NOT LISTED FOR SALE

793 Oleander St Hemet, CA 92543

Estimated Value: $524,000 - $572,000

4 Beds
4 Baths
2,258 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $505,000 $224 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,360/month

Highlights

  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of April 2023

DUPLEX! Great investment property, live in one and rent out the other, or perfect layout for large/extended family situation! Two single story homes, built in 1980, with central A/C's and heat. Each 1,129sf home is 2 bedrooms, 2 baths, with living and dining room areas, indoor laundry fits full size washer/dryer, fully fenced backyards with room for pets and bbq's, off-street concrete driveway parking for multiple vehicles, and two separate 2 CAR GARAGES in a quiet cul-de-sac neighborhood with NO HOA. Homes are connected at garages only, which makes each unit have a Single Family Home feel with added privacy. Both homes have some upgrades and roof for entire property is less then 2 years old. Central Hemet location near "The 74" (Florida St) is close to shopping, strip malls, golf courses and casino. Schools & churches are just walking distance away!

Last Agent to Sell the Property

Michael Montijo

LPT Realty,Inc License #02052028 Listed on: 03/04/2023

LPT Realty,Inc

Last Buyer's Agent

Yolanda Munoz

Century 21 A Better Service License #01774514

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 446104032

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Hemet Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Cross Street: S Ironwood
  • Neighborhood: Hemet
  • LP / Sq Ft: 11.32
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Exterior Features

  • Exterior Material: Brick, Stucco
  • Fencing: Full

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Hemet
  • Pets Allowed: Yes

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Cul-De-Sac, Curbs
  • Topography: Level
  • Assessor Parcel Number: 446104032

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27000
  • Gross Rent Multiplier Actual: 16.6
  • Gross Rent Multiplier Projected: 10.4
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Mar 23, 2023
Sold by
Revetta Mark
Bought by
Garcia Kimberly
Seller's Agent
Michael Montijo
LPT Realty,Inc
Buyer's Agent
Yolanda Munoz
Century 21 A Better Service
List Price
$498,000
Sold Price
$505,000
Premium/Discount to List
$7,000
1.41%
Current Estimated Value
$545,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,632
Avg. Annual Appreciation
2.89%
Original Mortgage
$495,853
Outstanding Balance
$481,294
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$64,338

Purchase Details

Closed on
Oct 21, 2019
Sold by
Schoonover Tamara Lynn
Bought by
Schoonover Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2019
Sold by
Revetta Mark
Bought by
Revetta Mark and Schoonover Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2018
Sold by
Revetta Mark and Schoonover Ron
Bought by
Revetta Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2017
Sold by
Schoonover Tamy
Bought by
Schoonover Ron

Purchase Details

Closed on
Nov 3, 2017
Sold by
Barthold Jodi Berger
Bought by
Revetta Mark and Schoonover Ron

Purchase Details

Closed on
Nov 2, 2017
Sold by
Revetta Kande
Bought by
Revetta Mark

Purchase Details

Closed on
Apr 16, 2013
Sold by
Bonenfant Denis and Barthold Jodi Berger
Bought by
Barthold Jodi Berger

Purchase Details

Closed on
Dec 15, 2003
Sold by
Mcneill William J and Mcneill Pia
Bought by
Bonenfant Dennis and Bonenfant Jodi Berger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Whitman Real Estate Partners
Bought by
Woodward Mary

Purchase Details

Closed on
Jun 27, 2003
Sold by
Mcneill William J
Bought by
Mcneill William J and Mcneill Pia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,720
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2003
Sold by
Mcneill Pia
Bought by
Mcneill William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,720
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2003
Sold by
Cangemi Woodward Mary J
Bought by
Mcneill William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,720
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2001
Sold by
Mcnerney Jennie C
Bought by
Cangemi Woodward Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1994
Sold by
Mcnerney George H
Bought by
Mcnerney Robert J and Mcnerney Jennie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
9.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1993
Sold by
Mcnerney Robert J and Mcnerney Jennie C
Bought by
Mcnerney Robert J and Mcnerney Jennie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 1993
Sold by
Mcnerney George H
Bought by
Mcnerney Robert J and Mcnerney Jennie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
6.88%
Mortgage Type
Commercial
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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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
Garcia Kimberly $505,000 Fidelity National Title
Schoonover Ronald -- Fidelity Natl Ttl San Diego
Revetta Mark -- Fidelity Natl Ttl San Diego
Revetta Mark -- Fidelity National Title
Schoonover Ron -- None Available
Revetta Mark $226,000 None Available
Revetta Mark -- None Available
Barthold Jodi Berger -- None Available
Bonenfant Dennis $275,000 Chicago Title Insurance Co
Woodward Mary $132,500 United Title Company
Mcneill William J -- --
Mcneill William J -- Chicago Title Insurance Co
Mcneill William J $191,000 Chicago Title Insurance Co
Cangemi Woodward Mary J $125,000 First American Title Co
Mcnerney Robert J -- Northern Counties
Mcnerney Robert J -- --
Mcnerney Robert J -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Kimberly $495,853
Previous Owner Revetta Mark $220,400
Previous Owner Revetta Mark $212,250
Previous Owner Bonenfant Dennis $247,500
Previous Owner Mcneill William J $152,720
Previous Owner Cangemi Woodward Mary J $69,000
Previous Owner Mcnerney Robert J $97,500
Previous Owner Mcnerney Robert J $83,300
Closed Mcneill William J $19,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2023 04/11/23 Sold $505,000 +1.4% $224 / Sq Ft
03/04/2023 03/04/23 For Sale $498,000 -- $221 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
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 $6,009 $525,401 $131,090 $394,311
2023 $6,009 $242,315 $53,609 $188,706
2022 $2,893 $237,564 $52,558 $185,006
2021 $2,848 $232,907 $51,528 $181,379
2020 $2,821 $230,520 $51,000 $179,520
2019 $2,763 $226,000 $50,000 $176,000
2018 $2,955 $246,000 $50,000 $196,000
2017 $2,852 $235,000 $47,000 $188,000
2016 $2,543 $205,000 $45,000 $160,000
2015 $2,340 $185,000 $40,000 $145,000
2014 $2,282 $185,000 $40,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Montijo

    Seller's Agent in 2023

    Michael Montijo

    LPT Realty,Inc

    (760) 613-8406

    57 Total Sales

    Michael Montijo
    Section Image
  • Yolanda Munoz

    Buyer's Agent in 2023

    Yolanda Munoz

    Century 21 A Better Service

    (323) 552-6185

    37 Total Sales

    Yolanda Munoz
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230004147

San Diego MLS

APN: 446-104-032

California Riverside County Hemet 92543

793 Oleander St, Hemet, CA

Not Listed for Sale

MultiFamily

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