$320,000
SOLD SEP 13, 2024

248 N Palm Ave Hemet, CA 92543

3 Beds
3 Baths
1,656 Sq Ft
0.73 Acres

Recently Sold

$193 Per Sq Ft

5% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Level Lot

About This Home

As of January 2025

INVESTOR OPPORTUNITY. The home has three bedrooms two and 1/2 baths and on large .73 flat acre lot. There is a circular driveway with covered drive-through two car garage and enclosed back patio. The home is probably not financeable. Seller prefers all cash offers.

Last Agent to Sell the Property

Bud Feaster

Coldwell Banker Kivett-Teeters Brokerage Phone: 951-719-6741 License #01222690 Listed on: 08/22/2024

Coldwell Banker Kivett-Teeters

Co-Listed By

Lourdes Renteria

Coldwell Banker Kivett-Teeters Brokerage Phone: 951-719-6741 License #01444612

Coldwell Banker Kivett-Teeters

Last Buyer's Agent

Lourdes Renteria

Coldwell Banker Kivett-Teeters Brokerage Phone: 951-719-6741 License #01444612

Coldwell Banker Kivett-Teeters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1947

Lot Details

  • 0.73 Acre Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 43401
  • Assessor Parcel Number 443171004
  • $159 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,435

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 443171004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1656.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 193.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31799.00
  • Lot Size Acres: 0.7300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31799.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.01
  • Tax Lot: 9
  • Tax Tract Number: 043401
  • TaxOtherAnnualAssessmentAmount: 159.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 6, 2024
Sold by
Mendivil Family Trust and Paulsen Paula M
Bought by
Desselb Investments Llc
Seller's Agent
Bud Feaster
Coldwell Banker Kivett-Teeters
Buyer's Agent
Lourdes Renteria
Coldwell Banker Kivett-Teeters
List Price
$305,000
Sold Price
$320,000
Premium/Discount to List
$15,000
4.92%
Views
68
Current Estimated Value
$480,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,420
Avg. Annual Appreciation
60.40%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Steinbruecker Ronald J and Steinbruecker Donna J
Bought by
Mendivil Paul C and Paulsen Paula M

Purchase Details

Closed on
Apr 20, 2011
Sold by
Federal National Mortgage Association
Bought by
Steinbruecker Ronald J and Steinbruecker Donna J

Purchase Details

Closed on
Jan 5, 2011
Sold by
Holguin Steve J and Holguin Michelle
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 1996
Sold by
Trutees Southworth and Trutees Diane
Bought by
Holguin Steve J and Holguin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,042
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1993
Sold by
Southworth Diane Christine
Bought by
Southworth Bill and Southworth Diane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $320,000 First American Title
Grant Deed $100,000 Chicago Title Inland Empire
Grant Deed $75,000 Lawyers Title Company
Trustee Deed $286,410 Landsafe Default
Grant Deed $75,000 Orange Coast Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 New Conventional
Previous Owner $61,000 Stand Alone Second
Previous Owner $184,000 Unknown
Previous Owner $120,000 Unknown
Previous Owner $73,964 FHA
Previous Owner $35,000 Stand Alone Second
Previous Owner $75,042 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $500,000 0.0% $255 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $499,900 0.0% $255 / Sq Ft
11/22/2024 11/22/24 Price Changed $499,900 +2.5% $255 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $487,500 -2.5% $248 / Sq Ft
10/18/2024 10/18/24 Price Changed $499,888 -1.8% $255 / Sq Ft
10/11/2024 10/11/24 For Sale $509,000 +59.1% $259 / Sq Ft
09/13/2024 09/13/24 Sold $320,000 0.0% $193 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/29/2024 08/29/24 Off Market $320,000 -- --
08/22/2024 08/22/24 For Sale $305,000 -- $184 / 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 $1,435 $625,000 $105,000 $520,000
2023 $1,435 $118,348 $29,584 $88,764
2022 $1,497 $116,028 $29,004 $87,024
2021 $1,865 $113,754 $28,436 $85,318
2020 $1,510 $112,589 $28,145 $84,444
2019 $1,346 $110,383 $27,594 $82,789
2018 $1,307 $108,219 $27,054 $81,165
2017 $1,292 $106,098 $26,524 $79,574
2016 $1,282 $104,018 $26,004 $78,014
2015 $1,293 $102,458 $25,614 $76,844
2014 $1,304 $100,453 $25,113 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24173521

California Regional Multiple Listing Service (CRMLS)

APN: 443-171-004