NOT LISTED FOR SALE

720 Balsam Way Hemet, CA 92545

Terra Linda Neighborhood

Estimated Value: $370,000 - $398,000

2 Beds
2 Baths
991 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $300,000 $303 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,545/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • 2 Car Attached Garage
  • Partially Fenced Property
  • Gated Community
  • Laundry Room
  • Level Lot

About This Home

As of November 2021

Don't miss out on this RARE single story 2/2 corner lot!! There are upgrades throughout with new stainless appliances, tile flooring, custom paint, full size laundry with W/D included. New water heater & more!!

Last Agent to Sell the Property

Travis Weis

Cabrillo Mortgage & Realty Service License #01330405 Listed on: 10/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1990

Lot Details

  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 991 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Gas Dryer Hookup

Additional Features

  • Heated In Ground Pool
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 456-202-015
  • $117 Monthly special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, gated community
  • Laurel Park Association, Phone Number (951) 551-9322

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Year Built

Built in 1990

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Cross Street: Augusta
  • Neighborhood: Laurel Park
  • LP / Sq Ft: 267.41
  • Price Per Sq Ft: 302.72
  • SP/ Sq Ft: 302.72
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1990
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Range/Oven, Built In Range, Gas & Electric Range, Gas Oven, Range/Stove Hood, Gas Range, Gas Cooking
  • Searchable Rooms: Bedroom Entry Level, MBR Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 18x14
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized, Laundry Room
  • Estimated Sq Ft: 991
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground, Community/Common, Heated
  • Roof: Concrete

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Street
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Home Owner Association: Laurel Park
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community
  • Home Owner Association Fees: 110.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 9515519322
  • Association Amenities: Pool

Fee Information

  • CFD Mello Roos Fee: 117.0
  • Total Monthly Fees: 227
  • CFD Mello Roos Fee Frequency: Monthly

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 456-202-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Oct 14, 2021
Sold by
Thomas Aerin Elaine
Bought by
Navarrete Hector Ulises and Navarrete Yessica Elizabeth
Seller's Agent
Travis Weis
Cabrillo Mortgage & Realty Service
List Price
$265,000
Sold Price
$300,000
Premium/Discount to List
$35,000
13.21%
Current Estimated Value
$383,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,982
Avg. Annual Appreciation
6.93%
Original Mortgage
$306,900
Outstanding Balance
$281,076
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$104,818

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 6, 2015
Sold by
Felix Shanna
Bought by
Thomas Aerin Elaine
Seller's Agent
Cory Ryan
RE/MAX Empire Properties
Buyer's Agent
Fara Mawhinney
Fara Mawhinney, Broker
List Price
$177,000
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$173,794
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Federal National Mortgage Association
Bought by
Felix Shanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,361
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2009
Sold by
Pulido Roberto Felix
Bought by
Felix Shanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,361
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2009
Sold by
Pusateri Matthew and Pusateri Brytany
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 26, 2007
Sold by
Eberle Konrad and Eberle Esperanza
Bought by
Pusateri Matthew and Pusateri Brytany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1997
Sold by
Hud
Bought by
Eberle Konrad and Eberle Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.22%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Cox Don L and Cox Winnie M
Bought by
Vanderford Company Inc

Purchase Details

Closed on
Feb 3, 1997
Sold by
Vanderford Company Inc
Bought by
Hud
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
Navarrete Hector Ulises $300,000 Fidelity Natl Ttl San Diego
Thomas Aerin Elaine $177,000 Lawyers Title
Felix Shanna $85,000 Lawyers Title Company
Felix Shanna -- Lawyers Title Company
Federal National Mortgage Association $196,880 Landsafe Title
Pusateri Matthew $226,000 First American Title
Eberle Konrad $48,000 Gateway Title Company
Vanderford Company Inc $110,571 American Title Co
Hud -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarrete Hector Ulises $306,900
Previous Owner Thomas Aerin Elaine $173,794
Previous Owner Felix Shanna $83,361
Previous Owner Pusateri Matthew $237,600
Previous Owner Pusateri Matthew $226,000
Previous Owner Eberle Konrad $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $300,000 +13.2% $303 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $265,000 +49.7% $267 / Sq Ft
09/25/2015 09/25/15 Sold $177,000 0.0% $178 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $177,000 -- $178 / Sq Ft
Source: San Diego MLS

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 $3,774 $592,151 $44,569 $547,582
2023 $3,774 $306,000 $42,840 $263,160
2022 $3,668 $300,000 $42,000 $258,000
2021 $2,465 $193,571 $38,276 $155,295
2020 $2,469 $191,587 $37,884 $153,703
2019 $2,421 $187,832 $37,142 $150,690
2018 $2,354 $184,150 $36,414 $147,736
2017 $2,329 $180,540 $35,700 $144,840
2016 $2,313 $177,000 $35,000 $142,000
2015 $1,267 $91,286 $32,217 $59,069
2014 $1,221 $89,500 $31,587 $57,913
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Travis Weis

    Cabrillo Mortgage & Realty Service

    Section Image
  • Cory Ryan

    Seller's Agent in 2015

    Cory Ryan

    RE/MAX

    (951) 544-7444

    98 Total Sales

    Section Image
  • Fara Mawhinney

    Buyer's Agent in 2015

    Fara Mawhinney

    Fara Mawhinney, Broker

    (951) 643-9494

    3 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 210027886

San Diego MLS

APN: 456-202-015

California Riverside County Hemet 92545 Terra Linda

720 Balsam Way, Hemet, CA

This home is located at 720 Balsam Way, Hemet, CA 92545 since 03 October 2021 and is currently estimated at $383,982, approximately $387 per square foot. This property was built in 1990. 720 Balsam Way is a home located in Riverside County with nearby schools including Whittier Elementary School, Diamond Valley Middle School, and West Valley High School.

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