NOT LISTED FOR SALE

40512 Melrose Ave Hemet, CA 92544

Estimated Value: $331,000 - $392,000

3 Beds
1 Bath
984 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 40512 Melrose Ave, Hemet, CA 92544 and is currently estimated at $353,307, approximately $359 per square foot. 40512 Melrose Ave is a home located in Riverside County with nearby schools including Ramona Elementary School, Acacia Middle School, and Hemet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bustamante Victoria C
Bought by
Morales George Luis and Morales Norma A
Current Estimated Value
$353,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,582
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2000
Sold by
Duran Rodrigo
Bought by
Bustamante Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,582
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1998
Sold by
Gonzalez Alberto and Bustamante Victoria C
Bought by
Duran Rodrigo

Purchase Details

Closed on
Dec 14, 1996
Sold by
Castaneda Roberto
Bought by
Castaneda Aurora

Purchase Details

Closed on
Nov 6, 1996
Sold by
Gonzalez Alberto and Bustamante Victoria C
Bought by
Castaneda Roberto and Castaneda Aurora

Purchase Details

Closed on
Aug 17, 1995
Sold by
Swant James and Swant Lillian
Bought by
Gonzalez Alberto and Bustamante Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,953
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 1994
Sold by
Swant James W and Swant Lillian
Bought by
Swant James and Swant Lillian
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Morales George Luis $65,000 Lawyers Title Company
Bustamante Victoria C -- Lawyers Title Company
Duran Rodrigo -- --
Castaneda Aurora -- --
Castaneda Roberto -- --
Gonzalez Alberto $57,000 Continental Lawyers Title Co
Swant James -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales George Luis $250,000
Closed Morales George Luis $220,550
Closed Morales George Luis $228,000
Closed Morales George Luis $34,450
Closed Morales George Luis $22,879
Closed Morales George Luis $155,295
Closed Morales George Luis $98,700
Closed Morales George Luis $64,582
Previous Owner Gonzalez Alberto $56,953
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 $1,158 $99,869 $38,406 $61,463
2023 $1,158 $95,992 $36,915 $59,077
2022 $1,121 $94,111 $36,192 $57,919
2021 $1,103 $92,267 $35,483 $56,784
2020 $1,094 $91,322 $35,120 $56,202
2019 $1,071 $89,532 $34,432 $55,100
2018 $1,039 $87,777 $33,758 $54,019
2017 $1,027 $86,057 $33,097 $52,960
2016 $1,020 $84,371 $32,449 $51,922
2015 $1,017 $83,105 $31,962 $51,143
2014 $973 $81,480 $31,337 $50,143
Source: Public Records

Map

California Riverside County Hemet 92544

40512 Melrose Ave, Hemet, CA

This home is located at 40512 Melrose Ave, Hemet, CA 92544 and is currently estimated at $353,307, approximately $359 per square foot. 40512 Melrose Ave is a home located in Riverside County with nearby schools including Ramona Elementary School, Acacia Middle School, and Hemet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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