NOT LISTED FOR SALE

5550 Lincoln Ave Hemet, CA 92544

Estimated Value: $557,000 - $614,157

5 Beds
4 Baths
2,921 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $368,500 $126 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,617/month

11 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Bonus Room
  • Primary Bedroom Suite
  • Retreat
  • Lawn

About This Home

As of April 2020

Wonderful 5 bedroom 4 bath family home with beautiful views of the mountains from the gorgeous backyard with inground pool & spa. This 2 story home also features 3 car garage, first level bedroom, bath & laundry room. 2nd level features 4 bedrooms including a spacious master suite & retreat area with master bath that has jacuzzi tub/shower & large walk-in closet. Additionally, the second level boasts 2 more bathrooms along with large bonus room for family gatherings.
Also new super-efficient top of the line Carrier Infinity Heating and Cooling systems with one system for upstairs and one system for downstairs along with newer Milgard high efficiency dual glazed vinyl windows throughout.
Backyard also has mature fruit trees, retractable patio cover, large garden shed & built-in pergola.
Don't miss the opportunity to live in this lovely home with access to shopping & restaurants close by.

Last Agent to Sell the Property

Kim Turley

RE/MAX ADVANTAGE License #01398817 Listed on: 02/16/2020

RE/MAX ADVANTAGE

Last Buyer's Agent

Andre Mejia

Connect Realty Inc License #01972455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,633

Year Built

  • Built in 2000

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,921 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Mountain Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 28555
  • Assessor Parcel Number 551512026

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,633

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 551512026
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2921.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 126.16
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Retreat, Walk-In Pantry

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.75166800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 437.02
  • Tax Lot: 56
  • Tax Tract Number: 28555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2020
Closed on
Mar 11, 2020
Sold by
Gibson Randy M and Gibson Pamela L
Bought by
Chatman Deanay
Seller's Agent
Kim Turley
RE/MAX ADVANTAGE
Buyer's Agent
Andre Mejia
Connect Realty Inc
List Price
$368,500
Sold Price
$368,500
Current Estimated Value
$594,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,539
Avg. Annual Appreciation
9.26%
Original Mortgage
$361,825
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2006
Sold by
Gibson Randy M and Gibson Pamela L
Bought by
Gibson Randy M and Gibson Pamela L

Purchase Details

Closed on
Jun 30, 2000
Sold by
Hpr Homes Llc
Bought by
Gibson Randy M and Gibson Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,950
Interest Rate
7.54%
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
Chatman Deanay $368,500 Lawyers Title Ie
Gibson Randy M -- None Available
Gibson Randy M $190,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chatman Latisha $27,618
Open Chatman Latisha Deanay $455,986
Closed Chatman Latisha Deanay $456,196
Closed Chatman Latisha Deanny $364,103
Closed Chatman Deanay $361,825
Previous Owner Gibson Randy M $153,131
Previous Owner Gibson Randy M $129,923
Previous Owner Gibson Randy M $151,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $368,500 0.0% $126 / Sq Ft
02/16/2020 02/16/20 For Sale $368,500 -- $126 / 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 $4,633 $403,004 $43,743 $359,261
2023 $4,633 $387,357 $42,046 $345,311
2022 $4,477 $379,763 $41,222 $338,541
2021 $4,399 $372,317 $40,414 $331,903
2020 $3,255 $279,670 $48,209 $231,461
2019 $3,181 $274,187 $47,264 $226,923
2018 $3,081 $268,812 $46,339 $222,473
2017 $3,035 $263,542 $45,431 $218,111
2016 $3,010 $258,376 $44,541 $213,835
2015 $2,998 $254,497 $43,873 $210,624
2014 $2,732 $238,000 $41,000 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20034673

California Regional Multiple Listing Service (CRMLS)

APN: 551-512-026