40360 Melrose Ave Hemet, CA 92544

$140,000 Sold Price as of 04/09/2013
  • 3 Beds
  • 1 Baths
  • 1,620 Sq.Ft.
Off Market
$140,000 Sold Price as of 04/09/2013 Refinance Your Mortgage

Map preview of 40360 Melrose Ave, Hemet, CA 92544

Property Overview: 40360 Melrose Ave Hemet, CA has 3 bedrooms, 1 bathrooms, 1,620 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

40360 Melrose Ave is currently an off market home in the city of Hemet. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Hemet has a median list price of $450,000. The median price per/sqft for Hemet is $265. With those numbers in mind, if you are looking to purchase a median priced home in Hemet, CA and put 20% down you will need to save up $90,000 for the down payment and will need roughly $9,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Hemet the commission could be as much as $23,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 40360 Melrose Ave

Last sold for $140,000 on April 9th, 2013
  • August, 2017

  • Aug 22, 2017

    Date

    Canceled

    CRMLS: SW17190386

    $209,000

    Price

  • Aug 22, 2017

    Date

    Active

    CRMLS: SW17190386

    $209,000

    Price

  • Aug 22, 2017

    Date

    Hold

    CRMLS: SW17190386

    $209,000

    Price

  • Aug 17, 2017

    Date

    Active

    CRMLS: SW17190386

    $209,000

    Price

  • Listing provided courtesy of CRMLS

    Nice 3 bedroom, 2 Bath home with a large Family room area. New Carpet, Portions have New Paint, New $14,000 AC and Furnace currently on HERO program which the owner will pay off in Escrow. Here comes one of the best parts....FIRST TIME HOME BUYERS (HAVE NOT OWNED A HOME IN THE PAST 3 YEARS) CAN PURCHASE THIS PROPERTY WITH ZERO DOWN AND ZERO CLOSING COST. ALSO ELIGIBLE FOR A MORTGAGE CREDIT CERTIFICATE (MCC) WHICH RETURNS 20% OF ALL THE INTEREST PAID EACH YEAR DOLLAR FOR DOLLAR TO THE OWNER ON HIS TAX RETURN FOR THE LIFE OF THE LOAN SO LONG AS OWNER STILL RESIDES IN THE PROPERTY...CAN ALSO BE USED TO INCREASE PURCHASING POWER. (Photo to follow by evening of 8/18)

  • April, 2013

  • Apr 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $140,000

    Price

  • April, 2009

  • Apr 29, 2009

    Date

    Sold (Public Records)

    Public Records

    $79,000

    Price

Show More

Tax History for 40360 Melrose Ave

Assessed Value (2020): $157,628
Year Land Value Improved Value Assessed Value
2020 $33,774 $123,854 $157,628

About 40360 Melrose Ave

Detailed summary of property

40360 Melrose Ave is a single family home in Hemet, CA 92544 and last sold on April 9, 2013 for $140,000. This house has 3 bedrooms, 1 bathrooms, roughly 1,620 living square feet, and sits on an approximately 7,405 square foot lot. Homes in Hemet are selling for a median price of $469,990 and a median price per square foot of $266. Based on Ardent Real Estate Group's Hemet Market Data, this home is sold 70.21% lower than the current median priced home. 40360 Melrose Ave was last sold on April 9, 2013 for $140,000. Local nearby listings include 19976 Lanceleaf Court, 20121 Whiterock and 14105 Camino Del Oro. The average home in Hemet, CA is selling in 77 days. There are currently 499 homes for sale in the Hemet real estate market and 479 of them are single family homes while 20 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 40360 Melrose Ave Hemet, CA 92544 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 40360 Melrose Ave

Public county record property details
Beds
3
Baths
1
Year built
1962
Sq. Ft.
1,620
Lot Size
7,405
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
11
APN
445-322-003

The source for these homes facts are from public records.

92544 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$475,000
Median List Price/Sq.Ft.
$272
Median Sold Price
$485,000
Median Sold Price/Sq.Ft.
$268
Total Inventory
151
Median Sale to List Price %
97.68%
Avg Days on Market
34
Loan Type
Conventional (30.3%), FHA (42.42%), VA (9.09%), Cash (6.06%), Other (12.12%)

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Nearby Homes to 40360 Melrose Ave

Data from public records.

3 Beds | 2 Baths | 1,863 Sq. Ft.
3 Beds | 1 Baths | 1,605 Sq. Ft.
3 Beds | 1 Baths | 1,508 Sq. Ft.
3 Beds | 1 Baths | 1,445 Sq. Ft.
3 Beds | 1 Baths | 1,256 Sq. Ft.
2 Beds | 1 Baths | 1,161 Sq. Ft.
2 Beds | 1 Baths | 1,142 Sq. Ft.
3 Beds | 1 Baths | 1,750 Sq. Ft.
3 Beds | 2 Baths | 1,326 Sq. Ft.
3 Beds | 2 Baths | 2,024 Sq. Ft.
2 Beds | 1 Baths | 1,166 Sq. Ft.
2 Beds | 1 Baths | 1,318 Sq. Ft.