For SaleRisky Deal95 days on market
16897 Gunnerson St
16897 Gunnerson St, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$490,000
Estimate®:$493,100$3,100 Under Market
Listing Price
16897 Gunnerson St, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
95
Tax Assessed
$560k
Estimate®
$493k
1% Under Valued
Lot Size
6,098 sqft
Rent Estimate
$2,635/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.
6
Alberhill Elementary
K-5
1.5 mi away
2
Terra Cotta Middle School
6-8
1.6 mi away
4
Lakeside High School
9-12
1.9 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
ranch stylestucco exteriortwo-story sectionattached garagepalm treesdesert landscapingtwilight lightingmodern suburbanasphalt drivewaywood fencingspacious front yardresidential propertywell-lit entrance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.51%
Total ROI
35.2%
Cash Flow
$-1,109/mo
DSCR
0.56
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,109/mo net cash flow with a 3.5% 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 |
|---|---|---|---|
| 2026-08-15 | Price change | $490,000 | $329 |
| 2026-07-16 | Pending sale | $479,999 | $322 |
| 2026-04-16 | Contingent | $479,999 | $322 |
| 2026-04-07 | Listed for sale | $479,999 | $322 |
| 2025-08-25 | Sold | $560,000 | $376 |
| 2021-01-21 | Sold | $25,000 | $17 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $560,000 |
| 2025 | $3,341.32 | $306,914 |
| 2024 | $344.92 | $26,530 |
| 2023 | $341.4 | $26,010 |
| 2022 | $322.18 | $63,036 |
| 2021 | $261.9 | $19,683 |
| 2020 | $252.18 | $18,746 |
| 2019 | $246.54 | $18,200 |
| 2018 | $246.52 | $58,793 |
| 2017 | $223.74 | $16,000 |
| 2016 | $223.74 | $16,000 |
| 2015 | $200.48 | $14,000 |
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