NOT LISTED FOR SALE

266 N Valley View Dr Hemet, CA 92543

Hemet Area

Estimated Value: $624,000 - $768,000

4 Beds
4 Baths
2,520 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2020

Last sale price $420,000 $167 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,091 / mo

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring

About This Home

As of February 2020

Your opportunity to own an income producing Fourplex is here! Prime units within walking proximity to shopping, dining, and entertainment. With a newer coat of exterior paint, drought resistant landscaping, and fully occupied tenancy, this low maintenance property is ready for its new owner. Each well maintained unit features its own meter for electric, gas, and a single car garage with an additional uncovered parking space.

Last Agent to Sell the Property

Isela Vargas

Realty One Group West License #02013343 Listed on: 01/10/2020

Realty One Group West

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Range of Values:

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

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 2,520 Sq Ft Home

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 183
  • Assessor Parcel Number 442072004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $996
  • Water Sewer Expense $3,600
  • Operating Expense $6,996
  • Gross Income $38,700
  • Net Operating Income $31,704

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 442072004
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 166.67
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Sewer: Public Sewer
  • Trash Expense: 996.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 38700.00
  • Gross Scheduled Income: 38700.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 31704.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Operating Expense: 6996.00
  • Rent Control: No
  • Total Expenses: 6996.00

Tax Info

  • Tax Census Tract: 434.05
  • Tax Lot: 183

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Golden Opportunity No 28 Lp
Bought by
Current Estimated Value
$661,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,142,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jan 24, 2020
Sold by
Aguilar Angel Vargas
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Isela Vargas
Realty One Group West
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$455,000
Sold Price
$420,000
Premium/Discount to List
-$35,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Listed on
Apr 8, 2014
Closed on
Sep 9, 2014
Sold by
Shuler Katrina J
Bought by
Aguilar Angel Vargas
Seller's Agent
Betsy Burkey
Realty Sky
Buyer's Agent
Charlie Steffey
T.N.G. Real Estate Consultants
List Price
$239,900
Sold Price
$212,000
Premium/Discount to List
-$27,900
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$159,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2010
Sold by
Shuler Michael J
Bought by
Shuler Katrina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2010
Sold by
Shigaki Nozomu Hope and Shigaki Toyomi Nancy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 6, 2005
Sold by
Coscuna Ronald A and Coscuna Cynthia K
Bought by
Shigaki Nozomu Hope and Shigaki Toyomi Nancy

Purchase Details

Closed on
Feb 24, 2004
Sold by
Butler Frank E and Butler Barbara L
Bought by
Coscuna Ronald A and Coscuna Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1996
Sold by
Einbinder Jack and Einbinder Jennifer
Bought by
Butler Frank E and Butler Barbara L

Purchase Details

Closed on
Dec 19, 1995
Sold by
Schleissner Leopold A and Schleissner Emily
Bought by
Einbinder Jack and Einbinder Jennifer
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title Co
Golden Opportunity No 28 Lp $420,000 Ticor Title
Aguilar Angel Vargas $212,000 Stewart Title
Shuler Katrina J -- Landsafe Title Of Ca Inc
Shuler Katrina J $121,500 Landsafe Title Of Ca Inc
The Bank Of New York Mellon $149,000 Landsafe Title
Shigaki Nozomu Hope $500,000 Commonwealth Land Title Co
Coscuna Ronald A $318,500 First American Title Co
Butler Frank E $52,500 Orange Coast Title
Einbinder Jack $80,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,142,000
Previous Owner Aguilar Angel Vargas $100,000
Previous Owner Aguilar Angel Vargas $159,000
Previous Owner Shuler Katrina J $90,000
Previous Owner Coscuna Ronald A $254,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2020 02/11/20 Sold $420,000 -7.7% $167 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $455,000 +114.6% $181 / Sq Ft
09/23/2014 09/23/14 Sold $212,000 -11.6% $84 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $239,900 -- $95 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,320 $468,512 $139,437 $329,075
2025 $5,320 $459,326 $136,703 $322,623
2023 $5,217 $441,493 $131,396 $310,097
2022 $5,292 $453,900 $137,700 $316,200
2021 $4,970 $424,351 $126,295 $298,056
2020 $2,787 $232,972 $65,934 $167,038
2019 $2,728 $228,405 $64,642 $163,763
2018 $2,646 $223,927 $63,375 $160,552
2017 $2,616 $219,537 $62,133 $157,404
2016 $2,597 $215,233 $60,915 $154,318
2015 $2,590 $212,000 $60,000 $152,000
2014 $1,568 $126,979 $52,255 $74,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20006468

California Regional Multiple Listing Service (CRMLS)

APN: 442-072-004

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