NOT LISTED FOR SALE

302 Montero Ct Hemet, CA 92545

Estimated Value: $361,000 - $507,000

2.2 Acres
$196,515 Price per Acre
95,832 Sq Ft Lot

Last Sold August 11, 2017

Last sale price $575,000

Est. 25% decrease in value since last sale

Current estimated payment $2,472/month

Highlights

  • View of Hills
  • No HOA
  • Level Lot

About This Lot

As of August 2017

11 Partially finished infill lots in West Hemet. Great opportunity for small to medium builder. All lots are approximately 8700 sq ft +/- and are located close to shopping, schools and HWY 79. These lots are exempt from TUMPH fees and school fees have been paid! All utilities are on the lots and streets are paved.

Last Agent to Sell the Property

Steve Krasovec

Century 21 Masters License #01192212 Listed on: 05/30/2017

Century 21 Masters

Last Buyer's Agent

David Hale

Century 21 Masters License #00551090

Century 21 Masters

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,249

Lot Details

  • 2.2 Acre Lot
  • Level Lot
  • 455-572-006,455-572-007,455-572-011,455-572-012,455-572-013,455-572-014,455-572-015,455-572-016,455-572-017,445-771-006
  • Value in Land
  • Property is zoned R1

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Views of Hills
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 31146
  • Assessor Parcel Number 455572001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$2,249

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 455572001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.00

Exterior Features

  • View: Hills

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 455-572-006,455-572-007,455-572-011,455-572-012,455-572-013,455-572-014,455-572-015,455-572-016,455-572-017,445-771-006
  • Land Lease: No
  • Lot Features: Level, Value In Land
  • Lot Size Sq Ft: 95832.00

Tax Info

  • Tax Census Tract: 435.04
  • Tax Tract Number: 31146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 20, 2017
Sold by
Partners Llc
Bought by
Palmas Del Mar Lp
Seller's Agent
Steve Krasovec
Century 21 Masters
Buyer's Agent
David Hale
Century 21 Masters
List Price
$632,500
Sold Price
$575,000
Premium/Discount to List
-$57,500
-9.09%
Current Estimated Value
$432,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,667
Avg. Annual Appreciation
-3.42%
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2017
Sold by
Desert Ice Holdings Llc
Bought by
North Star Ira Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2015
Sold by
Walcott Investments Llc
Bought by
Desert Ice Holdings Llc

Purchase Details

Closed on
May 4, 2015
Sold by
Home Front Investments Llc
Bought by
Walcott Investments Llc

Purchase Details

Closed on
Sep 16, 2013
Sold by
New West Investment Group Inc
Bought by
Home Front Investment Properties Llc

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
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Corman Brooke Llc
Bought by
Warren & Devonshire Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Corman Brooke Llc
Bought by
The City Of Hemet
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palmas Del Mar Lp $575,000 Chicago Title Company
North Star Ira Investments Llc $527,844 Wfg National Default Service
Desert Ice Holdings Llc $665,000 First American Title Company
Walcott Investments Llc -- None Available
Home Front Investment Properties Llc $300,000 First Amer Title San Diego
Warren & Devonshire Llc $7,212,472 None Available
The City Of Hemet -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmas Del Mar Lp $375,000
Previous Owner Home Front Investment Properties Llc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $575,000 -9.1% --
05/30/2017 05/30/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $632,500 -- --
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 $2,249 $59,476 $59,476 --
2023 $2,249 $57,167 $57,167 $0
2022 $2,203 $56,047 $56,047 $0
2021 $2,140 $54,949 $54,949 $0
2020 $2,145 $54,386 $54,386 $0
2019 $2,135 $53,320 $53,320 $0
2018 $2,068 $52,275 $52,275 $0
2017 $2,152 $48,450 $48,450 $0
2016 $2,186 $47,500 $47,500 $0
2015 $2,230 $21,929 $21,929 $0
2014 $2,126 $21,500 $21,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17122034

California Regional Multiple Listing Service (CRMLS)

APN: 455-572-001