  3 Sales in Lake Elsinore
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Charles Chacon Realty Group

Sellers who recommend Charles Chacon Realty Group have praised them for being local expert, attentive, dedicated, well-prepared, responsive, and proactive

  •   5   (88 reviews)
  •  1 Review in Lake Elsinore
  •  2 Sales in Lake Elsinore
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