NOT LISTED FOR SALE

113 E Kimball Ave Hemet, CA 92543

Downtown Hemet Neighborhood

Estimated Value: $354,000 - $481,867

5 Beds
3 Baths
2,000 Sq Ft
$213/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2019

Last sale price $285,000 $142 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,598 / mo

121 Days on Market

About This Home

As of September 2019

Don't let the age fool you this asset is fresh off complete remodel. Recent leased with qualified tenants and ready for the savvy hands-off investor. Three different structures with one of them being a detached two-car garage. Other high density apartments nearby so very much conforming to the neighborhood.

Last Agent to Sell the Property

Jarrod Whitehorn

Jarrod Whitehorn, Broker License #01480456 Listed on: 03/25/2019

Last Buyer's Agent

Michael Ballard

Century 21 Masters License #00713261

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 443311004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,800
  • Fuel Expense $600
  • Insurance Expense $2,000
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,200
  • Operating Expense $13,300
  • Gross Income $32,220
  • Net Operating Income $18,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 443311004
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 142.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 4800.00
  • Fuel Expense: 600.00
  • Gross Income: 32220.00
  • Gross Operating Income: 32220.00
  • Gross Scheduled Income: 2685.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 18920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13300.00
  • Rent Control: No
  • Total Expenses: 13300.00

Tax Info

  • New Taxes Expense: 3200.00
  • Tax Census Tract: 434.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Bought by
Current Estimated Value
$425,217

Purchase Details

Closed on
Nov 19, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
0.0299%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2019
Closed on
Sep 20, 2019
Sold by
Bought by
Seller's Agent
Jarrod Whitehorn
Jarrod Whitehorn, Broker
Buyer's Agent
Michael Ballard
Century 21 Masters
List Price
$324,990
Sold Price
$285,000
Premium/Discount to List
-$39,990
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$213,750
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2019
Closed on
Sep 17, 2019
Sold by
Bought by
Seller's Agent
Jarrod Whitehorn
Jarrod Whitehorn, Broker
Buyer's Agent
Michael Ballard
Century 21 Masters
List Price
$324,990
Sold Price
$285,000
Premium/Discount to List
-$39,990
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Bought by

Purchase Details

Closed on
May 23, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0587%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Corinthian Title Company
-- First American Title
-- First American Title Company
$285,000 First American Title
-- First American Title Co
-- First American Title Company
$135,000 First American Title Company
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $219,000
Previous Owner $213,750
Previous Owner $120,000
Previous Owner $58,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $285,000 -3.4% $143 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $294,990 -1.7% $147 / Sq Ft
05/30/2019 05/30/19 Price Changed $299,990 -7.7% $150 / Sq Ft
03/25/2019 03/25/19 For Sale $324,990 -- $162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,613 $318,135 $65,616 $252,519
2023 $3,613 $299,583 $63,069 $236,514
2022 $3,431 $293,710 $61,833 $231,877
2021 $3,375 $287,952 $60,621 $227,331
2020 $3,344 $285,000 $60,000 $225,000
2019 $1,667 $137,700 $40,800 $96,900
2018 $915 $72,213 $24,333 $47,880
2017 $905 $70,798 $23,856 $46,942
2016 $899 $69,411 $23,389 $46,022
2015 $897 $68,371 $23,039 $45,332
2014 $861 $67,034 $22,589 $44,445
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jarrod Whitehorn

    Jarrod Whitehorn, Broker

    (951) 378-4996

    171 Total Sales

    Jarrod Whitehorn
    Section Image
  • Michael Ballard

    Buyer's Agent in 2019

    Michael Ballard

    Century 21 Masters

    (909) 464-2000

    42 Total Sales

    Michael Ballard
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19065934

California Regional Multiple Listing Service (CRMLS)

APN: 443-311-004

California Riverside County Hemet 92543 Downtown Hemet

113 E Kimball Ave, Hemet, CA

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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

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