NOT LISTED FOR SALE

609 Los Tilos Rd Hemet, CA 92543

Estimated Value: $659,000 - $719,000

6 Beds
6 Baths
3,382 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $360,000 $106 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,094/month

11 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • No HOA
  • Cul-De-Sac
  • Central Heating and Cooling System

About This Home

As of May 2017

BACK ON THE MARKET, BUYER DID NOT PERFORM. WOW, 3 GREAT SPACIOUS APARTMENTS IN HEMET THAT FEATURE 2 BEDROOMS AND 2 BATHROOMS EACH. UPPER UNIT HAS BALCONY. LOCATED IN THE SOUTH SIDE OF ACACIA, PERFECT FOR INVESTMENTS OR LIVE IN ONE AND RENT THE OTHERS.
4 DOOR GARAGE, ONE FOR EACH TENANT AS WELL AS A FOURTH FOR EXTRA STORAGE, INDOOR LAUNDRY, CUL-DE SAC AREA AND NEAR MAIN STREET. SEE PICTURES.

Last Agent to Sell the Property

AL CRESPO

Beechwood Realty License #01343208 Listed on: 02/20/2017

Last Buyer's Agent

ROGER STEINER

Access Homes License #00780681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 4 Car Garage

Home Design

  • Apartment
  • Shingle Roof

Interior Spaces

  • 3,382 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2962
  • Assessor Parcel Number 447173032

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $3,120
  • New Taxes Expense $4,234
  • Operating Expense $5,380
  • Gross Income $26,780
  • Net Operating Income $25,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,750

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3120.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 447173032
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 106.45
  • Room Type: Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 26780.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 80.00
  • Net Operating Income: 25820.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5380.00
  • Rent Control: No
  • Total Expenses: 5380.00

Tax Info

  • New Taxes Expense: 4234.00
  • Tax Census Tract: 434.03
  • Tax Lot: 11
  • Tax Tract Number: 2962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Lee Mariana G
Bought by
Lee Quang
Current Estimated Value
$697,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$257,023
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$440,433

Purchase Details

Listed on
Feb 20, 2017
Closed on
May 24, 2017
Sold by
Documentary Transfer Tax
Bought by
Barrera Gabriela
Seller's Agent
AL CRESPO
Beechwood Realty
Buyer's Agent
ROGER STEINER
Access Homes
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$200,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2017
Closed on
May 15, 2017
Sold by
Rodiguez Jorge
Bought by
Lee Quang
Seller's Agent
AL CRESPO
Beechwood Realty
Buyer's Agent
ROGER STEINER
Access Homes
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 30, 2014
Sold by
Morrison Kymberly Louise
Bought by
Morrison Brad
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Joanne Bragg
Independent Properties
List Price
$259,000
Sold Price
$270,000
Premium/Discount to List
$11,000
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$265,109
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 22, 2014
Sold by
Morrison Brad and Oakley David
Bought by
Rodriguez Jorge
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Joanne Bragg
Independent Properties
List Price
$259,000
Sold Price
$270,000
Premium/Discount to List
$11,000
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2010
Sold by
Zimmermann Frank and Zimmerman Frank
Bought by
Morrison Brad and Oakley David

Purchase Details

Closed on
Mar 22, 2004
Sold by
Martin David A and Martin Kathleen D
Bought by
Zimmerman Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2002
Sold by
Barber Conrad N and Barber Mary J
Bought by
Martin David A and Martin Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 1997
Sold by
Espinosa Greg J and Espinosa Jamie L
Bought by
Barber Conrad N and Barber Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1996
Sold by
Stone Thelma G
Bought by
Espinosa Greg J and Espinosa Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
7.25%
Mortgage Type
Commercial
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
Lee Quang -- Orange Coast Title Company
Barrera Gabriela -- Fidelity National Title Comp
Lee Quang $360,000 Fidelity National Title Comp
Morrison Brad -- Fidelity National Title
Oakley David -- Fidelity National Title
Rodriguez Jorge $270,000 Fidelity National Title
Morrison Brad $170,000 Chicago Title Inland Empire
Zimmerman Frank $420,000 Orange Coast Title Co
Martin David A $198,000 Orange Coast Title
Barber Conrad N $160,000 Commonwealth Land Title Co
Espinosa Greg J $130,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Quang $310,000
Closed Lee Quang $200,000
Previous Owner Rodriguez Jorge $265,109
Previous Owner Zimmerman Frank $315,000
Previous Owner Martin David A $148,500
Previous Owner Barber Conrad N $91,000
Previous Owner Espinosa Greg J $84,500
Closed Zimmerman Frank $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2017 05/30/17 Sold $360,000 -1.4% $106 / Sq Ft
04/03/2017 04/03/17 For Sale $365,000 0.0% $108 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $365,000 +35.2% $108 / Sq Ft
06/30/2014 06/30/14 Sold $270,000 +4.2% $80 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $259,000 -- $77 / 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 $4,750 $417,804 $40,617 $377,187
2023 $4,750 $401,583 $39,041 $362,542
2022 $4,602 $393,710 $38,276 $355,434
2021 $4,527 $385,991 $37,526 $348,465
2020 $4,482 $382,034 $37,142 $344,892
2019 $4,386 $374,544 $36,414 $338,130
2018 $4,251 $367,200 $35,700 $331,500
2017 $3,358 $285,181 $36,966 $248,215
2016 $3,254 $279,591 $36,242 $243,349
2015 $3,530 $275,394 $35,699 $239,695
2014 $2,155 $179,005 $21,058 $157,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17030076

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-032