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318 Terry Lane

318 Terry Lane, Hemet, CA 92544
House in Riverside
Sold Sep 11, 2019
$233,500
$225,327 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2049
Sold Jul 30, 2009
$40,000
318 Terry Lane in Hemet, CA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1957. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 318 Terry Lane has 1,002 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 7, 2019 for $233,500. That's $161.70 per sqft. Prior to that sales transaction, the property was also sold in Jul 14, 2009 for $40,000. 318 Terry Lane was last assessed in 2023. The total value of the property was assessed at $245,448. Specifically, the land the property is located on was valued at $31,534. While improvements on the property were assessed at a total of $213,914. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,827. The initial tax year of delinquency was in 2020. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,002
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEMET LAND CO
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOT 4 BLK 141 MB 001/014 HEMET LAND CO

Ownership

  • Current Owner : SEBASTIAN JORGE
  • Previous Owner : HURST GORDON
  • Previous Owner 2: HURST DEBRA
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043309

Zoning

  • Zoning: 3

Geography

  • Parcel: 445-162-008
  • Block: 141
  • Lot: 4
  • Municipality: HEMET
  • Latitude: 33.7517
  • Longitude: -116.956

    Address

  • Full Address: 318 Terry Ln
  • Address - House Number: 318
  • Address - Street Name: Terry
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Hemet
  • Carrier Code: C058
  • 4-Digit Zip Code: 8614
  • Zip Code: 92544

Valuation

    Tax

  • Total Area: 1,366
  • Tax Year: 2023
  • Tax Amount: $2,827
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 006-130

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 379,514
  • High Value: 454,332
  • Low Value: 304,696

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $233,499
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 11, 2019
  • First Open Lien Mortgage Loan Amount: $225,327
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • Second Open Lien Mortgage Recording Date: Sep 11, 2019
  • Second Open Lien Mortgage Loan Amount: $8,172
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $268,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,448
  • Assessed Land Value: $31,534
  • Assessed Improvements Value: $213,914

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Transaction ID: 11644981009
  • Current Sale Price: $233,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0355280
  • Previous Sale Recording Date: Jul 30, 2009
  • Previous Sale Contract Date: Jul 14, 2009
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 11, 2019
  • First Mortgage Loan Amount: $225,327
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Hemet



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Nearby Rentals

Unit for rent at

$2,275 /mo

  • 3 Beds
  • 2 Baths
  • 1,694 ft²
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Unit for rent at

$2,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,600 ft²
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Unit for rent at

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,503 ft²
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Frequently Asked Questions

What neighborhood is 318 Terry Lane located in?
The 318 Terry Lane is a house located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 318 Terry Lane?
The average sales price for units in 318 Terry Lane is $229,000 , or $164/sqft. currently.

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