NOT LISTED FOR SALE

1265 Olive Tree Ln Unit C Hemet, CA 92543

Estimated Value: $578,000 - $807,277

1 Bed
1 Bath
725 Sq Ft
$935/Sq Ft Est. Value

Highlights

  • Private Yard
  • Cooling Available
  • 1-Story Property
  • No HOA
  • Central Heating

About This Home

As of March 2024

Charming 1 bed/1 bath apartment available for rent with nice patio, too! Updated flooring and neutral gray paint throughout. Don't delay and apply today!

Last Agent to Rent the Property

Damien Melle

MODERN REAL ESTATE SHOP License #01382073 Listed on: 02/21/2024

Last Renter's Agent

Mia Melle

HxP Real Estate, Inc. License #01382073

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Urban Location

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $1,395
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 2/21/24
  • Tax Lot 22
  • Tax Tract Number 2962
  • Assessor Parcel Number 447173022

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

6,970 Sq Ft Lot

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-02-21
  • Credit Check Paid By: Owner
  • Deposit Security: 1395
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 447173022
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 725.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 22
  • Tax Tract Number: 2962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Cutler Brian Charles & Adriana Plaza
Bought by
Cutler Family Trust
Current Estimated Value
$677,819

Purchase Details

Closed on
Aug 1, 2018
Sold by
Newman Potas Harvel
Bought by
Cutler Brian Charles and Cutler Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
White Star Capital Llc
Bought by
Newman Potas Harvel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,715
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2014
Sold by
Davis Shawn and Acfalle Lamar
Bought by
White Star Capital Llc

Purchase Details

Closed on
Mar 23, 2006
Sold by
Winn Dennis and Winn Connie
Bought by
Davis Shawn and Acfalle Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 3, 2001
Sold by
Milosavljevic Miodrag and Milosavljevic Vinka
Bought by
G & R Walker Corp

Purchase Details

Closed on
May 9, 1994
Sold by
Northeast Svgs Fa
Bought by
American Custody Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cutler Family Trust -- --
Cutler Brian Charles $475,000 Equity Title
Newman Potas Harvel $355,000 Old Republic Title Company
White Star Capital Llc $229,000 Old Republic Title Company
Davis Shawn $540,000 Commonwealth Land Title Co
G & R Walker Corp $483,000 Orange Coast Title
American Custody Corp $100,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutler Brian Charles $356,250
Previous Owner Newman Potas Harvel $366,715
Previous Owner Davis Shawn $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Rented $1,395 0.0% --
02/21/2024 02/21/24 For Rent $1,395 0.0% --
12/14/2022 12/14/22 Rented $1,395 0.0% --
10/31/2022 10/31/22 Price Changed $1,395 -12.5% $2 / Sq Ft
10/04/2022 10/04/22 For Rent $1,595 -- --
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 $5,984 $529,866 $172,902 $356,964
2023 $5,984 $509,292 $166,189 $343,103
2022 $5,794 $499,307 $162,931 $336,376
2021 $5,699 $489,518 $159,737 $329,781
2020 $5,634 $484,500 $158,100 $326,400
2019 $5,512 $475,000 $155,000 $320,000
2018 $4,264 $369,342 $72,828 $296,514
2017 $4,213 $362,100 $71,400 $290,700
2016 $2,785 $232,491 $50,762 $181,729
2015 $2,858 $236,000 $65,000 $171,000
2014 $2,582 $218,000 $65,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24036415

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-022

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