NOT LISTED FOR SALE

40781 Gibbel Rd Hemet, CA 92544

Estimated Value: $465,000 - $500,467

2 Beds
2 Baths
1,247 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $420,000 $337 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,944/month

98 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Covered Patio or Porch
  • View of Trees or Woods
  • No HOA
  • Oversized Parking

About This Home

As of March 2022

Adorable and Affordable! This little farm house tucked quietly in the hills of Hemet valley is the perfect combination of rural beauty and modern upgrades. This home has been overhauled to modernize its essential systems but retain its charm with new dual pane windows, plumbing, flooring, paint (both inside and out),remodeled kitchen, master bathroom addition featuring a bowl sink vanity and oversized walk in shower, barn doors, new luxury vinyl plank floors and much more! Outside this fully fenced 1.6 acre lot features a new gravel driveway with ample room for parking and storage, new vinyl fencing, storage barn on concrete slab, animal barn, wash station, chicken coop, natural stone inlays, established oak trees, garden boxes, alumawood patio cover and sitting area for spending mornings or evenings enjoying the tranquility of your very own piece of heaven. Secondary pad with gate access. Appliances included! Don't wait this gem will not last!

Last Agent to Sell the Property

Jarred Hanson

BRIX Realty License #01791663 Listed on: 11/18/2021

Last Buyer's Agent

Michelle Virgo

eXp Realty of California, Inc. License #01787946

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,995

Year Built

  • Built in 1924

Lot Details

  • 1.6 Acre Lot
  • Rural Setting
  • Vinyl Fence
  • Livestock Fence
  • Rectangular Lot
  • Front Yard
  • Property is zoned R-A-1

Property Views

  • Woods
  • Hills
  • Rock

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,247 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Oversized Parking
  • Parking Available
  • Gravel Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0710
  • Tax Tract Number 43
  • Assessor Parcel Number 454120018
  • $58 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,995

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: R-A-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 454120018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1247.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 336.81
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • View: Hills, Rocks, Trees/Woods
  • Fence: Yes
  • Fencing: Livestock, Vinyl
  • Patio And Porch Features: Covered, Patio, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel, Gated, Oversized

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 69696.00
  • Lot Size Acres: 1.6000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 69696.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.04
  • Tax Lot: 0710
  • Tax Tract Number: 043...
  • TaxOtherAnnualAssessmentAmount: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 4, 2022
Sold by
Francisco Newton Robert and Francisco Jessica
Bought by
Eyre Joshua
Seller's Agent
Jarred Hanson
BRIX Realty
Buyer's Agent
Michelle Virgo
eXp Realty of California, Inc.
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%
Current Estimated Value
$480,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,617
Avg. Annual Appreciation
3.83%
Original Mortgage
$336,000
Outstanding Balance
$313,361
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$167,256

Purchase Details

Closed on
Sep 18, 2016
Sold by
Newton Robert Francisco and Ernstberger Jessica Ann
Bought by
Newton Robert Francisco and Newton Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2015
Closed on
Feb 27, 2015
Sold by
Houck Lonny J
Bought by
Newton Robert Francisco and Ernstberger Jessica Ann
Seller's Agent
Daniel Vasquez
Platinum Real Estate
Buyer's Agent
Justin Caudillo
HomeSmart Realty West
List Price
$210,000
Sold Price
$217,000
Premium/Discount to List
$7,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$213,069
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2009
Sold by
Federal National Mortgage Association
Bought by
Houck Lonny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,227
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2008
Sold by
Flaherty Timothy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 3, 2006
Sold by
Barbato Terrie
Bought by
Flaherty Timothy and Flaherty Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2002
Sold by
Barbato Terrie
Bought by
Flaherty Tim and Barbato Terrie

Purchase Details

Closed on
Sep 27, 2001
Sold by
Brissette Frances J
Bought by
Barbato Terrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Eyre Joshua $420,000 None Listed On Document
Newton Robert Francisco -- First American Title Company
Newton Robert Francisco $217,000 First American Title Company
Houck Lonny J $97,000 Lawyers Title Company
Federal National Mortgage Association $221,569 None Available
Flaherty Timothy -- Alliance Title Company
Flaherty Tim -- --
Barbato Terrie $75,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eyre Joshua $336,000
Previous Owner Newton Robert Francisco $180,000
Previous Owner Newton Robert Francisco $213,069
Previous Owner Houck Lonny J $129,227
Previous Owner Flaherty Timothy $270,000
Previous Owner Barbato Terrie $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $420,000 +2.4% $337 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $410,000 -2.4% $329 / Sq Ft
01/15/2022 01/15/22 Off Market $420,000 -- --
01/13/2022 01/13/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $410,000 +88.9% $329 / Sq Ft
04/10/2015 04/10/15 Sold $217,000 +3.3% $174 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $210,000 -- $168 / 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 $4,995 $445,706 $79,590 $366,116
2023 $4,995 $428,400 $76,500 $351,900
2022 $2,852 $245,752 $90,597 $155,155
2021 $2,805 $240,934 $88,821 $152,113
2020 $2,766 $238,465 $87,911 $150,554
2019 $2,706 $233,790 $86,188 $147,602
2018 $2,622 $229,207 $84,500 $144,707
2017 $2,591 $224,714 $82,844 $141,870
2016 $2,572 $220,309 $81,220 $139,089
2015 $1,178 $103,924 $64,285 $39,639
2014 $1,124 $101,890 $63,027 $38,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21251717

California Regional Multiple Listing Service (CRMLS)

APN: 454-120-018