When was property at 40225 Frances Lane built and last sold?

The property at 40225 Frances Lane was built in 1964 and last sold on Jul 6, 1994 for $59,000.

How much is this home worth?

The estimated value of the home located at 40225 Frances Lane is $318,647.

What are some comparable homes to 40225 Frances Lane?

There are currently no comparable homes to 40225 Frances Lane.

East Hemet

92543

40225 Frances Lane

Sold on Sep 15, 2026

Map

$335,000

● House - Off Market

40225 Frances Lane

Hemet, CA 92543

2 Beds

1 Bath

792 Ft²

$1,569

Est. Monthly

About This Property

Welcome home! This well-maintained 2 Bedroom with a Bonus Room/Den property offers a comfortable and functional floor plan with inviting living spaces and plenty of natural light. The kitchen provides ample cabinetry and workspace and opens conveniently to the main living and dining areas, making it ideal for everyday living and entertaining. Spacious bedrooms offer flexibility for family, guests, or a home office. Enjoy the outdoor space with room to relax, garden, or entertain. Nice large lot conveniently located near shopping, dining, schools, and commuter routes. Super close to the Ramona Bowl and about 20 minutes from the Soboba Casino. A great opportunity to make this home your own! Probate sale...turnkey, but sold as is.

Unit Size

792 Ft²

Days on Market

28 days

Land Size

0.17 acres

Price per sqft

$403

Property Type

House

Property Taxes

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (CRMLS #SW26179993)

Price History

Date / Event	Date	Event
Sep 15, 2026	Sold	Premium
Sold
Aug 24, 2026	In contract	-
In contract
Aug 13, 2026	Listed by Liberty Real Estate	$319,500
Listed by Liberty Real Estate

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1965
Building Count: 1
Total Rooms: 4
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 0
Construction Type: 17
Building Style: 0
Exterior Walls Type: 4
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 7
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 240
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,405

Total Building Area: 1,488
Gross Building Area: 1,488
Building Area: 792
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 792
Heating Fuel Type: 3

Utilities

Sewer System: 2

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 20
State Land Use Code: R01
Legal Description 1: LOT 12 MB 051/070 TR 2822

Neighborhood

School District Name: Hemet Unified School District

Census Tract: 043312

Zoning

Zoning: R1

Geography

Subdivision Tract Number: 2822

Parcel: 451-162-023
Lot: 12
Municipality: HEMET UNIFIED
Latitude: 33.7278
Longitude: -116.959

Address

Full Address: 40225 Frances Ln

Address - House Number: 40225
Address - Street Name: Frances
Address - Suffix Type: Ln
State: CA
City Name: Hemet
Carrier Code: C078
4-Digit Zip Code: 8045
Zip Code: 92543

Valuation

Tax

Total Area: 792

Tax Year: 2023
Tax Amount: $112,598
Tax Rate Code Area: 071-024

Appraisal Valuation

Standard Deviation: 0.198

Valuation Date: Jan 31, 2024
Confidence Score: 73
Final Value: 319,586
High Value: 382,883
Low Value: 256,289

Market Valuation

Market Total Value: $199,170

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $95,211
Assessed Land Value: $56,485
Assessed Improvements Value: $38,726

Sales

Current Sale Contract Date: Jul 06, 1994

Current Sale Recording Date: Jul 14, 1994
Current Sale Price:

Premium
Current Sale Document Type: 36
Current Sale Input Document Number: 281711

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About East Hemet

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$283

Below Asking

0.01%

Average Days on Market

Average Home Size

1741 ft²

Average Home Age

58.3 years

Currently For Sale

58 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 41861 Acacia Avenue, HEMET, CA, 92544

$2,349 /mo

3 Beds
2 Baths
1,300 ft²

41861 Acacia Avenue, HEMET, CA, 92544 Listing by Monica Macias

Unit for rent at 2129 Woodberry Ave, HEMET, CA, 92544

$1,415 /mo

2 Beds
1 Bath
900 ft²

2129 Woodberry Ave #4, HEMET, CA, 92544 Listing by Jennifer Marcuse

Unit for rent at 529 E Latham Avenue, HEMET, CA, 92543

$1,950 /mo

3 Beds
1 Bath
1,226 ft²

529 E Latham Avenue, HEMET, CA, 92543 Listing by Esmeralda Sanchez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Sabrina Chapman, Liberty Real Estate
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SW26179993

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

40225 Frances Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About East Hemet

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions