NOT LISTED FOR SALE

40330 Indian Tree Dr Hemet, CA 92544

Estimated Value: $689,000 - $744,000

3 Beds
2 Baths
2,398 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $570,000 $238 Per Sq Ft

About This Home

Stop and check out this custom home with attached apartment-ADU on almost an acre lot with beautiful views of the hills and Ramona Bowl. This home will boast 2,398sqft, 3 bedroom (with possible 4th) and 3bathrooms. Kitchen has breakfast nook and eat-in counter with plenty of cabinet space. Family, dining and spacious bonus room that can be used as a bedroom. Will feature a totally separate 1bed/1bath apartment with kitchen, living area and 2 car garage. In addition to all this, there is plenty of driveway for RV parking, a detached 2 car garage with custom workshop, 1 car carport, covered storage areas, a separate gated area for animals with storage shed and additional storage structures. The entire property is gated and the entry has am automatic gate. You will enjoy fabulous views of the hills and Ramona Bowl from your covered front porch and conveniently located near shopping, dining, and the Domenigoni Pkwy. Don't this spectacular home pass up with so many other features to appreciate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 22, 2022
Sold by
Mcdowell Wayne M & Billie F Trust
Bought by
Retana Brian and Garcia Alondra A
Seller's Agent
Leah Lord
Lodestone Real Estate
Buyer's Agent
Cesar Bobadilla
Sundance Realty
List Price
$573,250
Sold Price
$570,000
Premium/Discount to List
-$3,250
-0.57%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$559,675
Outstanding Balance
$531,104
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$176,942

Purchase Details

Closed on
Jul 30, 1999
Sold by
Mcdowell Wayne M and Mcdowell Billie Faye
Bought by
Mcdowell Wayne M and Mcdowell Billie Faye
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Retana Brian $570,000 Ticor Title
Mcdowell Wayne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retana Brian $559,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2025 12/27/25 Price Changed $715,000 -2.0% $298 / Sq Ft
10/30/2025 10/30/25 Price Changed $729,900 -2.6% $304 / Sq Ft
07/25/2025 07/25/25 For Sale $749,000 +31.4% $312 / Sq Ft
09/29/2022 09/29/22 Sold $570,000 +1.2% $238 / Sq Ft View Prior Sale
08/22/2022 08/22/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $563,250 -1.7% $235 / Sq Ft
07/08/2022 07/08/22 For Sale $573,250 -- $239 / Sq Ft

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 $6,526 $593,028 $78,030 $514,998
2023 $6,526 $570,000 $75,000 $495,000
2022 $2,277 $204,055 $52,285 $151,770
2021 $2,238 $200,055 $51,260 $148,795
2020 $2,212 $198,005 $50,735 $147,270
2019 $2,162 $194,124 $49,741 $144,383
2018 $2,093 $190,318 $48,766 $141,552
2017 $2,067 $186,587 $47,810 $138,777
2016 $2,050 $182,929 $46,873 $136,056
2015 $2,043 $180,183 $46,170 $134,013
2014 $1,949 $176,655 $45,266 $131,389
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Your Personal Tour Guide

Ask me questions while you tour the home.