NOT LISTED FOR SALE

1075 E Oakland Ave Hemet, CA 92543

Estimated Value: $395,000 - $451,672

5 Beds
2 Baths
2,000 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 04, 2017

Last sale price $218,000 $109 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,552/month

46 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Doors swing in

About This Home

As of June 2017

1075-1079 two single houses on a lot 1075 Oakland is a 3 bed 1 bath home with attached garage. 1079 Oakland is a 2 bed 1 bath home with attached garage. New remodeled front house with laminate flooring and new paint. Separate electric and gas meter R2 zoning. Close to supermarket, bus stop, school. Great investment. Total rental income close to $1700, great cash flow.

Last Agent to Sell the Property

Diane Hilgenberg

Century 21 Affiliated License #01249064 Listed on: 02/15/2017

Last Buyer's Agent

Dana Barnes

NON-MEMBER/NBA or BTERM OFFICE License #01780725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,995

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts in Kitchen

Additional Features

  • Doors swing in
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 25086
  • Assessor Parcel Number 445101037

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • New Taxes Expense $2,600
  • Operating Expense $2,500
  • Gross Income $19,740
  • Net Operating Income $17,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,995

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: John
  • Other Phone Number: 951-570-4943
  • Property Attached: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 445101037
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 109.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Gross Income: 19740.00
  • Gross Scheduled Income: 19740.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 17740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 2500.00

Tax Info

  • New Taxes Expense: 2600.00
  • Tax Census Tract: 434.01
  • Tax Lot: A
  • Tax Tract Number: 25086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
May 26, 2017
Sold by
Mah Terry A
Bought by
Wan Mah Inness
Seller's Agent
Diane Hilgenberg
Century 21 Affiliated
Buyer's Agent
Dana Barnes
NON-MEMBER/NBA or BTERM OFFICE
List Price
$240,000
Sold Price
$218,000
Premium/Discount to List
-$22,000
-9.17%
Current Estimated Value
$415,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,668
Avg. Annual Appreciation
8.00%
Original Mortgage
$163,875
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2017
Sold by
Dennis Gregory A
Bought by
Wan Mah Inness

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,875
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2015
Sold by
Lin Jianming and Feng Li Ping
Bought by
Dennis Gregory A

Purchase Details

Listed on
Dec 14, 2012
Closed on
Jan 18, 2013
Sold by
First David W
Bought by
Hlin Jianming and Feng Li Ping
Seller's Agent
Robert Chesvick
Coldwell Banker Kivett-Teeters
Buyer's Agent
JERRY YAN
IRN REALTY
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Aug 30, 2012
Sold by
First David W
Bought by
First David W

Purchase Details

Closed on
Oct 18, 1999
Sold by
Paul Ben E and Paul Barbara R
Bought by
First Doris M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wan Mah Inness -- Chicago Title Company
Wan Mah Inness $225,000 Chicago Title Company
Dennis Gregory A $170,000 Lawyers Title
Hlin Jianming $135,000 First American Title Company
First David W -- None Available
First Doris M $72,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wan-Mah Inness $245,000
Previous Owner Wan Mah Inness $163,875
Previous Owner First David W $50,000
Previous Owner First Doris M $32,000
Previous Owner First Doris M $12,500
Previous Owner First Doris M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2017 06/04/17 Sold $218,000 -9.2% $109 / Sq Ft
05/04/2017 05/04/17 For Sale $240,000 +10.1% $120 / Sq Ft
05/03/2017 05/03/17 Off Market $218,000 -- --
04/28/2017 04/28/17 For Sale $240,000 0.0% $120 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/29/2017 03/29/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $240,000 +41.2% $120 / Sq Ft
06/23/2015 06/23/15 Sold $170,000 +0.1% $96 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $169,900 +25.9% $96 / Sq Ft
02/01/2013 02/01/13 Sold $135,000 -9.9% $77 / Sq Ft
01/13/2013 01/13/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $149,900 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2023 $2,995 $250,987 $39,041 $211,946
2022 $2,903 $246,067 $38,276 $207,791
2021 $2,856 $241,243 $37,526 $203,717
2020 $2,834 $238,771 $37,142 $201,629
2019 $2,774 $234,090 $36,414 $197,676
2018 $2,690 $229,500 $35,700 $193,800
2017 $2,107 $176,042 $36,243 $139,799
2016 $2,092 $172,591 $35,533 $137,058
2015 $1,720 $138,319 $30,737 $107,582
2014 $1,646 $135,612 $30,136 $105,476
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Diane Hilgenberg

    Century 21 Affiliated

  • D

    Buyer's Agent in 2017

    Dana Barnes

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • J

    Seller's Agent in 2015

    JOHNNY LAM

    IRN REALTY

  • R

    Seller's Agent in 2013

    Robert Chesvick

    Coldwell Banker Kivett-Teeters

  • J

    Buyer's Agent in 2013

    JERRY YAN

    IRN REALTY

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17031668

California Regional Multiple Listing Service (CRMLS)

APN: 445-101-037

California Riverside County Hemet 92543

1075 E Oakland Ave, Hemet, CA

This home is located at 1075 E Oakland Ave, Hemet, CA 92543 since 15 February 2017 and is currently estimated at $415,668, approximately $207 per square foot. This property was built in 1957. 1075 E Oakland Ave is a home located in Riverside County with nearby schools including Jacob Wiens Elementary School, Rancho Viejo Middle School, and Tahquitz 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes