NOT LISTED FOR SALE

628 E Latham Ave Hemet, CA 92543

Weston Park Neighborhood

Estimated Value: $293,636 - $355,000

2 Beds
1 Bath
1,448 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $146,000 $101 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,936/month

57 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 1-minute walk to Weston Park
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of December 2014

WONDERFUL INVESTMENT OPPORTUNITY IN Central Hemet:Each unit has 2 Bed Rooms, 1 Bath ,family room, dining area, kitchen, laundry hook ups, and Garage . Fantastic Opportunity for the investor and first time buyer.Each unit has a private garage and separate electric ,gas and water meters. Also each home has a separate address. Walking distance to Elementary School, Park, and Police Station, close to Hemet Mall and other shopping stores and restaurants.
Tenants pays for all the services.

Last Agent to Sell the Property

Fred Jimenez

Century 21 Experience License #01232030 Listed on: 10/04/2014

Last Buyer's Agent

Gene Sais

REALTY ONE GROUP HOMELINK License #00852442

REALTY ONE GROUP HOMELINK

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 443216010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 443216010
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 100.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 1500.00
  • Insurance Expense: 500.00
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.25
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
Oct 24, 2014
Sold by
Garcia Margarita
Bought by
Burns John Christopher and Burns Melissa Noell
Seller's Agent
Fred Jimenez
Century 21 Experience
Buyer's Agent
Gene Sais
REALTY ONE GROUP HOMELINK
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Current Estimated Value
$337,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,659
Avg. Annual Appreciation
7.83%
Original Mortgage
$109,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2012
Sold by
Garcia Luis
Bought by
Garcia Margarita

Purchase Details

Closed on
Aug 13, 2010
Sold by
Gronlund Steven
Bought by
Garcia Luis

Purchase Details

Closed on
Jun 14, 2005
Sold by
Gronlund Gina
Bought by
Gronlund Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 2004
Sold by
Gronlund Steve C
Bought by
Latham Land Trust

Purchase Details

Closed on
Oct 17, 2002
Sold by
Gronlund Gina
Bought by
Gronlund Steve

Purchase Details

Closed on
Aug 13, 2002
Sold by
Grunstein Robert
Bought by
Gronlund Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2000
Sold by
Collins Vickie S
Bought by
Collins Ii Hamilton P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
8.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2000
Sold by
Collins Hamilton P
Bought by
Grunstein Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
8.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Burns John Christopher $146,000 Title 365
Garcia Margarita -- Accommodation
Garcia Luis $100,000 None Available
Gronlund Steve -- New Century Title
Gronlund Steve -- New Century Title
Latham Land Trust -- --
Gronlund Steve $129,000 New Century Title Company
Gronlund Steve $129,000 New Century Title Company
Collins Ii Hamilton P -- First American Title Co
Grunstein Robert $65,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns John Christopher $109,500
Previous Owner Gronlund Steve $262,500
Previous Owner Gronlund Steve $116,100
Previous Owner Grunstein Robert $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $146,000 -2.6% $101 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $149,900 -- $104 / 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 $2,052 $175,460 $36,051 $139,409
2023 $2,052 $168,649 $34,651 $133,998
2022 $1,992 $165,343 $33,972 $131,371
2021 $1,960 $162,102 $33,306 $128,796
2020 $1,952 $160,441 $32,965 $127,476
2019 $1,911 $157,296 $32,319 $124,977
2018 $1,855 $154,213 $31,687 $122,526
2017 $1,834 $151,190 $31,066 $120,124
2016 $1,821 $148,226 $30,457 $117,769
2015 $1,816 $146,000 $30,000 $116,000
2014 $1,303 $104,405 $20,902 $83,503
Source: Public Records

Agents Affiliated with this Home

  • Fred Jimenez

    Seller's Agent in 2014

    Fred Jimenez

    Century 21 Experience

    (714) 936-9293

    26 Total Sales

    Fred Jimenez
    Section Image
  • Gene Sais

    Buyer's Agent in 2014

    Gene Sais

    REALTY ONE GROUP HOMELINK

    (951) 259-1320

    34 Total Sales

    Gene Sais
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14213698

California Regional Multiple Listing Service (CRMLS)

APN: 443-216-010

California Riverside County Hemet 92543 Weston Park

628 E Latham Ave, Hemet, CA

Not Listed for Sale

MultiFamily

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