NOT LISTED FOR SALE

331 N Palm Ave Hemet, CA 92543

Estimated Value: $352,376 - $410,000

3 Beds
1 Bath
1,178 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 331 N Palm Ave, Hemet, CA 92543 and is currently estimated at $372,094, approximately $315 per square foot. 331 N Palm Ave is a home located in Riverside County with nearby schools including Fruitvale Elementary School, Rancho Viejo Middle School, and Tahquitz High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Mejia Jorge and Alfaro Gloria Mejia
Bought by
Mejia Jorge and Alfaro Gloria Mejia
Current Estimated Value
$384,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$141,520
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$243,194

Purchase Details

Closed on
Oct 29, 2016
Sold by
Mejia Jorge and Alfaro Gloria
Bought by
Mejia Jorge and Alfaro Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Mejia Jorge and Alfaro Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,695
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2009
Sold by
Rios Luis Fernando and Rios Maricela
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 8, 2004
Sold by
Medrano Corina
Bought by
Rios Luis Fernando and Rios Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
9.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Medrano Corina
Bought by
The Corina Family Trust

Purchase Details

Closed on
May 31, 2002
Sold by
Cascarini George
Bought by
Medrano Corina

Purchase Details

Closed on
Jan 28, 2000
Sold by
Parker Marguerite
Bought by
Cascarini George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,468
Interest Rate
8.38%
Mortgage Type
FHA
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.

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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.

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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.

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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.

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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
Mejia Jorge -- First American Title Ins Co
Mejia Jorge -- Timios Title
Mejia Jorge -- Lsi Title
Hsbc Bank Usa National Association $37,000 Lawyers Title
Rios Luis Fernando $225,000 Stewart Title Riverside
The Corina Family Trust -- --
Medrano Corina $109,000 Lawyers Title Company
Cascarini George A $65,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Jorge $190,000
Closed Mejia Jorge $156,800
Closed Mejia Jorge $76,000
Previous Owner Mejia Jorge $70,695
Previous Owner Rios Luis Fernando $238,000
Previous Owner Rios Luis Fernando $202,500
Previous Owner Cascarini George A $64,468
Source: Public Records

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 $1,136 $92,918 $25,806 $67,112
2023 $1,136 $89,311 $24,804 $64,507
2022 $1,105 $87,561 $24,318 $63,243
2021 $1,088 $85,845 $23,842 $62,003
2020 $1,086 $84,966 $23,598 $61,368
2019 $2,433 $83,301 $23,136 $60,165
2018 $3,766 $81,669 $22,684 $58,985
2017 $1,023 $80,069 $22,240 $57,829
2016 $1,016 $78,500 $21,804 $56,696
2015 $1,014 $77,324 $21,478 $55,846
2014 $973 $75,811 $21,058 $54,753
Source: Public Records

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