NOT LISTED FOR SALE

640 Rainier Way Hemet, CA 92543

Panorama Village Neighborhood

Estimated Value: $341,000 - $369,999

2 Beds
2 Baths
1,483 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $325,000 $219 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,311/month

28 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • Bonus Room
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of April 2023

Here is one of the nicest models in Panorama Village, This home has 2 big bedrooms. It also has the extra large very private craft room/man or woman cave. There is also the extended back room for even more space (really the best model in the community). The home is spotless inside and out and ready for the new owners. Easy to work in kitchen and a very big living room. Plenty of storage and a 2 car garage. Don't miss this home.

LOW TAXES
LOW HOA

Here is a list of just some of the amenities. Golf/Pool/Spa/BBQ/Shuffleboard/Billiards/Library/Gym and so much more..

Last Agent to Sell the Property

George Williams

Coldwell Banker Assoc Brkr-SC License #01451882 Listed on: 03/07/2023

Coldwell Banker Assoc Brkr-SC

Co-Listed By

Jessica Terpstra

Coldwell Banker Assoc Brkr-SC License #01982979

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1967

Lot Details

  • 6,534 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2390
  • Assessor Parcel Number 442172007
  • $115 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Card Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,856

Year Built

Built in 1967

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 442172007
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1483.00 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: 219.15
  • Room Type: Bonus Room, Kitchen, Laundry

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Golf Course, Gym/Ex Room, Clubhouse, Billiard Room, Card Room
  • Association Fee: 120.00
  • Association Fee Frequency: Monthly
  • Association Name: Panorama Village
  • Phone: 951-658-1832
  • Senior Community: Yes
  • Community Features: Curbs, Golf, Park, Sidewalks
  • Association Management: panorama

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.04
  • Tax Lot: 7
  • Tax Tract Number: 2390
  • TaxOtherAnnualAssessmentAmount: 115.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 20, 2023
Sold by
Rutledge Living Trust
Bought by
Henion Bruce Wayne
Seller's Agent
George Williams
Coldwell Banker Assoc Brkr-SC
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$325,000
Sold Price
$325,000
Views
40
Current Estimated Value
$351,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
Avg. Annual Appreciation
3.29%
Original Mortgage
$325,000
Outstanding Balance
$316,303
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$34,697

Purchase Details

Closed on
Apr 20, 2006
Sold by
Rutledge William L and Rutledge Raine F
Bought by
Rutledge William L and Rutledge Raine F

Purchase Details

Closed on
Jul 16, 1998
Sold by
Vankirk B Jane
Bought by
Rutledge William L and Rutledge Raine F
Source: Public Records

Range of Values:

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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
Henion Bruce Wayne $325,000 Wfg National Title
Rutledge William L -- None Available
Rutledge William L $93,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henion Bruce Wayne $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $325,000 0.0% $219 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $325,000 0.0% $219 / Sq Ft
03/09/2023 03/09/23 Off Market $325,000 -- --
03/07/2023 03/07/23 For Sale $325,000 -- $219 / 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 $3,856 $338,130 $31,212 $306,918
2023 $3,856 $140,107 $37,657 $102,450
2022 $1,596 $137,361 $36,919 $100,442
2021 $1,570 $134,669 $36,196 $98,473
2020 $1,560 $133,289 $35,825 $97,464
2019 $1,527 $130,676 $35,123 $95,553
2018 $1,481 $128,115 $34,435 $93,680
2017 $1,463 $125,604 $33,760 $91,844
2016 $1,451 $123,143 $33,099 $90,044
2015 $1,446 $121,295 $32,602 $88,693
2014 $1,384 $118,920 $31,964 $86,956
Source: Public Records

Agents Affiliated with this Home

  • George Williams

    Seller's Agent in 2023

    George Williams

    Coldwell Banker Assoc Brkr-SC

    (951) 692-1307

    2 in this area

    247 Total Sales

    George Williams
    Section Image
  • Jessica Terpstra

    Seller Co-Listing Agent in 2023

    Jessica Terpstra

    Coldwell Banker Assoc Brkr-SC

    (714) 883-8885

    2 in this area

    246 Total Sales

    Jessica Terpstra
    Section Image

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,885 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23038121

California Regional Multiple Listing Service (CRMLS)

APN: 442-172-007

California Riverside County Hemet 92543 Panorama Village

640 Rainier Way, Hemet, CA

This home is located at 640 Rainier Way, Hemet, CA 92543 since 07 March 2023 and is currently estimated at $351,000, approximately $236 per square foot. This property was built in 1967. 640 Rainier Way 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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