NOT LISTED FOR SALE

296 N Palm Ave Hemet, CA 92543

Estimated Value: $441,000 - $475,889

3 Beds
2 Baths
1,979 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $280,000 $141 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,789/month

137 Days on Market

Highlights

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

About This Home

As of April 2020

***NICE EXTRA LARGE CORNER LOT PIECE OF PROPERTY WITH 3 BEDROOMS, 2 BATHROOMS COMPUTER ROOM OR OFFICE *** EXTRA LARGE EXTRA TALL 2 CAR GARAGE *** EXTRA LARGE LOT OFFERS DRIVEWAY AND TRUCK OR RV ACCESS *** POSSIBILITIES ARE ENDLESS IN THIS 1957 SQFT OF LIVING SPACE PROPERTY *** DO NOT MISS OUT ***

Last Agent to Sell the Property

BULMARO BARRAZA

NATIONAL REALTY GROUP License #01196571 Listed on: 11/11/2019

NATIONAL REALTY GROUP

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1945

Lot Details

  • 0.37 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,979 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 443171037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 443171037
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1979.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 141.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16117.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.01
  • Tax Lot: 10
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Apr 16, 2020
Sold by
Diaz Guadalupe Ramos
Bought by
Ramos Elizabeth
Seller's Agent
BULMARO BARRAZA
NATIONAL REALTY GROUP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$458,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,722
Avg. Annual Appreciation
9.38%
Original Mortgage
$5,498
Outstanding Balance
$4,909
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$445,897

Purchase Details

Listed on
Nov 11, 2019
Closed on
Mar 25, 2020
Sold by
Perez Jesus
Bought by
Rivera Francisco and Rivera Atanacia
Seller's Agent
BULMARO BARRAZA
NATIONAL REALTY GROUP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,498
Outstanding Balance
$4,909
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$445,897

Purchase Details

Closed on
Aug 5, 2014
Sold by
Perez Jesus and Mejia Jenny
Bought by
Perez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Fleites Maria Olinda
Bought by
Perez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,428
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2011
Sold by
Fannie Mae
Bought by
Perez Jesus and Mejia Jeny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,428
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2011
Sold by
Smart Francis L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2007
Sold by
Smart Francis Lloyd
Bought by
Smart Francis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 6, 2007
Sold by
Curtis Patricia Marie
Bought by
Smart Francis Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 9, 1994
Sold by
Beneficial California Inc
Bought by
Smart Francis L and Curtis Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,607
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1993
Sold by
Beneficial Management Corp Of America
Bought by
Beneficial California Inc
Source: Public Records

Range of Values:

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
Ramos Elizabeth -- Usa Ntc
Rivera Francisco $280,000 Usa Ntc
Perez Jesus -- Nations Title Company
Perez Jesus -- Nations Title Company
Perez Jesus -- Commerce Title
Perez Jesus $62,000 Commerce Title
Federal National Mortgage Association $288,371 Accommodation
Smart Francis L -- First American Title Company
Smart Francis Lloyd -- None Available
Smart Francis L $75,000 Chicago Title Company
Beneficial California Inc $87,253 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Francisco $5,498
Open Rivera Francisco $274,928
Previous Owner Perez Jesus $81,000
Previous Owner Perez Jesus $60,428
Previous Owner Smart Francis L $544,185
Previous Owner Smart Francis L $225,000
Previous Owner Smart Francis L $25,000
Previous Owner Smart Francis L $75,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $280,000 0.0% $141 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/08/2020 03/08/20 Price Changed $280,000 -3.4% $141 / Sq Ft
11/11/2019 11/11/19 For Sale $290,000 -- $147 / 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 $3,463 $306,215 $82,022 $224,193
2023 $3,463 $294,327 $78,838 $215,489
2022 $3,357 $288,557 $77,293 $211,264
2021 $3,301 $282,900 $75,778 $207,122
2020 $1,148 $92,738 $27,964 $64,774
2019 $1,125 $90,920 $27,416 $63,504
2018 $1,094 $89,138 $26,879 $62,259
2017 $1,081 $87,391 $26,352 $61,039
2016 $1,072 $85,679 $25,836 $59,843
2015 $1,069 $84,394 $25,449 $58,945
2014 $810 $63,525 $20,492 $43,033
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: IV19262881

California Regional Multiple Listing Service (CRMLS)

APN: 443-171-037