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16508 Mountain St

Lake Elsinore, CA 92530

3 bd 2 ba 1,600 sqft Built 1989 Lot 7,405 sqft single_family
Most recent sale
$555,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $555,000 MLS #SW22063247
Apr 9, 2022 Relisted $525,000 MLS #SW22063247
Apr 1, 2022 Listed $525,000 MLS #SW22063247
Apr 29, 1988 Sold $118,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $482,849 $106,120 $588,969 $6,335
2024 $482,849 $106,120 $588,969 $6,052
2023 $464,100 $102,000 $566,100 $5,975
2022 $169,530 $43,265 $212,795 $2,243
2020 $164,502 $41,983 $206,485 $2,178
2019 $161,277 $41,160 $202,437 $2,136
2018 $158,115 $40,353 $198,468 $2,095
2017 $155,015 $39,562 $194,577 $2,054
2016 $151,976 $38,787 $190,763 $2,051
2015 $149,695 $38,205 $187,900 $2,028
2014 $146,763 $37,457 $184,220 $1,963
2013 $146,100 $37,289 $183,389 $1,956
2012 $143,236 $36,558 $179,794 $1,920
2010 $139,380 $35,575 $174,955 $1,871
2009 $139,712 $35,660 $175,372 $1,877
2008 $136,973 $34,961 $171,934 $1,850
2007 $134,288 $34,276 $168,564 $1,817

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
7,405 sqft
ZIP code
92530
City
Lake Elsinore
Street
Mountain St
Coordinates
33.69829, -117.39587

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,120
Gross rental yield
11.07%
Implied cap rate
7.20%
Trend-extrapolated value

Frequently asked questions

When did 16508 Mountain St last sell?
16508 Mountain St most recently sold on Apr 27, 2022 for $555,000.
What is the current tax assessment for 16508 Mountain St?
The most recent total assessment for 16508 Mountain St (year 2025) is $588,969 with $6,335 in property tax.
How does 16508 Mountain St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $555,000.
When was 16508 Mountain St built?
16508 Mountain St was built in 1989.
How does 16508 Mountain St compare to others on Mountain St?
We track 8 other properties on Mountain St. Browse the list under "Other properties on Mountain St" to compare beds, baths, and sale history.
What are the property facts for 16508 Mountain St?
16508 Mountain St is a 3 bed, 2 bath, 1,600 sqft, 7,405 sqft lot single_family.
Is 16508 Mountain St a flip candidate?
No — 16508 Mountain St does not appear in our flips dataset.
Is 16508 Mountain St a tax-appeal candidate?
No — 16508 Mountain 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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