NOT LISTED FOR SALE

661 Lanier St Hemet, CA 92543

Estimated Value: $625,000 - $675,000

2 Beds
2 Baths
3,012 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $650,000 $216 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,588/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating
  • Cul-De-Sac
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2024

Good looking Triplex, Nice floorplans, Unit #661 is 2 Bed, 2 Bath--Unit 663 is 2 Bed 2 Bath and Unit 665 is 2 Bed 1 1/2 Bath. All units are mostly tile floors, have Central heating and air conditioning, small backyards and carports. There is a separate building that serves as a laundry room and storage. The laundry machines are included in the purchase and produce about $200-$300 extra income for the owner per month. The rents are low compared to what they could be. Currently $890, $975, & $975. Great long term tenants, all on Month-to-Month Rental Agreements. These units are highly desirable because they are located at the end of a quiet cul-de-sac street. That means they are quiet, with very little traffic by cars or people and it feels safer than you would expect. This property is priced to sell quickly.

Last Agent to Sell the Property

Frank Leigh

FRANK LEIGH Brokerage Phone: 951-500-4410 License #01459588 Listed on: 05/06/2024

Last Buyer's Agent

Shawn Shahi

People's Properties License #01294784

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Cul-De-Sac

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,012 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2916
  • Assessor Parcel Number 447173010
  • $118 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Fuel Expense $439
  • Insurance Expense $1,285
  • Trash Expense $752
  • Water Sewer Expense $3,710
  • Operating Expense $6,436
  • Gross Income $34,080
  • Net Operating Income $27,644

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0.26 Acres

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3710.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 447173010
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 215.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 752.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600
  • Latitude Manual: 33.73748200

Multi Family

  • Electric Expense: 250.00
  • Fuel Expense: 439.00
  • Gross Income: 34080.00
  • Gross Scheduled Income: 34080.00
  • Insurance Expense: 1285.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 27644.00
  • 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: 6436.00
  • Rent Control: Yes
  • Total Expenses: 6436.00

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 5
  • Tax Tract Number: 2916
  • TaxOtherAnnualAssessmentAmount: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
May 24, 2024
Sold by
Guzman Anabel
Bought by
Islas Fortino Guzman
Seller's Agent
Frank Leigh
FRANK LEIGH
Buyer's Agent
Shawn Shahi
People's Properties
List Price
$650,000
Sold Price
$650,000
Views
9
Current Estimated Value
$645,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,962
Avg. Annual Appreciation
-0.46%
Original Mortgage
$487,500
Outstanding Balance
$481,095
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$163,943

Purchase Details

Listed on
May 6, 2024
Closed on
May 21, 2024
Sold by
Yerkey Linda
Bought by
Gusman Fortino and Islas Fortino Guzman
Seller's Agent
Frank Leigh
FRANK LEIGH
Buyer's Agent
Shawn Shahi
People's Properties
List Price
$650,000
Sold Price
$650,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$481,095
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$163,943

Purchase Details

Closed on
Jul 23, 2013
Sold by
Yerkey Linda R
Bought by
Yerkey Linda

Purchase Details

Closed on
Aug 3, 2005
Sold by
Yerkey Helen R
Bought by
Yerkey Helen R

Purchase Details

Closed on
Dec 21, 2004
Sold by
Tojino Amelia J and Tojino Ernesto C
Bought by
Yerkey Helen R and Yerkey Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2003
Sold by
Obryant David and Obryant Rhonda
Bought by
Tojino Ernesto C and Tojino Amelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1998
Sold by
Estrada Joseph C and Estrada Andranette L
Bought by
Obryant David and Obryant Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.93%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Islas Fortino Guzman -- Ticor Title
Gusman Fortino $650,000 Ticor Title
Yerkey Linda -- None Available
Yerkey Helen R -- --
Yerkey Helen R $420,000 First American Title Co
Tojino Ernesto C $315,000 Stewart Title Company
Obryant David $10,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gusman Fortino $487,500
Previous Owner Yerkey Helen R $220,000
Previous Owner Tojino Ernesto C $220,500
Previous Owner Obryant David $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $650,000 0.0% $216 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $650,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,302 $663,000 $102,000 $561,000
2023 $3,302 $276,728 $54,005 $222,723
2022 $3,200 $271,303 $52,947 $218,356
2021 $3,148 $265,984 $51,909 $214,075
2020 $3,122 $263,257 $51,377 $211,880
2019 $3,055 $258,096 $50,370 $207,726
2018 $2,963 $253,036 $49,383 $203,653
2017 $2,928 $248,075 $48,415 $199,660
2016 $2,907 $243,212 $47,466 $195,746
2015 $2,899 $239,560 $46,754 $192,806
2014 $2,771 $234,869 $45,839 $189,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24090696

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-010

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