348 S Inez St, Hemet, CA 92543
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348 S Inez St Hemet, CA 92543

$215,000 Sold Price as of 12/02/2019
  • 3 Beds
  • 2 Baths
  • 1,205 Sq.Ft.
Sold
$215,000 Sold Price as of 12/02/2019 Refinance Your Mortgage

Map preview of 348 S Inez St, Hemet, CA 92543

Property Overview: 348 S Inez St Hemet, CA has 3 bedrooms, 2 bathrooms, 1,205 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two single homes, with covered parking area. Great rental properties. Close to shopping and schools.

Listed by John Churchill | BRE #00691678 | Century 21 Preferred
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 169

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SW19092059
City
Hemet
County
Riverside
Time on Site
1374 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,800
  • Net Operating Income: $18,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,500
  • New Taxes: $3,100
  • Trash: $700
  • Insurance: $1,200
  • Water/Sewer: $1,200

Property Details for 348 S Inez St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Vinyl
  • Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Unfurnished
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 446044012
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: State Street to West on Central right on S. Inez
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 348 S Inez St

Last sold for $215,000 on December 2nd, 2019
  • December, 2019

  • Dec 4, 2019

    Date

    Sold

    CRMLS: SW19092059

    $215,000

    Price

  • Nov 9, 2019

    Date

    Pending

    CRMLS: SW19092059

    $215,000

    Price

  • Oct 28, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $215,000

    Price

  • Oct 28, 2019

    Date

    Active

    CRMLS: SW19092059

    $220,000

    Price

  • Oct 5, 2019

    Date

    Pending

    CRMLS: SW19092059

    $220,000

    Price

  • Aug 8, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $220,000

    Price

  • Jul 16, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $230,000

    Price

  • Jul 8, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $235,000

    Price

  • Jun 17, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $245,000

    Price

  • Apr 29, 2019

    Date

    Price Change

    CRMLS: SW19092059

    $255,000

    Price

  • Apr 23, 2019

    Date

    Active

    CRMLS: SW19092059

    $265,000

    Price

  • November, 2019

  • Nov 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $215,000

    Price

  • November, 2015

  • Nov 3, 2015

    Date

    Sold (Public Records)

    Public Records

    $179,000

    Price

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Tax History for 348 S Inez St

Assessed Value (2020): $215,000
Year Land Value Improved Value Assessed Value
2020 $43,001 $171,999 $215,000

Home Value Compared to the Market

This property vs the competition

348 S Inez St sold on December 2, 2019 for 51.14% 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 $178.42 per/sqft which puts the price per square foot 31.38% lower than the current median sale per square foot for the city of Hemet.

About 348 S Inez St

Detailed summary of property

348 S Inez St is a multi family that recently sold in Hemet, CA 92543. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,205 living square feet, and sits on an approximately 6,534 square foot lot. 348 S Inez St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $215,000. 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 51.14% lower than the current median priced home. While the average home in Hemet, CA is selling in 81 days, 348 S Inez St has a days on market of 169 days. There are currently 396 homes for sale in the Hemet real estate market and 379 of them are single family homes while 17 of them are condos and 0 are townhomes. For more information on this home for sale at 348 S Inez St Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 348 S Inez St

Public county record property details
Beds
2
Baths
1
Year built
1940
Sq. Ft.
791
Lot Size
6,534
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
446-044-012

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
$472,942
Median List Price/Sq.Ft.
$280
Median Sold Price
$439,000
Median Sold Price/Sq.Ft.
$279
Total Inventory
120
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.