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240 North Gilbert Street

240 North Gilbert Street, Hemet, CA 92543
Property in Downtown Hemet
Sold Nov 19, 2020
$288,000
$289,600 by Amerisave Mortgage Corporation
Mortgage Due Mar 01, 2052
Sold Oct 07, 2014
$163,000
$114,100 by Pmac Lending Services Inc
Mortgage Due Oct 01, 2044
Local assessors in Hemet, CA have categorized 240 North Gilbert Street as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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, 4 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 are 2 full bathrooms. There are also 4 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 240 North Gilbert Street has a total of 1,740 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 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 gravel/rock. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 240 North Gilbert Street was last sold in Nov 14, 2020 for $288,000. According to our calculations, that's $117.07 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Sep 17, 2014. Current property owners are expected to pay $3,505 in taxes per year. The property on 240 North Gilbert Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,635. To break that down further, the land itself was valued at $72,828. While improvements to the property were assessed at a total of $226,807. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,460
  • Gross Building Area: 2,460
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,740
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEMET
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLK 8 MB 015/702 SD HEMET

Ownership

  • Current Owner : ROMERO SELENIA
  • Previous Owner : LAM QUEENIE H
  • Previous Owner 2: THE M & M LIVING TRUST
  • Owner Before Previous Owner: SUAREZ FRANCISCO
  • Owner Before Previous Owner 2: SUAREZ GUADALUPE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043401

Zoning

  • Zoning: R2

Geography

  • Parcel: 443-191-007
  • Block: 8
  • Lot: 7
  • Municipality: HEMET
  • Latitude: 33.7504
  • Longitude: -116.976

    Address

  • Full Address: 240 N Gilbert St
  • Address - House Number: 240
  • Street Direction: N
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C035
  • 4-Digit Zip Code: 4069
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 1,740
  • Tax Year: 2023
  • Tax Amount: $3,505
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 419,515
  • High Value: 502,604
  • Low Value: 336,427

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,600
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $289,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,635
  • Assessed Land Value: $72,828
  • Assessed Improvements Value: $226,807

    Sales

  • Current Sale Contract Date: Nov 14, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11802231667
  • Current Sale Price: $288,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0581117
  • Previous Sale Recording Date: Oct 07, 2014
  • Previous Sale Contract Date: Sep 17, 2014
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $282,783
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Oct 07, 2014
  • Previous Mortgage Loan Amount: $114,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2044

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Frequently Asked Questions

What neighborhood is 240 North Gilbert Street located in?
The 240 North Gilbert Street is a located in the neighborhood of Downtown Hemet in Downtown Hemet, Hemet.
What is the average sales price for listings in 240 North Gilbert Street?
The average sales price for units in 240 North Gilbert Street is $0 currently.

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