NOT LISTED FOR SALE

415 N Hamilton Ave Hemet, CA 92543

Estimated Value: $466,000 - $695,000

8 Beds
5 Baths
3,300 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

Last sale price $318,000 $96 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,892 / mo

25 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Lawn
  • Living Room

About This Home

As of January 2016

>>. Great Investment property with this Bread and Butter 4 plex. Use solely as a rental property or move into one unit and have the other three rented to pay your mortgage. Pride of ownership. If you have a buyer who is looking to purchase an income producing property that they would not have to go into and make improvements then this is the property for them. Never a vacancy in the last 5.5 years. Always 100% Occupied with good Tenants. No HOA fees. Fully inspected by the City of Hemet. All are below market rents and all on a 1 year lease.This is a well maintained 4 unit’s property and located on a corner which add to privacy with carport and plenty of street parking. Across from a large Apartment complex. This 4 plex contains ONE 2 bed and 2 bath larger unit and THREE 2 bed and 1 bath. All units have central A/C and gas Heating * Decorator two tone paint *Newer laminate Floors in "B" and "D", Carpet in "A", Carpet and Linoleum in "C" , All have vertical blinds * Large Closets, gas stoves provided in each unit, garbage disposals, newer roof, new stairs to upstairs unit "D". Each unit has a lockable storage room. Attached Laundry room with average income of $60 month.

Last Agent to Sell the Property

Huichen Nee

Century 21 Masters License #01442169 Listed on: 10/18/2015

Century 21 Masters

Last Buyer's Agent

James Y. Kuang

Standard Prosperity License #01906627

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,904 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Front and Side Yard Sprinklers
  • Lawn
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • Multi-Level Property
  • Blinds
  • Window Screens
  • Living Room
  • Center Hall

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Leased Washer and Dryer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Central Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4346
  • Tax Tract Number 4346
  • Assessor Parcel Number 442305016

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $350
  • Gardener Expense $780
  • Insurance Expense $1,120
  • Maintenance Expense $1,200
  • Pest Control $150
  • Supplies Expense $150
  • Trash Expense $756
  • Water Sewer Expense $2,930
  • New Taxes Expense $1,952
  • Gross Income $60
  • Net Operating Income $22,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

8,904 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Supplies Expense: 150.00
  • Water Sewer Expenses: 2930.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 442305016
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 96.36
  • Room Type: Center Hall, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition, Security, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Off Street
  • Total Parking Spaces: 8.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Water Heater Central
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Carport, Individual Room, Outside
  • Pest Control Expense: 150.00
  • Sewer: Sewer Paid
  • Trash Expense: 756.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre, Lawn, Landscaped, Corner Lot, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 8904.00
  • Price Per Lot Square Foot: 35.71
  • Lot Size Acres: 0.2040

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 350.00
  • Gross Income: 60.00
  • Gross Scheduled Income: 32520.00
  • Insurance Expense: 1120.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8904.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 22472.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 10048.00
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • New Taxes Expense: 1952.00
  • Tax Lot: 4346
  • Tax Tract Number: 4346

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
Oct 18, 2015
Closed on
Nov 25, 2015
Sold by
Bought by
Seller's Agent
Huichen Nee
Century 21 Masters
Buyer's Agent
James Y. Kuang
Standard Prosperity
List Price
$325,000
Sold Price
$318,000
Premium/Discount to List
-$7,000
-2.15%
Current Estimated Value
$652,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,805
Avg. Annual Appreciation
6.37%
Original Mortgage
$213,750
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 18, 2015
Closed on
Nov 21, 2015
Sold by
Bought by
Seller's Agent
Huichen Nee
Century 21 Masters
Buyer's Agent
James Y. Kuang
Standard Prosperity
List Price
$325,000
Sold Price
$318,000
Premium/Discount to List
-$7,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2010
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
$107,250
Interest Rate
0.0497%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2010
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
$107,250
Interest Rate
0.0497%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2006
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
$333,450
Interest Rate
0.0625%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 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
$286,000
Interest Rate
0.0627%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2001
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
$101,600
Interest Rate
0.0975%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$318,000 Fidelity National Title Co
-- None Available
$143,000 First American Title Ins Co
-- First American Title Ins Co
$277,866 Multiple
$585,000 Fidelity Natl Title Ins Co
-- Chicago Title Co
$440,000 Chicago Title Co
$127,000 First American Title Co
$75,909 First American Title Ins 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
Closed $350,000
Closed $213,750
Closed $106,000
Closed $107,250
Closed $333,450
Closed $286,000
Closed $40,000
Closed $59,000
Closed $101,600
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
01/15/2016 01/15/16 Sold $318,000 -2.2% $96 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
10/18/2015 10/18/15 For Sale $325,000 -- $98 / 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 $4,395 $376,441 $71,023 $305,418
2023 $4,310 $361,825 $68,266 $293,559
2022 $4,177 $354,731 $66,928 $287,803
2021 $4,109 $347,776 $65,616 $282,160
2020 $4,064 $344,211 $64,944 $279,267
2019 $3,977 $337,463 $63,671 $273,792
2018 $3,856 $330,847 $62,424 $268,423
2017 $3,811 $324,360 $61,200 $263,160
2016 $1,956 $157,852 $71,750 $86,102
2015 $1,951 $155,482 $70,673 $84,809
2014 $1,868 $152,439 $69,290 $83,149
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15228081

California Regional Multiple Listing Service (CRMLS)

APN: 442-305-016

Your Personal Tour Guide

Ask me questions while you tour the home.