NOT LISTED FOR SALE

Estimated Value: $812,669

0.18 Acre
$4,514,828 Price per Acre
7,841 Sq Ft Lot

Last Sold November 26, 2024

Last sale price $350,000

Est. 132% increase in value since last sale

Current estimated payment $4,341/month

738 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 5-minute walk to Weston Park
  • Corner Lot

About This Lot

As of November 2024

Directly in the path of major development. This corner lot sits directly to the east of the Historic Hemet Theater and has huge potential. Properties all around this are selling in beautiful historic downtown Hemet. Hurry up and take advantage of the recent downtown Hemet momentum by submitting an offer. Property could be a metered parking lot, food truck location, etc, etc. Just like I said above the possibilities are endless. Seller is extremely motivated and ready to negotiate.

Last Agent to Sell the Property

Matt McPherson

Coleman and Associates Brokerage Phone: 951-315-7914 License #01362837 Listed on: 10/25/2022

Last Buyer's Agent

Matt McPherson

Coleman and Associates Brokerage Phone: 951-315-7914 License #01362837 Listed on: 10/25/2022

Property Details

Property Type

  • Land

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Value in Land
  • Property is zoned C2

Property Views

  • City Lights
  • Mountain

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 16 / 14
  • Assessor Parcel Number 443232009
  • $109 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: C2
  • Property Type: Land
  • Parcel Number: 443232009
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 44.64

Exterior Features

  • View: City Lights, Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Value In Land
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7841.0000 Square Feet

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 434.01
  • Tax Lot: 16
  • TaxOtherAnnualAssessmentAmount: 109.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 18, 2024
Sold by
Hemet Land 2016 Trust and Issa Sheriff Adly
Bought by
City Of Hemet
Seller's Agent
Matt McPherson
Coleman and Associates
Buyer's Agent
Matt McPherson
Coleman and Associates
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
369
Current Estimated Value
$812,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,669
Avg. Annual Appreciation
112.64%

Purchase Details

Closed on
Dec 6, 2016
Sold by
Winged Bast Llc
Bought by
Issa Sheriff

Purchase Details

Closed on
Apr 9, 2012
Sold by
Greco Salwa
Bought by
Winged Bast Llc

Purchase Details

Closed on
Dec 23, 2008
Sold by
Issa Ferial S
Bought by
Greco Salwa

Purchase Details

Closed on
Dec 22, 2008
Sold by
Greco Paul Thomas
Bought by
Greco Salwa

Purchase Details

Closed on
Jun 2, 2004
Sold by
Johnson Charles J and Johnson Elaine
Bought by
Issa Ferial S

Purchase Details

Closed on
Apr 7, 2003
Sold by
Johnson Charles J and Johnson Elaine
Bought by
The Redevelopment Agency City Of Hemet
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
City Of Hemet -- None Listed On Document
City Of Hemet -- None Listed On Document
Issa Sheriff -- None Available
Winged Bast Llc -- Chicago Title Company
Greco Salwa $305,000 Orange Coast Title Co
Greco Salwa -- Orange Coast Title Company-I
Issa Ferial S $333,500 --
The Redevelopment Agency City Of Hemet -- Orange Coast Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $350,000 0.0% --
11/17/2023 11/17/23 Price Changed $350,000 -2.8% --
01/14/2023 01/14/23 Price Changed $360,000 -1.4% --
10/25/2022 10/25/22 For Sale $365,000 -- --
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 $1,106 -- -- --
2023 $1,098 $86,908 $74,843 $12,065
2022 $1,077 $85,205 $73,376 $11,829
2021 $1,061 $83,536 $71,938 $11,598
2020 $1,061 $82,681 $71,201 $11,480
2019 $1,040 $81,060 $69,805 $11,255
2018 $1,011 $79,472 $68,437 $11,035
2017 $1,000 $77,915 $67,096 $10,819
2016 $994 $76,388 $65,781 $10,607
2015 $991 $75,243 $64,794 $10,449
2014 $951 $73,772 $63,526 $10,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22229156

California Regional Multiple Listing Service (CRMLS)

APN: 443-232-009