40525 Melrose Ave Hemet, CA 92544

$220,000 Sold Price as of 03/29/2017

3 Beds
1 Baths
1,713 Sq.Ft.

Off Market

$220,000 Sold Price as of 03/29/2017 Refinance Your Mortgage

Map preview of 40525 Melrose Ave, Hemet, CA 92544

Property Overview: 40525 Melrose Ave Hemet, CA has 3 bedrooms, 1 bathrooms, 1,713 living square feet and 7,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

40525 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 40525 Melrose Ave

Last sold for $220,000 on March 31st, 2017

March, 2017
Mar 31, 2017

Date

Sold

CRMLS: SW16721075

$220,000

Price
Feb 13, 2017

Date

Pending

CRMLS: SW16721075

$210,000

Price
Dec 21, 2016

Date

Price Change

CRMLS: SW16721075

$210,000

Price
Nov 10, 2016

Date

Price Change

CRMLS: SW16721075

$205,000

Price
Nov 10, 2016

Date

Price Change

CRMLS: SW16721075

$20,500

Price
Nov 10, 2016

Date

Price Change

CRMLS: SW16721075

$205

Price
Oct 8, 2016

Date

Active

CRMLS: SW16721075

$195,000

Price
Listing provided courtesy of CRMLS

The property will be available to show 12/26/2016 This four bedroom has New Tile, New Carpet, New Paint, New Stove and Oven, Garbage Disposal and some new lighting fixtures. Features separate Family room with Fireplace and Living Room, sprinklers in front and Back with automatic timers.

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March, 2017
Mar 29, 2017

Date

Sold (Public Records)

Public Records

$220,000

Price
June, 2000
Jun 16, 2000

Date

Sold (Public Records)

Public Records

$61,000

Price

Tax History for 40525 Melrose Ave

Assessed Value (2020): $233,465

Year	Land Value	Improved Value	Assessed Value
2020	$31,836	$201,629	$233,465

About 40525 Melrose Ave

Detailed summary of property

40525 Melrose Ave is a single family home in Hemet, CA 92544 and last sold on March 29, 2017 for $220,000. This house has 3 bedrooms, 1 bathrooms, roughly 1,713 living square feet, and sits on an approximately 7,840 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 53.19% lower than the current median priced home. 40525 Melrose Ave was last sold on March 29, 2017 for $220,000. 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 40525 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 40525 Melrose Ave

Public county record property details

Beds: 3
Baths: 1
Year built: 1953
Sq. Ft.: 1,713
Lot Size: 7,840
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 31
APN: 445-313-031

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

Loan Type

Conventional (30.3%), FHA (42.42%), VA (9.09%), Cash (6.06%), Other (12.12%)

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(714) 706-1823

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