NOT LISTED FOR SALE

820 N Buena Vista St Hemet, CA 92543

Estimated Value: $576,119 - $691,000

6 Beds
3 Baths
3,200 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $280,000 $88 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,722/month

43 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Level Lot

About This Home

As of December 2014

4 units located on a large lot with 2 Single Family homes in the front and a Duplex with private yards in the back. Great for owner occupied. Property is next to newer apartment complex and across the street from newer single family homes. Tenants have a short walk to the newer Youth Sports Complex. Units have a private feel to them and three of the tenants have been there over 5 years. Close to both Hemet and San Jacinto job centers and shopping.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 10/13/2014

Last Buyer's Agent

Gene Sais

REALTY ONE GROUP HOMELINK License #00852442

REALTY ONE GROUP HOMELINK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • 3,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 439100020

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,975
  • Net Operating Income $20,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.00
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 439100020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 87.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2975.00
  • Gross Multiplier: 9.50
  • Gross Scheduled Income: 35700.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 20349.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14280.00
  • Other Income Description: GRM & Cap Rate on Actual rents
  • Rent Control: No
  • Total Actual Rent: 2975.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2016
Sold by
Pirelli Joanne Cantu and Cantu Joanne
Bought by
Pirelli Joanne T Cantu
Current Estimated Value
$628,530

Purchase Details

Listed on
Oct 13, 2014
Closed on
Oct 31, 2014
Sold by
Cantu Henry A and Cantu Joanne
Bought by
Burns John and Burns Melissa
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Gene Sais
REALTY ONE GROUP HOMELINK
List Price
$339,000
Sold Price
$280,000
Premium/Discount to List
-$59,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$210,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2000
Sold by
Cantu Henry A
Bought by
Cantu Henry A and Cantu Joanne
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
Pirelli Joanne T Cantu -- None Available
Burns John $280,000 First American Title Company
Cantu Henry A -- --
Cantu Henry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns John $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $280,000 -17.4% $88 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $339,000 -- $106 / 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 $3,886 $336,510 $66,096 $270,414
2023 $3,886 $323,443 $63,530 $259,913
2022 $3,793 $317,102 $62,285 $254,817
2021 $3,730 $310,885 $61,064 $249,821
2020 $3,682 $307,698 $60,438 $247,260
2019 $3,612 $301,665 $59,253 $242,412
2018 $3,543 $295,751 $58,093 $237,658
2017 $3,469 $289,953 $56,954 $232,999
2016 $3,305 $284,269 $55,838 $228,431
2015 $3,261 $280,000 $55,000 $225,000
2014 $1,600 $135,172 $36,823 $98,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14219755

California Regional Multiple Listing Service (CRMLS)

APN: 439-100-020