NOT LISTED FOR SALE

704 Lorraine Ln Hemet, CA 92543

Estimated Value: $457,000 - $473,000

3 Beds
2 Baths
1,486 Sq Ft
$313/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $438,000 $295 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,855/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Private Yard
  • Open Floorplan
  • Sun or Florida Room
  • No HOA

About This Home

As of September 2023

Don't Miss on This One...! Location! Location! Location!... Amazing Property with more than quarter of an acre lot and Unbelievable Potential...located on small cul-de-sac, in a highly desirable, very nice, quit area of Hemet. Absolutely charming, clean and spacious, single story home, where you will very much enjoy it's open floor plan, with inviting family room w/ fireplace, dining room w/ built-in cabinetry for your glassware and china, and nice/bright Sun room w/ large windows and sliding doors on both sites of the room. Additional side Drive way for your RV -boat parking; Self standing/ detached workshop with water and electricity, that can be easily converted back to garage, if needed; and plenty of storage space for you. This Huge, nice back yard w/fenced area for dogs to run, is ready for you to make your own, cozy paradise. Landscape with very low maintenance/ saving on water usage.
Area with No HOA and Very Low Tax. Property is conveniently located to 215, 10 and 60 Freeways; close to shopping, markets, dining, schools, and public "Seven Hills" Golf course. Definitely it's a Must see property!!!

Last Agent to Sell the Property

Maria Petricko

Realty ONE Group Southwest License #01749649 Listed on: 08/18/2023

Realty ONE Group Southwest

Last Buyer's Agent

Jonathan Fisher

Real Broker License #02002627

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Wire Fence
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Parking Lot
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Planned Development
  • Fire Rated Drywall
  • Wood Roof
  • Stucco

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6695
  • Assessor Parcel Number 446205028
  • $118 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,062

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 446205028
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1486.00 Square Feet
  • Interior Amenities: Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 294.75
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Sun
  • Window Features: Blinds
  • Bathroom Features: Shower, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Storage
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wire, Wood
  • Pool Private: No
  • Roof: Wood
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage Faces Front, Parking Space, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central, Electric, Fireplace(s), Forced Air
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lot 10000-19999 Sqft, Walkstreet, Yard
  • Lot Size: 0.27
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11761.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 8
  • Tax Tract Number: 6695
  • TaxOtherAnnualAssessmentAmount: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 11, 2023
Sold by
Guizar Alexander
Bought by
Perez Vicente De Leon and De Leon Magdalena
Seller's Agent
Maria Petricko
Realty ONE Group Southwest
Buyer's Agent
Jonathan Fisher
Real Broker
List Price
$449,500
Sold Price
$438,000
Premium/Discount to List
-$11,500
-2.56%
Views
44
Current Estimated Value
$464,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,796
Avg. Annual Appreciation
2.88%
Original Mortgage
$430,066
Outstanding Balance
$420,945
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$43,851

Purchase Details

Closed on
May 9, 2023
Sold by
Roach Valerie Denise
Bought by
Martinez Alexander

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 26, 2018
Sold by
Walter Dana L and Walter Terry A
Bought by
Roach Allen Dean and Roach Valerie Denise
Seller's Agent
Andreea Horja
eXp Realty of Southern California, Inc.
Buyer's Agent
Oscar Tortola
Oscar Tortola Group Real Estate Services
List Price
$264,900
Sold Price
$264,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$260,101
Interest Rate
4.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Perez Vicente De Leon $438,000 None Listed On Document
Martinez Alexander -- Chicago Title
Roach Allen Dean $265,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Vicente De Leon $430,066
Previous Owner Roach Allen Dean $260,101
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2023 09/25/23 Sold $438,000 -2.6% $295 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $449,500 +69.7% $302 / Sq Ft
11/07/2018 11/07/18 Sold $264,900 0.0% $178 / Sq Ft View Prior Sale
09/15/2018 09/15/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $264,900 -- $178 / 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 $5,062 $446,759 $111,692 $335,067
2023 $5,062 $284,023 $56,827 $227,196
2022 $3,284 $278,455 $55,713 $222,742
2021 $3,230 $272,996 $54,621 $218,375
2020 $3,206 $270,197 $54,061 $216,136
2019 $3,137 $264,900 $53,001 $211,899
2018 $2,171 $181,800 $54,378 $127,422
2017 $2,146 $178,236 $53,312 $124,924
2016 $2,131 $174,742 $52,267 $122,475
2015 $2,125 $172,120 $51,483 $120,637
2014 $2,033 $168,751 $50,476 $118,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23154479

California Regional Multiple Listing Service (CRMLS)

APN: 446-205-028