Off MarketRisky Deal2 days on market
34296 Deergrass Way
34296 Deergrass Way, Lake Elsinore, CA 92532, Lake Elsinore, CA 92532
$559,000
Estimate®:$574,300$15,300 Under Market
Listing Price
34296 Deergrass Way, Lake Elsinore, CA 92532
Loc: Lake Elsinore, CA
Days Listed
2
Tax Assessed
$399k
Estimate®
$574k
3% Under Valued
Lot Size
5,663 sqft
Rent Estimate
$3,173/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.
5
Herk Bouris Elementary
K-5
0.3 mi away
7
Menifee Valley Middle School
6-8
2.2 mi away
N/A
Menifee Preschool
Elementary
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
single-storyranch-stylesuburbanattached-garagelandscaped-lawnvinyl-sidinggabled-roofdrivewaytraditionallow-maintenancewell-maintainedresidentialneutral-tones
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.11%
Total ROI
48.2%
Cash Flow
$-986/mo
DSCR
0.66
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-986/mo net cash flow with a 4.1% 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 |
|---|---|---|---|
| 2014-12-19 | Sold | $331,000 | $164 |
| 2014-09-04 | Listing removed | $325,118 | $161 |
| 2014-08-03 | Price change | $325,118 | $161 |
| 2014-07-31 | Listed for sale | $324,979 | $161 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $398,593 |
| 2025 | $8,069.98 | $390,779 |
| 2024 | $8,181.58 | $383,117 |
| 2023 | $8,138.32 | $375,606 |
| 2022 | $8,016.5 | $368,243 |
| 2021 | $7,868.66 | $361,023 |
| 2020 | $7,830.84 | $357,322 |
| 2019 | $7,681.08 | $350,317 |
| 2018 | $7,439.44 | $343,449 |
| 2017 | $7,310.5 | $336,716 |
| 2016 | $7,310.5 | $330,115 |
| 2015 | $6,973.88 | $322,794 |
| 2014 | $3,850 | $71,279 |
| 2013 | $0 | $70,958 |
| 2012 | $0 | $69,567 |
| 2011 | $0 | $68,203 |
| 2010 | $0 | $43,700 |
| 2009 | $0 | $70,000 |
| 2008 | $0 | $100,000 |
| 2007 | $0 | $148,901 |
| 2006 | $0 | $145,982 |
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