NOT LISTED FOR SALE

540 S Lyon Ave Hemet, CA 92543

Panorama Village Neighborhood

Estimated Value: $254,000 - $292,000

2 Beds
2 Baths
1,044 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $270,000 $259 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,880/month

57 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • 1 Car Attached Garage
  • Senior Community
  • Community Pool
  • Laundry Room

About This Home

As of April 2022

RETIRE IN STYLE AT PANORAMA VILLAGE, A 55+ SENIOR GOLF COMMUNITY! 9-HOLE EXECUTIVE GOLF COURSE! CLUBHOUSE! MULTIPLE POOLS! ALL THE AMMENITIES OF AN ACTIVE SENIOR COMMUNITY! THIS IS THE ONE YOU HAVE BEEN WAITING FOR! 2BR 2 BA WITH A LARGE ENCLOSED PATIO, AND LOW MAINTENACE BACKYARD! REHABBED AND COMPLETE INTERIOR! NEW KITCHEN AND NEW BATHROOMS! FUNCTIONAL FLOORPLAN! MODERN LOOK! DO NOT DELAY! SCHEDULE AN EXCLUSIVE SHOWING TODAY!

Last Agent to Sell the Property

Tyler Culton

Brubaker Culton R.E. & Dev. License #01763189 Listed on: 01/20/2022

Last Buyer's Agent

Hector Gutierrez

NON-MEMBER/NBA or BTERM OFFICE License #02141480

NON-MEMBER/NBA or BTERM OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1962

Lot Details

  • 3,920 Sq Ft Lot
  • Front Yard
  • Property is zoned R1

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2363
  • Assessor Parcel Number 442211018
  • $112 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • Panorama Village Association, Phone Number (951) 658-1832

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,267

Year Built

Built in 1962

Lot Details

0

HOA Fees

$95 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 442211018
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1044.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 258.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Golf Course, Clubhouse
  • Association Fee: 95.00
  • Association Fee Frequency: Monthly
  • Association Name: PANORAMA VILLAGE
  • Phone: (951) 658-1832
  • Senior Community: Yes
  • Community Features: Sidewalks
  • Association Management: PANORAMA VILLAGE

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.04
  • Tax Lot: 18
  • Tax Tract Number: 2363
  • TaxOtherAnnualAssessmentAmount: 112.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 28, 2022
Sold by
Monterra Strategic Investment Fund Inc
Bought by
Scarborough Gail
Seller's Agent
Tyler Culton
Brubaker Culton R.E. & Dev.
Buyer's Agent
Hector Gutierrez
NON-MEMBER/NBA or BTERM OFFICE
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Current Estimated Value
$277,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,630
Avg. Annual Appreciation
0.84%
Original Mortgage
$276,210
Outstanding Balance
$258,795
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$18,835

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 20, 2021
Sold by
Bush Kevin
Bought by
Monterra Strategic Investment Fund Inc
Seller's Agent
Frank Young
Brubaker Culton R.E. & Dev.
Buyer's Agent
Tyler Culton
Brubaker Culton R.E. & Dev.
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.97%
Original Mortgage
$190,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 17, 2021
Sold by
Rangel Natasha L and Estate Of Mary Ann Simmons
Bought by
Bush Kevin
Seller's Agent
Frank Young
Brubaker Culton R.E. & Dev.
Buyer's Agent
Tyler Culton
Brubaker Culton R.E. & Dev.
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2008
Sold by
Simmons Earl and Simmons Mary Ann
Bought by
Simmons Earl and Simmons Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.38%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Frazier Jeff A
Bought by
Simmons Earl and Simmons Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,686
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2001
Sold by
Bush Kevin
Bought by
Monterra Strategic Inv Fund In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.98%
Mortgage Type
New Conventional
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
Scarborough Gail $270,000 Orange Coast Title
Monterra Strategic Investment Fund Inc -- Orange Coast Title Company
Bush Kevin $195,000 Orange Coast Title Company
Simmons Earl -- Ticor Title Company Of Ca
Simmons Earl $85,000 Lawyers Title Company
Monterra Strategic Inv Fund In -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Gail $276,210
Previous Owner Monterra Strategic Investment Fund Inc $190,000
Previous Owner Simmons Earl $180,000
Previous Owner Simmons Earl A $55,000
Previous Owner Simmons Earl $83,686
Previous Owner Monterra Strategic Inv Fund In $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $270,000 0.0% $259 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/17/2022 03/17/22 Off Market $270,000 -- --
03/04/2022 03/04/22 Price Changed $269,000 -6.9% $258 / Sq Ft
01/20/2022 01/20/22 For Sale $289,000 +48.2% $277 / Sq Ft
12/13/2021 12/13/21 Sold $195,000 0.0% $187 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/28/2021 10/28/21 Off Market $195,000 -- --
10/21/2021 10/21/21 For Sale $185,000 -- $177 / 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 $3,267 $286,525 $31,836 $254,689
2023 $3,267 $275,400 $30,600 $244,800
2022 $3,285 $250,000 $62,000 $188,000
2021 $96 $113,662 $40,931 $72,731
2020 $112 $112,498 $40,512 $71,986
2019 $112 $110,293 $39,718 $70,575
2018 $112 $108,129 $38,939 $69,190
2017 $112 $106,010 $38,176 $67,834
2016 $112 $103,932 $37,428 $66,504
2015 $112 $102,373 $36,867 $65,506
2014 $112 $100,370 $36,146 $64,224
Source: Public Records

Agents Affiliated with this Home

  • Tyler Culton

    Seller's Agent in 2022

    Tyler Culton

    Brubaker Culton R.E. & Dev.

    (951) 658-7211

    2 in this area

    74 Total Sales

    Tyler Culton
    Section Image

  • H

    Buyer's Agent in 2022

    Hector Gutierrez

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • F

    Seller's Agent in 2021

    Frank Young

    Brubaker Culton R.E. & Dev.

    (951) 317-0400

    1 in this area

    70 Total Sales

    Frank Young
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22012185

California Regional Multiple Listing Service (CRMLS)

APN: 442-211-018

California Riverside County Hemet 92543 Panorama Village

540 S Lyon Ave, Hemet, CA

This home is located at 540 S Lyon Ave, Hemet, CA 92543 since 20 January 2022 and is currently estimated at $277,630, approximately $265 per square foot. This property was built in 1962. 540 S Lyon Ave is a home located in Riverside County with nearby schools including Whittier Elementary School, Diamond Valley Middle School, and West Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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