NOT LISTED FOR SALE

Estimated Value: $391,000

2 Beds
2 Baths
1,100 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $345,000 $314 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,154/month

278 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property
  • 0.53 Acre Lot
  • Central Heating

About This Home

As of February 2023

Dont miss this great investment opportunity each unit is a really good size! one car garage and a fenced in yard for animals. A really good size lot as well. This is in the heart of Hemet The correct address is 410 and 412 San Jacinto.

Last Agent to Sell the Property

Diane Haman

Realty ONE Group Southwest License #01226507 Listed on: 05/12/2022

Realty ONE Group Southwest

Last Buyer's Agent

Steve Navar

Excellence RE Real Estate License #01984404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $159

Year Built

  • Built in 1965

Lot Details

  • 0.53 Acre Lot
  • No Units Above
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1
  • Assessor Parcel Number 445111038
  • $124 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $40
  • Water Sewer Expense $120
  • Operating Expense $260
  • Gross Income $31,200
  • Net Operating Income $28,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$159

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 9518581003
  • Other Phone Number: 9518581003
  • Price Per Unit: 182500
  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: RA
  • Property Type: Residential Income
  • Parcel Number: 445111038
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 313.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 23087.00
  • Lot Size Acres: 0.5300

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Gross Income: 31200.00
  • Gross Scheduled Income: 2600.00
  • Insurance Expense: 100.00
  • Lot Size Area: 23087.0000 Square Feet
  • Net Operating Income: 28080.00
  • 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: 120.00
  • Rent Control: No
  • Total Expenses: 260.00

Tax Info

  • Tax Census Tract: 435.09
  • Tax Lot: 2
  • Tax Tract Number: 01
  • TaxOtherAnnualAssessmentAmount: 124.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
San Jacinto Valley Academy Inc
Bought by
Sjva Facilities Llc
Current Estimated Value
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,900,000
Outstanding Balance
$12,730,388
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2010
Sold by
Larsen Robin
Bought by
San Jacinto Valley Academy Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
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
Sjva Facilities Llc -- First American Title Ins Co
San Jacinto Valley Academy Inc $102,000 Orange Coast Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sjva Facilities Llc $13,900,000
Previous Owner San Jacinto Valley Academy Inc $100,000
Previous Owner Larsen Robin $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $345,000 -5.5% $314 / Sq Ft
02/22/2023 02/22/23 Price Changed $365,000 0.0% $332 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
09/06/2022 09/06/22 Price Changed $365,000 -2.7% $332 / Sq Ft
08/30/2022 08/30/22 Price Changed $375,000 -3.6% $341 / Sq Ft
05/12/2022 05/12/22 For Sale $389,000 -- $354 / 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 $159 $318,361 $106,120 $212,241
2023 $159 $306,000 $102,000 $204,000
2022 $124 $123,129 $48,285 $74,844
2021 $124 $120,716 $47,339 $73,377
2020 $114 $119,479 $46,854 $72,625
2019 $124 $117,137 $45,936 $71,201
2018 $114 $114,841 $45,036 $69,805
2017 $114 $112,590 $44,153 $68,437
2016 $114 $110,384 $43,288 $67,096
2015 $114 $108,728 $42,639 $66,089
2014 $108 $106,600 $41,804 $64,796
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22098188

California Regional Multiple Listing Service (CRMLS)

APN: 434-200-009