NOT LISTED FOR SALE

40218 Marcella Ln Hemet, CA 92543

Estimated Value: $334,000 - $370,000

2 Beds
1 Bath
792 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $345,000 $436 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,158/month

20 Days on Market

Highlights

  • Private Yard
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2023

Step into your own oasis with this unique gem located in the heart of Hemet . This cozy 2 bedroom and 1 bath fully remodeled home with great curb appeal. Great neighborhood. New tile flooring and new carpet. Schools ,Churches and restaurants few blocks away. Large Yard . Must see .

Last Agent to Sell the Property

Matthew Arfa

AMS Holdings, Inc. License #02048672 Listed on: 04/25/2023

Last Buyer's Agent

David Del Real

Realty Masters & Associates License #02109753

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Private Yard
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2923
  • Assessor Parcel Number 451161011
  • $44 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 451161011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 792.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 435.61
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.12
  • Tax Lot: 15
  • Tax Tract Number: 2923
  • TaxOtherAnnualAssessmentAmount: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 4, 2023
Sold by
Golden Star Investment Properties Llc
Bought by
Solis Phillip Anthony and Solis Angelica Juliana
Seller's Agent
Matthew Arfa
AMS Holdings, Inc.
Buyer's Agent
David Del Real
Realty Masters & Associates
List Price
$345,000
Sold Price
$345,000
Views
56
Current Estimated Value
$351,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,010
Avg. Annual Appreciation
0.65%
Original Mortgage
$338,751
Outstanding Balance
$329,124
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$21,886

Purchase Details

Closed on
Aug 25, 2010
Sold by
Wayy Brian and Shayan Labkhand
Bought by
Golden Star Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Federal National Mortgage Association
Bought by
Wayy Brian and Shayan Labkhand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Wayy Maryam Danesh
Bought by
Wayy Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Munoz Mark J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 20, 2004
Sold by
Johnson Keith C
Bought by
Munoz Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Johnson Shannon C
Bought by
Johnson Keith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,472
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Ramirez Feliciano and Ramirez Francisca
Bought by
Johnson Keith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,472
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Mcfarland Dennis
Bought by
Ramirez Feliciano and Ramirez Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2001
Sold by
Ramirez Feliciano
Bought by
Ramirez Francisca and Rojas Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
6.9%
Mortgage Type
FHA
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
Solis Phillip Anthony $345,000 Western Resources
Golden Star Investment Properties Llc -- Accommodation
Wayy Brian $53,000 Lsi Title Company Inc
Wayy Brian -- Lsi Title Company Inc
Federal National Mortgage Association $141,152 Landsafe Title
Munoz Mark J $165,000 North American Title Co
Johnson Keith C -- Chicago Title Co
Johnson Keith C $132,000 Chicago Title Co
Ramirez Feliciano $75,000 Lawyers Title Company
Ramirez Francisca -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Phillip Anthony $338,751
Previous Owner Wayy Brian $39,750
Previous Owner Munoz Mark J $132,000
Previous Owner Johnson Keith C $105,472
Previous Owner Ramirez Feliciano $73,841
Closed Johnson Keith C $26,368
Closed Munoz Mark J $24,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $345,000 0.0% $436 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $345,000 -- $436 / 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 $4,019 $358,937 $37,454 $321,483
2023 $4,019 $65,252 $24,622 $40,630
2022 $771 $63,974 $24,140 $39,834
2021 $758 $62,720 $23,667 $39,053
2020 $754 $62,078 $23,425 $38,653
2019 $739 $60,862 $22,966 $37,896
2018 $717 $59,669 $22,516 $37,153
2017 $709 $58,500 $22,075 $36,425
2016 $704 $57,354 $21,643 $35,711
2015 $702 $56,495 $21,319 $35,176
2014 $672 $55,390 $20,902 $34,488
Source: Public Records

Agents Affiliated with this Home

  • Matthew Arfa

    Seller's Agent in 2023

    Matthew Arfa

    AMS Holdings, Inc.

    (888) 695-5626

    1 in this area

    21 Total Sales

    Matthew Arfa
    Section Image
  • David Del Real

    Buyer's Agent in 2023

    David Del Real

    Realty Masters & Associates

    (626) 532-3334

    1 in this area

    13 Total Sales

    David Del Real
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23069800

California Regional Multiple Listing Service (CRMLS)

APN: 451-161-011

California Riverside County Hemet 92543

40218 Marcella Ln, Hemet, CA

Not Listed for Sale

Detached

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