NOT LISTED FOR SALE

1461 E Devonshire Ave Hemet, CA 92544

Estimated Value: $412,000 - $460,000

2 Beds
2 Baths
1,474 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $389,900 $265 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,720/month

82 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • No HOA
  • Wood Flooring
  • Lawn
  • Circular Driveway

About This Home

As of June 2023

Located in East Hemet, this quaint duplex built in 1952 is situated on a 7,841 square foot lot and currently has long term tenants. Each unit has a private entry with front yards, one bedroom, one bathroom and a shared two car garage that has been divided into two, single car garages. In addition, there is a circular driveway at the front of the property with space to park additional cars.

Last Agent to Sell the Property

Denise Wendland

Coldwell Banker Kivett-Teeters License #01730356 Listed on: 02/20/2023

Coldwell Banker Kivett-Teeters

Last Buyer's Agent

Fred Jimenez

Century 21 Experience License #01232030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Circular Driveway

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Mountain Views

Kitchen

  • Gas Range
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 142
  • Tax Tract Number 43309
  • Assessor Parcel Number 445191014
  • $41 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $150
  • Insurance Expense $200
  • Trash Expense $20
  • Water Sewer Expense $95
  • Operating Expense $465
  • Gross Income $1,980
  • Net Operating Income $1,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,534

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 194950
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 95.00
  • Zoning: R1
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 445191014
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 264.52
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 20.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 737 Square Feet
  • Average2 Bed Area: 737 Square Feet
  • Gross Income: 1980.00
  • Gross Scheduled Income: 1980.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 1515.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 2
  • Operating Expense: 465.00
  • Rent Control: No
  • Total Expenses: 465.00

Tax Info

  • Tax Block: 142
  • Tax Census Tract: 433.09
  • Tax Lot: 2
  • Tax Tract Number: 043309
  • TaxOtherAnnualAssessmentAmount: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Jun 30, 2023
Sold by
Equihua Samuel
Bought by
Equihua Antonia A
Seller's Agent
Denise Wendland
Coldwell Banker Kivett-Teeters
Buyer's Agent
Fred Jimenez
Century 21 Experience
List Price
$389,900
Sold Price
$389,900
Views
782
Current Estimated Value
$430,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,735
Avg. Annual Appreciation
4.66%
Original Mortgage
$292,425
Outstanding Balance
$284,916
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$145,719

Purchase Details

Listed on
Feb 20, 2023
Closed on
Jun 28, 2023
Sold by
Gutierrez Susana E
Bought by
Gutierrez Osbaldo
Seller's Agent
Denise Wendland
Coldwell Banker Kivett-Teeters
Buyer's Agent
Fred Jimenez
Century 21 Experience
List Price
$389,900
Sold Price
$389,900
Views
782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,425
Outstanding Balance
$284,916
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$145,719

Purchase Details

Listed on
Feb 20, 2023
Closed on
May 18, 2023
Sold by
Galvez Antonia A and Equihua Antonia A
Bought by
Gutierrez Ruben and Gutierrez Osbaldo
Seller's Agent
Denise Wendland
Coldwell Banker Kivett-Teeters
Buyer's Agent
Fred Jimenez
Century 21 Experience
List Price
$389,900
Sold Price
$389,900
Views
782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,425
Outstanding Balance
$284,916
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$145,719

Purchase Details

Closed on
Oct 12, 2011
Sold by
Baker Leroy H and Baker Deborah
Bought by
Galvez Antonia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2006
Sold by
Lovato Rick A and Lovato Lisa M
Bought by
Baker Leroy H and Baker Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 13, 2005
Sold by
Morello Joanne
Bought by
Lovato Rick A and Lovato Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
1.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Equihua Antonia A -- First American Title
Gutierrez Osbaldo -- First American Title
Gutierrez Ruben -- First American Title
Gutierrez Ruben $390,000 First American Title
Galvez Antonia A $100,000 Advantage Title Inc
Baker Leroy H $360,000 First American Title Company
Lovato Rick A $299,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Ruben $292,425
Previous Owner Galvez Antonia A $75,000
Previous Owner Baker Leroy H $252,000
Previous Owner Lovato Rick A $239,200
Closed Lovato Rick A $29,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $389,900 0.0% $265 / Sq Ft
06/14/2023 06/14/23 For Sale $389,900 0.0% $265 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $389,900 0.0% $265 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/09/2023 04/09/23 Off Market $389,900 -- --
03/29/2023 03/29/23 Price Changed $389,900 -2.5% $265 / Sq Ft
02/20/2023 02/20/23 For Sale $400,000 -- $271 / 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 $4,534 $405,651 $78,030 $327,621
2023 $4,534 $120,715 $24,139 $96,576
2022 $1,387 $118,349 $23,666 $94,683
2021 $1,364 $116,029 $23,202 $92,827
2020 $1,351 $114,841 $22,965 $91,876
2019 $1,322 $112,590 $22,515 $90,075
2018 $1,282 $110,383 $22,074 $88,309
2017 $1,267 $108,220 $21,642 $86,578
2016 $1,258 $106,099 $21,218 $84,881
2015 $1,254 $104,507 $20,900 $83,607
2014 $1,198 $102,462 $20,492 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23028614

California Regional Multiple Listing Service (CRMLS)

APN: 445-191-014