NOT LISTED FOR SALE

1890 S State St Hemet, CA 92543

Estimated Value: $421,000 - $2,466,561

2 Beds
2 Baths
1,396 Sq Ft
$757/Sq Ft Est. Value

About This Home

Four units producing $6000 a month. Additional units may be added. Perfect location for development (Gas Station, Shopping Center, Gated Senior Community, Recreation, etc. Gorgeous, breathtaking views of Diamond Valley and South Hemet. Large buildable 24 acres up against the hillside with numerous pad locations. All utilities to the property. Currently 2 structures on the property and multiple pads for additional building sites. First structure is a 2 bedroom 1 bath manufactured home. Second structure is a barn with a habitable area inside. Huge potential for subdivision or possible school site right across from McSweeney Elementary. In the path of development. Listing includes 3 parcels: 1890 S State St, Hemet Ca 92543 APN# 451-150-008 (8.11 Acres), 2000 S State St, Hemet Ca 92543 APN# 451-150-034 (7.97 Acres), 27700 S State St, Hemet Ca 92543 APN# 451-150-027 (7.89 Acres).Seller is motivated. Submit an offer today.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2025
Sold by
Lynn Milton Dallas
Bought by
Dallas L Milton Separate Property Trust and Milton
Current Estimated Value
$1,056,890

Purchase Details

Closed on
Sep 21, 2011
Sold by
Milton Dallas Lynn
Bought by
Milton Dallas L

Purchase Details

Closed on
May 27, 2011
Sold by
Milton Dallas and Milton Kathy
Bought by
Milton Dallas Lynn

Purchase Details

Closed on
Dec 3, 2004
Sold by
Milton Dallas and Milton Delmar Jean
Bought by
Dallas Milton and Dallas Kathy

Purchase Details

Closed on
May 29, 1996
Sold by
Arnsmeyer Marion E
Bought by
Milton Dallas L and Milton Delmar Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 1996
Sold by
Milton Kathy
Bought by
Milton Dallas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

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ICE

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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
Dallas L Milton Separate Property Trust -- None Listed On Document
Milton Dallas L -- None Available
Milton Dallas Lynn -- None Available
Dallas Milton -- --
Milton Dallas L $250,000 Orange Coast Title
Milton Dallas L -- Orange Coast Title
Delmar Jean -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milton Dallas L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2024 06/19/24 Price Changed $2,500,000 0.0% $417 / Sq Ft
06/19/2024 06/19/24 Price Changed $2,500,000 +19.0% --
01/14/2023 01/14/23 Price Changed $2,100,000 0.0% --
07/20/2021 07/20/21 Price Changed $2,100,000 +5.0% $350 / Sq Ft
12/22/2020 12/22/20 For Sale $2,000,000 0.0% $333 / Sq Ft
04/25/2019 04/25/19 Price Changed $2,000,000 -16.7% --
01/09/2018 01/09/18 For Sale $2,400,000 0.0% --
12/31/2017 12/31/17 Off Market $2,400,000 -- --
01/28/2017 01/28/17 For Sale $2,500,000 -- --

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 $2,612 $220,910 $134,543 $86,367
2023 $2,612 $212,333 $129,319 $83,014
2022 $2,531 $208,171 $126,784 $81,387
2021 $2,492 $204,091 $124,299 $79,792
2020 $2,459 $201,999 $123,025 $78,974
2019 $2,408 $198,039 $120,613 $77,426
2018 $2,337 $194,157 $118,248 $75,909
2017 $2,310 $190,351 $115,930 $74,421
2016 $2,294 $186,619 $113,657 $72,962
2015 $2,288 $183,817 $111,950 $71,867
2014 $2,190 $180,218 $109,758 $70,460
Source: Public Records

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