NOT LISTED FOR SALE

445 N Hamilton Ave Hemet, CA 92543

Hemet Area

Estimated Value: $570,000 - $771,000

4 Beds
3 Baths
3,300 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2017

Last sale price $390,000 $118 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,321 / mo

22 Days on Market

About This Home

As of September 2017

Amazing Quadruplex Located in a Great Area of Hemet. Below Market Rents... w/Month to Month Tenants... New Roof , some New A/C, ALL Exterior New Paint! Corner Lot, Private and Gated Backyards and Frontyards. 3 Units have 2 Bedrooms 1 bath and 1 Unit has 2 Bedrooms 2 baths. Three Units are Ground Units, Only 1 Upstairs Unit. Private Laundry Room, For these Units Only, Can be additional Source of Income, Has a Separate Gas Meter Connection. Tile Floors, Newer Perimeter Fencing, Carport Cover, Individual Storage Space for each unit.

Last Agent to Sell the Property

Luis Zapata

eXp of Greater Los Angeles License #01207413 Listed on: 07/16/2017

eXp of Greater Los Angeles

Last Buyer's Agent

Alfie McFadden

Keller Williams Pacific Estate License #01455447

Keller Williams Pacific Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,956 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for telephone
  • Tax Lot B-6
  • Tax Tract Number 4364
  • Assessor Parcel Number 442304016

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Trash Expense $1,680
  • Water Sewer Expense $4,080
  • New Taxes Expense $2,292
  • Operating Expense $11,352
  • Gross Income $43,200
  • Net Operating Income $31,848

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

8,956 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 4080.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 442304016
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 118.18

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8956.00

Rental Info

  • Tenant Pays: Telephone

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 31848.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11352.00
  • Rent Control: No
  • Total Expenses: 11352.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 2292.00
  • Tax Census Tract: 434.05
  • Tax Lot: B-6
  • Tax Tract Number: 4364

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

Listed on
Jul 16, 2017
Closed on
Jul 31, 2017
Sold by
Bought by
Seller's Agent
Luis Zapata
eXp of Greater Los Angeles
Buyer's Agent
Alfie McFadden
Keller Williams Pacific Estate
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%
Current Estimated Value
$707,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,703
Avg. Annual Appreciation
6.91%
Original Mortgage
$285,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 27, 2016
Closed on
Jun 14, 2016
Sold by
Bought by
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Fabian M. Alor
EXCLUSIVE PROPERTIES
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$86,200
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 1, 2012
Sold by
Bought by
Seller's Agent
IRVIN PERRY
PERRY & ASSOCIATES
Buyer's Agent
Mykel Martin
REALTY MASTERS & ASSOCIATES
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$131,250
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2004
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
$364,650
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2002
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
$184,000
Interest Rate
7.5%
Mortgage Type
Commercial
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
$390,000 Orange Coast Title Company
$345,000 Fidelity National Title
$175,000 Ticor Title Company
$510,000 Fidelity National Title
$429,000 New Century Title Company Ri
$230,000 Orange Coast Title Co
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 $278,500
Previous Owner $285,000
Previous Owner $86,200
Previous Owner $131,250
Previous Owner $91,000
Previous Owner $63,000
Previous Owner $397,000
Previous Owner $384,000
Previous Owner $364,650
Previous Owner $220,000
Previous Owner $184,000
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
09/22/2017 09/22/17 Sold $390,000 -3.7% $118 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/16/2017 07/16/17 For Sale $405,000 +17.4% $123 / Sq Ft
08/03/2016 08/03/16 Sold $345,000 0.0% $105 / Sq Ft View Prior Sale
04/25/2016 04/25/16 For Sale $345,000 +97.1% $105 / Sq Ft
04/02/2012 04/02/12 Sold $175,000 0.0% -- View Prior Sale
04/01/2012 04/01/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $175,000 -- --
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 $5,167 $452,622 $92,843 $359,779
2025 $5,068 $443,748 $91,023 $352,725
2023 $5,068 $426,519 $87,490 $339,029
2022 $4,909 $418,157 $85,775 $332,382
2021 $4,828 $409,959 $84,094 $325,865
2020 $4,775 $405,756 $83,232 $322,524
2019 $4,673 $397,800 $81,600 $316,200
2018 $4,529 $391,000 $80,000 $311,000
2017 $4,062 $346,457 $75,000 $271,457
2016 $2,292 $187,135 $68,965 $118,170
2015 $2,112 $169,457 $68,250 $101,207
2014 $2,188 $180,932 $66,601 $114,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17161894

California Regional Multiple Listing Service (CRMLS)

APN: 442-304-016

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