NOT LISTED FOR SALE

26100 Camphorwood Ave Hemet, CA 92544

Estimated Value: $410,916 - $514,000

4 Beds
4 Baths
2,272 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $194,500 $86 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,842/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • 1-Story Property
  • Ceiling Fan
  • Private Yard
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of May 2014

Large lot. Both units have large yards and patios. 2 bedroom, 1.75 bath each. rents = $875. & $900. some new carpet. Long termm tenants wish to stay. Fruit/ citrus trees. Each has a patio and nice yards. the reat has an extra room. Carpet was new when tenants moved in. I think the front unit has tile in the living room. wonderful area and investment property with cash flow! On a non busy street! There is a rear cindler clock fence that the palm tree pushed out. It does not look lke there is rebar and should come down, but tenant likes it as she has a dog.

Last Agent to Sell the Property

Carl Mitrak

Keller Williams Realty License #00519085 Listed on: 03/26/2014

Last Buyer's Agent

QUANG MA

RELIABLE GROUP REALTY License #01251510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1975

Lot Details

  • 10,890 Sq Ft Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Private Yard
  • Front Yard

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,272 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, water, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 449021036

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Trash Expense $780
  • Operating Expense $5,665
  • Gross Income $21,300
  • Net Operating Income $15,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces North
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 99800.00
  • Building Style: Contemporary
  • Entry Location: Ground Level - No Steps
  • Included In Sale: 2 stoves
  • List Price per Sq Ft: 87.85
  • Lp Sp Ratio: 0.9744
  • Year Built: 1975
  • Internal Listing I D: 20190608184623413168000000
  • Listing I D: 214011862
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 5948 TEMPLE CITY BLVD., TEMPLE CITY, CA 91780
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 2272.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle
  • Foundation: Slab
  • Numberof Patios: 2

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Water Heater Unit
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 449021036
  • Lot Description: Front Yard, Street Lighting, Yard, Street Paved, Level, Irregular Lot
  • Lot Size: 10890.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Water, Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Annual Tax: 1440.00
  • Tax Year: 1

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Rented Garages: 2
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2014
Sold by
Lam Queenie
Bought by
Lam Queenie H and The M&M Living Trust
Current Estimated Value
$481,229

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 18, 2014
Sold by
Mitrak Inc
Bought by
Lam Queenie
Seller's Agent
Carl Mitrak
Keller Williams Realty
Buyer's Agent
QUANG MA
RELIABLE GROUP REALTY
List Price
$199,600
Sold Price
$194,500
Premium/Discount to List
-$5,100
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$138,750
Outstanding Balance
$106,129
Interest Rate
4.35%
Mortgage Type
Commercial
Estimated Equity
$375,100

Purchase Details

Closed on
May 27, 2003
Sold by
Mitrak Carl E and Mitrak Jo Ann
Bought by
Mitrak Inc

Purchase Details

Closed on
Jul 9, 2001
Sold by
Youngflesh Harlan K
Bought by
Mitrak Carl E and Mitrak Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1999
Sold by
Youngflesh Harlan R
Bought by
Youngflesh Harlan K and The Harland K Youngflesh Trust

Purchase Details

Closed on
Dec 11, 1995
Sold by
Perkins John C
Bought by
Youngflesh Harlan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,850
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1994
Sold by
Perkins Pauline
Bought by
Perkins John C
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
Lam Queenie H -- Accommodation
Lam Queenie $194,500 Title 365
Mitrak Inc -- --
Mitrak Carl E $145,000 United Title Company
Youngflesh Harlan K -- --
Youngflesh Harlan R $102,500 Orange Coast Title
Perkins John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Queenie $138,750
Previous Owner Mitrak Carl E $116,000
Previous Owner Youngflesh Harlan R $76,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $194,500 -2.6% $86 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $199,600 -- $88 / Sq Ft
Source: California Desert Association of REALTORS®

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 $2,697 $238,417 $42,899 $195,518
2023 $2,697 $229,161 $41,234 $187,927
2022 $2,610 $224,669 $40,426 $184,243
2021 $2,567 $220,265 $39,634 $180,631
2020 $2,537 $218,007 $39,228 $178,779
2019 $2,482 $213,733 $38,459 $175,274
2018 $2,405 $209,543 $37,705 $171,838
2017 $2,377 $205,435 $36,966 $168,469
2016 $2,359 $201,408 $36,242 $165,166
2015 $2,353 $198,385 $35,699 $162,686
2014 $1,957 $168,703 $48,197 $120,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214011862

California Desert Association of REALTORS®

APN: 449-021-036