NOT LISTED FOR SALE

23802 Hemlock Ave Moreno Valley, CA 92557

North Moreno Valley Neighborhood

Estimated Value: $412,000 - $487,000

2 Beds
2 Baths
1,002 Sq Ft
$461/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2019

Last sale price $167,500 $167 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,856 / mo

107 Days on Market

Highlights

  • 0.55 Acre Lot
  • No HOA
  • Rectangular Lot
  • Mountain View
  • Cooling Available
  • No Heating

About This Home

As of September 2019

EXCELLENT INVESTMENT OPPORTUNITY IN PRIME LOCATION!! This property is to be SOLD TOGETHER with the adjoining property, see
MLS #CV19084653. Properties 23802 & 23024 HEMLOCK AVE. TO BE SOLD TOGETHER. The parcels are zoned R-15, Multi-family. Each parcel currently has a single family residence, however the units are a tear down. Utilities are on site. Value is in the land, zoned for medium-high residential, multi-family. Easy access to the 60 freeway & 215 freeway. Close proximity to shopping, restaurants, schools, Lake Perris, Kaiser Permanente, Amazon, Skechers Distribution Center and Riverside Community College. This is a great opportunity for an investor to build in a city that is flourishing!

Last Agent to Sell the Property

Lori Bright

REALTY ONE GROUP WEST License #01250819 Listed on: 04/15/2019

REALTY ONE GROUP WEST

Last Buyer's Agent

Lori Bright

REALTY ONE GROUP WEST License #01250819 Listed on: 04/15/2019

REALTY ONE GROUP WEST

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 23,958 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned R-15

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 292181005

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0.55 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-15
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 292181005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1002.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 167.17
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Tear Down, Value In Land
  • Lot Size Sq Ft: 23958.00
  • Lot Size Acres: 0.5500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23958.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 424.05
  • Tax Lot: 32
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Gutierrez Fernando
Bought by
Farias Griselda
Current Estimated Value
$462,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$159,237
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$303,067

Purchase Details

Listed on
Apr 15, 2019
Closed on
Sep 5, 2019
Sold by
Hager Warren P and Hager Cora Jean
Bought by
Gutierrez Fernando
Seller's Agent
Lori Bright
REALTY ONE GROUP WEST
Buyer's Agent
Lori Bright
REALTY ONE GROUP WEST
List Price
$275,000
Sold Price
$167,500
Premium/Discount to List
-$107,500
-39.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Farias Griselda -- Lawyers Title Company
Gutierrez Fernando $167,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farias Griselda $175,000
Previous Owner Gutierrez Fernando $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $167,500 -15.4% $167 / Sq Ft
07/08/2019 07/08/19 Price Changed $198,000 -17.5% $198 / Sq Ft
05/13/2019 05/13/19 Price Changed $240,000 -12.7% $240 / Sq Ft
04/15/2019 04/15/19 For Sale $275,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,864 $408,564 $63,672 $344,892
2023 $4,864 $392,700 $61,200 $331,500
2022 $4,807 $267,946 $61,833 $206,113
2021 $3,504 $262,693 $60,621 $202,072
2020 $3,029 $260,000 $60,000 $200,000
2019 $592 $41,385 $16,524 $24,861
2018 $582 $40,574 $16,200 $24,374
2017 $572 $39,780 $15,883 $23,897
2016 $567 $39,001 $15,572 $23,429
2015 $560 $38,417 $15,339 $23,078
2014 $529 $37,667 $15,040 $22,627
Source: Public Records

Agents Affiliated with this Home

  • Lori Bright

    Seller's Agent in 2019

    Lori Bright

    REALTY ONE GROUP WEST

    (909) 214-4013

    30 Total Sales

    Lori Bright
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19084650

California Regional Multiple Listing Service (CRMLS)

APN: 292-181-005

California Riverside County Moreno Valley 92557 North Moreno Valley

23802 Hemlock Ave, Moreno Valley, 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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