NOT LISTED FOR SALE

690 Lanier St Hemet, CA 92543

Estimated Value: $404,175 - $514,000

2 Beds
2 Baths
2,100 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 08, 2013

Last sale price $185,000 $88 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,669/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Dressing Area
  • No HOA
  • Laundry Room
  • Tile Flooring

About This Home

As of October 2013

Attractive, clean duplex that is turnkey! Situated on a large corner lot with easy care landscaping. New roof and new plumbing are two desireable features. The property offers central heat and airconditioning with newer a/c compressors. Interiors feature tile flooring, one unit with new carpet and new range. The master bathrooms each have a large dressing area and stall showers.The secondary bedrooms offer walk in closets. Each unit comes with a one car garage and private back patios. Shared laundry room offers room for each tenant to have their own machines. Previously rented at $875 per unit.

Last Agent to Sell the Property

Loni Vogler

Vogler Feigen Realty License #01259246 Listed on: 09/04/2013

Last Buyer's Agent

Leah Lord

Vogler Feigen Realty License #01843018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dressing Area
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 9
  • Tax Tract Number 2916
  • Assessor Parcel Number 447173014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,768
  • Gross Income $1,700
  • Net Operating Income $1,590

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 447173014
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 88.10
  • Room Type: Dressing Area, Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Free-Standing Range, Disposal
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1050
  • Electric Expense: 150.00
  • Gross Income: 1700.00
  • Gross Scheduled Income: 1700.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 1590.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 110.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1768.00
  • Tax Lot: 9
  • Tax Tract Number: 2916
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 20, 2013
Sold by
Lancaster Sandra K
Bought by
American Estate & Trust Lc
Seller's Agent
Loni Vogler
Vogler Feigen Realty
Buyer's Agent
Leah Lord
Vogler Feigen Realty
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$471,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,915
Avg. Annual Appreciation
7.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
American Estate & Trust Lc $185,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2013 10/08/13 Sold $185,000 0.0% $88 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $185,000 -- $88 / 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 $2,622 $226,772 $42,899 $183,873
2023 $2,622 $217,968 $41,234 $176,734
2022 $2,544 $213,695 $40,426 $173,269
2021 $2,503 $209,506 $39,634 $169,872
2020 $2,487 $207,359 $39,228 $168,131
2019 $2,435 $203,294 $38,459 $164,835
2018 $2,362 $199,308 $37,705 $161,603
2017 $2,334 $195,401 $36,966 $158,435
2016 $2,318 $191,571 $36,242 $155,329
2015 $2,311 $188,696 $35,699 $152,997
2014 $2,211 $185,000 $35,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HM13179338

California Regional Multiple Listing Service (CRMLS)

APN: 447-173-014