NOT LISTED FOR SALE

40525 Melrose Ave Hemet, CA 92544

Estimated Value: $425,000 - $464,000

4 Beds
2 Baths
1,713 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $220,000 $128 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,615/month

127 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Evaporated cooling system
  • City Lights View
  • No HOA
  • Living Room

About This Home

As of March 2017

The property will be available to show 12/26/2016
This four bedroom has New Tile, New Carpet, New Paint, New Stove and Oven, Garbage Disposal and some new lighting fixtures. Features separate Family room with Fireplace and Living Room, sprinklers in front and Back with automatic timers.

Last Agent to Sell the Property

Tony Vaccarino

Ameriwest Real Estate & Develo License #01209400 Listed on: 10/07/2016

Last Buyer's Agent

Lorena Loucel

Horizon Premier Realty License #02005376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 79' x 102'
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Interior Spaces

  • 1,713 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • City Lights Views
  • Built-In Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 71078
  • Assessor Parcel Number 445313031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,801

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 445313031
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1713.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 128.43
  • Room Type: All Bedrooms Down, Family Room, Living Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • 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: Landscaped, Lawn, Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 79' x 102'
  • 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 In Community: 200

Tax Info

  • Tax Census Tract: 433.08
  • Tax Lot: 31
  • Tax Tract Number: 071078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Feb 21, 2017
Sold by
Donnell Wendy O
Bought by
Sajama Omar J and Sajama Carrie T
Seller's Agent
Tony Vaccarino
Ameriwest Real Estate & Develo
Buyer's Agent
Lorena Loucel
Horizon Premier Realty
List Price
$195,000
Sold Price
$220,000
Premium/Discount to List
$25,000
12.82%
Current Estimated Value
$437,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,210
Avg. Annual Appreciation
8.50%
Original Mortgage
$216,015
Outstanding Balance
$179,461
Interest Rate
4.15%
Mortgage Type
FHA
Estimated Equity
$257,749

Purchase Details

Closed on
Apr 26, 2000
Sold by
Robert Harrison and Penny Harrison Penny
Bought by
Odonnell Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,509
Interest Rate
8.27%
Mortgage Type
FHA
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
Sajama Omar J $220,000 Orange Coast Title Co
Odonnell Wendy $61,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sajama Omar J $59,093
Open Sajama Omar J $216,015
Previous Owner Odonnell Wendy $59,509
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $220,000 +4.8% $128 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
12/20/2016 12/20/16 Price Changed $210,000 +2.4% $123 / Sq Ft
11/10/2016 11/10/16 Price Changed $205,000 +900.0% $120 / Sq Ft
11/10/2016 11/10/16 Price Changed $20,500 -89.5% $12 / Sq Ft
10/07/2016 10/07/16 For Sale $195,000 -- $114 / 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 $2,801 $255,322 $34,815 $220,507
2023 $2,801 $245,410 $33,464 $211,946
2022 $2,707 $240,599 $32,808 $207,791
2021 $2,661 $235,882 $32,165 $203,717
2020 $2,629 $233,465 $31,836 $201,629
2019 $2,570 $228,888 $31,212 $197,676
2018 $2,489 $224,400 $30,600 $193,800
2017 $967 $80,760 $33,096 $47,664
2016 $961 $79,178 $32,448 $46,730
2015 $958 $77,990 $31,961 $46,029
2014 $1,302 $76,464 $31,336 $45,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16721075

California Regional Multiple Listing Service (CRMLS)

APN: 445-313-031