Seller's Agent in 2024
Steve Welty
Steve Welty & Associates Inc
(760) 568-4785
1 in this area
356 Total Sales
Estimated Value: $517,248 - $519,000
8.9
Acres
$58,216
Price per Acre
387,684
Sq Ft Lot
Highlights
- 8.9 Acre Lot
- Neighborhood Views
- Rectangular Lot
- No HOA
About This Lot
As of November 2024Explore the potential of this spacious parcel located at 44010 Olive Ave in Hemet, California. With a generous total size of 8.9 acres and identified by parcel number 549-050-007, this listing offers ample space for various possibilities, suitable for subdivision, investment- land bank opportunity. Discover the opportunities awaiting on this conveniently situated plot in the heart of Hemet, California. ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****
Last Agent to Sell the Property
Steve Welty & Associates Inc Brokerage Email: steve@scwelty.com License #00387455 Listed on: 05/01/2024
Property Details
Property Type
- Land
Lot Details
- 8.9 Acre Lot
- Rectangular Lot
- Property is zoned R-T
Utilities
- No Utilities
- Septic Type Unknown
Additional Features
- Neighborhood Views
- Suburban Location
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 549050007
- $97 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Oct 15, 2024
Sold by
John R Posthuma Living Trust and Posthuma John R
Bought by
Syed Nadeem H and Syed Badea A
Seller's Agent
Steve Welty
Steve Welty & Associates Inc
Buyer's Agent
Pablo Cornejo
KW The Lakes
List Price
$585,000
Sold Price
$515,000
Premium/Discount to List
-$70,000
-11.97%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,124
Avg. Annual Appreciation
0.56%
Original Mortgage
$412,000
Outstanding Balance
$407,644
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Estimated Equity
$110,480
Purchase Details
Closed on
Mar 6, 2008
Sold by
Fairview Village I Llc
Bought by
Posthuma John R
Purchase Details
Closed on
Jun 28, 2004
Sold by
Quality Homes Of Southern California Inc
Bought by
Fairview Village I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2004
Sold by
Eva Hemet Investments
Bought by
Quality Homes Of Southern California Inc
Purchase Details
Closed on
Feb 22, 1995
Sold by
Hemet Dynasty Investment
Bought by
Eva Hemet Investments
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Syed Nadeem H | $515,000 | Orange Coast Title | |
| Posthuma John R | $50,000 | First American Title Company | |
| Fairview Village I Llc | -- | Orange Coast Title Co | |
| Quality Homes Of Southern California Inc | -- | Orange Coast Title Company | |
| Eva Hemet Investments | $60,008 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Syed Nadeem H | $412,000 | |
| Previous Owner | Fairview Village I Llc | $354,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $515,000 | -12.0% | -- |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $585,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,794 | $514,362 | $514,362 | -- |
| 2023 | $5,794 | $494,390 | $494,390 | $0 |
| 2022 | $5,607 | $484,697 | $484,697 | $0 |
| 2021 | $5,514 | $475,194 | $475,194 | $0 |
| 2020 | $5,580 | $470,322 | $470,322 | $0 |
| 2019 | $5,461 | $461,100 | $461,100 | $0 |
| 2018 | $5,296 | $452,059 | $452,059 | $0 |
| 2017 | $5,234 | $443,196 | $443,196 | $0 |
| 2016 | $5,197 | $434,506 | $434,506 | $0 |
| 2015 | $5,182 | $427,980 | $427,980 | $0 |
| 2014 | $4,954 | $419,598 | $419,598 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Welty
-
Pablo Cornejo
Buyer's Agent in 2024
Pablo Cornejo
KW The Lakes
(949) 750-5050
3 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24087742
APN: 549-050-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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