NOT LISTED FOR SALE

247 N State St Hemet, CA 92543

Estimated Value: $427,172 - $617,000

4 Beds
4 Baths
1,817 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $175,000 $96 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,855/month

85 Days on Market

Highlights

  • No HOA
  • 3 Detached Carport Spaces
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • Heating System Uses Natural Gas

About This Home

As of June 2013

4 Plex, zoned C-2 . Next to strip mall. Sold "AS-IS". No repairs or warranties. Near schools and shopping.

Last Agent to Sell the Property

Felicia Hogan

Felicia Hogan, Broker License #00962193 Listed on: 03/07/2013

Co-Listed By

Janene Hogan

Realty ONE Group Southwest License #01224773

Last Buyer's Agent

Felicia Hogan

Felicia Hogan, Broker License #00962193 Listed on: 03/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,817 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 22 / 5
  • Tax Tract Number 434
  • Assessor Parcel Number 433194021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $796
  • Trash Expense $949
  • Water Sewer Expense $2,041
  • Gross Income $2,000
  • Net Operating Income $18,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2041.00
  • Zoning: C2
  • Property Type: Residential Income
  • Parcel Number: 433194021
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 96.31

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 949.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 796.00
  • Lot Size Area: 0.1500 Acres
  • Net Operating Income: 18757.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 5243.00
  • Rent Control: No

Tax Info

  • Tax Block: 5
  • Tax Lot: 22
  • Tax Tract Number: 0434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 22, 2013
Sold by
Hogan Felicia
Bought by
Lalyre Magaly
Seller's Agent
Felicia Hogan
Felicia Hogan, Broker
Buyer's Agent
Felicia Hogan
Felicia Hogan, Broker
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$483,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,228
Avg. Annual Appreciation
8.68%
Original Mortgage
$122,500
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 16, 2013
Sold by
Castillo Samuel
Bought by
Lalyre Magaly
Seller's Agent
Felicia Hogan
Felicia Hogan, Broker
Buyer's Agent
Felicia Hogan
Felicia Hogan, Broker
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2012
Sold by
Hogan Felicia
Bought by
Hogan Felicia

Purchase Details

Closed on
Nov 3, 1995
Sold by
Capital Concepts
Bought by
Hogan William F and Hogan Felicia

Purchase Details

Closed on
Oct 27, 1994
Sold by
Parker Susan A
Bought by
Shilling Alison B

Purchase Details

Closed on
Jul 14, 1994
Sold by
Parker Susan A
Bought by
Parker Susan A
Source: Public Records

Range of Values:

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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
Lalyre Magaly $175,000 Priority Title
Lalyre Magaly -- Priority Title
Hogan Felicia -- None Available
Hogan William F -- Chicago Title Co
Shilling Alison B -- First American Title Ins Co
Parker Susan A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalyre Magaly $211,000
Closed Lalyre Magaly $122,500
Previous Owner Hogan William F $25,000
Previous Owner Hogan William F $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2013 06/11/13 Sold $175,000 -12.1% $96 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $199,000 -- $110 / 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 $2,511 $215,485 $61,564 $153,921
2023 $2,511 $207,119 $59,174 $147,945
2022 $2,435 $203,059 $58,014 $145,045
2021 $2,396 $199,078 $56,877 $142,201
2020 $2,372 $197,037 $56,294 $140,743
2019 $2,323 $193,175 $55,191 $137,984
2018 $2,253 $189,388 $54,109 $135,279
2017 $2,228 $185,676 $53,049 $132,627
2016 $2,212 $182,036 $52,009 $130,027
2015 $2,206 $179,304 $51,229 $128,075
2014 $2,110 $175,794 $50,227 $125,567
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Felicia Hogan

    Felicia Hogan, Broker

  • Janene Hogan

    Seller Co-Listing Agent in 2013

    Janene Hogan

    Realty ONE Group Southwest

    (951) 813-9009

    48 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13038649

California Regional Multiple Listing Service (CRMLS)

APN: 443-194-021

California Riverside County Hemet 92543

247 N State St, Hemet, CA

This home is located at 247 N State St, Hemet, CA 92543 since 07 March 2013 and is currently estimated at $503,543, approximately $277 per square foot. This property was built in 1960. 247 N State St is a home located in Riverside County with nearby schools including Jacob Wiens Elementary School, Rancho Viejo Middle School, and Tahquitz High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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