$2,500,000
$500K PRICE INCREASE

1890 S State St Hemet, CA 92543

Estimated payment $14,025/month

Total Views 42,354
6 Beds
3 Baths
6,000 Sq Ft
$417 Price per Sq Ft

Highlights

  • Horse Property
  • Hiking Trails
  • Pasture
  • 8.11 Acre Lot
  • Laundry Room
  • Horse Property Improved

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.

Listing Agent

Matt McPherson

Coleman and Associates Brokerage Phone: 951-315-7914 License #01362837 Listed on: 12/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1946

Lot Details

  • 8.11 Acre Lot
  • No Common Walls
  • Rural Setting
  • Value in Land

Parking

  • 4 Car Garage

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Farming

  • Agricultural
  • Pasture

Additional Features

  • Horse Property
  • Horse Property Improved
  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 451150008

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Foothills
  • Mountainous Community
  • Greenbelt
  • Valley

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 625000
  • Property Attached: No
  • Zoning: A1-5
  • Property Type: Residential Income
  • Parcel Number: 451150008
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 416.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Mountainous, Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Greenbelt, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Pasture, Rocks, Value In Land
  • Lot Size Sq Ft: 353272.00
  • Lot Size Acres: 8.1100

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4000.00
  • Lot Size Area: 353272.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 433.04
  • Tax Lot: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $307,277 $134,543 $172,734
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

Property History

Date Event Price Change Sq Ft Price
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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $250,000 Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20261432

California Regional Multiple Listing Service (CRMLS)

APN: 451-150-008