NOT LISTED FOR SALE

4950 Merlyn St Hemet, CA 92544

Estimated Value: $426,627 - $442,000

3 Beds
2 Baths
1,288 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $250,000 $194 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,534/month

21 Days on Market

Highlights

  • Mountain View
  • Private Yard
  • 2 Car Attached Garage
  • Sun or Florida Room
  • No HOA
  • Bathtub

About This Home

As of February 2018

Come and check out this single story charming home in Hemet. This home is located in a quiet neighborhood in Hemet surrounded by mountain views near orange groves. It features three bedrooms, two bath and large backyard for entertaining. This home has new laminate floors, new paint, new tile and counter tops in bathrooms and a sun room. In the backyard you will find a variety of fruit trees and large patio and low taxes!!!! Don't miss out on this great opportunity for homeownership!

Last Agent to Sell the Property

Tania Ramirez

First Team Real Estate License #01891504 Listed on: 01/01/2018

First Team Real Estate

Last Buyer's Agent

Jordana Tackett

NON-MEMBER/NBA or BTERM OFFICE License #02029647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1983

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Composition Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Open Patio
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 13063
  • Assessor Parcel Number 551322003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 551322003
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1288.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 194.10
  • Room Type: All Bedrooms Down, Kitchen, Master Bedroom, Sun
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6534.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 437.02
  • Tax Lot: 3
  • Tax Tract Number: 13063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Jan 26, 2018
Sold by
Suarez Elvia
Bought by
White Debbra A
Seller's Agent
Tania Ramirez
First Team Real Estate
Buyer's Agent
Jordana Tackett
NON-MEMBER/NBA or BTERM OFFICE
List Price
$2,500,000
Sold Price
$250,000
Premium/Discount to List
-$2,250,000
-90%
Current Estimated Value
$433,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,157
Avg. Annual Appreciation
7.40%
Original Mortgage
$237,500
Outstanding Balance
$201,141
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$232,016

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 18, 2013
Sold by
Bowlin Erica Brook
Bought by
Suarez Elvia
Seller's Agent
Jennifer Waters
Coldwell Banker Assoc.Brks-CL
Buyer's Agent
Tania Ramirez
First Team Real Estate
List Price
$144,500
Sold Price
$144,000
Premium/Discount to List
-$500
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$141,391
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2008
Sold by
Beneficial California Inc
Bought by
Bowlin Erica Brook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,676
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2007
Sold by
Sepulveda Leonard J and Sepulveda Yolanda
Bought by
Beneficial California Inc

Purchase Details

Closed on
May 3, 2005
Sold by
Boss Clara M
Bought by
Sepulveda Leonard J and Sepulveda Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,900
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Adams Betty Jane
Bought by
Boss Clara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2002
Sold by
Reichert Terry and Grimsley Teresa L
Bought by
Adams Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.06%
Source: Public Records

Range of Values:

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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
White Debbra A $250,000 Orange Coast Title Company
Suarez Elvia $144,000 Chicago Title Company
Bowlin Erica Brook $130,000 Lsi Title Agency Inc
Beneficial California Inc $218,400 None Available
Sepulveda Leonard J $285,000 Orange Coast Title Co
Boss Clara M $197,000 Orange Coast Title Co
Boss Clara M -- Orange Coast Title Co
Adams Betty Jane $105,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Debbra A $237,500
Previous Owner Suarez Elvia $141,391
Previous Owner Bowlin Erica Brook $127,676
Previous Owner Sepulveda Leonard J $220,900
Previous Owner Boss Clara M $157,600
Previous Owner Adams Betty Jane $84,000
Closed Boss Clara M $39,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2018 02/21/18 Sold $250,000 -90.0% $194 / Sq Ft
01/01/2018 01/01/18 For Sale $2,500,000 +1636.1% $1,941 / Sq Ft
04/09/2013 04/09/13 Sold $144,000 -0.3% $112 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $144,500 -- $112 / 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 $3,187 $284,452 $39,821 $244,631
2023 $3,187 $273,409 $38,276 $235,133
2022 $3,084 $268,049 $37,526 $230,523
2021 $3,032 $262,794 $36,791 $226,003
2020 $2,996 $260,100 $36,414 $223,686
2019 $2,930 $255,000 $35,700 $219,300
2018 $1,786 $155,837 $37,876 $117,961
2017 $1,765 $152,783 $37,134 $115,649
2016 $1,752 $149,788 $36,406 $113,382
2015 $1,747 $147,540 $35,860 $111,680
2014 $1,668 $144,652 $35,158 $109,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18001220

California Regional Multiple Listing Service (CRMLS)

APN: 551-322-003