NOT LISTED FOR SALE

232 N Hamilton Ave Hemet, CA 92543

Estimated Value: $638,000 - $891,459

5 Beds
5 Baths
3,960 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $669,000 $169 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,873 / mo

34 Days on Market

Highlights

  • No Units Above
  • Central Heating
  • Rectangular Lot
  • 8 Car Direct Access Garage

About This Home

As of May 2021

Built in 1989 - Four units with all units being appealing townhome style. All units have two car garages, laundry hookups, fireplaces, and either patios or balconies. Desirable unit mix with Three 2 Bdrm. and 1.5 Bath and One 3 Bdrm 2.5 Bath. Larger unit has a direct access two car garage, making ideal for an owner's unit. One unit has recently been updated. Has a low maintenance concrete driveway. Separate Gas and Electric meters. Could easily be converted to a secure access building with all parking in the back. Close proximity to transportation and shopping on Florida Ave.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 02/19/2021

Last Buyer's Agent

Catherine Garza

RE/MAX CHAMPIONS License #01198910

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 8 Car Direct Access Garage
  • Parking Available
  • Driveway Level
  • Off-Street Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 442082010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $1,800
  • Other Expense $1,600
  • Trash Expense $1,800
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,028
  • Operating Expense $19,279
  • Gross Income $66,900
  • Net Operating Income $45,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

8,276 Sq Ft Lot

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3000.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 442082010
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 168.94
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage, Off Street
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 66900.00
  • Gross Scheduled Income: 66900.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 45856.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19279.00
  • Other Expense: 1600.00
  • Other Expense Description: reserves
  • Other Income Description: GSI is proforma
  • Rent Control: Yes
  • Total Expenses: 19279.00

Tax Info

  • New Taxes Expense: 8028.00
  • Tax Block: 2
  • Tax Census Tract: 434.05
  • Tax Lot: 8

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

Listed on
Feb 19, 2021
Closed on
May 3, 2021
Sold by
Bought by
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Catherine Garza
RE/MAX CHAMPIONS
List Price
$669,000
Sold Price
$669,000
Current Estimated Value
$777,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,865
Avg. Annual Appreciation
2.98%
Original Mortgage
$656,882
Outstanding Balance
$595,299
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$182,566

Purchase Details

Closed on
Apr 3, 2019
Sold by
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
$352,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2019
Sold by
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
$352,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
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
$151,900
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2011
Sold by
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
$150,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2011
Sold by
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
$150,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2005
Sold by
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
$479,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
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
$479,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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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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
$669,000 Lawyers Title
-- Fidelity National Title Co
$470,000 Fidelity National Title Co
-- First American Title
$212,500 Landsafe Title
-- Landsafe Title
$161,100 Landsafe Default
-- Lawyers Title Co
$625,000 Lawyers Title Co
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 $656,882
Previous Owner $352,500
Previous Owner $151,900
Previous Owner $150,000
Previous Owner $479,200
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
05/07/2021 05/07/21 Sold $669,000 0.0% $169 / Sq Ft
02/19/2021 02/19/21 For Sale $669,000 -- $169 / 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
2025 $8,158 $724,145 $194,837 $529,308
2023 $8,158 $696,027 $187,272 $508,755
2022 $7,897 $682,380 $183,600 $498,780
2021 $5,662 $484,365 $170,043 $314,322
2020 $5,595 $479,400 $168,300 $311,100
2019 $2,908 $243,473 $63,163 $180,310
2018 $2,821 $238,700 $61,925 $176,775
2017 $2,788 $234,020 $60,711 $173,309
2016 $2,769 $229,432 $59,521 $169,911
2015 $2,761 $225,987 $58,628 $167,359
2014 $2,640 $221,563 $57,481 $164,082
Source: Public Records

Agents Affiliated with this Home

  • Richard Bell

    Seller's Agent in 2021

    Richard Bell

    Bell Realty Group

    (714) 309-3549

    20 Total Sales

    Richard Bell
    Section Image
  • Catherine Garza

    Buyer's Agent in 2021

    Catherine Garza

    RE/MAX

    (909) 732-9428

    42 Total Sales

    Catherine Garza
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21035036

California Regional Multiple Listing Service (CRMLS)

APN: 442-082-010

California Riverside County Hemet 92543

232 N Hamilton Ave, Hemet, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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