NOT LISTED FOR SALE

363 S Gilbert St Hemet, CA 92543

Hemet Area

Estimated Value: $263,679 - $550,000

6 Beds
4 Baths
2,410 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2024

Last sale price $265,000 $110 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,798 / mo

5 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Wood Fence
  • High Ceiling
  • Central Heating
  • 1-Story Property

About This Home

As of June 2024

This duplex offers an enticing opportunity for investors. Boasting three bedrooms and two bathrooms, it provides ample space for potential tenants or occupants. Situated on a corner lot, the property features backyards, offering additional outdoor space and potential amenities. Sold as is, this investment opportunity is available for cash transactions only, providing a straightforward and efficient purchase process for interested investors.
CASH ONLY,
Units are A and B

Last Agent to Sell the Property

Susan Pippin

SoCal Realtors & Associates Brokerage Phone: 951-532-9908 License #01011922 Listed on: 05/05/2024

Last Buyer's Agent

Michael Perciful

SoCal Realtors & Associates License #01476173

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Planned Development
  • Composition Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Laundry in Garage

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 21476
  • Assessor Parcel Number 446020063
  • $994 per year additional tax assessments

Community Details

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $2,800
  • Operating Expense $5,000
  • Gross Income $190,000
  • Net Operating Income $5,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 400.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 446020063
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 109.96
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100
  • Latitude Manual: 33.74228500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 190000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 5000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Actual Rent: 2100.00
  • Total Expenses: 5000.00

Tax Info

  • New Taxes Expense: 2800.00
  • Tax Census Tract: 434.01
  • Tax Lot: 4
  • Tax Tract Number: 21476
  • TaxOtherAnnualAssessmentAmount: 994.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
May 16, 2024
Sold by
Bought by
Seller's Agent
Susan Pippin
SoCal Realtors & Associates
Buyer's Agent
Michael Perciful
SoCal Realtors & Associates
List Price
$329,900
Sold Price
$265,000
Premium/Discount to List
-$64,900
-19.67%
Views
15
Current Estimated Value
$450,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,170
Avg. Annual Appreciation
26.96%

Purchase Details

Closed on
May 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 1997
Sold by
Bought by

Purchase Details

Closed on
May 28, 1997
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 First American Title
-- None Available
-- None Available
-- --
$93,000 Orange Coast Title
$134,279 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $265,000 0.0% $110 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/07/2024 05/07/24 Off Market $265,000 -- --
05/05/2024 05/05/24 For Sale $329,900 0.0% $137 / Sq Ft
05/27/2016 05/27/16 Rented $1,175 0.0% --
05/18/2016 05/18/16 For Rent $1,175 0.0% --
04/26/2016 04/26/16 Rented $1,175 0.0% --
04/26/2016 04/26/16 Price Changed $1,175 +4.4% $1 / Sq Ft
04/13/2016 04/13/16 For Rent $1,125 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,937 $342,291 $109,242 $233,049
2025 $2,861 $335,579 $83,696 $251,883
2023 $2,861 $142,700 $46,022 $96,678
2022 $2,167 $139,903 $45,120 $94,783
2021 $1,939 $137,161 $44,236 $92,925
2020 $1,956 $135,756 $43,783 $91,973
2019 $1,672 $133,095 $42,925 $90,170
2018 $1,624 $130,486 $42,086 $88,400
2017 $1,606 $127,928 $41,261 $86,667
2016 $1,596 $125,420 $40,452 $84,968
2015 $1,591 $123,539 $39,846 $83,693
2014 $1,526 $121,120 $39,066 $82,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24090415

California Regional Multiple Listing Service (CRMLS)

APN: 446-020-063

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