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196 Inkster Way

196 Inkster Way, Hemet, CA 92545
Property in Riverside
Sold Jan 04, 2016
$279,000
$559,500 by Broker Solutions Inc
Mortgage Due Mar 19, 2104
Sold Feb 16, 2012
$169,000
$152,100 by Provident Savings Bank Fsb
Mortgage Due Mar 01, 2042
Local assessors in Hemet, CA have categorized 196 Inkster Way as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 12,632 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 196 Inkster Way has a total of 1,861 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 196 Inkster Way was last sold in Dec 4, 2015 for $279,000. According to our calculations, that's $122.53 per sqft. Prior to that sales transaction, the property was sold for $169,000 in Jan 23, 2012. Current property owners are expected to pay $4,644 in taxes per year. The property on 196 Inkster Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,448. To break that down further, the land itself was valued at $68,266. While improvements to the property were assessed at a total of $249,182. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,277
  • Gross Building Area: 2,277
  • Building Area: 1,861
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,861
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 2828612
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .29 ACRES M/L IN LOT 62 MB 378/001 TR 28286-12

Ownership

  • Current Owner : RABELO RENE A
  • Previous Owner : ELSASSER DAVID R
  • Previous Owner 2: ELSASSER ANN E
  • Owner Before Previous Owner: RANCHO HORIZON LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 042745

Zoning

  • Zoning: W2

Geography

  • Subdivision Tract Number: 28286-12
  • Parcel: 455-630-018
  • Lot: 62
  • Municipality: HEMET
  • Latitude: 33.7477
  • Longitude: -117.065

    Address

  • Full Address: 196 Inkster Way
  • Address - House Number: 196
  • Address - Street Name: Inkster
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Hemet
  • Carrier Code: R010
  • 4-Digit Zip Code: 8870
  • Zip Code: 92545

Valuation

    Tax

  • Total Area: 1,861
  • Tax Year: 2023
  • Tax Amount: $4,644
  • Tax Rate Code Area: 006-107

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 491,025
  • High Value: 580,075
  • Low Value: 401,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $559,500
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $559,500
  • First Open Lien Mortgage Term: 990
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Mar 19, 2104

    Market Valuation

  • Market Total Value: $312,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,448
  • Assessed Land Value: $68,266
  • Assessed Improvements Value: $249,182

    Sales

  • Current Sale Contract Date: Dec 04, 2015
  • Current Sale Recording Date: Jan 04, 2016
  • Current Sale Transaction ID: 1389666281
  • Current Sale Price: $279,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0000412
  • Previous Sale Recording Date: Feb 16, 2012
  • Previous Sale Contract Date: Jan 23, 2012
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Jan 04, 2016
  • First Mortgage Loan Amount: $411,000
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Feb 16, 2012
  • Previous Mortgage Loan Amount: $152,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2042

About Hemet



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Frequently Asked Questions

What neighborhood is 196 Inkster Way located in?
The 196 Inkster Way is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 196 Inkster Way?
The average sales price for units in 196 Inkster Way is $0 currently.

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