NOT LISTED FOR SALE

881 Costo Ln Hemet, CA 92543

Estimated Value: $239,000 - $494,000

2 Beds
1 Bath
966 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $204,500 $212 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,001/month

17 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Private Yard
  • Senior Community
  • Wood Flooring
  • Neighborhood Views

About This Home

As of October 2021

** HUD Home in Hemet **Do not miss the opportunity to purchase the buy of the year! This is the lowest priced Senior community (55+), Two bedroom home, with solar in Hemet. This single story house is the perfect place to call home. Spacious 2 bedroom, 1 bath, single story home with a 1 car attached garage. Has an inviting living room, dining room and cozy kitchen with breakfast nook. Conveniently located off State Street and Stetson, close proximity to shopping, public transportation and nearby schools . Come see this house, make an offer and make this your home today! Best of all, this property has available FHA financing, and the sale is restricted for the next 15 days to owner occupants! Beat the investors, and buy the best deal in Hemet today!
** Home is located in an age restricted community (55+) with an active HOA, Sunpark II.** HUD Home - Sold AS-IS**

Last Agent to Sell the Property

Nathaniel Genis

The Nat Genis Team, INC. License #01429533 Listed on: 08/03/2021

Last Buyer's Agent

Diane Haman

Realty ONE Group Southwest License #01226507

Realty ONE Group Southwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1962

Lot Details

  • 3,920 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 2368
  • Assessor Parcel Number 446212011

Community Details

Overview

  • Senior Community
  • Sunpark II Association, Phone Number (951) 467-8936
  • Sunpart II HOA
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,489

Year Built

Built in 1962

Lot Details

0

HOA Fees

$60 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 446212011
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 966.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 211.70
  • Room Type: All Bedrooms Down, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Electric: 220 Volts in Laundry, Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Clubhouse, Maintenance Grounds
  • Association Fee: 180.00
  • Association Fee Frequency: Quarterly
  • Association Name: Sunpark II
  • Phone: 951-467-8936
  • Senior Community: Yes
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: Sunpart II

Schools

  • School District: Hemet Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 434.03
  • Tax Lot: 48
  • Tax Tract Number: 2368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 29, 2021
Sold by
Secretary Of Hsng & Urban Dev Of Wa D C
Bought by
Winston Harry and Winston Reina
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Diane Haman
Realty ONE Group Southwest
List Price
$185,000
Sold Price
$204,500
Premium/Discount to List
$19,500
10.54%
Current Estimated Value
$318,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,320
Avg. Annual Appreciation
11.99%
Original Mortgage
$6,135
Outstanding Balance
$5,607
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$313,213

Purchase Details

Closed on
Dec 1, 2020
Sold by
Stearns Lending Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 7, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Stearns Lending Llc

Purchase Details

Closed on
Aug 1, 2019
Sold by
Stearns Lending Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 18, 2019
Sold by
Butler Diane M
Bought by
Stearns Lending Llc

Purchase Details

Listed on
Jan 30, 2016
Closed on
Jun 3, 2016
Sold by
Walker Jody Irene
Bought by
Butler Diane M
Seller's Agent
Rebecca Calloway
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Dale Frauenpries
NON-MEMBER/NBA or BTERM OFFICE
List Price
$110,000
Sold Price
$108,000
Premium/Discount to List
-$2,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$106,043
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 1999
Sold by
Day Alma R
Bought by
Day Alma R and Walker Jody Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
6.86%

Purchase Details

Closed on
Nov 19, 1998
Sold by
Mercer Harriet Louise and Mercer Roger William
Bought by
Day Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
6.86%

Purchase Details

Closed on
May 28, 1998
Sold by
Mercer Harriet Louise and Mercer Harriet Trust
Bought by
Mercer Harriet Louise and Nutting Roger William
Source: Public Records

Range of Values:

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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
Winston Harry $204,500 Chicago Title Company
Secretary Of Housing & Urban Development -- Servicelink
Stearns Lending Llc -- None Available
Secretary Of Housing & Urban Development -- Servicelink
Stearns Lending Llc $117,480 Accommodation
Butler Diane M $108,000 Orange Coast Title Company
Walker Jody Irene -- Orange Coast Title Company
Day Alma R -- --
Day Alma R $39,000 Orange Coast Title
Mercer Harriet Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston Harry $6,135
Closed Winston Harry $5,950
Open Winston Harry $198,365
Previous Owner Butler Diane M $0
Previous Owner Butler Diane M $106,043
Previous Owner Day Alma R $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $204,500 +10.5% $212 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $185,000 +71.3% $192 / Sq Ft
07/21/2016 07/21/16 Sold $108,000 -1.8% $108 / Sq Ft
05/27/2016 05/27/16 For Sale $110,000 0.0% $110 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $110,000 -- $110 / 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 $2,489 $217,016 $55,182 $161,834
2023 $2,489 $208,590 $53,040 $155,550
2022 $2,412 $204,500 $52,000 $152,500
2021 $1,969 $165,000 $35,000 $130,000
2020 $1,488 $122,000 $25,000 $97,000
2019 $2,531 $112,362 $22,888 $89,474
2018 $2,486 $110,160 $22,440 $87,720
2017 $2,451 $108,000 $22,000 $86,000
2016 $612 $51,626 $26,476 $25,150
2015 $609 $50,852 $26,079 $24,773
2014 $584 $49,858 $25,569 $24,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21164048

California Regional Multiple Listing Service (CRMLS)

APN: 446-212-011