NOT LISTED FOR SALE

1145 Olive Tree Ln Hemet, CA 92543

Estimated Value: $493,000 - $669,000

6 Beds
3 Baths
2,508 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $215,000 $86 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,435/month

62 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 3 Car Garage

About This Home

As of December 2013

Enjoy the peaceful and quite cuddlesac located in Hemet, CA. The unit is freshly painted with ceramic tile floors. New, white kitchen cabinets with new counter tops with a new stainless steel range hood and a new stainless steel sink with a new garbage disposal. There are two large bedrooms with full closets and a partly new bathroom. Stay cool with central air conditioning. A like new fridge and stove are included in the kitchen. Enjoy having your own enclosed garage to store items or your car.

The property is close to schools, churches and shopping. Pest control, gardening, water and trash are included in your rent. Looking for a caring tenant to take care of the property and enjoy what it has to offer.

Last Agent to Sell the Property

Debbie Green

Century 21 Masters License #00627832 Listed on: 08/15/2013

Century 21 Masters

Last Buyer's Agent

Joe Worth

Omni Go Inc. License #01892837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1969

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,508 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 2962
  • Assessor Parcel Number 447173029

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 447173029
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 85.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 2962
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Parr Jeffrey Paul and Parr Michele Lequire
Bought by
Parr Family Revocable Living Trust
Current Estimated Value
$600,333

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 1, 2013
Sold by
Federal National Mortgage Association
Bought by
Parr Jeff and Parr Michele
Seller's Agent
Debbie Green
Century 21 Masters
Buyer's Agent
Joe Worth
Omni Go Inc.
List Price
$241,900
Sold Price
$215,000
Premium/Discount to List
-$26,900
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$161,250
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2013
Sold by
Downey Joe R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2005
Sold by
Downey Joe R
Bought by
Downey Joe R

Purchase Details

Closed on
Apr 13, 2003
Sold by
3T Properties Llc
Bought by
Downey Joe R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2002
Sold by
Wooten Patrick T and Wooten Patricia M
Bought by
3T Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,800
Interest Rate
6.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Parr Family Revocable Living Trust -- --
Parr Jeff $215,000 First American Title Ins Co
Federal National Mortgage Association $231,389 Accommodation
Downey Joe R -- --
Downey Joe R $295,000 Chicago Title Co
3T Properties Llc $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parr Jeff $161,250
Previous Owner Downey Joe R $236,000
Previous Owner 3T Properties Llc $207,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,495 -- --
09/17/2024 09/17/24 For Rent $1,495 0.0% --
12/10/2013 12/10/13 Sold $215,000 -11.1% $86 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $241,900 -- $96 / 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
2025 $3,022 $263,548 $55,156 $208,392
2023 $3,022 $253,315 $53,015 $200,300
2022 $2,929 $248,349 $51,976 $196,373
2021 $2,882 $243,480 $50,957 $192,523
2020 $2,857 $240,984 $50,435 $190,549
2019 $2,796 $236,260 $49,447 $186,813
2018 $2,711 $231,628 $48,478 $183,150
2017 $2,680 $227,087 $47,528 $179,559
2016 $2,660 $222,636 $46,597 $176,039
2015 $2,653 $219,295 $45,899 $173,396
2014 $2,536 $215,000 $45,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HM13165589

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-029