NOT LISTED FOR SALE

40351 Melrose Ave Hemet, CA 92544

Estimated Value: $407,000 - $491,000

3 Beds
3 Baths
1,863 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 40351 Melrose Ave, Hemet, CA 92544 and is currently estimated at $448,010, approximately $240 per square foot. 40351 Melrose Ave is a home located in Riverside County with nearby schools including Jacob Wiens Elementary School, Acacia Middle School, and West Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2015
Sold by
Alcantar Fabian
Bought by
Alcantar Fabian and Alcantar Bertha
Current Estimated Value
$448,010

Purchase Details

Closed on
Aug 15, 2012
Sold by
Lopez Jorge
Bought by
Alcantar Fabian

Purchase Details

Closed on
Feb 2, 2009
Sold by
Lane Margaret D
Bought by
Lopez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2007
Sold by
Lane Margaret Drew
Bought by
The Revocable Trust Of Margaret D Lane
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Alcantar Fabian -- None Available
Alcantar Fabian -- None Available
Lopez Jorge $115,000 First American Title Company
The Revocable Trust Of Margaret D Lane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jorge $92,000
Source: Public Records

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 $2,514 $222,334 $24,031 $198,303
2023 $2,514 $213,702 $23,099 $190,603
2022 $2,433 $209,513 $22,647 $186,866
2021 $2,393 $205,405 $22,203 $183,202
2020 $2,366 $203,300 $21,976 $181,324
2019 $2,314 $199,315 $21,546 $177,769
2018 $2,243 $195,408 $21,125 $174,283
2017 $2,216 $191,577 $20,711 $170,866
2016 $2,200 $187,821 $20,305 $167,516
2015 $1,399 $123,214 $21,427 $101,787
2014 $1,336 $120,802 $21,008 $99,794
Source: Public Records

Map

California Riverside County Hemet 92544

40351 Melrose Ave, Hemet, CA

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