NOT LISTED FOR SALE

858 Douglas Ct Hemet, CA 92543

Estimated Value: $489,372 - $521,000

2 Beds
4 Baths
2,228 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $465,000 $209 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,087/month

33 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Central Heating

About This Home

As of August 2023

Great business opportunity for investor, or owner occupy one unit and rent the other. This is a duplex with one unit upstairs and one unit downstairs, on a cul de sac in Hemet, just south of Florida Ave. Each unit has 2 bedrooms, 2 baths, with fireplace in living room, washer/dryer hookups in kitchen, and spacious bedrooms. Seller has obtained ADU approval for 1 unit, with plans, ready for a garage conversion. Do not miss out on this opportunity!

Last Agent to Sell the Property

LUCERO ANDERS

AMANICA REAL ESTATE License #01215837 Listed on: 06/17/2023

Last Buyer's Agent

Samir Riad

Best Choice Funding & Realty License #01739953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2 Bedrooms
  • 2,228 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8884
  • Assessor Parcel Number 446232016
  • $104 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $630
  • Water Sewer Expense $2,105
  • Operating Expense $2,735
  • Gross Income $30,360
  • Net Operating Income $22,606

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2105.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 446232016
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 208.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 630.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 30360.00
  • Gross Scheduled Income: 28750.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 22606.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6143.00
  • Rent Control: No
  • Total Expenses: 2735.00

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 6
  • Tax Tract Number: 8884
  • TaxOtherAnnualAssessmentAmount: 104.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 16, 2019
Sold by
Derflinger Sanchez Balvino Blassio and Derflinger Sanchez Roswitha
Bought by
Zazueta Noe Santiago
Seller's Agent
Jennifer Murphy
Coldwell Banker Assoc.Brkr-Mur
Buyer's Agent
Lilly Molina
Coldwell Banker West
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$505,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,093
Avg. Annual Appreciation
9.09%
Original Mortgage
$206,250
Outstanding Balance
$181,702
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$323,391

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 19, 2018
Sold by
Soto Liliana
Bought by
Zazueta Noe Santiago
Seller's Agent
Jennifer Murphy
Coldwell Banker Assoc.Brkr-Mur
Buyer's Agent
Lilly Molina
Coldwell Banker West
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$181,702
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$323,391

Purchase Details

Closed on
Nov 17, 2015
Sold by
Derflinger Franz
Bought by
Sanchez Living Trust

Purchase Details

Closed on
Nov 18, 2013
Sold by
Derflinger Franz
Bought by
Derflinger Franz and Franz Derflinger Living Trust

Purchase Details

Closed on
Oct 24, 2011
Sold by
Perez Artemisa
Bought by
Derflinger Franz

Purchase Details

Closed on
Aug 25, 2011
Sold by
Perez Rafael
Bought by
Perez Artemisa

Purchase Details

Closed on
Apr 16, 2010
Sold by
Perez Artemisa
Bought by
Perez Rafael

Purchase Details

Closed on
Apr 12, 2010
Sold by
Sanchez Roswitha
Bought by
Perez Rafael

Purchase Details

Closed on
Oct 30, 2006
Sold by
Sanchez Balvino and Sanchez Roswitha
Bought by
Sanchez Roswitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2004
Sold by
Delatorre Mayra L
Bought by
Sanchez Balvino and Sanchez Roswitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2004
Sold by
Delatorre Mayra L
Bought by
Delatorre Mayra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2003
Sold by
Delatorre Mayra L
Bought by
Delatorre Mayra L and Delatorre Living Trust

Purchase Details

Closed on
Feb 23, 2000
Sold by
Speakman Helen T
Bought by
Delatorre Mayra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 1998
Sold by
Speakman Marshall H
Bought by
Speakman Helen T

Purchase Details

Closed on
May 27, 1997
Sold by
Dixon Helen G and Dixon Helen T
Bought by
Speakman Helen T
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
Zazueta Noe Santiago $275,000 Fidelity National Title
Zazueta Noe Santiago -- Fidelity National Title Ie
Sanchez Living Trust -- None Available
Derflinger Franz -- None Available
Derflinger Franz $105,000 None Available
Perez Artemisa -- None Available
Perez Rafael -- Lawyers Title Riverside
Perez Rafael $98,000 Lawyers Title Riverside
Sanchez Roswitha -- Chicago Title Company
Sanchez Balvino $315,000 Financial Title Co San Berna
Delatorre Mayra L -- Orange Coast Title Co
Delatorre Mayra L -- --
Delatorre Mayra L $92,500 First American Title Co
Speakman Helen T -- --
Speakman Helen T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zazueta Noe Santiago $206,250
Previous Owner Sanchez Roswitha $265,000
Previous Owner Sanchez Balvino $252,000
Previous Owner Delatorre Mayra L $206,500
Previous Owner Delatorre Mayra L $71,250
Closed Delatorre Mayra L $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $465,000 -8.4% $209 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $507,500 -2.4% $228 / Sq Ft
06/17/2023 06/17/23 For Sale $520,000 +89.1% $233 / Sq Ft
01/18/2019 01/18/19 Sold $275,000 0.0% $123 / Sq Ft View Prior Sale
01/18/2019 01/18/19 Sold $275,000 -3.5% $123 / Sq Ft View Prior Sale
12/14/2018 12/14/18 Pending -- -- --
12/14/2018 12/14/18 Pending -- -- --
12/14/2018 12/14/18 Price Changed $285,000 0.0% $128 / Sq Ft
12/14/2018 12/14/18 Price Changed $285,000 -5.0% $128 / Sq Ft
10/04/2018 10/04/18 For Sale $299,900 0.0% $135 / Sq Ft
09/12/2018 09/12/18 For Sale $299,900 -- $135 / 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 $5,354 $474,300 $118,320 $355,980
2023 $5,354 $294,852 $58,971 $235,881
2022 $3,390 $289,071 $57,815 $231,256
2021 $3,335 $283,404 $56,682 $226,722
2020 $3,305 $280,499 $56,101 $224,398
2019 $2,464 $206,935 $47,754 $159,181
2018 $2,389 $202,878 $46,818 $156,060
2017 $2,362 $198,900 $45,900 $153,000
2016 $1,366 $109,218 $20,801 $88,417
2015 $1,362 $107,580 $20,490 $87,090
2014 $1,305 $105,475 $20,090 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23107666

California Regional Multiple Listing Service (CRMLS)

APN: 446-232-016