NOT LISTED FOR SALE

40920 Gibbel Rd Hemet, CA 92544

Estimated Value: $793,000 - $1,056,000

5 Beds
5 Baths
3,165 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $585,000 $185 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,532/month

49 Days on Market

Highlights

  • Detached Guest House
  • Gated Parking
  • Canyon View
  • Horse Property
  • Updated Kitchen
  • Wood Burning Stove

About This Home

As of September 2018

Come out to Avery Canyon to see this Truly Unique property. The property is made up of 2.12 acres, and sports 2 homes, with enough room to build another House. The property is zoned R-2 so it’s all legal. The two existing Homes are Very tastefully done, and will appeal to even the pickiest of Buyers. There is an Oak Tree that is in the Riverside County register as one of the oldest trees in the County, that is Literally between the two homes, also documented is a Medicine Man Den in the back yard, it is perched in the hillside made up of huge boulders just a few yards from the homes, add to that, The Street is Lined with Dozens of Mature Olive Trees. The grounds are inspiring, Look in any direction and you will get an eyeful of grandeur. One of the homes has 2 bedrooms, and 2 full baths, Granite Kitchen, and new cabinets, can be a private rental, or would work wonderfully in a multi generational situation. The Main house has 3 bedrooms, and 3 Bathrooms, a Beautiful Kitchen with New Cabinets, New Appliances, and Granite counter tops as well as a Large Island for gathering. This home is Eclectically appointed and just screams style. The Yard also has a Fire ring, Outdoor cooking station, Patio, Patio Cover, and Outdoor decks to enjoy the wonderful views of the Canyon.

Last Agent to Sell the Property

Tony Fiorentino

Century 21 Masters License #01238346 Listed on: 06/08/2018

Century 21 Masters

Last Buyer's Agent

AlertSite AlertSite

MLSListings, Inc. License #81234056

MLSListings, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,386

Year Built

  • Built in 1964

Lot Details

  • 2.12 Acre Lot
  • Rural Setting
  • South Facing Home
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Property is zoned R-A-1

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco
  • Adobe

Interior Spaces

  • 3,165 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Canyon Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Propane Range
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Gravel Driveway
  • Gated Parking

Outdoor Features

  • Horse Property
  • Patio
  • Shed
  • Outdoor Grill

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Heating Available
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 433
  • Tax Tract Number 71043
  • Assessor Parcel Number 454120032

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Valley

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,386

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-A-1
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 454120032
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3165.00 Square Feet
  • Interior Amenities: Bar, Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 184.83
  • Room Type: Den, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Separate Family Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Other Structures: Guest House Detached, Shed(s), Two On A Lot
  • Exterior Features: Barbecue Private
  • View: Canyon
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Adobe, Stucco

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Gravel, Gated

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Propane Range
  • Electric: Electricity - On Property
  • Heating Type: Fireplace(s), Wood Stove
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Rural, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Horse Property, Landscaped, Lot Over 40000 Sqft, Rectangular Lot, Level, Rocks, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 92347.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.04
  • Tax Lot: 433
  • Tax Tract Number: 071043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Canchola Adolfo and Canchola Luz Veronica
Bought by
Romero Jennifer and Romero Raul
Current Estimated Value
$934,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,553
Outstanding Balance
$513,304
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$421,378

Purchase Details

Closed on
Jul 26, 2019
Sold by
Canchola Luz Veronica and Canchola Adolfo
Bought by
Canchola Adolfo and Canchola Luz Veronica

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 6, 2018
Sold by
Murray Jennifer Butler
Bought by
Canchola Luz Veronica and Canchola Adolfo
Seller's Agent
Tony Fiorentino
Century 21 Masters
Buyer's Agent
AlertSite AlertSite
MLSListings, Inc.
List Price
$629,900
Sold Price
$585,000
Premium/Discount to List
-$44,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$468,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 1999
Sold by
Valenzuela and Gregory
Bought by
Murray Jennifer Butler

Purchase Details

Closed on
Jun 28, 1996
Sold by
Valenzuela Lorrie L
Bought by
Valenzuela Bertha and Valenzuela Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
12.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1996
Sold by
Valenzuela Steven
Bought by
Valenzuela Bertha and Valenzuela Gregory
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
Romero Jennifer -- Lawyers Title Ie
Canchola Adolfo -- None Available
Canchola Luz Veronica $585,000 Stewart Title Company
Murray Jennifer Butler $97,000 Chicago Title Co
Valenzuela Bertha -- First American Title Ins Co
Valenzuela Bertha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Jennifer $576,553
Previous Owner Canchola Luz Veronica $468,000
Previous Owner Valenzuela Bertha $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $585,000 -1.7% $185 / Sq Ft
07/05/2018 07/05/18 Price Changed $594,900 -5.6% $188 / Sq Ft
06/08/2018 06/08/18 For Sale $629,900 -- $199 / 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 $7,386 $660,279 $167,777 $492,502
2023 $7,386 $634,642 $161,263 $473,379
2022 $7,146 $622,199 $158,101 $464,098
2021 $7,027 $610,000 $155,001 $454,999
2020 $6,849 $596,700 $148,920 $447,780
2019 $6,698 $585,000 $146,000 $439,000
2018 $1,568 $133,624 $64,744 $68,880
2017 $1,550 $131,005 $63,475 $67,530
2016 $1,538 $128,437 $62,231 $66,206
2015 $1,534 $126,510 $61,298 $65,212
2014 $1,467 $124,035 $60,099 $63,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18136136

California Regional Multiple Listing Service (CRMLS)

APN: 454-120-032