Estimated Value: $242,000 - $356,000
2
Beds
2
Baths
1,380
Sq Ft
$216/Sq Ft
Est. Value
About This Home
This home is located at 540 Palmer Dr, Hemet, CA 92543 and is currently estimated at $298,586, approximately $216 per square foot. 540 Palmer Dr is a home located in Riverside County with nearby schools including McSweeny Elementary School, Diamond Valley Middle School, and West Valley High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2024
Sold by
Palmer Gerald Douglas and Palmer Sandra Sue
Bought by
Palmer Revocable Living Trust and Palmer
Current Estimated Value
Purchase Details
Closed on
Jun 24, 1999
Sold by
Tessendorf Myron M and Tessendorf Margaret S
Bought by
Palmer Gerald Douglas and Palmer Sandra Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 1994
Sold by
Darnall Samme G
Bought by
Tessendorf Myron M and Tessendorf Margaret S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.65%
Mortgage Type
Seller Take Back
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palmer Revocable Living Trust | -- | None Listed On Document | |
| Palmer Gerald Douglas | $65,000 | First American Title Co | |
| Tessendorf Myron M | $50,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palmer Gerald Douglas | $58,500 | |
| Previous Owner | Tessendorf Myron M | $40,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,123 | $99,873 | $30,724 | $69,149 |
| 2023 | $1,123 | $95,997 | $29,532 | $66,465 |
| 2022 | $1,089 | $94,115 | $28,953 | $65,162 |
| 2021 | $1,071 | $92,271 | $28,386 | $63,885 |
| 2020 | $1,073 | $91,325 | $28,095 | $63,230 |
| 2019 | $1,050 | $89,536 | $27,545 | $61,991 |
| 2018 | $1,019 | $87,781 | $27,006 | $60,775 |
| 2017 | $1,006 | $86,061 | $26,477 | $59,584 |
| 2016 | $998 | $84,374 | $25,958 | $58,416 |
| 2015 | $994 | $83,109 | $25,569 | $57,540 |
| 2014 | $952 | $81,483 | $25,069 | $56,414 |
Source: Public Records
Map
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