NOT LISTED FOR SALE

1150 Valencia Ave Hemet, CA 92543

Hemet Area

Estimated Value: $557,000 - $948,000

2 Beds
1 Bath
3,200 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2014

Last sale price $210,000 $66 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $4,187 / mo

155 Days on Market

About This Home

As of June 2014

Great investor opportunity .All units are 2 bedroom and will need new renters as existing tenants are being evicted. Units are in good condition other than cosmetics and this wood be a good time to improve

Last Agent to Sell the Property

Richard Ragland

R & R Real Estate License #01245065 Listed on: 07/25/2013

Last Buyer's Agent

Richard Ragland

R & R Real Estate License #01245065 Listed on: 07/25/2013

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,250 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Listing and Financial Details

  • Tax Lot b
  • Tax Tract Number 4364
  • Assessor Parcel Number 442304018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $10
  • Gardener Expense $30
  • Insurance Expense $90
  • Trash Expense $20
  • Water Sewer Expense $20
  • Net Operating Income $3,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

7,250 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 20.00
  • Property Type: Residential Income
  • Gardener Expense: 30.00
  • Parcel Number: 442304018
  • Year Built: 1976
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 65.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Shared Septic
  • Trash Expense: 20.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7250.00
  • Lot Size Acres: 0.1660

Multi Family

  • Average2 Bed Area: 800
  • Electric Expense: 10.00
  • Gross Scheduled Income: 37000.00
  • Insurance Expense: 90.00
  • Lot Size Area: 7250.0000 Square Feet
  • Net Operating Income: 3400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3300.00
  • Rent Control: No

Tax Info

  • Tax Lot: b
  • Tax Tract Number: 4364
  • Tax Year: 2012

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
Oct 29, 2014
Sold by
Bought by
Current Estimated Value
$721,000

Purchase Details

Listed on
Jul 25, 2013
Closed on
Jun 12, 2014
Sold by
Bought by
Seller's Agent
Richard Ragland
R & R Real Estate
Buyer's Agent
Richard Ragland
R & R Real Estate
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Feb 9, 2005
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
$357,000
Interest Rate
5.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1998
Sold by
Bought by
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
$189,000 Ticor Title Company
$203,374 Accommodation
-- Fidelity National Title Co
-- --
-- --
-- Orange Coast Title
$82,000 Orange Coast Title
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 $357,000
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
06/30/2014 06/30/14 Sold $210,000 0.0% $66 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $210,000 -- $66 / 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
2026 $2,700 $231,682 $79,678 $152,004
2025 $2,648 $227,140 $78,116 $149,024
2023 $2,648 $218,322 $75,084 $143,238
2022 $2,569 $214,042 $73,612 $140,430
2021 $2,528 $209,846 $72,169 $137,677
2020 $2,504 $207,695 $71,429 $136,266
2019 $2,451 $203,624 $70,029 $133,595
2018 $2,378 $199,632 $68,656 $130,976
2017 $2,351 $195,718 $67,310 $128,408
2016 $2,334 $191,882 $65,991 $125,891
2015 $2,328 $189,000 $65,000 $124,000
2014 $2,561 $215,000 $65,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13147353

California Regional Multiple Listing Service (CRMLS)

APN: 442-304-018

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