NOT LISTED FOR SALE

25880 Cornell St Hemet, CA 92544

Estimated Value: $586,862 - $822,000

6 Beds
6 Baths
3,500 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $485,000 $139 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,464/month

17 Days on Market

About This Home

As of July 2018

GREAT INVESTMENT PROPERTY! HUGE LOT, ALMOST AN ACRE, LOTS OF ROOM TO ADD ON OTHER UNITS. ALL UNITS CURRENTLY RENTED. 2 BEDROOM, 1.5 BATH QUADRUPLEX IN EAST HEMET. GREAT OPPORTUNITY!!!

Last Agent to Sell the Property

Rhonda Luna

California Pacific Residential License #01122414 Listed on: 05/16/2018

Last Buyer's Agent

Nassef (Sef) Girgis

Realty ONE Group West License #01424521

Realty ONE Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.99 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,500 Sq Ft Home
  • Quadruplex
  • Composition Roof

Kitchen

  • Gas Cooktop
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Gravel Driveway

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 438210034

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Zoning: R-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 438210034
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 138.57

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Gravel
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Appliances: Gas Cooktop
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 43124.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 3400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3450.00

Tax Info

  • Tax Census Tract: 433.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Abeer Messiah
Bought by
Messiah Samy
Current Estimated Value
$753,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$232,403
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$521,563

Purchase Details

Closed on
Mar 1, 2022
Sold by
Aghapy Real Estate Holdings Llc
Bought by
Messiah Samy and Ragheb Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$232,403
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$521,563

Purchase Details

Closed on
Sep 4, 2020
Sold by
Bareh Adel B and Bareh Gihan M
Bought by
Aghapy Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,149
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 3, 2018
Sold by
Bareh Adel B and Bareh Gihan M
Bought by
Aghapy Real Estate Holdings Llc
Seller's Agent
Rhonda Luna
California Pacific Residential
Buyer's Agent
Nassef (Sef) Girgis
Realty ONE Group West
List Price
$490,000
Sold Price
$485,000
Premium/Discount to List
-$5,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$363,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 8, 2018
Sold by
Hernandez Israel and Snell Maria A
Bought by
Bareh Adel B and Bareh Gihan M
Seller's Agent
Rhonda Luna
California Pacific Residential
Buyer's Agent
Nassef (Sef) Girgis
Realty ONE Group West
List Price
$490,000
Sold Price
$485,000
Premium/Discount to List
-$5,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2007
Sold by
Hernandez Israel and Snell Maria A
Bought by
Hernandez Israel and Snell Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hernandez Rose Mary
Bought by
Hernandez Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2002
Sold by
Snell Rick
Bought by
Snell Maria A

Purchase Details

Closed on
Oct 23, 2001
Sold by
Peel Donald A
Bought by
Hernandez Israel and Snell Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Messiah Samy -- First American Title
Ragheb Harvey -- First American Title
Messiah Samy $550,000 First American Title
Aghapy Real Estate Holdings Llc -- Pacific Coast Title Company
Bareh Abel B -- Pacific Coast Title Company
Aghapy Real Estate Holdings Llc -- None Available
Bareh Adel B $485,000 Chicago Title Company
Hernandez Israel -- Fidelity National Title Co
Hernandez Israel -- New Century Title Company
Snell Maria A -- New Century Title Company
Snell Maria A -- Lawyers Title Company
Hernandez Israel -- Lawyers Title Company
Hernandez Israel $250,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragheb Harvey $270,000
Closed Messiah Samy $270,000
Previous Owner Bareh Abel B $332,149
Previous Owner Bareh Adel B $363,750
Previous Owner Hernandez Israel $385,000
Previous Owner Hernandez Israel $213,500
Previous Owner Hernandez Israel $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $485,000 -1.0% $139 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $490,000 -- $140 / 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 $6,584 $583,664 $164,487 $419,177
2023 $6,584 $561,000 $158,100 $402,900
2022 $5,917 $510,000 $153,000 $357,000
2021 $5,819 $500,000 $150,000 $350,000
2020 $5,742 $494,700 $163,200 $331,500
2019 $5,617 $485,000 $160,000 $325,000
2018 $3,755 $324,565 $116,839 $207,726
2017 $3,711 $318,202 $114,549 $203,653
2016 $3,684 $311,963 $112,303 $199,660
2015 $3,673 $307,279 $110,617 $196,662
2014 $3,509 $301,261 $108,451 $192,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18118016

California Regional Multiple Listing Service (CRMLS)

APN: 438-210-034