NOT LISTED FOR SALE

43650 C St Hemet, CA 92544

Estimated Value: $533,000 - $548,000

4 Beds
4 Baths
2,160 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2019

Last sale price $330,000 $153 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,237 / mo

23 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Living Room
  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

As of September 2019

Income producing Property on a large corner lot. Both Units have long term tenants. Units have identical layouts. Both units are 2 bedroom 2 bath, 1,080 sq. ft. each, both have single car garage. Units are only attached by the garages. Each unit has indoor laundry hook-ups. Both units are in great condition. Tile throughout, with Carpet in bedrooms. Unit A has a spacious Patio and a gated side yard. Unit B has a large gated back yard with covered patio. Great investment opportunity!

Last Agent to Sell the Property

Sierra Steele

Realty Masters & Associates License #02093700 Listed on: 07/21/2019

Realty Masters & Associates

Last Buyer's Agent

Fatima Rahman

Exceptional Realty License #01992015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Corner Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot /2
  • Tax Tract Number 347
  • Assessor Parcel Number 549310002

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 $781
  • Trash Expense $576
  • Water Sewer Expense $2,040
  • New Taxes Expense $2,773
  • Operating Expense $6,170
  • Gross Income $23,280
  • Net Operating Income $17,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 2040.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 549310002
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 152.78
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 576.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1080 Square Feet
  • Gross Income: 23280.00
  • Gross Scheduled Income: 23280.00
  • Insurance Expense: 781.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 17110.00
  • 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
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 2616.00
  • Rent Control: No
  • Total Actual Rent: 1940.00
  • Total Expenses: 6170.00

Tax Info

  • New Taxes Expense: 2773.00
  • Tax Lot: /2
  • Tax Tract: 11477
  • Tax Tract Number: 0347

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2019
Closed on
Aug 19, 2019
Sold by
Steele Derek M and Steele Sierra D
Bought by
Wynder Lawrence and Wynder Charlene
Seller's Agent
Sierra Steele
Realty Masters & Associates
Buyer's Agent
Fatima Rahman
Exceptional Realty
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$540,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,384
Avg. Annual Appreciation
7.67%

Purchase Details

Listed on
Sep 22, 2017
Closed on
Sep 27, 2017
Sold by
Munoz Juan Carlos and Santana Blanca Estela
Bought by
Steele Derek M and Steele Sierra D
Seller's Agent
Loni Vogler
Vogler Feigen Realty
Buyer's Agent
Loni Vogler
Vogler Feigen Realty
List Price
$245,000
Sold Price
$242,500
Premium/Discount to List
-$2,500
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%
Original Mortgage
$181,875
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2009
Sold by
Washington Mutual Bank
Bought by
Munoz Juan Carlos and Santana Blanca Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2008
Sold by
Munoz Dennis G
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Mar 14, 2005
Sold by
Scarafone Joseph Andrew
Bought by
Munoz Dennis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Scarafone Joseph A
Bought by
Scarafone Joseph Andrew and The Joseph Andrew Scarafone Living Trust

Purchase Details

Closed on
Sep 26, 2002
Sold by
Scarafore Joseph A
Bought by
Scarafone Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2002
Sold by
Scarafone Joseph A
Bought by
The Joseph Andrew Scarafone Living Trust

Purchase Details

Closed on
Jun 5, 2000
Sold by
Carter Cynthia C
Bought by
Scarafone Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,480
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2000
Sold by
Carter Cynthia Trustee and Carter Family Trust
Bought by
Carter Cynthia C and The Cynthia C Carter Revocable Separate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,480
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 1998
Sold by
Carter Cynthia
Bought by
Carter Richard B and Carter Cynthia

Purchase Details

Closed on
Nov 25, 1997
Sold by
Carter Richard B
Bought by
Carter Richard B and The Richard B Carter Trust
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wynder Lawrence $330,000 Chicago Title Company
Steele Derek M $242,500 Wfg National Title Company O
Munoz Juan Carlos $145,000 First American Title Company
Washington Mutual Bank $225,000 Fntu
Munoz Dennis G $405,000 Orange Coast Title Co
Scarafone Joseph Andrew -- --
Scarafone Joseph A -- Lawyers Title Company
The Joseph Andrew Scarafone Living Trust -- --
Scarafone Joseph A $99,500 Lawyers Title Company
Carter Cynthia C -- --
Carter Richard B -- --
Carter Richard B -- --
Carter Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Derek M $181,875
Previous Owner Munoz Juan Carlos $116,000
Previous Owner Munoz Dennis G $324,000
Previous Owner Scarafone Joseph A $180,000
Previous Owner Scarafone Joseph A $79,480
Closed Munoz Dennis G $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2019 09/05/19 Sold $330,000 0.0% $153 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $330,000 +36.1% $153 / Sq Ft
11/15/2017 11/15/17 Sold $242,500 -1.0% $117 / Sq Ft View Prior Sale
09/22/2017 09/22/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $245,000 -- $118 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,461 $360,899 $72,178 $288,721
2023 $4,461 $346,886 $69,376 $277,510
2022 $4,063 $340,085 $68,016 $272,069
2021 $3,856 $333,418 $66,683 $266,735
2020 $3,808 $330,000 $66,000 $264,000
2019 $2,862 $247,350 $49,980 $197,370
2018 $2,773 $242,500 $49,000 $193,500
2017 $1,874 $160,878 $38,829 $122,049
2016 $1,860 $157,724 $38,068 $119,656
2015 $1,855 $155,357 $37,498 $117,859
2014 $1,772 $152,315 $36,764 $115,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19173431

California Regional Multiple Listing Service (CRMLS)

APN: 549-310-002

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