For SaleRisky Deal29 days on market
28900 Bayberry Dr
28900 Bayberry Dr, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$674,900
Estimate®:$674,000
Listing Price
28900 Bayberry Dr, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
29
Tax Assessed
$663k
Estimate®
$674k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$2,996/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.
7
Rice Canyon Elementary School
K-5
0.5 mi away
2
Terra Cotta Middle School
6-8
0.7 mi away
4
Lakeside High School
9-12
2.4 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
modern kitchenwhite shaker cabinetsquartz countertopskitchen islandbar stoolsstainless steel appliancesrecessed lightingopen conceptbright interiorluxury kitchencontemporarywood flooringupdated kitchen
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.77%
Total ROI
19.0%
Cash Flow
$-1,946/mo
DSCR
0.44
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,946/mo net cash flow with a 2.8% 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 |
|---|---|---|---|
| 2026-08-27 | Listed for sale | $674,900 | $317 |
| 2024-11-25 | Sold | $650,000 | $306 |
| 2024-11-01 | Pending sale | $675,000 | $317 |
| 2024-10-22 | Listed for sale | $675,000 | $317 |
| 2020-02-04 | Sold | $404,000 | $190 |
| 2020-01-06 | Pending sale | $399,000 | $188 |
| 2019-10-09 | Price change | $399,000 | $188 |
| 2019-09-25 | Price change | $400,000 | $188 |
| 2019-09-06 | Listed for sale | $410,000 | $193 |
| 2015-07-24 | Sold | $342,000 | $161 |
| 2015-06-10 | Pending sale | $334,900 | $158 |
| 2015-05-26 | Price change | $334,900 | $158 |
| 2015-05-05 | Listed for sale | $339,900 | $160 |
| 2012-02-14 | Listing removed | $1,595 | $1 |
| 2012-01-10 | Listed for rent | $1,595 | $1 |
| 2010-07-01 | Sold | $230,000 | $108 |
| 2003-10-07 | Sold | $279,000 | $131 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $663,000 |
| 2025 | $7,355.72 | $650,000 |
| 2024 | $4,935.2 | $433,164 |
| 2023 | $4,869.26 | $424,672 |
| 2022 | $4,770.12 | $416,346 |
| 2021 | $4,650.98 | $408,184 |
| 2020 | $4,248.58 | $370,189 |
| 2019 | $4,165.02 | $362,931 |
| 2018 | $4,079.2 | $355,816 |
| 2017 | $4,009.16 | $348,840 |
| 2016 | $4,009.16 | $342,000 |
| 2015 | $2,849.86 | $245,178 |
| 2014 | $2,763.44 | $240,377 |
| 2013 | $0 | $239,292 |
| 2012 | $0 | $208,000 |
| 2011 | $0 | $230,000 |
| 2010 | $0 | $244,000 |
| 2009 | $0 | $226,000 |
| 2008 | $0 | $309,573 |
| 2007 | $0 | $303,504 |
| 2006 | $0 | $297,554 |
| 2005 | $0 | $291,720 |
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