NOT LISTED FOR SALE

1029 Merced Way Hemet, CA 92545

Terra Linda Neighborhood

Estimated Value: $411,000 - $421,000

2 Beds
2 Baths
1,246 Sq Ft
$335/Sq Ft Est. Value

About This Home

This home is located at 1029 Merced Way, Hemet, CA 92545 and is currently estimated at $416,976, approximately $334 per square foot. 1029 Merced Way is a home located in Riverside County with nearby schools including Whittier Elementary School, Diamond Valley Middle School, and West Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2007
Sold by
Chase Home Finance Llc
Bought by
Smith Richard Corey and Smith Ashley D
Current Estimated Value
$416,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,446
Outstanding Balance
$130,122
Interest Rate
6.4%
Mortgage Type
FHA
Estimated Equity
$286,854

Purchase Details

Closed on
Apr 5, 2007
Sold by
Heyman Charles William
Bought by
J P Morgan Mortgage Acquisition Corp

Purchase Details

Closed on
Jan 13, 2006
Sold by
Howe Vicki M
Bought by
Heyman Charles William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.16%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2004
Sold by
Howe Joseph P and Howe Vicki M
Bought by
Howe Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Howe Vicki M
Bought by
Howe Joseph P and Howe Vicki M

Purchase Details

Closed on
Jul 28, 2003
Sold by
Howe Joseph P
Bought by
Howe Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Ellis Heather L
Bought by
Howe Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2001
Sold by
Macleod Marion
Bought by
Macleod Marion and Marion Macleod Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Richard Corey $225,000 First American Title Ins Co
Chase Home Finance Llc -- First American Title Ins Co
J P Morgan Mortgage Acquisition Corp $254,693 Accommodation
Heyman Charles William $302,000 First American Title
Howe Vicki M -- Old Republic Title Company
Howe Joseph P -- --
Howe Vicki M -- Chicago Title Co
Howe Vicki M $175,000 Chicago Title Co
Macleod Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Richard Corey $205,446
Previous Owner Heyman Charles William $241,600
Previous Owner Howe Vicki M $220,000
Previous Owner Howe Vicki M $140,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $3,471 $295,383 $98,502 $196,881
2023 $3,471 $283,915 $94,678 $189,237
2022 $3,366 $278,349 $92,822 $185,527
2021 $3,313 $272,892 $91,002 $181,890
2020 $3,116 $256,017 $85,696 $170,321
2019 $3,024 $248,560 $83,200 $165,360
2018 $2,882 $239,000 $80,000 $159,000
2017 $2,474 $201,000 $67,000 $134,000
2016 $2,320 $185,000 $18,500 $166,500
2015 $1,999 $155,000 $52,000 $103,000
2014 $1,951 $155,000 $52,000 $103,000
Source: Public Records

Map

California Riverside County Hemet 92545 Terra Linda

1029 Merced Way, Hemet, CA

This home is located at 1029 Merced Way, Hemet, CA 92545 and is currently estimated at $416,976, approximately $334 per square foot. 1029 Merced Way is a home located in Riverside County with nearby schools including Whittier Elementary School, Diamond Valley Middle School, and West Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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