NOT LISTED FOR SALE

2961 Pepper St Hemet, CA 92545

Estimated Value: $397,000 - $413,338

3 Beds
2 Baths
1,392 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $258,000 $185 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,420/month

26 Days on Market

Highlights

  • Active Adult
  • Laundry Room
  • 1-Story Property
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of March 2020

Charming single story home located in a newer 55 and over community of Hemet. This home was built in 2001 with 1,392 square feet with 3 bedrooms and 3 baths. Large open concept floor plan with large living room that connects to the eat in kitchen. Private master bedroom that features a master bath with combination tub shower. Large back yard makes a great space for entertaining family and friends. Large drive way with 2 car garage can accommodate a large assortment of vehicles with RV parking on the side. The home is with in walking distance toGibbel Park and Colonial Golf and Country Club. This is a great home in a great community waiting for the next family to call it home.

Last Agent to Sell the Property

Jessie Rodriguez

Cal American Homes License #01418054 Listed on: 01/24/2020

Cal American Homes

Last Buyer's Agent

Gladys Orozco

EXCELLENCE EMPIRE REAL ESTATE License #01846469

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 7,841 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult
  • Cream Acres HOA, Phone Number (951) 654-9955

Listing and Financial Details

  • Tax Lot 128
  • Tax Tract Number 28581
  • Assessor Parcel Number 444143024

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 444143024
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1392.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 185.34
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 95.00
  • Association Fee Frequency: Annually
  • Association Name: Cream Acres HOA
  • Phone: 951-654-9955
  • Senior Community: Yes
  • Community Features: Sidewalks
  • Association Management: Cream Acres HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 435.06
  • Tax Lot: 128
  • Tax Tract Number: 28581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 24, 2020
Sold by
2018 1 Ih Borrower Lp
Bought by
Magallanes Luze M
Seller's Agent
Jessie Rodriguez
Cal American Homes
Buyer's Agent
Gladys Orozco
EXCELLENCE EMPIRE REAL ESTATE
List Price
$270,000
Sold Price
$258,000
Premium/Discount to List
-$12,000
-4.44%
Current Estimated Value
$405,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,585
Avg. Annual Appreciation
8.14%
Original Mortgage
$253,325
Outstanding Balance
$223,928
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$181,657

Purchase Details

Closed on
Feb 8, 2018
Sold by
2018 1 Ih Borrower Lp
Bought by
2018 1 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,571,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 5, 2013
Closed on
May 3, 2013
Sold by
Miller Verne and Ruddle Miller Carolyn J
Bought by
Colfin Ai Ca 4 Llc
Seller's Agent
Steve Brahs
Stephen A. Brahs, Broker
Buyer's Agent
Steve Brahs
Stephen A. Brahs, Broker
Sold Price
$1,195

Purchase Details

Closed on
Jan 10, 2011
Sold by
Miller Verne
Bought by
Ruddle Miller Carolyn

Purchase Details

Closed on
May 29, 2003
Sold by
Poole Valerie Jeanne
Bought by
Miller Verne and Ruddle Miller Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2002
Sold by
John Crean Homes
Bought by
Poole Valerie Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magallanes Luze M $258,000 First American Title Company
2018 1 Ih Borrower Lp -- None Available
Colfin Ai Ca 4 Llc $140,000 Pacific Coast Title Company
Ruddle Miller Carolyn -- None Available
Miller Verne $206,000 First American Title Co
Poole Valerie Jeanne $150,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magallanes Luze M $253,325
Previous Owner 2018 1 Ih Borrower Lp $916,571,000
Previous Owner Miller Verne $164,800
Previous Owner Poole Valerie Jeanne $110,000
Closed Miller Verne $20,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $258,000 0.0% $185 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $258,000 -4.4% $185 / Sq Ft
01/24/2020 01/24/20 For Sale $270,000 0.0% $194 / Sq Ft
07/01/2013 07/01/13 Rented $1,195 0.0% --
06/18/2013 06/18/13 Under Contract -- -- --
06/05/2013 06/05/13 For Rent $1,195 -- --
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 $3,518 $282,156 $43,743 $238,413
2023 $3,518 $271,202 $42,046 $229,156
2022 $3,390 $265,885 $41,222 $224,663
2021 $3,328 $260,672 $40,414 $220,258
2020 $2,867 $221,897 $32,472 $189,425
2019 $2,801 $217,547 $31,836 $185,711
2018 $2,715 $213,282 $31,212 $182,070
2017 $2,672 $209,100 $30,600 $178,500
2016 $1,968 $145,525 $29,124 $116,401
2015 $1,956 $143,341 $28,688 $114,653
2014 $1,869 $140,535 $28,127 $112,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20017170

California Regional Multiple Listing Service (CRMLS)

APN: 444-143-024