NOT LISTED FOR SALE

435 N Hamilton Ave Hemet, CA 92543

Hemet Area

Estimated Value: $745,000 - $880,000

8 Beds
5 Baths
3,800 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2024

Last sale price $749,000 $197 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,037 / mo

117 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • Level Lot
  • Property is near public transit
  • Central Heating and Cooling System
  • Front Yard

About This Home

As of July 2024

Bread & butter 4 unit on a corner lot. 8 bedrooms total, 4 and 1/2 bath (One unit has 1 and 1/2 bath).
Over $25k in recent repairs made. Upstairs unit with fresh paint, redone patio & staircase. All property termite work needed has been done. New water heater. Fresh exterior paint in some areas. New drywall in storage units & laundry room.
Each unit with its own separate electric and gas meter. Each unit pays their own electricity & gas. One water meter, with one hot water heater as well, The owner pays for the water & for the hot water (on separate gas and electric meter) for all 4 units. Owner pays for trash.

Last Agent to Sell the Property

John Santana

JAMIL ALAM, BROKER Brokerage Phone: 626-228-5443 License #01735955 Listed on: 12/01/2023

Last Buyer's Agent

Jesse Colón

The R.R. Network License #01883728

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot D
  • Tax Tract Number 4364
  • Assessor Parcel Number 442305015
  • $145 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $300
  • Insurance Expense $2,500
  • Trash Expense $3,000
  • Water Sewer Expense $6,000
  • Operating Expense $11,800
  • Gross Income $58,163
  • Net Operating Income $58,163

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 442305015
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 197.11

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Near Public Transit
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100
  • Latitude Manual: 33.75354100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 300.00
  • Gross Income: 58163.00
  • Gross Scheduled Income: 69963.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 58163.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11800.00
  • Rent Control: No
  • Total Actual Rent: 5828.00
  • Total Expenses: 11800.00

Tax Info

  • Tax Census Tract: 434.05
  • Tax Lot: D
  • Tax Tract Number: 4364
  • TaxOtherAnnualAssessmentAmount: 145.00

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 1, 2024
Sold by
Bought by
Current Estimated Value
$786,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,100
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 21, 2021
Sold by
Bought by
Seller's Agent
AMPIE TIONGC YOUNG
BEST CHOICE REALTY
Buyer's Agent
John Santana
JAMIL ALAM, BROKER
List Price
$648,168
Sold Price
$638,500
Premium/Discount to List
-$9,668
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$252,602
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2017
Closed on
Dec 4, 2017
Sold by
Bought by
Seller's Agent
Jorge Chacon
Embassy Real Estate
Buyer's Agent
Iris Kwon
Iris Yu Kwon
List Price
$380,000
Sold Price
$381,268
Premium/Discount to List
$1,268
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$373,389
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 27, 2017
Sold by
Bought by
Seller's Agent
Jorge Chacon
Embassy Real Estate
Buyer's Agent
Iris Kwon
Iris Yu Kwon
List Price
$380,000
Sold Price
$381,268
Premium/Discount to List
$1,268
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,389
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 8, 2015
Sold by
Bought by
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Fidencio Felix
Embassy Real Estate
List Price
$269,500
Sold Price
$284,000
Premium/Discount to List
$14,500
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$278,856
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2014
Closed on
Sep 21, 2015
Sold by
Bought by
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Fidencio Felix
Embassy Real Estate
List Price
$269,500
Sold Price
$284,000
Premium/Discount to List
$14,500
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,856
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 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
$169,000
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 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
$169,000
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 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
$87,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 1993
Sold by
Bought by
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
$749,000 Wfg National Title
-- Accommodation
$638,500 Wfg National Title
-- Pacific Coast Title Company
$381,500 Pacific Coast Title Company
$284,000 Fidelity National Title
-- Fidelity National Title
-- None Available
-- Orange Coast Title Co
$325,000 Orange Coast Title Co
-- Orange Coast Title Co
$116,000 Orange Coast Title
$80,000 Commonwealth Land Title Co
-- --
$112,000 Quality Title
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 $674,100
Previous Owner $252,602
Previous Owner $373,389
Previous Owner $278,856
Previous Owner $250,000
Previous Owner $169,000
Previous Owner $54,140
Previous Owner $87,000
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
07/18/2024 07/18/24 Sold $749,000 -1.3% $197 / Sq Ft
07/12/2024 07/12/24 Price Changed $759,000 0.0% $200 / Sq Ft
07/12/2024 07/12/24 For Sale $759,000 +1.3% $200 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/26/2024 03/26/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $749,000 0.0% $197 / Sq Ft
02/13/2024 02/13/24 Off Market $749,000 -- --
02/13/2024 02/13/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $749,000 0.0% $197 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $749,000 0.0% $197 / Sq Ft
07/08/2023 07/08/23 Rented $1,500 0.0% --
07/08/2023 07/08/23 Under Contract -- -- --
07/08/2023 07/08/23 For Rent $1,500 +3.4% --
01/31/2023 01/31/23 Rented $1,450 +3.6% --
01/27/2023 01/27/23 Under Contract -- -- --
01/18/2023 01/18/23 For Rent $1,400 0.0% --
05/26/2021 05/26/21 Sold $638,500 -1.5% $168 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $648,168 +70.0% $171 / Sq Ft
12/20/2017 12/20/17 Sold $381,268 +0.3% $116 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Price Changed $380,000 0.0% $115 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $380,000 0.0% $115 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $380,000 +33.8% $115 / Sq Ft
10/16/2015 10/16/15 Sold $284,000 +5.4% $86 / Sq Ft View Prior Sale
06/16/2015 06/16/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $269,500 -- $82 / 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 $8,603 $763,980 $137,700 $626,280
2025 $7,646 $749,000 $135,000 $614,000
2023 $7,646 $651,270 $127,500 $523,770
2022 $7,402 $638,500 $125,000 $513,500
2021 $7,202 $400,779 $84,094 $316,685
2020 $4,660 $396,670 $83,232 $313,438
2019 $4,560 $388,893 $81,600 $307,293
2018 $4,420 $381,268 $80,000 $301,268
2017 $3,420 $289,680 $66,300 $223,380
2016 $3,396 $284,000 $65,000 $219,000
2015 $2,638 $215,000 $65,000 $150,000
2014 $2,571 $215,000 $65,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23219681

California Regional Multiple Listing Service (CRMLS)

APN: 442-305-015

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