NOT LISTED FOR SALE

41072 Alder Ave Hemet, CA 92544

East Hemet Area

Estimated Value: $429,000 - $508,664

4 Beds
4 Baths
2,312 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2016

Last sale price $220,000 $95 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,730 / mo

144 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2016

Spacious 2 Bedroom 2 Bath Duplex * Garages * Inside Laundry * Excellent Condition *

Last Agent to Sell the Property

Jesse Petton

Liberty Real Estate License #00513312 Listed on: 02/16/2016

Last Buyer's Agent

Francis Enriquez

Ladera Home Realty License #01461203

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Property Attached
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Entryway
  • Living Room

Kitchen

  • Electric Oven
  • Free-Standing Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 5101
  • Assessor Parcel Number 449021026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $797
  • Water Sewer Expense $1,348
  • New Taxes Expense $2,250
  • Gross Income $1,800
  • Net Operating Income $14,155

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1348.00
  • Zoning: R-2
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 449021026
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 95.16
  • Room Type: All Bedrooms Down, Entry, Living Room, Main Floor Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: Mountain(s), Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Free-Standing Range
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Trash Expense: 797.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Level, Paved
  • Lot Size Sq Ft: 8712.00
  • Price Per Lot Square Foot: 25.25
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 14155.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5645.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2250.00
  • Tax Lot: 5
  • Tax Tract Number: 5101

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

Closed on
Apr 12, 2016
Sold by
Bought by
Current Estimated Value
$468,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
0.0366%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2003
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
$93,700
Interest Rate
0.0571%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$220,000 Ticor Title
-- None Available
-- --
-- --
$170,000 Fidelity National Title Co
-- --
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
Previous Owner $165,000
Previous Owner $93,700
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
06/14/2016 06/14/16 Sold $220,000 -2.2% $95 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $225,000 -- $97 / 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
2025 $2,941 $260,428 $41,429 $218,999
2023 $2,941 $250,317 $39,821 $210,496
2022 $2,846 $245,410 $39,041 $206,369
2021 $2,799 $240,599 $38,276 $202,323
2020 $2,766 $238,133 $37,884 $200,249
2019 $2,705 $233,465 $37,142 $196,323
2018 $2,622 $228,888 $36,414 $192,474
2017 $2,590 $224,400 $35,700 $188,700
2016 $2,434 $207,971 $48,929 $159,042
2015 $2,427 $204,849 $48,195 $156,654
2014 $2,318 $200,838 $47,251 $153,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15218335

California Regional Multiple Listing Service (CRMLS)

APN: 449-021-026

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