NOT LISTED FOR SALE

254 N Inez St Hemet, CA 92543

Estimated Value: $410,806 - $494,000

4 Beds
2 Baths
1,544 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $325,000 $210 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,759/month

7 Days on Market

Highlights

  • Private Yard
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of May 2020

OPPORTUNITY KNOCKS! RARE HEMET DUPLEX, RECENTLY RENOVATED THROUGHOUT, IN AWESOME LOCATION! QUIET NEIGHBORHOOD! FANTASTIC INCOME, FULLY OCCUPIED WITH GOOD PAY HISTORY! CLOSE TO SHOPPING, K-12 SCHOOLS AND RECREATION! EACH SPACIOUS UNIT HAS IT'S OWN TWO BEDROOM ONE BATH LIVING SPACE WITH OPEN KITCHEN, PRIVATE FENCED YARD, AND TWO CAR GARAGE WITH LAUNDRY HOOKUPS! ONLY ONE COMMON WALL BETWEEN THE GARAGES. DRIVEWAY WITH EXTRA PARKING! INQUIRE TODAY!

Last Agent to Sell the Property

Tyler Culton

Brubaker Culton R.E. & Dev. License #01763189 Listed on: 03/23/2020

Last Buyer's Agent

DELLANIRA ARAGON

REALTY MASTERS & ASSOCIATES License #01944630

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 5 / 5
  • Assessor Parcel Number 443194005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $532
  • Trash Expense $570
  • Water Sewer Expense $2,025
  • Operating Expense $5,507
  • Gross Income $28,560
  • Net Operating Income $23,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,032

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2025.00
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 443194005
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 210.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 570.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 28560.00
  • Gross Scheduled Income: 28560.00
  • Insurance Expense: 532.15
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 23053.00
  • 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: 5507.00
  • Rent Control: No
  • Total Expenses: 5507.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 434.01
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 5, 2020
Sold by
Solis Petra
Bought by
Solis Toni
Seller's Agent
Tyler Culton
Brubaker Culton R.E. & Dev.
Buyer's Agent
DELLANIRA ARAGON
REALTY MASTERS & ASSOCIATES
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Current Estimated Value
$448,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,202
Avg. Annual Appreciation
5.76%
Original Mortgage
$125,000
Outstanding Balance
$111,652
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$326,425

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 30, 2020
Sold by
Lathrom Shawn H
Bought by
Solis Toni
Seller's Agent
Tyler Culton
Brubaker Culton R.E. & Dev.
Buyer's Agent
DELLANIRA ARAGON
REALTY MASTERS & ASSOCIATES
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$111,652
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$326,425

Purchase Details

Closed on
May 18, 2018
Sold by
Lathrom Shawn H
Bought by
Granite National Holdings 297480090 Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
Lathrom Emily A
Bought by
Lathrom Shawn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Lathrom Twila A
Bought by
Lathrom Shawn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Stith Kimberly A
Bought by
Lathrom Twila A

Purchase Details

Closed on
Mar 9, 2017
Sold by
Smith Timothy D and Smith Timothy Daniel
Bought by
Smith Timothy Daniel

Purchase Details

Closed on
Apr 24, 2012
Sold by
Smith Timothy D and Smith Timothy Daniel
Bought by
Smith Timothy Daniel
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
Solis Toni -- Orange Coast Title
Solis Toni $325,000 Orange Coast Title
Lathrom Shawn H -- Orange Coast Title
Lathrom Shawn H -- Orange Coast Title
Lathrom Shawn H -- Orange Coast Ttl Co Of Nocal
Granite National Holdings 297480090 Tr -- None Available
Lathrom Shawn H -- Stewart Title Of California
Lathrom Shawn H $240,000 Stewart Title Of California
Lathrom Twila A -- None Available
Smith Timothy Daniel -- None Available
Smith Timothy Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Toni $125,000
Previous Owner Lathrom Shawn H $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $325,000 -1.5% $210 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $330,000 -- $214 / 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 $4,032 $355,431 $109,363 $246,068
2023 $4,032 $341,631 $105,117 $236,514
2022 $3,906 $334,933 $103,056 $231,877
2021 $3,842 $328,367 $101,036 $227,331
2020 $1,513 $123,781 $45,504 $78,277
2019 $1,482 $121,355 $44,612 $76,743
2018 $1,438 $225,000 $35,000 $190,000
2017 $1,422 $116,645 $42,882 $73,763
2016 $1,412 $114,359 $42,042 $72,317
2015 $1,408 $112,643 $41,411 $71,232
2014 $1,348 $110,438 $40,600 $69,838
Source: Public Records

Agents Affiliated with this Home

  • Tyler Culton

    Seller's Agent in 2020

    Tyler Culton

    Brubaker Culton R.E. & Dev.

    (951) 658-7211

    75 Total Sales

    Tyler Culton
    Section Image

  • D

    Buyer's Agent in 2020

    DELLANIRA ARAGON

    REALTY MASTERS & ASSOCIATES

    (626) 967-4355

    12 Total Sales

    DELLANIRA ARAGON
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20060601

California Regional Multiple Listing Service (CRMLS)

APN: 443-194-005

California Riverside County Hemet 92543

254 N Inez St, Hemet, CA

This home is located at 254 N Inez St, Hemet, CA 92543 since 23 March 2020 and is currently estimated at $448,202, approximately $290 per square foot. This property was built in 1973. 254 N Inez 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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