NOT LISTED FOR SALE

40691 Malibar Ave Hemet, CA 92544

Estimated Value: $450,000 - $474,000

4 Beds
2 Baths
1,597 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $233,000 $146 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,712/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Level Lot
  • No HOA
  • Central Air

About This Home

As of January 2017

Tired of looking at houses that are not move-in ready? Look no further!!! This 4 bedroom, 2 bath single level home boasts nearly 1,600 square feet of living space, a brick fireplace in the living, new paint, new carpet and tons of light and bright living space! The kitchen is light and airy and features white cabinets, white tile counters, tile floors and white appliances. The bathrooms also have tile floors. This is a flag lot which gives you tons of space in the both the front yard and back yard for entertaining, for kids playing, family/friend gatherings, etc. Located close to the high school, Ramona Bowl and shopping off both Stetson and Florida ave. Come take a look before this home is gone!

Last Agent to Sell the Property

Jason Harper

Harper Home Company License #01295882 Listed on: 11/30/2016

Last Buyer's Agent

Hector Gutierrez

Keller Williams, The Lakes License #01995858

Keller Williams, The Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,047

Year Built

  • Built in 1987

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,597 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 10081
  • Assessor Parcel Number 447222063

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,047

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 447222063
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1597.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 145.90
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 11761.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 10081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Dec 15, 2016
Sold by
Freo California Llc
Bought by
Martinez Fernando and Villalobos Joel
Seller's Agent
Jason Harper
Harper Home Company
Buyer's Agent
Hector Gutierrez
Keller Williams, The Lakes
List Price
$229,900
Sold Price
$233,000
Premium/Discount to List
$3,100
1.35%
Current Estimated Value
$464,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,949
Avg. Annual Appreciation
8.22%
Original Mortgage
$226,010
Outstanding Balance
$186,012
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$278,937

Purchase Details

Listed on
Jun 22, 2012
Closed on
Dec 4, 2012
Sold by
Mcmanus Ronald I
Bought by
Storm Mcmanus Carol J
Seller's Agent
Hazel Rucker
Vogler Feigen Realty
Buyer's Agent
Bryan Auer
eXp Realty of California, Inc.
List Price
$80,000
Sold Price
$111,000
Premium/Discount to List
$31,000
38.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%

Purchase Details

Listed on
Jun 22, 2012
Closed on
Nov 30, 2012
Sold by
Storm Mcmanus J Carol
Bought by
Freo California Llc
Seller's Agent
Hazel Rucker
Vogler Feigen Realty
Buyer's Agent
Bryan Auer
eXp Realty of California, Inc.
List Price
$80,000
Sold Price
$111,000
Premium/Discount to List
$31,000
38.75%

Purchase Details

Closed on
Aug 20, 2009
Sold by
Storm J Carol
Bought by
Storm Mcmanus J Carol and Ventura Catherine E

Purchase Details

Closed on
Nov 10, 2006
Sold by
Storm J Carol
Bought by
Storm J Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Balusu Subbarao and Balusu Vasundara
Bought by
Storm Robert L and Carol Storm J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
6.83%

Purchase Details

Closed on
Jan 1, 2002
Sold by
Balusu Pratap and Balusu Chandra
Bought by
Balusu Subbarao and Balusu Vasundara
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
Martinez Fernando $233,000 Fidelity National Title Co
Storm Mcmanus Carol J -- Landwood Title
Freo California Llc $111,000 Landwood Title
Storm Mcmanus J Carol -- None Available
Storm J Carol -- Commonwealth Land Title Co
Storm Robert L $138,000 Orange Coast Title
Balusu Subbarao -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Fernando $226,010
Previous Owner Storm J Carol $231,000
Previous Owner Storm Robert L $117,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2017 01/27/17 Sold $233,000 +1.3% $146 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $229,900 0.0% $144 / Sq Ft
09/30/2014 09/30/14 Rented $1,195 0.0% --
09/30/2014 09/30/14 For Rent $1,195 +3.9% --
05/22/2013 05/22/13 Rented $1,150 -14.8% --
05/22/2013 05/22/13 Under Contract -- -- --
01/13/2013 01/13/13 For Rent $1,350 0.0% --
12/06/2012 12/06/12 Sold $111,000 +0.9% $70 / Sq Ft View Prior Sale
09/30/2012 09/30/12 Pending -- -- --
09/27/2012 09/27/12 Price Changed $110,000 +37.5% $69 / Sq Ft
06/22/2012 06/22/12 For Sale $80,000 -- $50 / 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 $3,047 $270,411 $34,815 $235,596
2023 $3,047 $259,913 $33,464 $226,449
2022 $2,948 $254,817 $32,808 $222,009
2021 $2,899 $249,821 $32,165 $217,656
2020 $2,865 $247,261 $31,836 $215,425
2019 $2,802 $242,413 $31,212 $211,201
2018 $2,715 $237,660 $30,600 $207,060
2017 $1,384 $117,770 $21,217 $96,553
2016 $1,374 $115,461 $20,801 $94,660
2015 $1,371 $113,729 $20,490 $93,239
2014 $1,310 $111,503 $20,090 $91,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16754994

California Regional Multiple Listing Service (CRMLS)

APN: 447-222-063