NOT LISTED FOR SALE

1075 W Devonshire Ave Hemet, CA 92543

Estimated Value: $952,000 - $1,138,000

-- Bed
-- Bath
5,487 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $695,000 $127 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,480/month

About This Home

As of April 2020

Investor Alert! Immediate cash flow! This property is not a typical 4 plex. Each unit has it's own 2 car garage, Balcony, fireplace, laundry in each kitchen. 1 unit is a 3 bedroom 2 bath with a nice balcony and attached 2 car garage. The other 3 units are all 2 bedroom 2 bath units. Each with a 2 car detached garage and private patio. There's even a single car garage not assigned to any unit making for 9 total garages. Nice fenced corner location. All units are rented at market rent!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 14, 2020
Sold by
Tillmon Robert
Bought by
Tillmon Robert
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Sandra Argumendo
HomeSmart, Evergreen Realty
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%
Current Estimated Value
$1,083,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,820
Avg. Annual Appreciation
8.49%
Original Mortgage
$513,750
Outstanding Balance
$452,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$631,450

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 14, 2020
Sold by
Medlin Frankie Lee and Medlin Jamie Lee
Bought by
Tillmon Robert
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Sandra Argumendo
HomeSmart, Evergreen Realty
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Outstanding Balance
$452,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$631,450

Purchase Details

Closed on
May 6, 2013
Sold by
Medlin Frankie Lee
Bought by
Medlin Frankie Lee and Medlin Jamie Lee

Purchase Details

Closed on
Oct 14, 2009
Sold by
Medlin Jamie Lee
Bought by
Medlin Frankie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2009
Sold by
Quan Kingsley
Bought by
Smp Realty Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2005
Sold by
Tavarez Joseph S and Tavarez Susan B
Bought by
Quan Kingsley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
Tavarez Joseph S and Tavarez Shirley J
Bought by
Tavarez Joseph S and Tavarez Susan B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Tillmon Robert -- None Available
Tillmon Robert $695,000 Orange Coast Title Company
Medlin Frankie Lee -- None Available
Medlin Frankie Lee -- First American Title Company
Medlin Frankie Lee $140,000 First American Title
Smp Realty Holdings Inc $132,100 None Available
Quan Kingsley $618,000 First American Title Company
Tavarez Joseph S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillmon Robert $513,750
Previous Owner Medlin Frankie Lee $98,000
Previous Owner Quan Kingsley $494,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2020 04/16/20 Sold $695,000 -2.1% $163 / Sq Ft View Prior Sale
03/06/2020 03/06/20 Price Changed $710,000 +5.2% $166 / Sq Ft
03/02/2020 03/02/20 For Sale $675,000 -- $158 / Sq Ft

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 $8,544 $760,079 $164,045 $596,034
2023 $8,544 $730,567 $157,676 $572,891
2022 $8,270 $716,243 $154,585 $561,658
2021 $8,133 $702,200 $151,554 $550,646
2020 $2,013 $165,226 $76,710 $88,516
2019 $1,972 $161,987 $75,206 $86,781
2018 $1,913 $158,812 $73,733 $85,079
2017 $1,892 $155,699 $72,288 $83,411
2016 $1,879 $152,647 $70,871 $81,776
2015 $1,873 $150,356 $69,807 $80,549
2014 $1,793 $147,413 $68,441 $78,972
Source: Public Records

Agents Affiliated with this Home

  • Lee Medlin

    Seller's Agent in 2020

    Lee Medlin

    National Realty Group

    (951) 313-9246

    64 Total Sales

    Lee Medlin
    Section Image
  • Sandra Argumendo

    Buyer's Agent in 2020

    Sandra Argumendo

    HomeSmart, Evergreen Realty

    (562) 244-8062

    67 Total Sales

    Sandra Argumendo
    Section Image
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Map

California Riverside County Hemet 92543

1075 W Devonshire Ave, Hemet, CA

This home is located at 1075 W Devonshire Ave, Hemet, CA 92543 and is currently estimated at $1,083,820, approximately $197 per square foot. 1075 W Devonshire Ave is a home located in Riverside County with nearby schools including Fruitvale 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.

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