NOT LISTED FOR SALE

1260 S State St Hemet, CA 92543

Estimated Value: $149,405

0.75 Acre
$199,207 Price per Acre
32,670 Sq Ft Lot

Last Sold May 21, 2015

Last sale price $75,000

Est. 99% increase in value since last sale

Current estimated payment $880/month

905 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Rectangular Lot

About This Lot

As of May 2015

Owner will carry loan. Level, chain-link fenced commercial (C-1) lot on growing south side of Hemet. 3/4 acre parcel near heavily-developed State and Stetson intersection.
Close to Stater Market, Wells Fargo Bank, K-Mart, Sprout's Market, Starbucks and the Hemet Department of Motor Vehicles office. Many neighborhood stores and restaurants draw large numbers of shoppers. High traffic count on State Street entering and leaving Hemet.

This lot is the second one north of signalized Thornton and State Streets. Curbs, gutters, sidewalk front the parcels along State St. This parcel has a 150 foot State Street frontage with a 231 foot depth--an excellent rectangular configuration. Check with the City if interested in a possible split.

GREAT FINANCING!! Owner will carry back loan with $20,000.00 down, the balance payable $600.00 per month, including 6% interest per annum. All principal and interest due in 5 years. On these terms there would be a balloon payment.

Last Agent to Sell the Property

Robert Schmeling

Bob Schmeling, Broker License #00369985 Listed on: 12/12/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,162

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 150 x 231
  • Wire Fence
  • Fence is in average condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • The property's topography is level
  • Property is zoned C-1

Property Views

  • Hills
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 451090014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$1,162

Lot Details

0

Listing Details

  • Improvements: Fenced
  • Ingress Egress: Yes
  • Possible Use Comments: Various commercial
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: C-1
  • Property Type: Land
  • Parcel Number: 451090014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.30

Exterior Features

  • View: Hills, Valley
  • Fencing: Average Condition, Chain Link, Wire
  • Trees: Some

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Topography: Level
  • Lot Features: Level, Rectangular Lot, Lot 20000-39999 Sqft, Paved
  • Lot Size: 150 x 231
  • Lot Size Sq Ft: 32670.00
  • Lot Size Acres: 0.7500

Multi Family

  • Lot Size Area: 0.7500 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Apr 30, 2015
Sold by
Cordery Theodore E
Bought by
Koei888 Llc
Seller's Agent
Robert Schmeling
Bob Schmeling, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$140,000
Sold Price
$75,000
Premium/Discount to List
-$65,000
-46.43%
Current Estimated Value
$149,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,405
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Aug 7, 2014
Sold by
Cordery Dora E
Bought by
Cordery Theodore E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koei888 Llc $75,000 Chicago Title
Cordery Theodore E -- None Available
Cordery Dora E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $75,000 -46.4% --
04/28/2015 04/28/15 Pending -- -- --
11/04/2012 11/04/12 For Sale $140,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,162 $90,133 $90,133 --
2023 $1,159 $86,634 $86,634 $0
2022 $1,137 $84,936 $84,936 $0
2021 $1,803 $83,271 $83,271 $0
2020 $1,133 $82,418 $82,418 $0
2019 $1,112 $80,802 $80,802 $0
2018 $1,083 $79,218 $79,218 $0
2017 $1,072 $77,665 $77,665 $0
2016 $1,066 $76,143 $76,143 $0
2015 $529 $25,826 $23,827 $1,999
2014 -- $25,322 $23,361 $1,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HM12137200

California Regional Multiple Listing Service (CRMLS)

APN: 451-090-014