NOT LISTED FOR SALE

1438 N Palm Ave Hemet, CA 92543

Equestrian Downs Neighborhood

Estimated Value: $516,000 - $784,000

5 Beds
3 Baths
2,566 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $445,000 $173 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,031/month

80 Days on Market

Highlights

  • Detached Guest House
  • Horse Property
  • Gated Parking
  • Stables
  • RV Hookup
  • 0.86 Acre Lot

About This Home

As of June 2019

Horse property ranch house on .83 acres. Enter the property at the front circular driveway. The main house is a 3 bedroom 2 bath 1692 sqft ranch style with attached 2 car garage. When you walk in the kitchen is open to the dining area. The kitchen is spacious with electric stainless appliances. The large living room has a large stone fireplace and opens to the enclosed rear patio. The roof and roof mounted HVAC unit were replaced approx. 8 years ago. There is also a solar water heater with accompanying gas water heater. As you make your way to the rear of the property analog the gravel driveway there is detached 2 car garage and workshop. Next to the workshop are horse stables and a 2 bedroom 1 bath auxiliary dwelling unit. This property is very close to Valley Wide regional park and in a great location for 4th of July fireworks.

Last Agent to Sell the Property

Michael Perciful

SoCal Realtors & Associates License #01476173 Listed on: 03/07/2019

Co-Listed By

Angelita Perciful

SoCal Realtors & Associates License #02004434

Last Buyer's Agent

Frank Widle

Wine Country Realty License #01043574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1976

Lot Details

  • 0.86 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Density is 2-5 Units/Acre
  • Property is zoned A1

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Circular Driveway
  • Gated Parking
  • Guest Parking
  • RV Hookup

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,566 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Solar Water Heater

Outdoor Features

  • Horse Property
  • Screened Patio
  • Arizona Room
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Detached Guest House

Location

  • Property is near a park
  • Suburban Location

Schools

  • Fruitvale Elementary School
  • Aliso Viejo Middle School
  • Tahquitz High School

Horse Facilities and Amenities

  • Horse Property Improved
  • Stables

Utilities

  • Evaporated cooling system
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Septic Type Unknown
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 6
  • Assessor Parcel Number 439030019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,555

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: out buildings
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: A1
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 439030019
  • Year Built: 1976
  • Special Features: 20

Interior Features

  • Fireplace: Yes
  • Living Area: 2566.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Gas, Wood Burning, Masonry
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 173.42
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Sun, Walk-In Closet, Workshop
  • Window Features: Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Guest House Detached, Shed(s), Workshop
  • Exterior Features: Lighting, Satellite Dish, Stable
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Arizona Room, Concrete, Rear Porch, Screened Porch, Slab
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Brick, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Garage Faces Front, Gated, Guest, RV Hook-Ups, Workshop in Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Range Hood, Solar Hot Water
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Suburban

Schools

  • School District: Hemet Unified
  • Elementary School: Fruitvale
  • Middle School: Aliso Viejo
  • High School: Tahquitz
  • Elementary School: Fruitvale
  • High School: Tahquitz
  • Middle Or Junior School: Aliso Viejo
  • Elementary School #2: FRUITV
  • High School2: TAHQUI

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Insulation, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Horse Property, Horse Property Improved, Landscaped, Lot 20000-39999 Sqft, Rectangular Lot, Level, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 37462.00
  • Lot Size Acres: 0.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37462.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 435.07
  • Tax Lot: 3
  • Tax Tract Number: 6-222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
May 11, 2019
Sold by
Fesler Schwarte Armell D
Bought by
Herrera Anthony and Herrera Sandra L
Seller's Agent
Michael Perciful
SoCal Realtors & Associates
Buyer's Agent
Frank Widle
Wine Country Realty
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$681,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,681
Avg. Annual Appreciation
6.90%
Original Mortgage
$300,000
Outstanding Balance
$263,761
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$417,920

Purchase Details

Closed on
Sep 24, 2010
Sold by
Fesler Schwarte Armell D and Schwarte Norman P
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 12, 2006
Sold by
Fesler Schwarte Armell D
Bought by
Fesler Schwarte Norman P and Fesler Schwarte Armell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,780
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1995
Sold by
Schwarte Norman Page and Fesler Schwarte Armell D
Bought by
Fesler Schwarte Armell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
7.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Herrera Anthony $445,000 Corinthian Title
Bank Of America Na $137,250 Landsafe Title
Fesler Schwarte Norman P -- Alliance Title Company
Fesler Schwarte Armell D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Anthony $300,000
Previous Owner Fesler Schwarte Norman P $202,780
Previous Owner Fesler Schwarte Armell D $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $445,000 0.0% $173 / Sq Ft
06/06/2019 06/06/19 For Sale $445,000 0.0% $173 / Sq Ft
03/23/2019 03/23/19 Price Changed $445,000 -1.1% $173 / Sq Ft
03/07/2019 03/07/19 For Sale $450,000 -- $175 / Sq Ft
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 $5,555 $496,402 $66,929 $429,473
2023 $5,555 $477,128 $64,331 $412,797
2022 $5,375 $467,773 $63,070 $404,703
2021 $5,285 $458,602 $61,834 $396,768
2020 $5,201 $453,900 $61,200 $392,700
2019 $4,075 $355,698 $96,999 $258,699
2018 $3,948 $348,725 $95,099 $253,626
2017 $3,975 $341,888 $93,235 $248,653
2016 $3,871 $335,185 $91,407 $243,778
2015 $3,860 $330,152 $90,035 $240,117
2014 $3,684 $323,686 $88,272 $235,414
Source: Public Records

Agents Affiliated with this Home

  • Michael Perciful

    Seller's Agent in 2019

    Michael Perciful

    SoCal Realtors & Associates

    (951) 294-8908

    20 Total Sales

    Michael Perciful
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Angelita Perciful

    SoCal Realtors & Associates

    (951) 652-4700

    1 Total Sale

    Angelita Perciful
    Section Image

  • F

    Buyer's Agent in 2019

    Frank Widle

    Wine Country Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19051503

California Regional Multiple Listing Service (CRMLS)

APN: 439-030-019

California Riverside County Hemet 92543 Equestrian Downs

1438 N Palm Ave, Hemet, CA

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