NOT LISTED FOR SALE

40820 Malibar Ave Hemet, CA 92544

East Hemet Area

Estimated Value: $417,000 - $459,000

4 Beds
2 Baths
1,502 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2022

Last sale price $400,000 $266 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,791 / mo

11 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • No HOA
  • Craftsman Architecture
  • Granite Countertops
  • Neighborhood Views

About This Home

As of October 2022

Priced to sell! Do not miss this adorable 4 bedroom single family home here in the heart of Hemet! Boasting a great layout through out the house plus the huge lot in the back and the half-circle roundabout driveway in the front of the house, truly the kind of house that most families want with a move-in condition! Don't hesitate and come check it out yourself and turn it into your dream home with your own imaginations!

Last Agent to Sell the Property

Freeman Wang

Real Brokerage Technologies License #01966395 Listed on: 09/08/2022

Real Brokerage Technologies

Last Buyer's Agent

Antonio Rios

Re/Max Diamond Prestige License #00478829

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot
  • Vinyl Fence
  • Wood Fence
  • Rectangular Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Cottage
  • Turnkey
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Screens
  • Family Room with Fireplace
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Concrete Porch or Patio

Schools

  • Ramona Elementary School
  • Arcadia Middle School
  • Hemet High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3046
  • Assessor Parcel Number 447241012

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Cottage, Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 447241012
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1502.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 266.31
  • Room Type: All Bedrooms Down
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Ramona
  • High School: Hemet
  • Middle Or Junior School: Arcadia
  • Elementary School #2: RAMONA
  • High School2: HEMET

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 3046

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 11, 2022
Sold by
Bought by
Seller's Agent
Freeman Wang
Real Brokerage Technologies
Buyer's Agent
Antonio Rios
Re/Max Diamond Prestige
List Price
$399,700
Sold Price
$400,000
Premium/Discount to List
$300
0.08%
Views
15
Current Estimated Value
$436,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,518
Avg. Annual Appreciation
2.30%
Original Mortgage
$392,755
Outstanding Balance
$374,380
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$62,138

Purchase Details

Closed on
Jul 28, 2022
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,011
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 29, 2017
Sold by
Bought by
Seller's Agent
Cathy Bates
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Jennypher Moore
Team Forss Realty Group
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$224,460
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hemet, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 --
-- None Listed On Document
$341,500 First American Title
$229,000 Chicago Title Company
-- None Available
$70,500 Ticor Title
$193,759 Servicelink
$230,000 Stewart Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $392,755
Previous Owner $306,011
Previous Owner $281,800
Previous Owner $248,000
Previous Owner $236,828
Previous Owner $235,719
Previous Owner $224,460
Previous Owner $135,000
Previous Owner $184,000
Previous Owner $51,925
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2022 10/19/22 Sold $400,000 +0.1% $266 / Sq Ft
09/08/2022 09/08/22 For Sale $399,700 +74.5% $266 / Sq Ft
12/13/2017 12/13/17 Sold $229,000 -4.6% $152 / Sq Ft View Prior Sale
11/08/2017 11/08/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $240,000 +2.1% $160 / Sq Ft
10/30/2017 10/30/17 Price Changed $235,000 -1.7% $156 / Sq Ft
10/20/2017 10/20/17 For Sale $239,000 +239.0% $159 / Sq Ft
08/03/2012 08/03/12 Sold $70,500 0.0% $47 / Sq Ft View Prior Sale
01/09/2012 01/09/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $70,500 -- $47 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,753 $424,482 $31,836 $392,646
2025 $4,661 $416,160 $31,212 $384,948
2023 $4,661 $400,000 $30,000 $370,000
2022 $2,843 $245,531 $32,165 $213,366
2021 $2,796 $240,718 $31,535 $209,183
2020 $2,763 $238,251 $31,212 $207,039
2019 $2,702 $233,580 $30,600 $202,980
2018 $2,618 $229,000 $30,000 $199,000
2017 $917 $76,292 $21,642 $54,650
2016 $911 $74,797 $21,218 $53,579
2015 $908 $73,675 $20,900 $52,775
2014 $869 $72,235 $20,492 $51,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22196355

California Regional Multiple Listing Service (CRMLS)

APN: 447-241-012

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