113 E Kimball Ave, Hemet, CA 92543
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113 E Kimball Ave Hemet, CA 92543

$285,000 Sold Price as of 09/25/2019
  • 5 Beds
  • 3 Baths
  • 2,000 Sq.Ft.
Sold
$285,000 Sold Price as of 09/25/2019 Refinance Your Mortgage

Map preview of 113 E Kimball Ave, Hemet, CA 92543

Property Overview: 113 E Kimball Ave Hemet, CA has 5 bedrooms, 3 bathrooms, 2,000 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Don't let the age fool you this asset is fresh off complete remodel. Recent leased with qualified tenants and ready for the savvy hands-off investor. Three different structures with one of them being a detached two-car garage. Other high density apartments nearby so very much conforming to the neighborhood.

Listed by Jarrod Whitehorn | BRE #01480456 | Jarrod Whitehorn, Broker
Last checked: 43 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 121

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1890
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SW19065934
City
Hemet
County
Riverside
Time on Site
1367 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $895
  • Total Rent: $895
  • Pro Forma/Market Rent: $895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,685
  • Net Operating Income: $18,920
  • Gross Operating Income: $32,220
Annual Expense Breakdown
  • Total Operating Expense: $13,300
  • Electric: $4,800
  • Gas/Fuel: $600
  • New Taxes: $3,200
  • Trash: $900
  • Insurance: $2,000
  • Water/Sewer: $1,800

Property Details for 113 E Kimball Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 443311004
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Florida->State->Kimball
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 113 E Kimball Ave

Last sold for $285,000 on September 25th, 2019
  • September, 2019

  • Sep 25, 2019

    Date

    Sold

    CRMLS: SW19065934

    $285,000

    Price

  • Jul 24, 2019

    Date

    Pending

    CRMLS: SW19065934

    $294,990

    Price

  • Jul 8, 2019

    Date

    Price Change

    CRMLS: SW19065934

    $294,990

    Price

  • May 30, 2019

    Date

    Price Change

    CRMLS: SW19065934

    $299,990

    Price

  • Mar 25, 2019

    Date

    Active

    CRMLS: SW19065934

    $324,990

    Price

  • September, 2019

  • Sep 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

  • September, 2019

  • Sep 20, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 113 E Kimball Ave

Assessed Value (2020): $285,000
Year Land Value Improved Value Assessed Value
2020 $60,000 $225,000 $285,000

Home Value Compared to the Market

This property vs the competition

113 E Kimball Ave sold on September 25, 2019 for 32.96% lower than the current median sold price for the city of Hemet which is $440,000. The median sold price per/sqft for Hemet is $260 and this home is sold at $147.5 per/sqft which puts the price per square foot 43.27% lower than the current median sale per square foot for the city of Hemet.

About 113 E Kimball Ave

Detailed summary of property

113 E Kimball Ave is a multi family that recently sold in Hemet, CA 92543. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,000 living square feet, and sits on an approximately 6,970 square foot lot. 113 E Kimball Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $285,000. Home in Hemet are selling for a median price of $440,000 and a median price per square foot of $260. Based on Ardent Real Estate Group's Hemet Market Data, this home is sold 32.96% lower than the current median priced home. While the average home in Hemet, CA is selling in 80 days, 113 E Kimball Ave has a days on market of 121 days. There are currently 399 homes for sale in the Hemet real estate market and 381 of them are single family homes while 18 of them are condos and 0 are townhomes. For more information on this home for sale at 113 E Kimball Ave Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 113 E Kimball Ave

Public county record property details
Beds
3
Baths
1
Year built
1895
Sq. Ft.
509
Lot Size
6,969
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
3
APN
443-311-004

The source for these homes facts are from public records.

92543 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$449,900
Median List Price/Sq.Ft.
$277
Median Sold Price
$439,000
Median Sold Price/Sq.Ft.
$279
Total Inventory
111
Median Sale to List Price %
97.56%
Avg Days on Market
46
Loan Type
Conventional (33.33%), FHA (48.48%), VA (3.03%), Cash (12.12%), Other (3.03%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.