NOT LISTED FOR SALE

1160 Olive Tree Ln Hemet, CA 92543

Hemet Area

Estimated Value: $216,637 - $526,000

4 Beds
4 Baths
2,181 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2017

Last sale price $255,000 $117 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,641 / mo

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • 4 Car Garage
  • Corner Lot
  • Central Heating and Cooling System
  • Turnkey

About This Home

As of May 2017

Great investment opportunity in central Hemet. Duplex, both units are 2BR/2BA with newer carpet and flooring. Both are well maintained and currently rented. Each has a 2 car garage.

Last Agent to Sell the Property

Steve Krasovec

Century 21 Masters License #01192212 Listed on: 04/19/2017

Century 21 Masters

Last Buyer's Agent

ANA RUBIO-JIMENEZ

COLDWELL BANKER LEADERS License #01246589

COLDWELL BANKER LEADERS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Ranch Style House
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,181 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in Garage

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 2962
  • Assessor Parcel Number 447172009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

7,841 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R3
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 447172009
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 116.92
  • Room Type: Master Suite

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7841.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 20160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 9
  • Tax Tract Number: 2962

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
May 21, 2025
Sold by
Bought by
Current Estimated Value
$429,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$187,745
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$241,414

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 8, 2017
Sold by
Bought by
Seller's Agent
Steve Krasovec
Century 21 Masters
Buyer's Agent
ANA RUBIO-JIMENEZ
COLDWELL BANKER LEADERS
List Price
$270,000
Sold Price
$255,000
Premium/Discount to List
-$15,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Oct 2, 2013
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
$139,000
Interest Rate
4.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 2013
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
$139,000
Interest Rate
4.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2013
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
$139,000
Interest Rate
4.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 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
$328,000
Interest Rate
5.09%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 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
$328,000
Interest Rate
5.09%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 24, 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
$220,000 Ticor Title Company
-- Chicago Title Company
$255,000 Chicago Title Company
$239,000 First American Title Company
$165,000 First American Title Company
-- First American Title Co
-- None Available
$126,000 Fidelity National Title Ie
-- Lawyers Title Company
-- --
$410,000 Lawyers Title Co
-- --
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
Open $190,000
Previous Owner $139,000
Previous Owner $328,000
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
05/25/2017 05/25/17 Sold $255,000 -5.6% $117 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $270,000 -- $124 / 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 $3,445 $443,700 $107,100 $336,600
2025 $3,378 $295,943 $40,617 $255,326
2023 $3,378 $284,453 $39,041 $245,412
2022 $3,273 $278,876 $38,276 $240,600
2021 $3,220 $273,409 $37,526 $235,883
2020 $3,192 $270,607 $37,142 $233,465
2019 $3,124 $265,302 $36,414 $228,888
2018 $3,028 $260,100 $35,700 $224,400
2017 $2,964 $252,437 $36,966 $215,471
2016 $2,943 $247,489 $36,242 $211,247
2015 $2,947 $243,774 $35,699 $208,075
2014 $2,817 $239,000 $35,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17086203

California Regional Multiple Listing Service (CRMLS)

APN: 447-172-009

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