NOT LISTED FOR SALE

671 Lanier St Hemet, CA 92543

Estimated Value: $476,314 - $493,000

4 Beds
4 Baths
2,160 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $219,900 $102 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,783/month

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Heating and Cooling System
  • Traditional Architecture
  • Cul-De-Sac
  • Wood Fence

About This Home

As of June 2016

Clean Duplex located on a cul de sac in Hemet. Units 2 has new flooring, paint and windows. Unit 1 also has newer carpet, paint and windows. Single story, both units have a small patio and private yard. Individual meters. Clean, good location, very good income units.

Last Agent to Sell the Property

Cathy Bates

NON-MEMBER/NBA or BTERM OFFICE License #00845396 Listed on: 04/04/2016

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

Esmeralda Sanchez

Honest Realty Group License #01706506

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2916
  • Assessor Parcel Number 447173009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,491
  • Water Sewer Expense $2,100
  • New Taxes Expense $1,539
  • Operating Expense $5,130
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 447173009
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 101.81
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 38.83

Multi Family

  • Average2 Bed Area: 1000
  • Gross Income: 1600.00
  • Gross Scheduled Income: 1600.00
  • Insurance Expense: 1491.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 5130.00

Tax Info

  • New Taxes Expense: 1539.00
  • Tax Lot: 3
  • Tax Tract Number: 2916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Walker Charles J and Walker Tommie A
Bought by
Walker Charles James and Walker Tommie
Current Estimated Value
$484,434

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 3, 2016
Sold by
Svenonius Eric and Jones Kori Sue
Bought by
Walker Charles J and Walker Tommie A
Seller's Agent
Cathy Bates
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Esmeralda Sanchez
Honest Realty Group
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$164,925
Outstanding Balance
$131,077
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$356,252

Purchase Details

Listed on
Jul 20, 2012
Closed on
Aug 21, 2012
Sold by
Lewis Frank D
Bought by
Svenonius Eric and Jones Kori Sue
Seller's Agent
Vivian Arias
Brubaker Culton R.E. & Dev.
Buyer's Agent
Cathy Bates
NON-MEMBER/NBA or BTERM OFFICE
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.79%
Original Mortgage
$90,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1999
Sold by
Frank Lewis
Bought by
Lewis Frank D
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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Purchase History

Date Buyer Sale Price Title Company
Walker Charles James -- None Available
Walker Charles J $220,000 First American Title Company
Svenonius Eric $120,000 Orange Coast Title Company
Lewis Frank D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Charles J $164,925
Previous Owner Svenonius Eric $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2016 06/17/16 Sold $219,900 0.0% $102 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $219,900 +83.3% $102 / Sq Ft
10/04/2012 10/04/12 Sold $120,000 +9.1% $56 / Sq Ft View Prior Sale
08/18/2012 08/18/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $110,000 -- $51 / 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 $2,983 $260,309 $41,428 $218,881
2023 $2,983 $250,203 $39,820 $210,383
2022 $2,891 $245,298 $39,040 $206,258
2021 $1,692 $139,381 $38,276 $101,105
2020 $2,822 $238,024 $37,883 $200,141
2019 $2,762 $233,358 $37,141 $196,217
2018 $2,678 $228,783 $36,414 $192,369
2017 $2,647 $224,298 $35,700 $188,598
2016 $1,543 $124,823 $20,801 $104,022
2015 $1,539 $122,950 $20,490 $102,460
2014 $1,473 $120,544 $20,090 $100,454
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cathy Bates

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image
  • Esmeralda Sanchez

    Buyer's Agent in 2016

    Esmeralda Sanchez

    Honest Realty Group

    (619) 865-8421

    60 Total Sales

    Esmeralda Sanchez
    Section Image
  • Vivian Arias

    Seller's Agent in 2012

    Vivian Arias

    Brubaker Culton R.E. & Dev.

    (951) 660-0502

    55 Total Sales

    Vivian Arias
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16069057

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-009

California Riverside County Hemet 92543

671 Lanier St, Hemet, CA

Not Listed for Sale

MultiFamily

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