NOT LISTED FOR SALE

2401 W Acacia Ave Hemet, CA 92545

Estimated Value: $203,786 - $262,000

2 Beds
2 Baths
900 Sq Ft
$200/mo HOA Fee

Last Sold January 25, 2021

Last sale price $140,000 $156 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,591/month

99 Days on Market

Highlights

  • Gated Community
  • Neighborhood Views
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Community Pool
  • Laundry Room

About This Home

As of January 2021

Investors only. Cash or hard money only. Tenant to stay in place. Fabulous, rarely available first floor end unit at Acacia Gardens Condominium. One of only 50. Tenant has been in property for approximately two years. Other landlords get $1,300.00 plus per month. Tenant has always paid $1,100.00, so rent could be increased. HOA is $200.00 per month, low tax rate of 1.13 per Assessor. Two bedrooms, 1 3/4 baths, two-car detached garage, pool, lush gated complex. Master en-suite and hall bath. Diagonally-set tile throughout, carpet in bedrooms. Interior photos were taken two years ago. New roof over building was installed by HOA in 2019. Tenant pays gas and electric; HOA pays water and trash. Walk to restaurants, bank, movie theater and Hemet Mall. Buyers are to perform their own due diligence as to all aspects of property.

Last Agent to Sell the Property

Winifred Wilcox

Winifred L. Wilcox License #00711289 Listed on: 08/13/2020

Last Buyer's Agent

Tami Hutchinson

Berkshire Hathaway HomeServices California Properties License #01980743

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1981

Lot Details

  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 026
  • Tax Tract Number 456

Community Details

Overview

  • 50 Units
  • Acacia Gardens HOA
  • Self Managed HOA

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,699

Year Built

Built in 1981

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Stackable washer and dryer, refrigerator
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 155.56
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash, Water
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Acacia Gardens HOA
  • Phone: (000)000-0000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Self-Managed

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Lot: 026
  • Tax Tract Number: 456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 14, 2020
Sold by
Fragosa Gilbert M
Bought by
Lalanne Ronald and Lalanne Amber
Seller's Agent
Winifred Wilcox
Winifred L. Wilcox
Buyer's Agent
Tami Hutchinson
Berkshire Hathaway HomeServices California Properties
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$229,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,197
Avg. Annual Appreciation
11.01%
Original Mortgage
$105,000
Outstanding Balance
$93,927
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$131,698

Purchase Details

Closed on
Dec 17, 2019
Sold by
Fragosa Herlinda and Vasquez Herlinda
Bought by
Fragosa Gilbert M

Purchase Details

Closed on
Aug 7, 2018
Sold by
Fragosa Gilbert M
Bought by
Fragosa Gilbert M and Vasquez Herlinda

Purchase Details

Closed on
Jan 10, 2013
Sold by
Fragosa Herlinda
Bought by
Fragosa Gilbert M

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
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Federal National Mortgage Association
Bought by
Fragosa Gilbert M

Purchase Details

Closed on
Apr 28, 2011
Sold by
Freitas Mario M
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 1997
Sold by
Coast Federal Bank Fsb
Bought by
Freitas Mario M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.7%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Vartanian Rick M
Bought by
Coast Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.7%

Purchase Details

Closed on
Dec 4, 1996
Sold by
Boss Frederick A and Boss Clara M
Bought by
Chumbley Daniel J and Chumbley Sandra E

Purchase Details

Closed on
Mar 10, 1994
Sold by
Hemet Professional Services Inc
Bought by
Chumbley Daniel J and Chumbley Sandra E
Source: Public Records

Range of Values:

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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
Lalanne Ronald $140,000 First American Title Ins Co
Fragosa Gilbert M -- None Available
Fragosa Gilbert M -- First American Title Company
Fragosa Gilbert M -- Lawyers Title
Fragosa Gilbert M $41,000 First American Title Ins Co
Fannie Mae $86,401 None Available
Freitas Mario M $24,000 Chicago Title Co
Coast Federal Bank Fsb $30,000 Chicago Title Co
Chumbley Daniel J -- --
Chumbley Daniel J $10,782 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalanne Ronald $105,000
Previous Owner Fragosa Gilbert M $50,000
Previous Owner Fragosa Gilbert M $20,000
Previous Owner Freitas Mario M $76,700
Previous Owner Freitas Mario M $35,400
Previous Owner Freitas Mario M $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $140,000 -3.4% $156 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $145,000 -- $161 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,699 $151,537 $30,309 $121,228
2023 $1,699 $145,654 $29,133 $116,521
2022 $1,644 $142,799 $28,562 $114,237
2021 $574 $48,515 $5,911 $42,604
2020 $567 $48,019 $5,851 $42,168
2019 $565 $47,079 $5,737 $41,342
2018 $548 $46,157 $5,626 $40,531
2017 $542 $45,253 $5,516 $39,737
2016 $538 $44,366 $5,408 $38,958
2015 $536 $43,702 $5,328 $38,374
2014 $513 $42,848 $5,225 $37,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20160753

California Regional Multiple Listing Service (CRMLS)

APN: 456-141-026