NOT LISTED FOR SALE

43611 Florida Ave Hemet, CA 92544

Valle Vista Area
3 Beds
3 Baths
10,000 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: April 28, 2014

Last sale price $600,000 $60 Per Sq Ft

7 Days on Market

Highlights

  • Private Pool
  • Laundry Room
  • Zoned Heating and Cooling
  • Fireplace

About This Home

As of April 2014

Excellent opportunity for a turn key investment property with potential for rental increases. You will not be disappointed in this property if you are looking for a small multi unit income property. The property features a pool, off street parking and storage, vinyl windows, newer AC units, courtyard and it is gated. There is a small laundry room on the property and the coin operated machines are included with the sale. Another nice feature is the maintenance room which is large enough to double as a work shop. The maintenance room could be converted to a studio with some additional work. Great location with no adjoining rental units to compete with. This will not last long at this price!!!!

Last Agent to Sell the Property

Josh Shearer

Temecula Homes and Land License #01900973 Listed on: 03/31/2014

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 13,504 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 10 Car Garage
  • 10 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 10,000 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Private Pool
  • Urban Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 549110004

Community Details

Recreation

  • Community Pool

Building Details

  • 8 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 11 Separate Water Meters
  • Electric Expense $3,224
  • Insurance Expense $7,662
  • Maintenance Expense $3,235
  • Trash Expense $2,067
  • Water Sewer Expense $5,187
  • New Taxes Expense $9,134
  • Gross Income $5,158
  • Net Operating Income $20,913

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.31 Acres

Parking

10

Listing Details

  • Assessments: No
  • Inclusions: Coin operated washing and drying machines
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 5187.00
  • Property Type: Residential Income
  • Parcel Number: 549110004
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 60.00

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 10.00
  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: Individual Room
  • Trash Expense: 2067.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Electric Expense: 3224.00
  • Gross Income: 5158.00
  • Gross Scheduled Income: 61899.00
  • Insurance Expense: 7662.00
  • Lot Size Area: 13504.0000 Square Feet
  • Maintenance Expense: 3235.00
  • Net Operating Income: 20913.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 11
  • Number Of Units Leased: 8
  • Number Of Units Total: 10
  • Operating Expense: 40986.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9134.00
  • Tax Lot: 70
  • Tax Tract Number: 00000
  • Tax Year: 2012

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
Jan 2, 2020
Sold by
Winchar Properties Llc
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
$720,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 6, 2014
Sold by
Kelly Patricia
Bought by
Winchar Properties Llc
Seller's Agent
Josh Shearer
Temecula Homes and Land
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$699,900
Sold Price
$600,000
Premium/Discount to List
-$99,900
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2005
Sold by
Kelly Patricia
Bought by
Kelly Roger

Purchase Details

Closed on
Jul 14, 2004
Sold by
Santuci Michael and Santuci Lisa
Bought by
Kelly Roger

Purchase Details

Closed on
May 11, 2004
Sold by
Yuelapwan Kristin L and Yuelapwan Kristin Lee
Bought by
Santuci Michael and Santuci Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2004
Sold by
Yuelapwan Kintai
Bought by
Yuelapwan Kristin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2001
Sold by
Lindros Carl
Bought by
Yuelapwan Kintai and Yuelapwan Kristin

Purchase Details

Closed on
Nov 27, 2000
Sold by
Gruber Keith B and Gruber Cassandra E
Bought by
Lindros Carl and The Lindros Family Revocable Trust

Purchase Details

Closed on
Aug 13, 1997
Sold by
Johnston Richard L and Johnston Sarah J
Bought by
Boone Kenneth W and Boone Loretta Lynn

Purchase Details

Closed on
Apr 3, 1995
Sold by
Cross David G and Cross Deborah L
Bought by
Johnston Richard L and Johnston Sarah J

Purchase Details

Closed on
Jul 15, 1994
Sold by
Cross David G and Cross Debora L
Bought by
Adams Alan Lee
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,200,000 First American Title Ins Co
Winchar Properties Llc $600,000 Ticor Title Company Of Ca
Kelly Roger -- North American Title Company
Kelly Roger $875,000 Multiple
Santuci Michael $675,000 First American Title Co
Yuelapwan Kristin Lee -- --
Yuelapwan Kintai -- --
Lindros Carl -- Orange Coast Title
Boone Kenneth W $230,000 --
Johnston Richard L $290,444 Chicago Title Company
Adams Alan Lee $50,000 Quality Title Company
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
Open $1,000,000
Closed Owen Samir Harvey $720,000
Previous Owner Winchar Properties Llc $488,000
Previous Owner Winchar Properties Llc $315,000
Previous Owner Kelly Roger $350,000
Previous Owner Santuci Michael $275,000
Previous Owner Yuelapwan Kristin Lee $250,000
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
04/28/2014 04/28/14 Sold $600,000 -14.3% $60 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $699,900 -- $70 / 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 $15,914 $1,338,616 $468,515 $870,101
2025 $15,438 $1,312,370 $459,329 $853,041
2023 $15,438 $1,261,411 $441,494 $819,917
2022 $14,218 $1,236,679 $432,838 $803,841
2021 $13,981 $1,212,431 $424,351 $788,080
2020 $7,797 $672,529 $97,514 $575,015
2019 $7,627 $659,343 $95,602 $563,741
2018 $7,390 $646,416 $93,728 $552,688
2017 $7,302 $633,742 $91,891 $541,851
2016 $7,248 $621,317 $90,090 $531,227
2015 $7,227 $611,987 $88,738 $523,249
2014 $9,134 $798,833 $101,703 $697,130
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14033042

California Regional Multiple Listing Service (CRMLS)
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