NOT LISTED FOR SALE

40702 Shellie Ln Hemet, CA 92544

Estimated Value: $568,000 - $654,877

8 Beds
4 Baths
2,102 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $620,000 $295 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,706/month

4 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Bathtub
  • Maid or Guest Quarters
  • No HOA
  • Walk-In Closet

About This Home

As of October 2023

THREE HOMES ON ONE LOT! APPRAISAL in hand! This unique property in Hemet, California offers a rare opportunity with three separate homes on one expansive lot. The lot itself is over 16,000 square feet and is fully gated, providing security and privacy. The main home features four bedrooms and two bathrooms, with tile flooring throughout. The open concept living area and kitchen create a seamless flow, ideal for hosting gatherings and entertaining. Attached to the main house is a generously sized apartment with its own full kitchen, living and dining area, a spacious bedroom, and another full bathroom. This additional living space offers versatility and can be used as a guest suite, in-law quarters, or even rented out for extra income. The third home on the property is completely separate from the other two and features three bedrooms, one bathroom, and a beautiful kitchen and dining/living room. This home is ALREADY generating rental income, offering an attractive investment opportunity! In addition to the three homes, the lot provides ample space for parking and outdoor entertaining. Whether you have multiple vehicles or enjoy hosting outdoor events, this property offers the space you need. Overall, this centrally located property in Hemet provides an amazing opportunity with three distinct homes on one large lot. The flexibility and rental income potential make it an attractive option for a variety of buyers. Don't miss out on seeing this unique property for yourself!

Last Agent to Sell the Property

Javier Rodriguez Jr.

EXP REALTY OF SOUTHERN CA. INC License #01997717 Listed on: 08/13/2023

EXP REALTY OF SOUTHERN CA. INC

Last Buyer's Agent

Javier Rodriguez Jr.

EXP REALTY OF SOUTHERN CA. INC License #01997717 Listed on: 08/13/2023

EXP REALTY OF SOUTHERN CA. INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.37 Acre Lot
  • Wrought Iron Fence
  • Privacy Fence
  • Front Yard

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,102 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Main Level Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Additional Features

  • Slab Porch or Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Legal Lot and Block 1 / 205
  • Assessor Parcel Number 447290071
  • $2,482 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Gravel
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 447290071
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2102.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, In-Law Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 8
  • Price Per Square Foot: 294.96
  • Room Type: Guest/Maid's Quarters, Primary Bathroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Privacy, Wrought Iron
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • 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: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16117.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 205
  • Tax Census Tract: 433.13
  • Tax Lot: 1
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 2482.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Rojas Property Investments Llc
Bought by
Lopez Christopher Rnbert and Gonzales Dominique Marie
Current Estimated Value
$595,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,770
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2023
Sold by
Nuno Samuel Joe
Bought by
Rojas Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,009
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2014
Sold by
Hoot International Llc
Bought by
Nuno Samuel Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 12, 2013
Sold by
Jordan Barbara Louise and Kay Christine Janice
Bought by
Hoot International Llc and Global Trading Services
Seller's Agent
Sonya Feigen
Vogler Feigen Realty
Buyer's Agent
Sonya Feigen
Vogler Feigen Realty
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 12, 2012
Sold by
The Bank Of New York Mellon
Bought by
Jordan Barbara Louise and Kay Christine Janice
Seller's Agent
Sonya Feigen
Vogler Feigen Realty
Buyer's Agent
Sonya Feigen
Vogler Feigen Realty
List Price
$84,900
Sold Price
$84,000
Premium/Discount to List
-$900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Rivera Homero
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 17, 2005
Sold by
Coronado Rosa
Bought by
Rivera Homero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 18, 2002
Sold by
Rodriguez Ronald Travis and Rodriguez Juana
Bought by
Rodriguez Rosa and Rosa Rodriguez Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Christopher Rnbert $620,000 Orange Coast Title
Rojas Property Investments Llc $370,000 Orange Coast Title
Nuno Samuel Joe $240,500 Orange Coast Title
Hoot International Llc $105,000 Orange Coast Ttle
Jordan Barbara Louise $84,000 Landsafe Title
The Bank Of New York Mellon $90,000 Landsafe Title
Rivera Homero $350,000 Lawyers Title Co
Rodriguez Rosa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Christopher Rnbert $608,770
Previous Owner Rojas Property Investments Llc $411,009
Previous Owner Nuno Samuel Joe $235,653
Previous Owner Rivera Homero $279,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $620,000 +0.8% $295 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $615,000 +151.0% $293 / Sq Ft
05/22/2014 05/22/14 Sold $245,000 -5.4% $96 / Sq Ft View Prior Sale
02/18/2014 02/18/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $259,000 +146.7% $101 / Sq Ft
09/01/2013 09/01/13 Sold $105,000 -16.0% $61 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $125,000 +48.8% $73 / Sq Ft
07/12/2012 07/12/12 Sold $84,000 -1.1% $49 / Sq Ft View Prior Sale
06/01/2012 06/01/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $84,900 -- $49 / 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 $7,045 $632,400 $107,100 $525,300
2023 $7,045 $283,363 $70,689 $212,674
2022 $5,640 $277,807 $69,303 $208,504
2021 $5,195 $272,361 $67,945 $204,416
2020 $5,112 $269,569 $67,249 $202,320
2019 $5,044 $264,284 $65,931 $198,353
2018 $5,608 $259,103 $64,639 $194,464
2017 $5,420 $254,023 $63,372 $190,651
2016 $2,895 $249,043 $62,130 $186,913
2015 $2,887 $245,304 $61,198 $184,106
2014 $1,339 $105,000 $25,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23150683

California Regional Multiple Listing Service (CRMLS)

APN: 447-290-071