NOT LISTED FOR SALE

123 E Kimball Ave Unit AD Hemet, CA 92543

Downtown Hemet Neighborhood

Estimated Value: $690,264 - $718,000

1 Bed
1 Bath
2,800 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2017

Last sale price $329,500 $118 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,010 / mo

40 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Wall Furnace

About This Home

As of August 2017

Great four unit apartment building near the middle of town. Walking close to much of central Hemet. All
units have one bedroom and one bathroom. Each unit has its own one car garage. All units rented to long
term tenants. Additional possible studio unit in building with designated office space.

Last Agent to Sell the Property

Non-mls Src

Src Non-mls License #0 Listed on: 06/01/2017

Last Buyer's Agent

Roger Wazny

Sireci Group Inc. License #01881605

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 1989

Lot Details

  • 5,778 Sq Ft Lot
  • Lot Dimensions are 107x54
  • Two or More Common Walls
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • 2,800 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 443311001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,094
  • Trash Expense $441
  • New Taxes Expense $2,819
  • Net Operating Income $16,097

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

5,778 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 443311001
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 117.68

Exterior Features

  • Pool Private: No
  • Roof: Asphalt, Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 441.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Level, Walkstreet
  • Lot Size: 107x54
  • Lot Size Sq Ft: 5778.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1094.00
  • Laundry Income: 113.00
  • Net Operating Income: 16097.00
  • Number Of Units Total: 4
  • Operating Expense Percent: 48.00
  • Other Income1: 1900.00
  • Other Income2: 33600.00
  • Other Income Description: Forfeited security deposits.
  • Rent Control: No
  • Total Actual Rent: 2900.00

Tax Info

  • New Taxes Expense: 2819.00
  • 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
Aug 6, 2025
Sold by
Sudds Nicole
Bought by
Current Estimated Value
$652,044

Purchase Details

Closed on
Dec 21, 2018
Sold by
Ritchie See Carson K and Ritchie Li
Bought by
Sudds Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 21, 2017
Sold by
Worcester John and Worcester Diane
Bought by
See Carson K and Li Ritchie
Seller's Agent
Non-mls Src
Src Non-mls
Buyer's Agent
Roger Wazny
Sireci Group Inc.
List Price
$350,000
Sold Price
$329,500
Premium/Discount to List
-$20,500
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$247,125
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2012
Sold by
Worcester John and Worcester Diane
Bought by
Worcester John and Worcester Diane

Purchase Details

Closed on
Mar 10, 2004
Sold by
Paluso Gary E and Paluso Linda S
Bought by
Worcester John and Worcester Diane

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
4.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 18, 2003
Sold by
Rubicon Properties Llc
Bought by
Paluso Gary E and Paluso Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2003
Sold by
Grimaldi Larry
Bought by
Rubicon Properties Llc

Purchase Details

Closed on
Jan 20, 2003
Sold by
Braswell Brigitta
Bought by
Grimaldi Larry

Purchase Details

Closed on
Oct 22, 2002
Sold by
Dodson E F and Dodson Beverly J
Bought by
Grimaldi Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 1997
Sold by
Dodson Ernest F and Dodson Beverly J
Bought by
Dodson E F and Dodson Beverly J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Hemet, CA

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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
Sudds Nicole $400,000 Lawyers Title Company
See Carson K $329,500 Corinthian Title Company
Worcester John -- None Available
Worcester John $410,000 Orange Coast Title Co
Paluso Gary E $333,500 Orange Coast Title Co
Rubicon Properties Llc -- --
Grimaldi Larry -- Orange Coast Title
Grimaldi Larry $239,000 Orange Coast Title
Dodson E F -- --
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 $97,141
Previous Owner Sudds Nicole $392,046
Previous Owner Sudds Nicole $392,755
Previous Owner See Carson K $247,125
Previous Owner Worcester John $328,000
Previous Owner Paluso Gary E $244,000
Previous Owner Grimaldi Larry $215,100
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
08/22/2017 08/22/17 Sold $329,500 -5.9% $118 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $350,000 -- $125 / 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 $5,162 $620,000 $85,000 $535,000
2025 $5,162 $446,204 $111,550 $334,654
2023 $5,062 $428,879 $107,219 $321,660
2022 $4,902 $420,470 $105,117 $315,353
2021 $4,822 $412,226 $103,056 $309,170
2020 $4,770 $408,000 $102,000 $306,000
2019 $3,944 $336,090 $56,100 $279,990
2018 $3,823 $329,500 $55,000 $274,500
2017 $3,518 $300,000 $89,000 $211,000
2016 $2,819 $235,000 $70,000 $165,000
2015 $2,632 $216,000 $70,000 $146,000
2014 $2,429 $204,000 $65,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17125683

California Regional Multiple Listing Service (CRMLS)

APN: 443-311-001

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