For SaleRisky Deal10 days on market
29108 Basswood
29108 Basswood, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$650,000
Estimate®:$650,700$700 Under Market
Listing Price
29108 Basswood, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
10
Tax Assessed
$607k
Estimate®
$651k
0% Under Valued
Lot Size
6,098 sqft
Rent Estimate
$3,638/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
William Collier Elementary School
K-5
1.6 mi away
4
David A. Brown Middle School
6-8
3.5 mi away
5
Elsinore High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
suburbanstucco exteriorstone veneer accentsthree-car garagetwo-storycraftsman detailsgabled rooflandscapedresidentialfront porchshutter accentscontemporary stylesingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.87%
Total ROI
43.0%
Cash Flow
$-1,276/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,276/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Elsinore, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $650,000 | $273 |
| 2025-06-17 | Listing removed | $3,200 | $1 |
| 2025-03-28 | Listed for rent | $3,200 | $1 |
| 2020-12-14 | Sold | $550,000 | $231 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $607,228 |
| 2025 | $10,661.32 | $595,323 |
| 2024 | $10,290.9 | $583,651 |
| 2023 | $10,130.56 | $572,208 |
| 2022 | $9,932.6 | $560,989 |
| 2021 | $9,738.56 | $549,990 |
| 2020 | $7,864.86 | $377,507 |
| 2019 | $4,793.42 | $0 |
Similar Properties Nearby
Explore other investment opportunities in Lake Elsinore.