NOT LISTED FOR SALE

314 King Ct Hemet, CA 92543

Estimated Value: $244,000 - $332,000

2 Beds
1 Bath
890 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $85,000 $96 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,860/month

42 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Maintained Community
  • Property is near public transit
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2017

Nice opportunity for investors or first time buyers in this tucked away 2 bedroom, 1 bath unit close to shopping near Echo Hills Golf Course. Features include an open floor plan, a 2 car attached garage with direct access, a private master entry into bathroom, nice patio, washer/dryer hookups and some updated finishes. HOA fees have been lowered recently as well.

Last Agent to Sell the Property

Lora Wiley

Bassett & Associates, REALTORS License #01312244 Listed on: 06/23/2017

Last Buyer's Agent

Joe Salazar

Century 21 Masters License #01967474

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1,742 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • Echo Hills Association, Phone Number (951) 698-4030
  • Maintained Community

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 10496
  • Assessor Parcel Number 451380018

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 451380018
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 890.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 95.51
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Dues Paid Monthly
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Echo Hills
  • Phone: 951-698-4030
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 1742.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.07
  • Tax Lot: 18
  • Tax Tract Number: 10496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Brazeal Mitch
Bought by
Williams Timothy and Williams Juliet B
Current Estimated Value
$293,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,028
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 28, 2012
Closed on
Oct 19, 2012
Sold by
Peter Jason P
Bought by
Brazeal Mitch
Seller's Agent
Monique Ramirez
Grand Avenue Realty & Lending
Buyer's Agent
Lora Wiley
Bassett & Associates, REALTORS
List Price
$39,999
Sold Price
$40,000
Premium/Discount to List
$1
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%

Purchase Details

Closed on
Sep 18, 2002
Sold by
Franco David A and Franco Ruth L
Bought by
Peter Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,256
Interest Rate
5.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Williams Timothy $85,000 Chicago Title Inland Empire
Brazeal Mitch -- Chicago Title Inland Empire
Brazeal Mitch $40,000 Title 365
Peter Jason P $80,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Timothy $83,028
Previous Owner Peter Jason P $79,256
Closed Peter Jason P $4,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2017 10/18/17 Sold $85,000 -4.5% $96 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $89,000 0.0% $100 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $89,000 0.0% $100 / Sq Ft
08/01/2014 08/01/14 Rented $825 0.0% --
08/01/2014 08/01/14 For Rent $825 0.0% --
08/01/2013 08/01/13 Rented $825 -4.1% --
07/30/2013 07/30/13 Under Contract -- -- --
06/09/2013 06/09/13 For Rent $860 0.0% --
10/23/2012 10/23/12 Sold $40,000 0.0% $45 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
07/28/2012 07/28/12 For Sale $39,999 -- $45 / 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 $1,054 $96,709 $20,478 $76,231
2023 $1,054 $92,956 $19,684 $73,272
2022 $1,020 $91,135 $19,299 $71,836
2021 $1,002 $89,349 $18,921 $70,428
2020 $1,270 $88,433 $18,727 $69,706
2019 $1,317 $86,700 $18,360 $68,340
2018 $1,133 $85,000 $18,000 $67,000
2017 $718 $42,434 $10,606 $31,828
2016 $543 $41,603 $10,399 $31,204
2015 $542 $40,981 $10,244 $30,737
2014 $520 $40,181 $10,045 $30,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17160130

California Regional Multiple Listing Service (CRMLS)

APN: 451-380-018