NOT LISTED FOR SALE

222 N Alessandro St Hemet, CA 92543

Estimated Value: $550,000 - $635,000

4 Beds
4 Baths
1,700 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $430,000 $253 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,562/month

15 Days on Market

About This Home

As of June 2021

Great investment opportunity! This 4Plex currently has 75% occupancy with the other vacant unit going to be available soon and it will rent in no time! This investment is also great because it can qualify for owner financing! Live in 1 unit and rent out the other 3. The property will pay for itself, and then some! The grounds are well kept and the tenants take great care of each unit. POSITIVE cash flow on this property when fully occupied with a cap rate over 5%!

Last Agent to Sell the Property

Mia Melle

HxP Real Estate, Inc. License #01382073 Listed on: 05/10/2021

Last Buyer's Agent

Mario Gonzalez

Rise Realty License #01708214

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Lot Details

  • 6,970

Home Design

  • 1,700 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • Oven or Range
  • 6,970 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, move in fee, move out fee
  • The owner pays for water
  • Assessor Parcel Number 443-193-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1700
  • Lot Acreage: 0.1600
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 264.71

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Parking Space
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 69.70
  • Assessed Improvement Value: 126375
  • Assessed Land Percent: 30.3
  • Assessed Land Value: 54945
  • Total Assessed Value: 181320
  • Assessor Parcel Number: 443-193-011
  • Lot Size Area: 6970

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.36
  • Number Of Units: 4
  • Total Annual Expense: 13595
  • Type Of Units: 4Plex
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 11, 2021
Sold by
Mcintosh Alexander and Mcintosh Alex
Bought by
Santana Ernesto
Seller's Agent
Mia Melle
HxP Real Estate, Inc.
Buyer's Agent
Mario Gonzalez
Rise Realty
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$577,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,461
Avg. Annual Appreciation
7.25%
Original Mortgage
$417,180
Outstanding Balance
$379,346
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$198,115

Purchase Details

Closed on
Mar 10, 2015
Sold by
Kriebs Arlene R
Bought by
Mcintosh Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2008
Sold by
Veiga Mark A
Bought by
Kriebs Arlene R

Purchase Details

Closed on
Jan 20, 2006
Sold by
Veiga John E
Bought by
Veiga John E
Source: Public Records

Range of Values:

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

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
Santana Ernesto $430,000 First American Title Company
Mcintosh Alex $165,000 Chicago Title Inland Empire
Kriebs Arlene R -- Chicago Title Inland Empire
Kriebs Arlene R -- None Available
Veiga John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Ernesto $417,180
Previous Owner Mcintosh Alex $162,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $430,000 -4.4% $253 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $450,000 +3.4% $265 / Sq Ft
05/10/2021 05/10/21 For Sale $435,000 +163.6% $256 / Sq Ft
06/12/2015 06/12/15 Sold $165,000 -15.4% $122 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
08/24/2014 08/24/14 For Sale $195,000 -- $144 / Sq Ft
Source: The MLS

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 $5,279 $465,445 $135,304 $330,141
2023 $5,279 $447,372 $130,050 $317,322
2022 $5,840 $438,600 $127,500 $311,100
2021 $3,584 $183,198 $55,514 $127,684
2020 $3,492 $181,320 $54,945 $126,375
2019 $3,397 $177,766 $53,868 $123,898
2018 $2,721 $174,281 $52,812 $121,469
2017 $2,061 $170,865 $51,777 $119,088
2016 $2,364 $167,515 $50,762 $116,753
2015 $1,552 $122,710 $76,130 $46,580
2014 -- $120,308 $74,640 $45,668
Source: Public Records

Agents Affiliated with this Home

  • Mia Melle

    Seller's Agent in 2021

    Mia Melle

    HxP Real Estate, Inc.

    (909) 851-2462

    59 Total Sales

    Mia Melle
    Section Image
  • Mario Gonzalez

    Buyer's Agent in 2021

    Mario Gonzalez

    Rise Realty

    (951) 255-5339

    42 Total Sales

    Mario Gonzalez
    Section Image
  • David Hale

    Seller's Agent in 2015

    David Hale

    Century 21 Masters

    (951) 314-7570

    56 Total Sales

    David Hale
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-730066

The MLS

APN: 443-193-011

California Riverside County Hemet 92543

222 N Alessandro St, Hemet, CA

This home is located at 222 N Alessandro St, Hemet, CA 92543 since 10 May 2021 and is currently estimated at $577,461, approximately $339 per square foot. 222 N Alessandro St is a home located in Riverside County with nearby schools including Jacob Wiens Elementary School, Rancho Viejo Middle School, and Tahquitz High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes