NOT LISTED FOR SALE

Estimated Value: $454,000 - $513,000

3 Beds
3 Baths
1,656 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $470,000 $284 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,976/month

68 Days on Market

About This Home

As of September 2023

Don't miss out on this excellent investment opportunity in Hemet! This property offers the potential for positive cash flow and attractive returns on investment. It consists of three units, each featuring one bedroom and one bathroom.

Ample parking is available with a carport, ensuring convenience for tenants and maximizing the property's appeal.

Whether you're a seasoned investor or just starting out, this property in Hemet holds significant potential to pave your way to financial success. Seize this opportunity and capitalize on the positive cash flow and growth prospects it offers.

Last Agent to Sell the Property

Visakha Sir

Circle Real Estate License #01980472 Listed on: 06/04/2023

Circle Real Estate

Co-Listed By

Marina Hong

Circle Real Estate License #02092926

Last Buyer's Agent

Licia Busso

Sand And Sea Home License #01452800

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7399
  • Assessor Parcel Number 445350004
  • $97 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3
  • Insurance Expense $1,089
  • Trash Expense $81
  • Water Sewer Expense $192
  • Operating Expense $273
  • Gross Income $48,000
  • Net Operating Income $43,635

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 192.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 445350004
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 283.82

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 81.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 3.00
  • Gross Income: 48000.00
  • Gross Operating Income: 1089.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 1089.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 43635.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3276.00
  • Rent Control: No
  • Total Expenses: 273.00

Tax Info

  • Tax Census Tract: 434.01
  • Tax Lot: 7
  • Tax Tract Number: 7399
  • TaxOtherAnnualAssessmentAmount: 97.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Sep 7, 2023
Sold by
Khin Dany and Khin Kunthea Brach
Bought by
Perez Luis R Medina and Medina Yadira
Seller's Agent
Visakha Sir
Circle Real Estate
Buyer's Agent
Licia Busso
Sand And Sea Home
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Views
506
Current Estimated Value
$490,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,783
Avg. Annual Appreciation
1.76%
Original Mortgage
$376,000
Outstanding Balance
$367,935
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$122,723

Purchase Details

Listed on
Sep 7, 2021
Closed on
Apr 20, 2022
Sold by
Khin Dany and Khin Kunthea Brach
Bought by
Khin Dany and Khin Kunthea Brach
Seller's Agent
MARTHA MORUA
RE/MAX ONE
Buyer's Agent
MARTHA MORUA
RE/MAX ONE
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Dec 2, 2021
Sold by
R And M Salazar 2019 Family Trust
Bought by
Khim Danykhin and Khim Kunthea Brach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2019
Sold by
Salazar Roberto and Salazar Margarita
Bought by
Salazar Roberto and Salazar Margarita

Purchase Details

Listed on
Apr 14, 2013
Closed on
May 2, 2013
Sold by
Shearer Donald A and Shearer Debbie L
Bought by
Salazar Roberto and Salazar Margarita
Seller's Agent
Josh Shearer
Temecula Homes and Land
Buyer's Agent
RAYMOND LLAMAS
First Team Real Estate
List Price
$184,000
Sold Price
$174,000
Premium/Discount to List
-$10,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$123,750
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 1, 2011
Closed on
Feb 24, 2012
Sold by
Aurora Loan Services Llc
Bought by
Shearer Donald A and Shearer Debbie L
Seller's Agent
Chris Murray
RE/MAX Empire Properties
Buyer's Agent
Josh Shearer
Temecula Homes and Land
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.04%
Original Mortgage
$71,250
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
Sold by
Chuayiuso Ruben S
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Chuayiuso Ruben S
Bought by
Red Zone Properties

Purchase Details

Closed on
Nov 20, 2006
Sold by
Chuayiuso Maria
Bought by
Chuayiuso Ruben S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2006
Sold by
Origel Raquel
Bought by
Chuayiuso Ruben S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2004
Sold by
Al Ramahi Kamel and Husain Sabah
Bought by
John Jason and Origel Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1999
Sold by
Batters Everett W and Batters Dorothy D
Bought by
Al Ramahi Kamel and Husain Sabah

Purchase Details

Closed on
Sep 23, 1998
Sold by
Batters Everett W and Batters Dorothy D
Bought by
Batters Everett W and Batters Dorothy D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perez Luis R Medina $470,000 None Listed On Document
Khin Dany -- Ticor Title
Khim Danykhin $420,000 Ticor Title
Salazar Roberto -- None Available
Salazar Roberto $174,000 Ticor Title Riverside
Shearer Donald A $95,000 Lsi Title Company
Aurora Loan Services Llc $354,113 None Available
Red Zone Properties -- None Available
Chuayiuso Ruben S -- None Available
Chuayiuso Ruben S $380,000 Fidelity National Title Co
Origel Raquel -- Fidelity Natl Title Ins Co
John Jason $230,000 Fidelity National Title Co
Al Ramahi Kamel $59,000 Orange Coast Title
Batters Everett W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis R Medina $376,000
Previous Owner Khim Danykhin $315,000
Previous Owner Salazar Roberto $123,750
Previous Owner Shearer Donald A $71,250
Previous Owner Chuayiuso Ruben S $304,000
Previous Owner John Jason $184,000
Closed John Jason $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $470,000 0.0% $284 / Sq Ft
09/16/2023 09/16/23 Off Market $470,000 -- --
09/13/2023 09/13/23 For Sale $489,000 +4.0% $295 / Sq Ft
09/12/2023 09/12/23 Off Market $470,000 -- --
08/23/2023 08/23/23 For Sale $489,000 0.0% $295 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/05/2023 08/05/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $489,000 0.0% $295 / Sq Ft
07/11/2023 07/11/23 For Sale $489,000 +4.0% $295 / Sq Ft
07/06/2023 07/06/23 Off Market $470,000 -- --
06/17/2023 06/17/23 For Sale $499,000 0.0% $301 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $499,000 +18.8% $301 / Sq Ft
03/15/2022 03/15/22 Sold $420,000 0.0% $254 / Sq Ft View Prior Sale
11/19/2021 11/19/21 For Sale $420,000 0.0% $254 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $420,000 +141.4% $254 / Sq Ft
05/17/2013 05/17/13 Sold $174,000 -5.4% $105 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $184,000 +93.7% $111 / Sq Ft
03/28/2012 03/28/12 Sold $95,000 -17.3% $57 / Sq Ft View Prior Sale
02/25/2012 02/25/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $114,900 -- $69 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,404 $479,400 $86,700 $392,700
2023 $5,404 $428,400 $56,100 $372,300
2022 $2,392 $201,899 $40,608 $161,291
2021 $2,353 $197,941 $39,812 $158,129
2020 $2,337 $195,912 $39,404 $156,508
2019 $2,287 $192,072 $38,632 $153,440
2018 $2,218 $188,307 $37,876 $150,431
2017 $2,192 $184,616 $37,134 $147,482
2016 $2,177 $180,997 $36,406 $144,591
2015 $2,184 $178,280 $35,860 $142,420
2014 $2,089 $174,789 $35,158 $139,631
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23098145

California Regional Multiple Listing Service (CRMLS)

APN: 445-350-004

Your Personal Tour Guide

Ask me questions while you tour the home.