NOT LISTED FOR SALE

43776 C St Hemet, CA 92544

Estimated Value: $450,997 - $563,000

4 Beds
4 Baths
2,040 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $200,000 $98 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,785/month

50 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of December 2015

Great duplex in the Valle Vista area of Hemet. This 2040 (-/+) square foot duplex sits on a large shared 7841 square foot lot. Each unit is comprised of 2 bedrooms ( each unit has a master bed and bath) and 2 bathrooms with private laundry room in each unit. Each unit has family room, dining area, kitchen and fireplace with private backyard. Each unit also has an attached garage. The kitchens are good size with a good amount of cabinet and counter space.

Last Agent to Sell the Property

Chris Murray

RE/MAX Empire Properties License #01339816 Listed on: 12/09/2015

RE/MAX Empire Properties

Co-Listed By

Andrea Murray

RE/MAX Empire Properties License #01474696

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061

RE/MAX Empire Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1980

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Propane
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 10968
  • Assessor Parcel Number 549141023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $1,807
  • Net Operating Income $20,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,678

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 11.40
  • Property Attached: No
  • View: No
  • Zoning: R3
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 549141023
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 98.04
  • Room Type: All Bedrooms Down, Entry, Family Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Propane, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal
  • Electric: Electricity - On Property
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 25.51
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1020
  • Gross Multiplier: 7.70
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 20993.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 4
  • Number With Carpet: 3
  • Number With Range: 4
  • Operating Expense: 3427.00
  • Rent Control: No
  • Vacancy Allowance: 25

Tax Info

  • New Taxes Expense: 1807.00
  • Tax Lot: 2
  • Tax Tract Number: 10968
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Dec 18, 2015
Sold by
Morehead Gregory R
Bought by
Cerda Luis A and Cerda Christopher
Seller's Agent
Chris Murray
RE/MAX Empire Properties
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$184,900
Sold Price
$200,000
Premium/Discount to List
$15,100
8.17%
Current Estimated Value
$488,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,499
Avg. Annual Appreciation
9.49%
Source: Public Records

Range of Values:

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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
Cerda Luis A $200,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $200,000 +8.2% $98 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $184,900 -- $91 / 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 $2,678 $236,752 $47,348 $189,404
2023 $2,678 $227,560 $45,510 $182,050
2022 $2,591 $223,099 $44,618 $178,481
2021 $2,549 $218,726 $43,744 $174,982
2020 $2,519 $216,484 $43,296 $173,188
2019 $2,464 $212,241 $42,448 $169,793
2018 $2,388 $208,080 $41,616 $166,464
2017 $2,360 $204,000 $40,800 $163,200
2016 $2,962 $200,000 $40,000 $160,000
2015 $2,423 $165,666 $46,377 $119,289
2014 $1,807 $162,422 $45,469 $116,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15231282

California Regional Multiple Listing Service (CRMLS)

APN: 549-141-023