NOT LISTED FOR SALE

505 Monterey Place Hemet, CA 92543

Estimated Value: $367,742 - $439,000

2 Beds
2 Baths
1,100 Sq Ft
$367/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $245,000 $223 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,369/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Corner Lot
  • Open Floorplan
  • Traditional Architecture
  • Private Yard

About This Home

As of November 2019

LOVE THE UPGRADES!! Thoroughly upgraded home is located on a sought-after corner lot with ample parking. Inviting curb appeal with tidy water-wise rockscape and security-fenced entryway with double doors. Single-story home offers newer paint, a re-textured ceiling, gorgeous tile and modern wood-look vinyl floors (dent & scratch resistant). Open design perfect for entertaining. Enjoy the toasty fireplace finished with rustic stone in the large living room. Windows on both walls let in plenty of natural light. The dining room offers a ceiling fan light and wall space for oversized artwork or a large mirror. Gorgeous wood-look flooring flows in the living room, dining room, bedrooms and hallway. The kitchen wall has been opened up to let the main living space flow in a contemporary style. In the kitchen you have ample cabinet space, tiled back splash & counters, a dishwasher, oven, hood vent & beautiful tile flooring. The master bedroom offers a sliding glass door to the backyard & lovely ensuite bathroom. Both bedrooms are generous in size, and both bathrooms feature beautiful tile floors. In the backyard you have a water-wise setting perfect for BBQs with a solid patio cover, open area and block walls. Take a closer look at this exceptional property today!

Last Agent to Sell the Property

MARTHA CERVANTES

BERKSHIRE HATH HM SVCS CA PROP License #01761480 Listed on: 09/12/2019

BERKSHIRE HATH HM SVCS CA PROP

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Dishwasher
  • Tile Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • No Interior Steps
  • Water-Smart Landscaping
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 4206
  • Assessor Parcel Number 446320011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 446320011
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 222.73
  • Room Type: Formal Entry, Kitchen, Living Room, Master Suite
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 433.12
  • Tax Lot: 11
  • Tax Tract Number: 4206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 9, 2019
Sold by
Kane Courtney N and Kane Sean Daniel
Bought by
Delarosa Henry and Delarosa Kisharrah
Seller's Agent
MARTHA CERVANTES
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$403,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,686
Avg. Annual Appreciation
8.74%
Original Mortgage
$250,267
Outstanding Balance
$220,135
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$183,551

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 28, 2017
Sold by
Magana Miguel and Magana Sara Elena Munoz
Bought by
Kane Courtney N and Kane Sean Daniel
Seller's Agent
Brad Brenkus
Mogul Real Estate
Buyer's Agent
MARTHA CERVANTES
BERKSHIRE HATH HM SVCS CA PROP
List Price
$220,000
Sold Price
$201,500
Premium/Discount to List
-$18,500
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$195,455
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2016
Closed on
Sep 26, 2016
Sold by
Olsen Dennis E
Bought by
Magana Miguel and Magana Sara Elena Munoz
Seller's Agent
Vicki Montague
Coldwell Banker Kivett-Teeters
Buyer's Agent
John Malkowski
Coldwell Banker Realty
List Price
$165,000
Sold Price
$168,000
Premium/Discount to List
$3,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%
Original Mortgage
$168,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2013
Sold by
Olsen Dennis E
Bought by
Olsen Dennis E and Dennis E Olsen Revocable Trust

Purchase Details

Closed on
Jul 23, 2012
Sold by
Olsen Dennis
Bought by
Olsen Dennis and Patton Lena G

Purchase Details

Closed on
Mar 27, 2012
Sold by
Herrington Margret R
Bought by
Olsen Dennis

Purchase Details

Closed on
Jun 15, 2006
Sold by
Herrington Margret R
Bought by
Herrington Margret R and Herrington Revocable Trust

Purchase Details

Closed on
May 5, 2006
Sold by
Olsen Dennis E
Bought by
Herrington Margret R and Olsen Dennis E

Purchase Details

Closed on
Aug 24, 2005
Sold by
Olsen Luana V
Bought by
Olsen Dennis E and Olsen Luana
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
Delarosa Henry $245,000 Ticor Title
Kane Courtney N $201,500 Ticor Title Company Of Calif
Magana Miguel $168,000 Chicago Title Insurance Co
Olsen Dennis E -- None Available
Olsen Dennis E -- None Available
Olsen Dennis -- None Available
Olsen Dennis -- None Available
Herrington Margret R -- None Available
Herrington Margret R -- None Available
Olsen Dennis E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delarosa Henry $250,267
Previous Owner Kane Courtney N $195,455
Previous Owner Magana Miguel $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2019 11/13/19 Sold $245,000 0.0% $223 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $245,000 +21.6% $223 / Sq Ft
01/19/2018 01/19/18 Sold $201,500 -1.7% $183 / Sq Ft View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
12/12/2017 12/12/17 Price Changed $204,999 -2.4% $186 / Sq Ft
12/08/2017 12/08/17 Price Changed $209,999 -2.3% $191 / Sq Ft
12/01/2017 12/01/17 Price Changed $214,999 -2.3% $195 / Sq Ft
10/26/2017 10/26/17 For Sale $220,000 +31.0% $200 / Sq Ft
10/28/2016 10/28/16 Sold $168,000 +1.8% $153 / Sq Ft View Prior Sale
09/17/2016 09/17/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $165,000 -- $150 / 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 $3,068 $267,936 $41,555 $226,381
2023 $3,068 $257,535 $39,943 $217,592
2022 $2,973 $252,486 $39,160 $213,326
2021 $2,925 $247,537 $38,393 $209,144
2020 $2,902 $245,000 $38,000 $207,000
2019 $2,448 $205,530 $38,760 $166,770
2018 $2,037 $171,360 $30,600 $140,760
2017 $2,014 $168,000 $30,000 $138,000
2016 $1,210 $95,489 $21,218 $74,271
2015 $1,206 $94,056 $20,900 $73,156
2014 $1,156 $92,216 $20,492 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19215431

California Regional Multiple Listing Service (CRMLS)

APN: 446-320-011