W
Seller's Agent in 2021
William Tyler
Century 21 Masters
(951) 316-9048
29 Total Sales
Estimated Value: $533,000 - $697,000
5
Beds
3.5
Baths
3,353
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Traditional Architecture
- Covered Patio or Porch
- RV Access or Parking
- No HOA
- Breakfast Area or Nook
About This Home
As of August 2021Outstanding investment opportunity in a fast growing market, This TURNKEY 5 bedroom and 3 bathroom duplex is located on a HUGE lot, with private backyards and plenty of parking, including RV PARKING. These units are so large you feel as if you're living in your own private home. Total square footage is 3353 square feet with open living rooms and extra large bedrooms. Unit # 1 (1171 Olive Tree Lane) has 2 bedrooms, 1 full bathroom, manicured private backyard, and 2 car garage. Unit # 2 (1165 Olive Tree Lane) has 3 bedrooms, 2 bathrooms, private backyard, covered carport, RV PARKING, and 1 car garage. Central AC and Heating systems and complete separate utilities. The tenants are long term tenants and would like to remain in the property if possible. Very low maintenance with enormous upside. A MUST SEE!!
Last Agent to Sell the Property
Century 21 Masters License #01315883 Listed on: 05/05/2021
Last Buyer's Agent
Chibuzor Okolo
Century 21 Masters License #02090673
Home Details
Home Type
- Single Family
Year Built
- Built in 1972
Lot Details
- 0.32 Acre Lot
- Wood Fence
- Level Lot
- Back and Front Yard
- Property is zoned R3
Parking
- 3 Car Attached Garage
- Attached Carport
- Parking Available
- Two Garage Doors
- Driveway
- RV Access or Parking
Home Design
- Traditional Architecture
- Turnkey
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,353 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Storage
- Laundry Room
- Carpet
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Electric Oven
- Electric Range
- Dishwasher
- Kitchen Island
- Laminate Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
Schools
- Hemet High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 2962
- Assessor Parcel Number 447173028
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Jul 13, 2021
Sold by
Heikkila Jeremiah Edward
Bought by
Pirelli Carmela Cantu
Seller's Agent
William Tyler
Century 21 Masters
Buyer's Agent
Chibuzor Okolo
Century 21 Masters
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,322
Avg. Annual Appreciation
4.96%
Original Mortgage
$375,000
Outstanding Balance
$340,772
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$281,550
Purchase Details
Listed on
May 5, 2021
Closed on
Jul 7, 2021
Sold by
Bioseh Chibuzor
Bought by
Okolo Chibuzor
Seller's Agent
William Tyler
Century 21 Masters
Buyer's Agent
Chibuzor Okolo
Century 21 Masters
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$340,772
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$281,550
Purchase Details
Listed on
May 5, 2021
Closed on
Jun 30, 2021
Sold by
Cantu Pirelli Daniela and Heikkila Carmela Cantu
Bought by
Okolo Chibuzor
Seller's Agent
William Tyler
Century 21 Masters
Buyer's Agent
Chibuzor Okolo
Century 21 Masters
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$340,772
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$281,550
Purchase Details
Closed on
Oct 23, 2000
Sold by
Cantrell Daniel M and Cantrell Neva J
Bought by
Pirelli Daniela Cantu and Pirelli Carmela Cantu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 1997
Sold by
Talbert Neva J
Bought by
Talbert Neva J and Neva J Talbert Family Trust
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pirelli Carmela Cantu | -- | First American Title Company | |
| Okolo Chibuzor | -- | First American Title | |
| Okolo Chibuzor | $500,000 | First American Title | |
| Pirelli Daniela Cantu | $120,000 | First American Title Co | |
| Talbert Neva J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Okolo Chibuzor | $375,000 | |
| Closed | Okolo Chibuzor | $375,000 | |
| Previous Owner | Pirelli Daniela Cantu | $96,000 | |
| Closed | Pirelli Daniela Cantu | $11,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2021 08/10/21 | Sold | $500,000 | -9.1% | $149 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | Price Changed | $550,000 | -20.3% | $164 / Sq Ft |
| 05/05/2021 05/05/21 | For Sale | $690,000 | -- | $206 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,016 | $530,603 | $68,978 | $461,625 |
| 2023 | $6,016 | $510,000 | $66,300 | $443,700 |
| 2022 | $5,828 | $500,000 | $65,000 | $435,000 |
| 2021 | $2,048 | $167,026 | $41,750 | $125,276 |
| 2020 | $2,044 | $165,314 | $41,322 | $123,992 |
| 2019 | $2,003 | $162,073 | $40,512 | $121,561 |
| 2018 | $1,944 | $158,896 | $39,719 | $119,177 |
| 2017 | $1,923 | $155,782 | $38,941 | $116,841 |
| 2016 | $1,910 | $152,728 | $38,178 | $114,550 |
| 2015 | $1,904 | $150,435 | $37,605 | $112,830 |
| 2014 | $1,824 | $147,490 | $36,869 | $110,621 |
Source: Public Records
Agents Affiliated with this Home
-
William Tyler
-
C
Buyer's Agent in 2021
Chibuzor Okolo
Century 21 Masters
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW21094787
APN: 447-173-028
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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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