NOT LISTED FOR SALE

231 N Hamilton Ave Hemet, CA 92543

Hemet Area
10 Beds
5 Baths
14,000 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: September 30, 2015

Last sale price $832,000 $59 Per Sq Ft

366 Days on Market

Highlights

  • Private Pool
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA
  • Laundry Facilities

About This Home

As of September 2015

Hamilton Woods Apartments, 15 units gated community, they share one water meter.. each unit has different parcel number, 2 bed, 1 ba and two car garage each. central A/C and heat. Pool and Spa and laudatory room

Last Agent to Sell the Property

Samir Riad

Best Choice Funding & Realty License #01739953 Listed on: 08/15/2014

Last Buyer's Agent

Samir Riad

Best Choice Funding & Realty License #01739953 Listed on: 08/15/2014

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 871 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 30 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Common Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • Blinds
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 17615
  • Assessor Parcel Number 442075001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 15 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 11 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,000
  • Insurance Expense $3,000
  • Professional Management Expense $10,400
  • Trash Expense $4,320
  • Water Sewer Expense $10,200
  • New Taxes Expense $10,500
  • Gross Income $10,150
  • Net Operating Income $6,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

871 Sq Ft Lot

Parking

30

Listing Details

  • Professional Management Expense: 10400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 10200.00
  • Property Type: Residential Income
  • Parcel Number: 442075001
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 59.43
  • Spa Features: In Ground
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Pool Features: Community
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 30.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 30.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Sewer Assessments
  • Trash Expense: 4320.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub
  • Community Features: Curbs

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 871.00
  • Price Per Lot Square Foot: 947.19
  • Lot Size Acres: 0.0200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 4000.00
  • Gross Income: 10150.00
  • Gross Scheduled Income: 10150.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 871.0000 Square Feet
  • Net Operating Income: 6350.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 15
  • Number With Carpet: 15
  • Number With Dishwasher: 15
  • Number With Disposal: 15
  • Number With Range: 15
  • Operating Expense: 3800.00
  • Rent Control: No
  • Total Actual Rent: 7675.00

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Lot: 1
  • Tax Tract Number: 17615

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2017
Sold by
Group Iii Sgv Properties Ltd
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Outstanding Balance
$687,243
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 15, 2014
Closed on
Aug 26, 2015
Sold by
Hunter John W and Hunter Toni Pegg
Bought by
Group Iii Sgv Properties Ltd
Seller's Agent
Samir Riad
Best Choice Funding & Realty
Buyer's Agent
Samir Riad
Best Choice Funding & Realty
List Price
$825,000
Sold Price
$832,000
Premium/Discount to List
$7,000
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 1999
Sold by
Hunter John W and Hunter Toni P
Bought by
Hunter Md John W and Hunter Toni Pegg
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Co
Group Iii Sgv Properties Ltd $832,000 Ticor Title Company Of Ca
Hunter Md John W -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $843,000
Previous Owner Group Iii Sgv Properties Ltd $20,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $832,000 +0.8% $59 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $825,000 -- $59 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $777 $67,005 $13,881 $53,124
2025 $752 $65,692 $13,609 $52,083
2023 $752 $63,143 $13,082 $50,061
2022 $729 $61,906 $12,826 $49,080
2021 $717 $60,693 $12,575 $48,118
2020 $710 $60,072 $12,447 $47,625
2019 $704 $58,895 $12,203 $46,692
2018 $683 $57,741 $11,964 $45,777
2017 $675 $56,610 $11,730 $44,880
2016 $671 $55,500 $11,500 $44,000
2015 $352 $27,381 $11,528 $15,853
2014 $338 $26,847 $11,303 $15,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15179999

California Regional Multiple Listing Service (CRMLS)

APN: 442-075-001

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