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346 South Ramona Street

346 South Ramona Street, Hemet, CA 92543
Property in Riverside
Sold Sep 17, 2020
$270,000
$202,500 by Lending 3 Inc
Mortgage Due Oct 01, 2050
Sold Apr 20, 2015
$199,000
346 South Ramona Street in Hemet, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 346 South Ramona Street has 1,825 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 6,534 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 carport. The garage is 360 sqft. 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 wood control joints. 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. 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, 346 South Ramona Street was last sold in Jul 14, 2020 for $270,000. According to our calculations, that's $118.11 per sqft. Prior to that sales transaction, the property was sold for $199,000 in Apr 17, 2015. Current property owners are expected to pay $3,286 in taxes per year. The property on 346 South Ramona Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $280,906. To break that down further, the land itself was valued at $56,183. While improvements to the property were assessed at a total of $224,723. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Multifamily
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,286
  • Gross Building Area: 2,286
  • Building Area: 1,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,825
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: H L THOMPSONS SUB 1
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR LOT 2 MB 009/057 H L THOMPSONS SUB 1

Ownership

  • Current Owner : GALLEGOS SALVADOR
  • Current Owner 2: GALLEGOS NORA
  • Previous Owner : ADVANCED GROUP INVESTMENTS LLC
  • Owner Before Previous Owner: BAKHSHI DAVID
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 446-042-025
  • Lot: 2
  • Municipality: HEMET
  • Latitude: 33.7428
  • Longitude: -116.975

    Address

  • Full Address: 346 S Ramona St
  • Address - House Number: 346
  • Street Direction: S
  • Address - Street Name: Ramona
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C078
  • 4-Digit Zip Code: 5927
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 925
  • Tax Year: 2023
  • Tax Amount: $3,286
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 424,003
  • High Value: 507,980
  • Low Value: 340,026

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: LENDING 3 INC
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $202,500
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,906
  • Assessed Land Value: $56,183
  • Assessed Improvements Value: $224,723

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11788145462
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0440810
  • Previous Sale Recording Date: Apr 20, 2015
  • Previous Sale Contract Date: Apr 17, 2015
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDING 3 INC
  • First Mortgage Transaction Date: Sep 17, 2020
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Hemet



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Frequently Asked Questions

What neighborhood is 346 South Ramona Street located in?
The 346 South Ramona Street is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 346 South Ramona Street?
The average sales price for units in 346 South Ramona Street is $0 currently.

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