NOT LISTED FOR SALE

240 N Gilbert St Hemet, CA 92543

Estimated Value: $427,946 - $466,000

4 Beds
4 Baths
1,740 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2020

Last sale price $288,000 $166 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,717 / mo

23 Days on Market

About This Home

As of November 2020

Nice duplex perfect for investors or first time buyer to live in one unit, while renting out the other. The front unit is in move in condition with new interior paint and new blinds for the living room and the bedrooms. This unit features 2 carpeted bedrooms with new blinds and 2 baths. The living room, kitchen, dining area, hallway, and 2 bathrooms are fully tiled. The back unit has the same floor plan as the front unit, with separate entrance. This unit also features 2 bedrooms, 2 baths and is also in good condition. Each unit has two car garage.

Last Agent to Sell the Property

QUANG MA

Realty Plus License #01251510 Listed on: 09/05/2020

Last Buyer's Agent

Alexander Mercado

NEXT Brokerage License #01831077

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 8
  • Tax Tract Number 434
  • Assessor Parcel Number 443191007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $792
  • Trash Expense $598
  • Water Sewer Expense $1,981
  • New Taxes Expense $3,300
  • Operating Expense $6,671
  • Gross Income $10,800
  • Net Operating Income $4,129

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

6,534 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1981.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 443191007
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 165.52

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Unknown
  • Trash Expense: 598.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 792.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 4129.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6671.00
  • Rent Control: No
  • Total Expenses: 6671.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Block: 8
  • Tax Census Tract: 434.01
  • Tax Lot: 7
  • Tax Tract Number: 434

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
Feb 23, 2022
Sold by
Bought by
Current Estimated Value
$450,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Outstanding Balance
$268,629
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$182,108

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 14, 2020
Sold by
Bought by
Seller's Agent
QUANG MA
Realty Plus
Buyer's Agent
Alexander Mercado
NEXT Brokerage
List Price
$275,000
Sold Price
$288,000
Premium/Discount to List
$13,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$282,783
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 21, 2014
Sold by
Bought by
Seller's Agent
Alice Rodriguez
Keller Williams Palos Verdes
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$114,100
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 17, 2014
Sold by
Bought by
Seller's Agent
Alice Rodriguez
Keller Williams Palos Verdes
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2009
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
$71,250
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2008
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
$71,250
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2007
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
$328,500
Interest Rate
10.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2007
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
$328,500
Interest Rate
10.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
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
$74,385
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- None Listed On Document
-- None Listed On Document
$288,000 Fidelity National Title Co
-- Accommodation
$163,000 Fidelity National Title Co
$95,000 Old Republic Title Company
$212,346 None Available
-- Southland Title
$365,000 Southland Title Corporation
$74,500 Lawyers Title Company
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 $289,600
Closed $289,600
Previous Owner $282,783
Previous Owner $114,100
Previous Owner $71,250
Previous Owner $328,500
Previous Owner $74,385
Closed $4,470
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 Prior Sale
11/19/2020 11/19/20 Sold $288,000 +4.7% $166 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/05/2020 09/05/20 Price Changed $275,000 0.0% $158 / Sq Ft
09/05/2020 09/05/20 For Sale $275,000 +68.7% $158 / Sq Ft
10/07/2014 10/07/14 Sold $163,000 -1.2% $94 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $165,000 +73.7% $95 / Sq Ft
08/03/2012 08/03/12 Sold $95,000 0.0% $55 / Sq Ft View Prior Sale
01/22/2009 01/22/09 Pending -- -- --
12/17/2008 12/17/08 For Sale $95,000 -- $55 / 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 $3,548 $311,738 $75,769 $235,969
2023 $3,548 $299,635 $72,828 $226,807
2022 $3,438 $293,760 $71,400 $222,360
2021 $3,381 $288,000 $70,000 $218,000
2020 $2,141 $179,124 $38,460 $140,664
2019 $2,096 $175,612 $37,706 $137,906
2018 $2,032 $172,169 $36,967 $135,202
2017 $2,009 $168,794 $36,243 $132,551
2016 $1,995 $165,485 $35,533 $129,952
2015 $1,989 $163,000 $35,000 $128,000
2014 $1,228 $99,790 $31,512 $68,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20173774

California Regional Multiple Listing Service (CRMLS)

APN: 443-191-007

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