NOT LISTED FOR SALE

320 N Hamilton Ave Hemet, CA 92543

Estimated Value: $574,000 - $633,431

5 Beds
3 Baths
2,112 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $370,000 $175 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,685/month

23 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of December 2018

GREAT PROPERTY WITH 3 UNITS AND ALL TENANT OCCUPIED. MUST SEE!

Last Agent to Sell the Property

ALEJANDRA SANCHEZ

PROVIDENT REAL ESTATE License #01994904 Listed on: 09/01/2018

Last Buyer's Agent

Gerardo Munoz

VIP RE Firm License #01806189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,567

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Private Yard
  • Property is zoned R3

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 434
  • Assessor Parcel Number 442052010

Community Details

Overview

  • No Home Owners Association
  • Valley

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,567

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-250-3543
  • Property Attached: No
  • Water Sewer Expenses: 320.00
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 442052010
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 175.19

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2525.00
  • Gross Scheduled Income: 2525.00
  • Insurance Expense: 180.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 2205.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 320.00
  • Rent Control: No
  • Total Actual Rent: 2525.00
  • Total Expenses: 520.00

Tax Info

  • New Taxes Expense: 220.00
  • Tax Census Tract: 434.05
  • Tax Lot: 21
  • Tax Tract Number: 434.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Salguero Marlon Rival
Bought by
Salguero Marlon Rival and Salguero Geydy Rivas
Current Estimated Value
$606,358

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
Outstanding Balance
$248,930
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$357,428

Purchase Details

Listed on
Sep 1, 2018
Closed on
Oct 23, 2018
Sold by
Salguero Geydy R
Bought by
Salguero Marion Rivai
Seller's Agent
ALEJANDRA SANCHEZ
PROVIDENT REAL ESTATE
Buyer's Agent
Gerardo Munoz
VIP RE Firm
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$270,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2018
Sold by
King Ricardo Azueta and Calderon Angelica
Bought by
Salguero Marlon Rivai

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
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Craven Joshua J and Craven Janelle J
Bought by
Azueta Ricardo and Calderon Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,852
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2014
Sold by
Craven Joshua J and Craven Joshua
Bought by
Craven Joshua J and Craven Janelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2013
Closed on
Sep 12, 2013
Sold by
Syal Madan G and Syal Mohini
Bought by
Craven Joshua
Seller's Agent
Robert Castro
UNITED REALTY GROUP
Buyer's Agent
Robert Castro
UNITED REALTY GROUP
List Price
$149,900
Sold Price
$149,000
Premium/Discount to List
-$900
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Oct 13, 2004
Sold by
Syal Madan and Syal Mohini
Bought by
Syal Madan G and Syal Mohini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Performance Properties Inc
Bought by
Syal Madan and Syal Mohini

Purchase Details

Closed on
Mar 19, 2004
Sold by
Rollman Ronald W and Rollman Elizabeth G
Bought by
Performance Properties Llc
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
Salguero Marlon Rival -- Wfg National Title Company
Salguero Marion Rivai -- Stewart Title
Salguero Marlon Rivai $360,000 Stewart Title
Azueta Ricardo $229,000 First American Title Company
Craven Joshua J -- Orange Coast Title Company
Craven Joshua $149,000 Orange Coast Title
Syal Madan G -- Orange Coast Title Co
Syal Madan $280,000 Commonwealth Land Title Co
Performance Properties Llc $248,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Marlon Rival $270,000
Previous Owner Salguero Marlon Rivai $270,000
Previous Owner Azueta Ricardo $224,852
Previous Owner Craven Joshua J $136,500
Previous Owner Syal Madan G $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $370,000 0.0% $175 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $369,900 +61.5% $175 / Sq Ft
08/26/2016 08/26/16 Sold $229,000 0.0% $108 / Sq Ft
03/12/2016 03/12/16 For Sale $229,000 +53.7% $108 / Sq Ft
10/03/2013 10/03/13 Sold $149,000 -0.6% $71 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $149,900 -- $71 / 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 $4,567 $401,581 $83,661 $317,920
2023 $4,567 $385,989 $80,413 $305,576
2022 $4,424 $378,422 $78,837 $299,585
2021 $4,352 $371,003 $77,292 $293,711
2020 $4,302 $367,200 $76,500 $290,700
2019 $4,209 $360,000 $75,000 $285,000
2018 $2,745 $233,580 $45,900 $187,680
2017 $2,713 $229,000 $45,000 $184,000
2016 $1,893 $154,291 $31,064 $123,227
2015 $1,887 $151,976 $30,599 $121,377
2014 $1,806 $149,000 $30,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18212552

California Regional Multiple Listing Service (CRMLS)

APN: 442-052-010