$368,400
SOLD APR 20, 2018

4170 Rainbow View Way Hemet, CA 92545

Page Ranch Neighborhood
4 Beds
2 Baths
1,760 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

3% Below List Price

51 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Back and Front Yard
  • No HOA

About This Home

As of April 2018

Outstanding opportunity with excellent investment on returns to own this newer residence with 4 Bedrooms 2 Baths rental property.
Highlights:
• Newer renovated Residence
• Beautifully landscaped front and backyards
• Upside Earning potential
• Close to parks and schools
• Close to shopping, hospital and churches

Last Agent to Sell the Property

Jay Sapal

Realty ONE Group Southwest License #01938366 Listed on: 01/03/2018

Realty ONE Group Southwest

Last Buyer's Agent

Veronica Ivy

HomeSmart, Evergreen Realty License #01968676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,760 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 155
  • Tax Tract Number 241249
  • Assessor Parcel Number 460101009

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Inclusions: All fixtures, furniture, equipment, supplies intended for care of residents are included in the sale.
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 460101009
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 209.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6098.00

Multi Family

  • Gross Income: 196560.00
  • Gross Operating Income: 196560.00
  • Gross Scheduled Income: 218400.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 144152.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 52408.00
  • Rent Control: No
  • Total Expenses: 52408.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Tax Lot: 155
  • Tax Tract Number: 241249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Apr 10, 2018
Sold by
Pandy Emmanuel
Bought by
Alandy Lorena P
Seller's Agent
Jay Sapal
Realty ONE Group Southwest
Buyer's Agent
Veronica Ivy
HomeSmart, Evergreen Realty
List Price
$380,000
Sold Price
$368,400
Premium/Discount to List
-$11,600
-3.05%
Current Estimated Value
$471,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,243
Avg. Annual Appreciation
3.38%
Original Mortgage
$251,750
Outstanding Balance
$217,525
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$252,126

Purchase Details

Closed on
Jan 16, 2018
Sold by
Cruz Maria Aster
Bought by
Hernandez Albertryan S and Hernandez Ronna Anabel T

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jan 20, 2016
Sold by
Baker Jack H
Bought by
Cruz Maria Aster
Seller's Agent
Juan Rodriguez
RODRIGUEZ & ASSOCIATES REALTY
Buyer's Agent
Salvador Correa
Impact Real Estate
List Price
$229,900
Sold Price
$231,500
Premium/Discount to List
$1,600
0.7%

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%

Purchase Details

Closed on
Jan 5, 2005
Sold by
Shaver Jennifer A
Bought by
Baker Jack H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Kauffmann Paul John
Bought by
Baker Jack H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Kauffmann Tina Marie
Bought by
Kauffmann Paul John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Greystone Homes Inc
Bought by
Kauffmann Paul John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Lenone Inc
Bought by
Greystone Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $269,000 The Heritage Escrow Company
Grant Deed $231,500 Ticor Title
Interfamily Deed Transfer -- First American Title
Grant Deed $316,000 First American Title
Interfamily Deed Transfer -- North American Title
Grant Deed $280,000 North American Title Co
Quit Claim Deed -- North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,750 New Conventional
Previous Owner $252,800 Purchase Money Mortgage
Previous Owner $223,800 Purchase Money Mortgage
Closed $27,900 No Value Available
Closed $26,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $368,400 -3.1% $209 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $380,000 +3.1% $216 / Sq Ft
01/24/2018 01/24/18 Off Market $368,400 -- --
01/12/2018 01/12/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $380,000 +64.1% $216 / Sq Ft
02/04/2016 02/04/16 Sold $231,500 +1.1% $132 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
05/20/2015 05/20/15 Price Changed $229,000 -0.4% $130 / Sq Ft
04/08/2015 04/08/15 For Sale $229,900 -- $131 / 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 $4,182 $305,726 $62,573 $243,153
2023 $4,182 $293,857 $60,145 $233,712
2022 $4,133 $288,096 $58,966 $229,130
2021 $4,087 $282,448 $57,810 $224,638
2020 $4,056 $279,553 $57,218 $222,335
2019 $3,978 $274,073 $56,097 $217,976
2018 $3,487 $240,852 $46,818 $194,034
2017 $3,454 $236,130 $45,900 $190,230
2016 $3,408 $221,000 $42,000 $179,000
2015 $3,506 $208,000 $39,000 $169,000
2014 $3,204 $188,000 $36,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18002169

California Regional Multiple Listing Service (CRMLS)

APN: 460-101-009