NOT LISTED FOR SALE

1235 Valencia Ave Hemet, CA 92543

Hemet Area

Estimated Value: $708,000 - $888,000

8 Beds
5 Baths
3,250 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2019

Last sale price $489,000 $150 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,967 / mo

19 Days on Market

About This Home

As of December 2019

Property has many upgrades including newer windows and tile floors throughout most of the units. A good unit mix of all two bedroom units with the "A" unit having two bathrooms. All units have separate gas and electric meters along with their own water heaters and central A/C. Exterior is low maintenance with decorative rock and small palm trees. Plenty of parking and a private laundry room. Conveniently located to all necessities.

Last Agent to Sell the Property

Jaime Garcia

Century 21 Allstars License #01233300 Listed on: 09/20/2019

Century 21 Allstars

Last Buyer's Agent

Yanira Zazueta

WEST SHORES REALTY License #01776957

WEST SHORES REALTY

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 1977

Lot Details

  • 7,926 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,250 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 12 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Washer Hookup
  • Property is near public transit

Listing and Financial Details

  • Tax Lot E
  • Tax Tract Number 4378
  • Assessor Parcel Number 442305004

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $25
  • Fuel Expense $25
  • Insurance Expense $900
  • Trash Expense $150
  • Water Sewer Expense $300
  • New Taxes Expense $6,123
  • Operating Expense $13,023
  • Gross Income $48,000
  • Net Operating Income $41,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,926 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 442305004
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 150.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7926.00
  • Lot Size Acres: 0.1820

Multi Family

  • Electric Expense: 25.00
  • Fuel Expense: 25.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7926.0000 Square Feet
  • Net Operating Income: 41400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 6600.00
  • Rent Control: No
  • Total Expenses: 13023.00

Tax Info

  • New Taxes Expense: 6123.00
  • Tax Census Tract: 434.05
  • Tax Lot: E
  • Tax Tract Number: 4378

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
Mar 23, 2022
Sold by
Romero Joe L
Bought by
Current Estimated Value
$765,167

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 19, 2019
Sold by
Alcantar Alfredo
Bought by
Romero Joe L
Seller's Agent
Jaime Garcia
Century 21 Allstars
Buyer's Agent
Yanira Zazueta
WEST SHORES REALTY
List Price
$489,900
Sold Price
$489,000
Premium/Discount to List
-$900
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$366,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2016
Closed on
Dec 27, 2016
Sold by
Alcantar Laura O
Bought by
Alcantar Alfredo
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Jaime Garcia
Century 21 Allstars
List Price
$379,000
Sold Price
$355,000
Premium/Discount to List
-$24,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$343,660
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 10, 2016
Closed on
Nov 11, 2016
Sold by
Becerra Antonio
Bought by
Alcantar Alfredo
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Jaime Garcia
Century 21 Allstars
List Price
$379,000
Sold Price
$355,000
Premium/Discount to List
-$24,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 21, 2013
Sold by
Duran Aida A
Bought by
Becerra Antonio
Seller's Agent
MARTHA BARETE
EVER HOME REALTY
Buyer's Agent
JOSEPH GONZALES
RAM PROPERTIES & ASSOCIATES
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$150,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 1, 2013
Sold by
Vasquez Jorge and Vazquez Josefina G
Bought by
Becerra Antonio
Seller's Agent
MARTHA BARETE
EVER HOME REALTY
Buyer's Agent
JOSEPH GONZALES
RAM PROPERTIES & ASSOCIATES
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2009
Sold by
U S Bank National Association
Bought by
Vazquez Jorge and Vazquez Josefina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2007
Sold by
Moore Gregory
Bought by
U S Bank Na

Purchase Details

Closed on
Aug 14, 2006
Sold by
Moore Gregory R
Bought by
1235 Valencia Trust and Lewis W N

Purchase Details

Closed on
Apr 18, 2005
Sold by
Moore Cathy
Bought by
Moore Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2005
Sold by
Tensity Group Llc
Bought by
Moore Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2005
Sold by
White Rory Scott
Bought by
Tensity Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2003
Sold by
White Madaline
Bought by
White Rory Scott

Purchase Details

Closed on
May 1, 2003
Sold by
Coleman Mitchell K
Bought by
White Rory Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2002
Sold by
Coleman Debra A
Bought by
Coleman Mitchell K

Purchase Details

Closed on
Mar 5, 2002
Sold by
Aplin Reese
Bought by
Coleman Mitchell K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2002
Sold by
Stone Janet R
Bought by
Aplin Reese and Panacea Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Stone Janet R

Purchase Details

Closed on
Apr 30, 1996
Sold by
Hemet Valencia Properties Ltd
Bought by
Home Svgs Of America Fsb
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
$735,000 First American Title
Romero Joe L $489,000 Stewart Title
Alcantar Alfredo -- Fidelity National Title
Alcantar Alfredo $355,000 Fidelity National Title
Becerra Antonio -- Ticor Title
Becerra Antonio $200,000 Ticor Title
Vazquez Jorge $200,000 Falend
U S Bank Na $540,185 Accommodation
1235 Valencia Trust -- None Available
Moore Gregory -- Orange Coast Title
Moore Gregory $548,000 Orange Coast Title
Tensity Group Llc -- Orange Coast Title
White Rory Scott -- Orange Coast Title Co
White Rory Scott $335,000 Orange Coast Title Co
Coleman Mitchell K -- Northern Counties Title
Coleman Mitchell K $132,000 Northern Counties Title
Aplin Reese $110,000 First American Title Co
Stone Janet R $53,000 Stewart Title Company
Home Svgs Of America Fsb $58,500 Stewart 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 $366,750
Previous Owner Alcantar Alfredo $53,577
Previous Owner Alcantar Alfredo $343,660
Previous Owner Becerra Antonio $150,000
Previous Owner Vazquez Jorge $130,000
Previous Owner Moore Gregory $493,200
Previous Owner White Rory Scott $256,000
Previous Owner Coleman Mitchell K $15,000
Previous Owner Coleman Mitchell K $105,600
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 Prior Sale
12/30/2019 12/30/19 Sold $489,000 -0.2% $150 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $489,900 +38.0% $151 / Sq Ft
12/29/2016 12/29/16 Sold $355,000 -1.1% $109 / Sq Ft View Prior Sale
11/07/2016 11/07/16 Pending -- -- --
10/26/2016 10/26/16 Price Changed $359,000 -2.7% $110 / Sq Ft
10/14/2016 10/14/16 Price Changed $369,000 +2.8% $114 / Sq Ft
10/14/2016 10/14/16 Price Changed $359,000 -2.7% $110 / Sq Ft
09/22/2016 09/22/16 Price Changed $369,000 -2.6% $114 / Sq Ft
08/10/2016 08/10/16 For Sale $379,000 +89.5% $117 / Sq Ft
06/06/2013 06/06/13 Sold $200,000 +0.1% $308 / Sq Ft View Prior Sale
04/06/2013 04/06/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $199,900 -- $308 / 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 $8,945 $795,586 $92,006 $703,580
2025 $8,771 $779,987 $90,202 $689,785
2023 $8,771 $749,700 $86,700 $663,000
2022 $5,864 $503,945 $82,444 $421,501
2021 $5,768 $494,065 $80,828 $413,237
2020 $5,698 $489,000 $80,000 $409,000
2019 $4,328 $369,342 $62,424 $306,918
2018 $4,195 $362,100 $61,200 $300,900
2017 $4,146 $355,000 $60,000 $295,000
2016 $2,519 $208,043 $26,004 $182,039
2015 $2,512 $204,919 $25,614 $179,305
2014 $2,402 $200,907 $25,113 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19225089

California Regional Multiple Listing Service (CRMLS)

APN: 442-305-004

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