NOT LISTED FOR SALE

150 E Thornton Ave Hemet, CA 92543

Estimated Value: $62,566

0.94 Acres
$66,916 Price per Acre
40,729 Sq Ft Lot

Last Sold December 17, 2014

Last sale price $55,000

Est. 14% increase in value since last sale

Current estimated payment $394/month

207 Days on Market

About This Lot

As of December 2014

Almost full acre flat R-3 lot. Surrounded by Commercial (C-1) lots on both Thornton and State. Only a few hundred feet from State St., with traffic flowing to Dominigoni Expressway and major shopping area at State and Stetson (Stater Bros, CVS Pharmacy, Sprouts Market, Starbucks, Carl's Jr., Calif. DMV, and NUMEROUS other shops and businesses). Potential for large Residential Income development, large Commercial development, or combined R-3 & C-1. Easy access, High Traffic on State, and adjacent to nice existing apartment community as well. Area is sought after by tenants due to low crime statistics.

Zoned R-3 (medium-high density). Provides for the development of medium to high density multiple-family residential uses with density not to exceed 25 dwelling units per acre. Typical housing units may include townhouses, condominiums, cluster developments, apartments, or residential care facilities.

Last Agent to Sell the Property

Gary Kruger

NON-MEMBER/NBA or BTERM OFFICE License #00668722 Listed on: 04/14/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 0.94 Acre Lot
  • Property is zoned R3, C1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 216
  • Assessor Parcel Number 451090007

Property Details

Property Type

Land

Lot Details

0.94 Acres

Listing Details

  • Current Use Comments: Vacant Land
  • Improvements: Chain Link fence
  • Possible Use Comments: Apartments or Commercial usage. Can be combined with other lots for larger development
  • Road Frontage Type: City Street
  • View: No
  • Zoning: R3
  • Zoning Description: C1
  • Property Type: Land
  • Parcel Number: 451090007
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.35

Utilities

  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 40736.00
  • Lot Size Acres: 0.9350

Multi Family

  • Lot Size Area: 40736.0000 Square Feet

Tax Info

  • Tax Block: 216
  • Tax Lot: 3
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Min Zhou
Bought by
Koei888 Llc
Current Estimated Value
$62,566

Purchase Details

Listed on
Apr 14, 2014
Closed on
Nov 13, 2014
Sold by
The University Of Redlands
Bought by
Zhou Min
Seller's Agent
Gary Kruger
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$86,000
Sold Price
$55,000
Premium/Discount to List
-$31,000
-36.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Oct 27, 2008
Sold by
Lossett Cheryl N
Bought by
The University Of Redlands

Purchase Details

Closed on
Sep 17, 2003
Sold by
Dowalter John F and Dowalter Patricia R
Bought by
Lossett Ronald D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Koei888 Llc $600,000 None Listed On Document
Zhou Min $55,000 First American Title Company
The University Of Redlands -- None Available
Lossett Ronald D $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $55,000 -36.0% --
11/07/2014 11/07/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $86,000 -- --
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 $878 $62,424 $62,424 --
2023 $878 $60,000 $60,000 --
2022 $902 $62,286 $62,286 $0
2021 $890 $61,065 $61,065 $0
2020 $902 $60,439 $60,439 $0
2019 $887 $59,254 $59,254 $0
2018 $866 $58,093 $58,093 $0
2017 $858 $56,954 $56,954 $0
2016 $853 $55,838 $55,838 $0
2015 $851 $55,000 $55,000 $0
2014 $2,759 $226,379 $226,379 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14076086

California Regional Multiple Listing Service (CRMLS)

APN: 451-090-007

Your Personal Tour Guide

Ask me questions while you tour the home.