702 Lorraine Ln Hemet, CA 92543

$275,000 Sold Price as of 07/31/2018

3 Beds
2 Baths
1,778 Sq.Ft.

Off Market

$275,000 Sold Price as of 07/31/2018 Refinance Your Mortgage

Map preview of 702 Lorraine Ln, Hemet, CA 92543

Property Overview: 702 Lorraine Ln Hemet, CA has 3 bedrooms, 2 bathrooms, 1,778 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

702 Lorraine Ln 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 $449,900. The median price per/sqft for Hemet is $266. 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 $89,980 for the down payment and will need roughly $8,998 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 702 Lorraine Ln

Last sold for $275,000 on July 31st, 2018

August, 2018
Aug 1, 2018

Date

Sold

CRMLS: SW18121308

$275,000

Price
May 29, 2018

Date

Pending

CRMLS: SW18121308

$265,000

Price
May 23, 2018

Date

Active

CRMLS: SW18121308

$265,000

Price
Listing provided courtesy of CRMLS

Turnkey Upgraded 3 bedrooms, 2 baths located in a quiet cul-de-sac. The house features a remodeled kitchen with silestone countertops and ceramic tile flooring, enlarged master bedroom, remodeled master bathroom with granite countertop and jacuzzi bath tub and a new shower in the second bathroom. Enjoy the natural light coming from the 3 skylights throughout the house and double pane windows and save on your energy bill with the two extra swamp coolers besides the main AC unit and new roof installed in June 2017. Enjoy the beautiful backyard with an alumawood patio cover, newer hot tub, gated and cemented RV parking, 10’by20’ shed, newer fencing all around the backyard. Very low taxes and NO HOA! Don’t miss out on this beautiful move in ready home!

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July, 2018
Jul 31, 2018

Date

Sold (Public Records)

Public Records

$275,000

Price
August, 2001
Aug 17, 2001

Date

Sold (Public Records)

Public Records

$130,000

Price

Tax History for 702 Lorraine Ln

Assessed Value (2020): $280,499

Year	Land Value	Improved Value	Assessed Value
2020	$38,758	$241,741	$280,499

About 702 Lorraine Ln

Detailed summary of property

702 Lorraine Ln is a single family home in Hemet, CA 92543 and last sold on July 31, 2018 for $275,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,778 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 41.49% lower than the current median priced home. 702 Lorraine Ln was last sold on July 31, 2018 for $275,000. Local nearby listings include 9249 san Rafael Arcangel l Ln, 20121 Whiterock and 20202 Dayton St. The average home in Hemet, CA is selling in 76 days. There are currently 503 homes for sale in the Hemet real estate market and 483 of them are single family homes while 19 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 702 Lorraine Ln Hemet, CA 92543 contact Ardent Real Estate Group and we will put you in touch with one of our Hemet agents.

Public Facts for 702 Lorraine Ln

Public county record property details

Beds: 3
Baths: 2
Year built: 1976
Sq. Ft.: 1,778
Lot Size: 7,840
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 9
APN: 446-205-029

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

$429,900

Median List Price/Sq.Ft.

$278

Median Sold Price

$475,000

Median Sold Price/Sq.Ft.

$290

Total Inventory

163

Median Sale to List Price %

97.37%

Avg Days on Market

Loan Type

Conventional (21.28%), FHA (53.19%), VA (17.02%), Cash (6.38%), Other (2.13%)

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