NOT LISTED FOR SALE

5574 Lincoln Ave Hemet, CA 92544

Estimated Value: $533,298 - $574,000

4 Beds
2.5 Baths
2,295 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $467,000 $203 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,489/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Bamboo Flooring
  • Bonus Room
  • Panoramic View
  • Modern Architecture
  • No HOA

About This Home

As of July 2021

Lincoln Ave is a stunning 2 story home with 4 bedrooms 2.5 bathrooms. As you enter the home you will be pleased to see the cathedral ceilings and open space the home offers. New carpet throughout, formal living and dining room, ample family room and there is also a flex room that can be used as a 5th bedroom, den or play room. The kitchen is spacious and bright with tons of cupboard space, center island, quartz counter tops and walk in pantry. All bedrooms are upstairs, master bedroom has a balcony the length of the home with French doors and offers amazing views of mountains. walk in master closet with separate tub and shower. The backyard boasts RV parking with gate, covered patio and an abundance of fruit trees like peach, passion fruit, fig, mulberry, pomegranate, (2) lemon trees, (2) goji berry and blackberry. Awesome home !!!!

Last Agent to Sell the Property

Sarah Crane

Feigen Realty Group License #01356037 Listed on: 06/24/2021

Last Buyer's Agent

Robert Childers

Real Broker License #02052664

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 2000

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,295 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Family Room Off Kitchen
  • Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Corian Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 28555
  • Assessor Parcel Number 551512023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,659

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, Refrigerator, Washer, Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 551512023
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2295.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Corian Counters, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 203.49
  • Room Type: All Bedrooms Up, Bonus Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub, Corian Counters, Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Corian Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Patio, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, RV Access/Parking, RV Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

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: 53
  • Tax Tract Number: 28555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 2, 2021
Sold by
Lui Chun Chung
Bought by
Merrifield Todd Allen and Merrifield Hom Lo
Seller's Agent
Sarah Crane
Feigen Realty Group
Buyer's Agent
Robert Childers
Real Broker
List Price
$425,000
Sold Price
$467,000
Premium/Discount to List
$42,000
9.88%
Current Estimated Value
$554,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,825
Avg. Annual Appreciation
4.27%
Original Mortgage
$367,000
Outstanding Balance
$333,717
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$221,108

Purchase Details

Closed on
Feb 19, 2009
Sold by
Hunt Rebecca
Bought by
Lui Chun Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2009
Sold by
Us Bank National Association
Bought by
Lui Chun Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2008
Sold by
Davis James B and Davis Phyllis
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 9, 2006
Sold by
Boy Lee and Boy Maria Jasmin
Bought by
Davis James B and Davis Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Boy Lee and Boy Maria Jasmin
Bought by
Boy Lee and Boy Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2001
Sold by
Hpr Homes Llc
Bought by
Boy Lee and Boy Maria Jasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,949
Interest Rate
6.99%
Mortgage Type
VA
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
Merrifield Todd Allen $467,000 Wfg National Title Co Of Ca
Lui Chun Chung -- Orange Coast Title Lender Se
Lui Chun Chung $158,000 Orange Coast Title Lender Se
Us Bank National Association $191,000 Accommodation
Davis James B $400,500 Chicago Title
Boy Lee -- Stewart Title Guaranty
Boy Lee $169,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrifield Todd Allen $367,000
Previous Owner Lui Chun Chung $126,400
Previous Owner Davis James B $380,000
Previous Owner Boy Lee $270,000
Previous Owner Boy Lee $40,000
Previous Owner Boy Lee $177,054
Previous Owner Boy Lee $171,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $467,000 +9.9% $203 / Sq Ft
06/24/2021 06/24/21 For Sale $425,000 -- $185 / 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 $5,659 $495,583 $42,448 $453,135
2023 $5,659 $476,340 $40,800 $435,540
2022 $5,468 $467,000 $40,000 $427,000
2021 $2,218 $187,954 $77,321 $110,633
2020 $2,191 $186,028 $76,529 $109,499
2019 $2,142 $182,381 $75,029 $107,352
2018 $2,075 $178,806 $73,559 $105,247
2017 $2,041 $175,301 $72,117 $103,184
2016 $2,023 $171,864 $70,703 $101,161
2015 $2,014 $169,285 $69,642 $99,643
2014 $1,923 $165,971 $68,279 $97,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21136929

California Regional Multiple Listing Service (CRMLS)

APN: 551-512-023