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34314 Otay Way

Lake Elsinore, CA 92532

5 bd 3 ba 2,889 sqft Built 2007 Lot 7,405 sqft single_family
Most recent sale
$640,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2025 Sold $690,000 CRMLS
Jan 24, 2025 Listed $679,000 CRMLS
Apr 29, 2022 Sold $640,000 MLS #IG22069636
Apr 7, 2022 Listed $639,900 MLS #IG22069636
Aug 8, 2014 Sold $350,000 Public Record
Aug 2, 2014 Listing removed $349,000 CRMLS
May 20, 2014 Listed $349,000 MLS #IG14104697
Jan 29, 2009 Sold $250,000 Public Record
Feb 22, 2007 Sold $500,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $585,700 $106,120 $691,820 $9,847
2024 $585,700 $106,120 $691,820 $9,843
2023 $550,800 $102,000 $652,800 $11,733
2022 $277,467 $118,913 $396,380 $8,717
2021 $272,027 $116,582 $388,609 $10,569
2020 $269,238 $115,387 $384,625 $10,475
2019 $263,959 $113,125 $377,084 $10,312
2018 $258,784 $110,907 $369,691 $10,039
2017 $253,710 $108,733 $362,443 $9,889
2016 $248,736 $106,601 $355,337 $9,624
2015 $245,000 $105,000 $350,000 $5,318
2014 $168,077 $94,541 $262,618 $6,371
2013 $161,000 $90,000 $251,000 $4,157
2012 $155,000 $87,000 $242,000 $3,998
2010 $148,666 $83,135 $231,801 $5,860
2009 $220,000 $60,000 $280,000 $6,323
2008 $228,000 $123,000 $351,000 $6,953
2007 $414,500 $140,852 $555,352 $8,450

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,889 sqft
Lot size
7,405 sqft
ZIP code
92532
City
Lake Elsinore
Street
Otay Way
Coordinates
33.66929, -117.23453

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
$3,840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 34314 Otay Way last sell?
34314 Otay Way most recently sold on Apr 29, 2022 for $640,000.
What is the current tax assessment for 34314 Otay Way?
The most recent total assessment for 34314 Otay Way (year 2025) is $691,820 with $9,847 in property tax.
How does 34314 Otay Way's assessment compare to its last sale price?
The current assessment is 8.1% above the last sale price of $640,000.
When was 34314 Otay Way built?
34314 Otay Way was built in 2007.
How does 34314 Otay Way compare to others on Otay Way?
We track 4 other properties on Otay Way. Browse the list under "Other properties on Otay Way" to compare beds, baths, and sale history.
What are the property facts for 34314 Otay Way?
34314 Otay Way is a 5 bed, 3 bath, 2,889 sqft, 7,405 sqft lot single_family.
Is 34314 Otay Way a flip candidate?
No — 34314 Otay Way does not appear in our flips dataset.
Is 34314 Otay Way a tax-appeal candidate?
No — 34314 Otay Way 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$690K
2026 Q4
$705.9K
ZIP 92532 — Median Price History + Forecast

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