NOT LISTED FOR SALE

45295 Red Mountain Rd Hemet, CA 92544

Estimated Value: $264,000 - $269,090

20 Acres
$13,327 Price per Acre
871,200 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $230,000 $575 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,622/month

77 Days on Market

Highlights

  • Community Stables
  • 20 Acre Lot
  • No HOA
  • Horse Property
  • Mountain View
  • Hiking Trails

About This Lot

As of October 2021

20 acres super secluded in an amazing spot if you like the outdoors.. This 20 acre piece has a HUGE, CLEAN spring water WELL that when last tested produced a stupid figure like 70 gallons a minute of water but the well is amazing. The property already has power to it and has a building that someone at sometime lived in and that is how thy got issue an address. This property has a huge fenced off 420 MMJ greenhouse will 400+ pots that are ready to be planted.. Super good neighbors and the grow had been going for over 4 years with no problems as seller is moved out of state and wants them gone. This property has a seasonal creek that runs through it as well as hundreds of unbelievable trees and huge Oaks. Property is a must see and will be a money maker right out of the gates. There is a septic on site for a travel trailer and water and power for someone too.

Last Agent to Sell the Property

Troy Helton

Drive Real Estate, Inc. License #01400572 Listed on: 06/16/2021

Last Buyer's Agent

Frank Pina

A First Choice Financial Group License #01870664

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,686

Lot Details

  • 20 Acre Lot
  • Density is 16-20 Units/Acre
  • Property is zoned R-R

Utilities

  • Propane
  • Well
  • Cable TV Available

Additional Features

  • Mountain Views
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 569180026

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Property is near a ravine

Recreation

  • Hunting
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$2,686

Lot Details

0

Listing Details

  • Current Use Comments: there is a tiny structure like someone used to ...
  • Other Phone Description: 9517758336
  • Other Phone Number: 9517758336
  • Possible Use Comments: set up for 420 and is ready to go
  • View: Yes
  • Zoning: R-R
  • Property Type: Land
  • Parcel Number: 569180026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.26

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Hunting, Mountainous, Ravine, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Agricultural - Other, Horse Property
  • Lot Size Sq Ft: 871200.00
  • Lot Size Acres: 20.0000

Multi Family

  • Lot Size Area: 20.0000 Acres

Tax Info

  • Tax Census Tract: 444.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Velasquez Luis and Velasquez Victoria
Bought by
Velasquez Living Trust and Figueroa
Current Estimated Value
$266,545

Purchase Details

Listed on
Jun 16, 2021
Closed on
Oct 13, 2021
Sold by
Velasquez Luis
Bought by
Velasquez Luis and Figueroa Victoria Velasquez
Seller's Agent
Troy Helton
Drive Real Estate, Inc.
Buyer's Agent
Frank Pina
A First Choice Financial Group
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
Jun 16, 2021
Closed on
Oct 4, 2021
Sold by
Larsen Scott and Hradecky Werner
Bought by
Velasquez Luis
Seller's Agent
Troy Helton
Drive Real Estate, Inc.
Buyer's Agent
Frank Pina
A First Choice Financial Group
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 18, 2021
Sold by
Velasquez Victoria
Bought by
Velasquez Luis
Seller's Agent
Troy Helton
Drive Real Estate, Inc.
Buyer's Agent
Frank Pina
A First Choice Financial Group
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Larsen Scott
Bought by
Larsen Scott and Hradecky Werner

Purchase Details

Listed on
Feb 1, 2014
Closed on
Dec 5, 2016
Sold by
Wiley Roberta
Bought by
Larsen Scott
Seller's Agent
Doug Ford
Coldwell Banker Assoc Brkr-SC
Buyer's Agent
Mike Camp
Drive Real Estate, Inc.
List Price
$299,000
Sold Price
$160,000
Premium/Discount to List
-$139,000
-46.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$112,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Velasquez Living Trust -- None Listed On Document
Velasquez Luis -- --
Velasquez Luis $230,000 Ticor Title Company
Velasquez Luis -- Orange Coast Title
Larsen Scott -- None Available
Larsen Scott $160,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larsen Scott $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $230,000 -11.5% $575 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $259,900 -5.5% $650 / Sq Ft
06/29/2021 06/29/21 Price Changed $274,900 -8.3% $687 / Sq Ft
06/16/2021 06/16/21 For Sale $299,900 +87.4% $750 / Sq Ft
02/03/2017 02/03/17 Sold $160,000 -46.5% $400 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
02/01/2014 02/01/14 For Sale $299,000 -- $748 / 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 $2,686 $244,075 $223,171 $20,904
2023 $2,686 $234,600 $214,506 $20,094
2022 $2,606 $230,000 $210,300 $19,700
2021 $1,950 $171,551 $144,747 $26,804
2020 $1,922 $169,793 $143,263 $26,530
2019 $1,879 $166,464 $140,454 $26,010
2018 $1,820 $163,200 $137,700 $25,500
2017 $831 $73,948 $69,377 $4,571
2016 $825 $72,499 $68,017 $4,482
2015 $822 $71,412 $66,997 $4,415
2014 $784 $70,016 $65,686 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21130991

California Regional Multiple Listing Service (CRMLS)

APN: 569-180-026