NOT LISTED FOR SALE

5182 Lincoln Ave Hemet, CA 92544

Estimated Value: $518,000 - $604,000

3 Beds
2 Baths
1,786 Sq Ft
$319/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $555,000 $311 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,161/month

43 Days on Market

Highlights

  • Horse Property
  • No HOA
  • Horse Trails
  • Mountain View
  • Laundry Room
  • 4-minute walk to Bill Gray Park

About This Home

As of February 2024

FANTASTIC 2.33 Acres of HORSE PROPERTY in the heart of The City of Hemet ....... The VALUE IS IN THE LAND AND LOCATION!!! 100% FLAT! ATTENTION DEVELOPERS . . . . Check with the City to confirm that this property is sub-dividable! Main home was remodeled @ 2012-2013 and offers 3bd/2ba, over 1786 sq ft of living space, front porch entrance, light/bright living rm w/fireplace, dining area, huge kitchen w/center island, upgraded cabinetry and granite counters. Inside laundry. All three bedrooms are very spacious w/ample closet space. The land offers a work shop plus a garage/barn of approximately 45'x55' that can be used for storing your cars or run your business from (check with the city) Endless possibilities. Electric front gate entrance, property is Fenced and cross fenced Near schools and close to shopping! Home faces South with a Northern view of the mountains. Very unique and difficult to find! Exterior of home needs paint in areas and TLC but can easily be FHA approved ! LOCATION! LOCATION! LOCATION!

Last Agent to Sell the Property

Richard Furstenberg

Furstenberg Realty License #01181680 Listed on: 12/08/2023

Last Buyer's Agent

Manuel Lomelin

Keller Williams High Desert License #02023184

Keller Williams High Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,145

Year Built

  • Built in 2011

Lot Details

  • 2.33 Acre Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1
  • Assessor Parcel Number 551190074
  • $52 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,145

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 551190074
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1786.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 310.75
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property
  • Lot Size Sq Ft: 101495.00
  • Lot Size Acres: 2.3300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 101495.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 437.02
  • Tax Lot: 4
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 11, 2024
Sold by
Chia Marlem
Bought by
Recinos Julio Cesar
Seller's Agent
Richard Furstenberg
Furstenberg Realty
Buyer's Agent
Manuel Lomelin
Keller Williams High Desert
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
163
Current Estimated Value
$569,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,870
Avg. Annual Appreciation
1.55%
Original Mortgage
$538,350
Outstanding Balance
$528,307
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$41,563

Purchase Details

Closed on
Sep 17, 2011
Sold by
Cannom Doreen E
Bought by
Rezai Mahmoud
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
Recinos Julio Cesar -- None Listed On Document
Recinos Julio Cesar $555,000 First American Title
Rezai Mahmoud -- First American Title
Rezai Mahmoud $110,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recinos Julio Cesar $538,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $555,000 +0.9% $311 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $550,000 -0.9% $308 / Sq Ft
01/12/2024 01/12/24 Off Market $555,000 -- --
12/08/2023 12/08/23 For Sale $550,000 -- $308 / 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 $2,145 $566,099 $169,832 $396,267
2023 $2,145 $188,457 $84,504 $103,953
2022 $2,073 $184,763 $82,848 $101,915
2021 $2,037 $181,141 $81,224 $99,917
2020 $2,022 $179,285 $80,392 $98,893
2019 $1,977 $175,770 $78,816 $96,954
2018 $1,915 $172,324 $77,271 $95,053
2017 $1,329 $119,044 $75,756 $43,288
2016 $1,318 $116,711 $74,271 $42,440
2015 $1,313 $114,959 $73,156 $41,803
2014 $1,254 $112,709 $71,724 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23223511

California Regional Multiple Listing Service (CRMLS)

APN: 551-190-074