NOT LISTED FOR SALE

1020 N Palm Ave Hemet, CA 92543

Estimated Value: $445,000 - $887,000

3 Beds
1 Bath
1,386 Sq Ft
$504/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2012

Last sale price $120,000 $87 Per Sq Ft

Est. 482% increase in value since last sale

Current estimated payment $4,243 / mo

162 Days on Market

Highlights

  • Mountain View
  • Fireplace
  • Forced Air Heating System
  • Contemporary Architecture
  • Cooling Available
  • Family or Dining Combination

About This Home

As of November 2012

Investment property/Horse property/Handyman's dream. Currently collecting $500.00 rent from an on sight handyman/maintenance worker, who maintains property. Great investment property considering the lot size, and huge workshop/garage. A flag lot set way back from the street making it a great property for first time home buyers who want some privacy. American pickers would love this property, considering all the antiques and furnishings are negotiable. Property includes a 1000+ sq foot garage with drywall, fully insulated and with utilities throughout. This is an as is sale, but anything the buyer wants can be negotiable. Property can produce an income at the close of escrow. Also back patio has been enclosed and adds 1000 sq ft to the total sq footage. Sellers are very motivated and considering any offer. Bring any offer and let's negotiate.

Last Agent to Sell the Property

Mike Culton

Brubaker Culton R.E. & Dev. License #00557811 Listed on: 10/23/2012

Last Buyer's Agent

Matt McPherson

Coleman and Associates License #01362837

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 1.61 Acre Lot

Parking

  • 8 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • Fireplace
  • Family or Dining Combination
  • Carpet
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 439050005

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

1.61 Acres

Parking

8

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Custom
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 439050005
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1386.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Levels: One
  • Price Per Square Foot: 86.58

Exterior Features

  • Patio: No
  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Roof: Shingle, Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 8.00
  • Parking: No
  • Total Parking Spaces: 111.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 70132.00
  • Lot Size Acres: 1.6100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 70132.0000 Square Feet

Tax Info

  • Tax Lot: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 8, 2012
Sold by
Austin Michael R and Austin Carole Y
Bought by
Zavala Gabriel and Zavala Maria Ines
Seller's Agent
Mike Culton
Brubaker Culton R.E. & Dev.
Buyer's Agent
Matt McPherson
Coleman and Associates
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Current Estimated Value
$698,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,045
Avg. Annual Appreciation
14.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Zavala Gabriel $120,000 Orange Coast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $120,000 -19.5% $87 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $149,000 0.0% $108 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
09/30/2012 09/30/12 Price Changed $149,000 +19.2% $108 / Sq Ft
09/01/2012 09/01/12 Price Changed $125,000 -16.1% $90 / Sq Ft
06/04/2012 06/04/12 For Sale $149,000 -- $108 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,820 $608,072 $43,093 $564,979
2023 $6,820 $584,462 $41,421 $543,041
2022 $6,599 $573,003 $40,609 $532,394
2021 $6,490 $561,768 $39,813 $521,955
2020 $3,627 $313,308 $39,405 $273,903
2019 $2,090 $178,360 $38,633 $139,727
2018 $1,522 $129,864 $37,876 $91,988
2017 $1,505 $127,319 $37,134 $90,185
2016 $1,494 $124,823 $36,406 $88,417
2015 $1,490 $122,950 $35,860 $87,090
2014 $1,424 $120,543 $35,158 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H747188

California Regional Multiple Listing Service (CRMLS)

APN: 439-050-005

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