NOT LISTED FOR SALE

40431 Melrose Ave Hemet, CA 92544

Estimated Value: $420,000 - $452,361

4 Beds
2 Baths
1,265 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 29, 2023

Last sale price $420,000 $332 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,779/month

54 Days on Market

Highlights

  • Private Pool
  • Neighborhood Views
  • Bathtub with Shower
  • No HOA
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2023

Charming Home is located in a wonderful location. **Bonus Room**4 Bed and 2 Baths. Bright open Livingroom features a wonderful brick Fireplace. Crown molding and upgraded flooring throughout home. Located on a great size lot with a **POOL**Perfect for entertaining. Property is being sold as is condition. Back on the market due to Buyers not performing. Pending current cancellation.

Last Agent to Sell the Property

Adan Aguilar

RE/MAX FREEDOM License #02072864 Listed on: 05/05/2023

RE/MAX FREEDOM

Last Buyer's Agent

Bryan Reyes

Circle Real Estate License #02144795

Circle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Private Pool
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2093
  • Assessor Parcel Number 445323005
  • $52 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,797

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 626-715-8188
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 445323005
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1265.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 332.02
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.08
  • Tax Lot: 5
  • Tax Tract Number: 2093
  • TaxOtherAnnualAssessmentAmount: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 20, 2023
Sold by
Gallardo Rosendo
Bought by
Gallardo Guillermina
Seller's Agent
Adan Aguilar
RE/MAX FREEDOM
Buyer's Agent
Bryan Reyes
Circle Real Estate
List Price
$405,000
Sold Price
$420,000
Premium/Discount to List
$15,000
3.7%
Views
306
Current Estimated Value
$436,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,590
Avg. Annual Appreciation
0.41%
Original Mortgage
$412,392
Outstanding Balance
$403,194
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$20,344

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 7, 2023
Sold by
Figueroa John C
Bought by
Navarro Erika Beatriz Gall and Ramirez Jose Antonio
Seller's Agent
Adan Aguilar
RE/MAX FREEDOM
Buyer's Agent
Bryan Reyes
Circle Real Estate
List Price
$405,000
Sold Price
$420,000
Premium/Discount to List
$15,000
3.7%
Views
306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Outstanding Balance
$403,194
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$20,344

Purchase Details

Closed on
Jun 17, 2009
Sold by
Figueroa Patricia
Bought by
Figueroa John C

Purchase Details

Closed on
Jun 8, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Figueroa John C

Purchase Details

Closed on
Feb 5, 2009
Sold by
Belmontes Eduardo
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
May 25, 2005
Sold by
Mota Salvador and Belmontes Eduardo
Bought by
Belmontes Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Mota Salvador and Belmontes Eduardo
Bought by
Belmontes Eduardo

Purchase Details

Closed on
Oct 10, 2003
Sold by
Zapien Juan Antonio
Bought by
Mota Salvador and Belmontes Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,027
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2003
Sold by
Zapien Luz
Bought by
Zapien Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Alvarado Richard L and Alvarado Marybeth S
Bought by
Zapien Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2000
Sold by
Riesland Douglas H and Riesland Judith
Bought by
Alvarado Richard L and Alvarado Marybeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Riesland Douglas H and Riesland Judith

Purchase Details

Closed on
Dec 3, 1997
Sold by
Alan Windh Garry and Alan Elaine Barbara
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 26, 1996
Sold by
Elaine Windh Barbara
Bought by
Windh Gary Alan
Source: Public Records

Range of Values:

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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
Gallardo Guillermina -- Socal Title Company
Navarro Erika Beatriz Gall $420,000 Socal Title Company
Figueroa John C -- First American Title Company
Figueroa John C $80,000 First American Title Company
Deutsche Bank Trust Company Americas $55,221 None Available
Belmontes Eduardo -- Southland Title
Belmontes Eduardo -- --
Mota Salvador $186,000 First American Title Co
Zapien Juan Antonio -- First American Title
Zapien Juan Antonio $155,000 First American Title
Alvarado Richard L $95,000 Stewart Title Company
Riesland Douglas H $54,000 Stewart Title
Federal Home Loan Mortgage Corporation $60,000 First Southwestern Title Co
Windh Gary Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallardo Guillermina $412,392
Previous Owner Belmontes Eduardo $220,000
Previous Owner Mota Salvador $183,027
Previous Owner Zapien Juan Antonio $139,500
Previous Owner Alvarado Richard L $112,946
Previous Owner Alvarado Richard L $112,665
Previous Owner Alvarado Richard L $17,394
Previous Owner Alvarado Richard L $90,250
Closed Mota Salvador $10,000
Closed Belmontes Eduardo $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2023 07/29/23 Sold $420,000 +3.7% $332 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $405,000 0.0% $320 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $405,000 -- $320 / 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 $4,797 $428,400 $30,600 $397,800
2023 $4,797 $99,001 $24,747 $74,254
2022 $1,155 $97,061 $24,262 $72,799
2021 $1,136 $95,159 $23,787 $71,372
2020 $1,127 $94,185 $23,544 $70,641
2019 $1,103 $92,339 $23,083 $69,256
2018 $1,070 $90,530 $22,631 $67,899
2017 $1,057 $88,756 $22,188 $66,568
2016 $1,050 $87,016 $21,753 $65,263
2015 $1,047 $85,711 $21,427 $64,284
2014 $1,001 $84,034 $21,008 $63,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD23077628

California Regional Multiple Listing Service (CRMLS)

APN: 445-323-005