Estimated Value: $281,000 - $321,533
2
Beds
1
Bath
792
Sq Ft
$381/Sq Ft
Est. Value
About This Home
This home is located at 40218 Frances Ln, Hemet, CA 92543 and is currently estimated at $301,633, approximately $380 per square foot. 40218 Frances Ln is a home located in Riverside County with nearby schools including McSweeny Elementary School, Diamond Valley Middle School, and West Valley High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2010
Sold by
Starlite Mgmt Iii Lp
Bought by
Starlite Mgmt Ii
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,950,000
Outstanding Balance
$3,290,580
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,988,947
Purchase Details
Closed on
Dec 11, 2009
Sold by
Chavira Rigo
Bought by
Starlite Mgmt Iii Lp
Purchase Details
Closed on
Aug 4, 2004
Sold by
Chavira Veronica G
Bought by
Chavira Rigo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2004
Sold by
Mcdonald Mark W and Mcdonald Wendy D
Bought by
Chavira Rigo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 19, 2003
Sold by
Prince Danny Lee
Bought by
Mcdonald Mark W and Mcdonald Wendy D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
5.97%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 21, 2003
Sold by
Prince Doreen M
Bought by
Prince Doreen M and Prince Danny Lee
Purchase Details
Closed on
Oct 2, 2001
Sold by
Prince Wayne C and Prince Doreen M
Bought by
Prince Doreen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Starlite Mgmt Ii | -- | Advantage Title Inc | |
| Starlite Mgmt Iii Lp | $37,500 | Accommodation | |
| Chavira Rigo | -- | Chicago Title Co | |
| Chavira Rigo | $190,000 | Chicago Title Co | |
| Mcdonald Mark W | $135,000 | Chicago Title Co | |
| Prince Doreen M | -- | Lawyers Title Company | |
| Prince Doreen M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Starlite Mgmt Ii | $4,950,000 | |
| Previous Owner | Chavira Rigo | $133,000 | |
| Previous Owner | Mcdonald Mark W | $132,914 | |
| Closed | Mcdonald Mark W | $7,100 | |
| Closed | Chavira Rigo | $57,000 |
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 | $807 | $49,033 | $25,807 | $23,226 |
| 2023 | $807 | $47,130 | $24,805 | $22,325 |
| 2022 | $569 | $46,207 | $24,319 | $21,888 |
| 2021 | $560 | $45,302 | $23,843 | $21,459 |
| 2020 | $559 | $44,838 | $23,599 | $21,239 |
| 2019 | $547 | $43,960 | $23,137 | $20,823 |
| 2018 | $532 | $43,099 | $22,684 | $20,415 |
| 2017 | $526 | $42,255 | $22,240 | $20,015 |
| 2016 | $522 | $41,427 | $21,804 | $19,623 |
| 2015 | $521 | $40,807 | $21,478 | $19,329 |
| 2014 | $499 | $40,009 | $21,058 | $18,951 |
Source: Public Records
Map
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