NOT LISTED FOR SALE

40210 Frances Ln Hemet, CA 92543

Estimated Value: $344,000 - $357,171

2 Beds
1 Bath
792 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $325,000 $410 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,167/month

48 Days on Market

Highlights

  • View of Hills
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of August 2023

Back on the market, subject to cancellation of current escrow! Appraised much higher than list price. Welcome to 40210 Frances Ln, an affordable 2 bedrooms 1 bathroom home looking for a new owner! Featuring a spacious living room with fireplace, central AC and heating, sunroom which could be used as a game room or office, fire pit and BBQ area perfect for entertaining guests, storage shed and much more. This is a great home for a starting family, come snatch it away before it's gone!

Last Agent to Sell the Property

Catalina Castaneda

Southland Homes License #01886731 Listed on: 06/26/2023

Co-Listed By

Walid Zafari

Southland Homes License #02032191

Last Buyer's Agent

Araceli Ramirez

ZITRO REALTY License #01193208

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 2822
  • Assessor Parcel Number 451163013
  • $654 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, dryer, cabinet, 2 recliners, TV in bedroom, storage shed outside.
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 451163013
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 792.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 410.35
  • Room Type: Kitchen

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.12
  • Tax Lot: 17
  • Tax Tract Number: 2822
  • TaxOtherAnnualAssessmentAmount: 654.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 13, 2023
Sold by
Sosa Angel
Bought by
Cruz Larissa Kathleen
Seller's Agent
Catalina Castaneda
Southland Homes
Buyer's Agent
Araceli Ramirez
ZITRO REALTY
List Price
$289,000
Sold Price
$325,000
Premium/Discount to List
$36,000
12.46%
Views
53
Current Estimated Value
$353,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,043
Avg. Annual Appreciation
3.26%
Original Mortgage
$319,113
Outstanding Balance
$311,737
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$41,306

Purchase Details

Listed on
Dec 16, 2018
Closed on
Mar 26, 2019
Sold by
Sanchez Javier and Sanchez Alberto
Bought by
Sosa Angel
Seller's Agent
Tina Casen
Exit Alliance Realty
Buyer's Agent
Catalina Castaneda
Southland Homes
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$181,649
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2019
Sold by
Sanchez Javier and Sanchez Alberto
Bought by
Sanchez Javier and Sanchez Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2017
Sold by
Sanchez Alejandro
Bought by
Sanchez Javier and Sanchez Alberto

Purchase Details

Closed on
Jul 20, 2017
Sold by
Sanchez Alex
Bought by
Sanchez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.96%

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 28, 2014
Sold by
Arnold Suzanne L
Bought by
Sanchez Alex
Seller's Agent
Larry Bubley
Brubaker Culton R.E. & Dev.
Buyer's Agent
Larry Bubley
Brubaker Culton R.E. & Dev.
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$70,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Grieder Kevin L and Grieder Linda K
Bought by
Arnold Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,950
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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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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
Cruz Larissa Kathleen $325,000 Usa National Title
Sosa Angel $185,000 Lawyers Title
Sanchez Javier -- Lawyers Title
Sanchez Javier -- None Available
Sanchez Alejandro -- --
Sanchez Alex $108,000 Title 365
Arnold Suzanne L $81,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Larissa Kathleen $319,113
Previous Owner Sosa Angel $181,649
Previous Owner Sanchez Alejandro --
Previous Owner Sanchez Alex $70,200
Previous Owner Arnold Suzanne L $76,950
Closed Sanchez Alejandro $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $325,000 +12.5% $410 / Sq Ft
08/16/2023 08/16/23 For Sale $289,000 -11.1% $365 / Sq Ft
08/10/2023 08/10/23 Off Market $325,000 -- --
07/12/2023 07/12/23 For Sale $289,000 -11.1% $365 / Sq Ft
07/03/2023 07/03/23 Off Market $325,000 -- --
06/26/2023 06/26/23 For Sale $289,000 +56.2% $365 / Sq Ft
05/15/2019 05/15/19 Sold $185,000 0.0% $234 / Sq Ft View Prior Sale
04/02/2019 04/02/19 Pending -- -- --
12/16/2018 12/16/18 For Sale $185,000 +76.2% $234 / Sq Ft
02/28/2014 02/28/14 Sold $105,000 0.0% $133 / Sq Ft View Prior Sale
01/02/2014 01/02/14 For Sale $105,000 -- $133 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,715 $331,500 $36,720 $294,780
2023 $3,715 $198,355 $38,598 $159,757
2022 $2,785 $194,467 $37,842 $156,625
2021 $2,649 $190,654 $37,100 $153,554
2020 $2,113 $188,700 $36,720 $151,980
2019 $1,724 $147,900 $35,700 $112,200
2018 $1,671 $145,000 $35,000 $110,000
2017 $1,335 $114,071 $21,123 $92,948
2016 $1,325 $111,835 $20,709 $91,126
2015 $1,322 $110,157 $20,399 $89,758
2014 $948 $87,000 $32,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23113057

California Regional Multiple Listing Service (CRMLS)

APN: 451-163-013

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