NOT LISTED FOR SALE

40320 Walnut St Hemet, CA 92544

Estimated Value: $586,184 - $677,000

3 Beds
2 Baths
1,674 Sq Ft
$376/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $555,000 $332 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,826/month

23 Days on Market

Highlights

  • Horse Property
  • No HOA
  • Living Room
  • Mountain View
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2022

***CHARMING HOME with Large BARN on HORSE PROPERTY with SOLAR***  This Gated Home is nestled amongst the Trees and is 3 Bedrooms, 2 Baths, 1674 Sq. Ft., just under 1 Acre, Huge Barn, 2 Storage Sheds, Solar (no loan), Dual Pane Windows and New Heating and Cooling System.  This Home's layout is very spacious with a formal Living Room, large Family Room with Fireplace, Dining room, Kitchen and huge indoor Laundry Room, 3 Bedrooms and 2 Baths.  This property has Beautiful Trees, Large Barn (two levels) which could be converted to Guest Quarters, multiple storage sheds, animal enclosures, etc.  There is plenty of room to build a Pool and Spa or anything you can Dream up.  Low Tax Rate and No HOA.  Checkout the Virtual Tour.

Last Agent to Sell the Property

KARI JANIKOWSKI

KJ Realty Group Inc. License #01923962 Listed on: 05/18/2022

Last Buyer's Agent

Rebecca Steiner

Exit Alliance Realty License #02145229

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.9 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned A-1-10

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 16
  • Assessor Parcel Number 469092018
  • $45 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.9 Acres

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Unpaved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: A-1-10
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 469092018
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1674.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 331.54
  • Room Type: All Bedrooms Down, Living Room, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Electricity Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Horse Property
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 39204.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.04
  • Tax Lot: 51
  • Tax Tract Number: 016...
  • TaxOtherAnnualAssessmentAmount: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 11, 2022
Sold by
1998 Smith Family Trust
Bought by
Garrabrant Mackane M
Seller's Agent
KARI JANIKOWSKI
KJ Realty Group Inc.
Buyer's Agent
Rebecca Steiner
Exit Alliance Realty
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Current Estimated Value
$629,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,546
Avg. Annual Appreciation
3.60%
Original Mortgage
$544,947
Outstanding Balance
$519,710
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$109,836

Purchase Details

Closed on
Dec 24, 2019
Sold by
Smith Gary Wayne and Smith Barbara Jean
Bought by
Smith Gary Wayne and Smith Barbara Jean Leitch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2019
Sold by
Smith Gary Wayne and Smith Barbara Jean
Bought by
Smith Gary Wayne and Smith Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2012
Sold by
Smith Gary Wayne and Smith Barbara Jean Leitch
Bought by
Smith Gary Wayne and Smith Barbara Jean Leitch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2005
Sold by
Beers Robert P and Beers Beverly J
Bought by
Smith Gary Wayne and Smith Barbara Jean Leitch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Garrabrant Mackane M $555,000 Ticor Title
Smith Gary Wayne -- Lawyers Title Company
Smith Gary Wayne -- Lawyers Title Oc
Smith Gary Wayne -- First American Title Company
Smith Gary Wayne -- First American Title Company
Smith Gary Wayne $430,000 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrabrant Mackane M $544,947
Previous Owner Smith Gary Wayne $207,000
Previous Owner Smith Gary Wayne $229,000
Previous Owner Smith Gary Wayne $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $555,000 -2.5% $332 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/27/2022 05/27/22 Price Changed $569,000 -5.0% $340 / Sq Ft
05/18/2022 05/18/22 For Sale $599,000 -- $358 / 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 $7,115 $577,422 $78,030 $499,392
2023 $7,115 $555,000 $75,000 $480,000
2022 $5,886 $513,899 $118,919 $394,980
2021 $5,009 $435,507 $100,778 $334,729
2020 $4,460 $388,846 $89,981 $298,865
2019 $4,320 $377,520 $87,360 $290,160
2018 $4,105 $363,000 $84,000 $279,000
2017 $3,290 $288,000 $67,000 $221,000
2016 $2,988 $258,000 $60,000 $198,000
2015 $2,631 $224,000 $52,000 $172,000
2014 $2,100 $183,000 $43,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22105177

California Regional Multiple Listing Service (CRMLS)

APN: 469-092-018

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