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551 Lake St

Lake Elsinore, CA 92530

2 bd 1 ba 1,344 sqft Built 1973 Lot 10,019 sqft single_family
Most recent sale
$380,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $380,000 MLS #SW22148310
Sep 24, 2022 Price changed $395,000 MLS #SW22148310
Sep 16, 2022 Price changed $404,000 MLS #SW22148310
Jul 7, 2022 Listed $405,000 MLS #SW22148310
May 14, 2022 Price changed $399,000 MLS #SW22066228
Apr 24, 2022 Price changed $417,000 MLS #SW22066228
Apr 15, 2022 Price changed $418,000 MLS #SW22066228
Apr 8, 2022 Price changed $419,000 MLS #SW22066228
Apr 2, 2022 Listed $429,000 MLS #SW22066228
Jan 2, 2022 Price changed $414,000 MLS #SW21259762
Dec 26, 2021 Listed $419,000 MLS #SW21259762
Sep 25, 2021 Relisted $400,000 MLS #SW21129144
Jun 15, 2021 Listed $350,000 MLS #SW21129144
Aug 16, 2016 Listing removed $210,000 CRMLS
Aug 14, 2016 Relisted $210,000 MLS #SW16114543
Jul 15, 2016 Listing removed $210,000 CRMLS
Jun 18, 2016 Price changed $210,000 MLS #SW16114543
Jun 9, 2016 Price changed $199,900 MLS #SW16114543
May 28, 2016 Listed $214,900 MLS #SW16114543
Jul 18, 1996 Sold $29,000 Public Record
Sep 11, 1995 Sold $29,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $291,312 $93,636 $384,948 $4,508
2024 $291,312 $93,636 $384,948 $4,316
2023 $280,000 $90,000 $370,000 $4,272
2022 $22,233 $22,236 $44,469 $945
2021 $21,798 $21,800 $43,598 $902
2020 $21,575 $21,577 $43,152 $889
2019 $21,152 $21,154 $42,306 $871
2018 $20,739 $20,739 $41,478 $851
2017 $20,333 $20,333 $40,666 $844
2016 $19,935 $19,935 $39,870 $787
2015 $19,637 $19,637 $39,274 $781
2014 $19,253 $19,253 $38,506 $763
2013 $19,167 $19,167 $38,334 $760
2012 $18,792 $18,792 $37,584 $749
2010 $18,288 $18,288 $36,576 $726
2009 $18,333 $18,333 $36,666 $722
2008 $17,974 $17,974 $35,948 $722
2007 $17,622 $17,622 $35,244 $707

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,344 sqft
Lot size
10,019 sqft
ZIP code
92530
City
Lake Elsinore
Street
Lake St
Coordinates
33.66399, -117.32109

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,301
Gross rental yield
13.58%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 551 Lake St last sell?
551 Lake St most recently sold on Oct 18, 2022 for $380,000.
What is the current tax assessment for 551 Lake St?
The most recent total assessment for 551 Lake St (year 2025) is $384,948 with $4,508 in property tax.
How does 551 Lake St's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $380,000.
When was 551 Lake St built?
551 Lake St was built in 1973.
How does 551 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 551 Lake St?
551 Lake St is a 2 bed, 1 bath, 1,344 sqft, 10,019 sqft lot single_family.
Is 551 Lake St a flip candidate?
No — 551 Lake St does not appear in our flips dataset.
Is 551 Lake St a tax-appeal candidate?
No — 551 Lake St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.5%
Implied 1-yr
+18.1%
2026 Q3
$591.5K
2026 Q4
$612.1K
ZIP 92530 — Median Price History + Forecast

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