NOT LISTED FOR SALE

359 S Gilbert St Hemet, CA 92543

Estimated Value: $431,000 - $457,000

4 Beds
4 Baths
1,920 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $304,900 $159 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,646/month

31 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Central Heating and Cooling System
  • Fishing
  • Hiking Trails
  • 1-Story Property

About This Home

As of October 2020

2br-2ba duplex With 3 garage spaces in down town area close to shopping and schools. It will go quick.

Last Agent to Sell the Property

Mike Culton

Brubaker Culton R.E. & Dev. License #00557811 Listed on: 07/07/2020

Last Buyer's Agent

ROSA RODARTE

Elevate Real Estate Agency License #01422181

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Rural Setting

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Rain Gutters
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 168
  • Assessor Parcel Number 446020015

Community Details

Overview

  • 2 Units
  • Community Lake
  • Near a National Forest
  • Foothills
  • Mountainous Community
  • Property is near a ravine
  • Valley

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Hiking Trails

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,800
  • New Taxes Expense $1,680
  • Operating Expense $3,480
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 446020015
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 158.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest, Curbs, Fishing, Foothills, Golf, Hiking, Gutters, Lake, Park, Hunting, Mountainous, Ravine, Rural, Storm Drains, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 15000.00
  • Gross Scheduled Income: 15000.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 3480.00

Tax Info

  • New Taxes Expense: 1680.00
  • Tax Block: 168
  • Tax Census Tract: 434.01
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Packham Garry Glen and Don E And Mary E Packham Trust
Bought by
Rosas Williams A
Current Estimated Value
$446,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,723
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Packham Don E and Packham Mary E
Bought by
Packham Don E and Packham Mary E
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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Purchase History

Date Buyer Sale Price Title Company
Rosas Williams A $305,000 Orange Coast Ttl Co A Ca Cor
Packham Don E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosas Williams A $294,723
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $304,900 0.0% $159 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $304,900 -- $159 / 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 $3,752 $330,139 $75,769 $254,370
2023 $3,752 $317,322 $72,828 $244,494
2022 $3,740 $311,100 $71,400 $239,700
2021 $3,575 $305,000 $70,000 $235,000
2020 $1,768 $146,333 $39,010 $107,323
2019 $1,731 $143,465 $38,246 $105,219
2018 $1,680 $140,653 $37,498 $103,155
2017 $1,661 $137,896 $36,763 $101,133
2016 $1,649 $135,193 $36,043 $99,150
2015 $1,644 $133,163 $35,502 $97,661
2014 $1,573 $130,556 $34,807 $95,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20132859

California Regional Multiple Listing Service (CRMLS)

APN: 446-020-015