NOT LISTED FOR SALE

990 Rosalia Ave Hemet, CA 92543

Estimated Value: $462,000 - $499,327

2 Beds
1 Bath
2,236 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $198,000 $89 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,790/month

128 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2015

This duplex has been maintained by a caring landlord and are in very good shape with many up-graded and new items in both units, and should be able to go with FHA financing.....Both of theses offer 2 bedroom and 1.75 baths with a one car garage, one carport for each unit....This duplex offers low maintenance fenced yards with lots of room for kids to safely play...Both units are leased and access is available to one or both of the unit with a 24hr notice...No exceptions

Last Agent to Sell the Property

Alan Mahoney

Ron Cota, Broker License #01374797 Listed on: 02/18/2015

Last Buyer's Agent

Alan Mahoney

Ron Cota, Broker License #01374797 Listed on: 02/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1976

Lot Details

  • 10,454 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Home Design

  • 2,236 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 6669
  • Assessor Parcel Number 442303005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Trash Expense $350
  • Water Sewer Expense $900
  • New Taxes Expense $1,500
  • Gross Income $1,730
  • Net Operating Income $1,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,757

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Alan
  • Other Phone Number: 951-491-5220
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 442303005
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 88.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 350.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 10454.00
  • Price Per Lot Square Foot: 18.94
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1730.00
  • Gross Scheduled Income: 1730.00
  • Insurance Expense: 800.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 1480.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1500.00
  • Tax Lot: 3
  • Tax Tract Number: 6669
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Aug 3, 2015
Sold by
Hernandez Eduardo Sotelo
Bought by
Sotelo Rosa M
Seller's Agent
Alan Mahoney
Ron Cota, Broker
Buyer's Agent
Alan Mahoney
Ron Cota, Broker
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%
Current Estimated Value
$480,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,582
Avg. Annual Appreciation
9.55%
Original Mortgage
$194,413
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 18, 2015
Closed on
Jul 21, 2015
Sold by
Revelez M Guadalupe Hernandez
Bought by
Sotelo Juan
Seller's Agent
Alan Mahoney
Ron Cota, Broker
Buyer's Agent
Alan Mahoney
Ron Cota, Broker
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,413
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 18, 2015
Closed on
Jun 22, 2015
Sold by
Genzler Shirley Mae and Genzler Glenn Norman
Bought by
Sotelo Rosa M and Sotelo Juan
Seller's Agent
Alan Mahoney
Ron Cota, Broker
Buyer's Agent
Alan Mahoney
Ron Cota, Broker
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,413
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2007
Sold by
Genzler Shirley Mae
Bought by
Genzler Shirley Mae and Genzler Glenn Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2005
Sold by
Genzler Glenn Norman and Genzler Shirley Mae
Bought by
Genzler Shirley

Purchase Details

Closed on
Jan 6, 1998
Sold by
Lyon Shirley M and Mae Shirley Mae
Bought by
Genzler Glenn Norman and Genzler Shirley Mae
Source: Public Records

Range of Values:

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
Sotelo Rosa M -- First American Title Company
Sotelo Juan -- First American Title Company
Sotelo Rosa M $198,000 First American Title Company
Genzler Shirley Mae -- None Available
Genzler Shirley -- Ticor
Genzler Shirley -- Ticor
Genzler Glenn Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotelo Rosa M $194,413
Previous Owner Genzler Glenn Norman $184,900
Previous Owner Genzler Shirley $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $198,000 -12.0% $89 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $225,000 -- $101 / 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 $2,757 $238,935 $53,266 $185,669
2023 $2,757 $229,659 $51,199 $178,460
2022 $2,674 $225,157 $50,196 $174,961
2021 $2,631 $220,743 $49,212 $171,531
2020 $2,606 $218,481 $48,708 $169,773
2019 $2,551 $214,198 $47,753 $166,445
2018 $2,474 $209,999 $46,818 $163,181
2017 $2,401 $201,960 $45,900 $156,060
2016 $2,384 $198,000 $45,000 $153,000
2015 $1,743 $138,936 $43,706 $95,230
2014 $1,669 $136,215 $42,850 $93,365
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15035251

California Regional Multiple Listing Service (CRMLS)

APN: 442-303-005