NOT LISTED FOR SALE

40525 Gibbel Rd Hemet, CA 92544

Estimated Value: $581,000 - $623,000

4 Beds
2 Baths
1,716 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $355,000 $207 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,543/month

21 Days on Market

Highlights

  • Parking available for a boat
  • Solar Power System
  • View of Hills
  • Barn
  • 213,008 Sq Ft lot
  • No HOA

About This Home

As of June 2018

Home on 5 acres with several very large unique barns and out buildings. The long barn is 90' long and the main barn is approx 1500 sq’. There are several other outbuildings located throughout the property. The water is supplied by a natural spring and there are holding tanks and a holding pond that is approx 30000 gallons. City water is also at the property for additional water. Very private with lots of usable space, many mature fruit trees, oaks, eucalyptus and olive trees spread out around the land. The home has solar and a full basement. There are many possible uses for this special property. Call today to make an appointment to view this property.

Last Agent to Sell the Property

Dale Machen

Holly Cate, Broker License #01258166 Listed on: 03/07/2018

Holly Cate, Broker

Last Buyer's Agent

Lynn Wiley

Feigen Realty Group License #01371783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1948

Lot Details

  • 4.89 Acre Lot
  • Rural Setting
  • Property is zoned R-A-1

Home Design

  • Additions or Alterations

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Parking Available
  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Evaporated cooling system
  • Air Source Heat Pump
  • Propane
  • Septic Type Unknown

Additional Features

  • Solar Power System
  • Outbuilding
  • Barn

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Tract Number 56000
  • Assessor Parcel Number 454120063

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,598

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-A-1
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 454120063
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1716.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 206.88
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Barn(s), Outbuilding
  • View: Hills
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Boat, Carport, RV Access/Parking

Utilities

  • Utilities: Propane
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Septic Type Unknown
  • Water Source: Other, Public
  • Cooling: Evaporative Cooling, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 213008.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.04
  • Tax Lot: 00
  • Tax Tract Number: 56000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 31, 2018
Sold by
Garrett Ursula D
Bought by
Garrett Scott G
Seller's Agent
Dale Machen
Holly Cate, Broker
Buyer's Agent
Lynn Wiley
Feigen Realty Group
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Current Estimated Value
$600,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,870
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Apr 3, 2018
Sold by
Johannsen Gerald Lance and Johannsen Susan D
Bought by
Garrett Scott G

Purchase Details

Closed on
May 25, 2004
Sold by
Johannsen Gerald Lance and Johannsen Susan D
Bought by
Johannsen Gerald Lance and Johannsen Susan D

Purchase Details

Closed on
Feb 1, 2002
Sold by
Johannsen Gerald Lance
Bought by
Johannsen Gerald Lance and Johannsen Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2000
Sold by
Johannsen Gerald L and Johannsen Karen L
Bought by
Johannsen Gerald Lance

Purchase Details

Closed on
Nov 11, 1997
Sold by
Johannsen Earl F and Johannsen Harriette Harriette
Bought by
Johannsen Gerald Lance
Source: Public Records

Range of Values:

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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
Garrett Scott G -- Fidelity National Title
Garrett Scott G $355,000 Fidelity National Title
Johannsen Gerald Lance -- --
Johannsen Gerald Lance -- --
Johannsen Gerald Lance -- Chicago Title Co
Johannsen Gerald Lance -- --
Johannsen Gerald Lance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johannsen Gerald Lance $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $355,000 -1.4% $207 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $360,000 -- $210 / 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 $4,598 $403,923 $80,784 $323,139
2023 $4,598 $388,240 $77,648 $310,592
2022 $4,451 $380,628 $76,126 $304,502
2021 $4,379 $373,166 $74,634 $298,532
2020 $4,318 $369,340 $73,869 $295,471
2019 $4,225 $362,099 $72,421 $289,678
2018 $1,365 $110,892 $35,323 $75,569
2017 $1,350 $108,719 $34,631 $74,088
2016 $1,341 $106,588 $33,952 $72,636
2015 $1,337 $104,989 $33,443 $71,546
2014 $1,281 $102,935 $32,789 $70,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18053839

California Regional Multiple Listing Service (CRMLS)

APN: 454-120-063