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41054 Acacia Avenue

41054 Acacia Avenue, Hemet, CA 92544
Multifamily in Riverside
Sold Feb 05, 2020
$1,100,000
$885,500 by Pacific Mercantile Bank
Mortgage
Sold Aug 28, 2018
$259,000
41054 Acacia Avenue in Hemet, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. In total, the area measurement of the land is 50,965 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. For those who need parking, there is a garage. The garage is 80 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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. 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, 41054 Acacia Avenue was last sold in Jan 29, 2020 for $1,100,000. According to our calculations, that's $90.59 per sqft. Prior to that sales transaction, the property was sold for $259,000 in Aug 7, 2018. Current property owners are expected to pay $12,969 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 41054 Acacia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,122,000. To break that down further, the land itself was valued at $357,000. While improvements to the property were assessed at a total of $765,000. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 5
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Masonry
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 10
  • Business/Commerical Units Count: 10
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 80
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 12,142
  • Gross Building Area: 12,142
  • Building Area: 12,142

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEMET LAND CO
  • Land Acres: 1.17
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 1.17 ACRES M/L IN POR LOT 3 BLK 112 MB 001/014 HEMET LAND CO

Ownership

  • Current Owner : GOLDEN OPPORTUNITY NO 28 LP
  • Previous Owner : HEMET 26 LLC
  • Owner Before Previous Owner: 41054 ACACIA LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043310

Zoning

  • Zoning: R3

Geography

  • Parcel: 438-220-008
  • Block: 112
  • Lot: 3
  • Municipality: HEMET UNIFIED
  • Latitude: 33.7447
  • Longitude: -116.945

    Address

  • Full Address: 41054 Acacia Ave
  • Address - House Number: 41054
  • Address - Street Name: Acacia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hemet
  • Carrier Code: C043
  • 4-Digit Zip Code: 4815
  • Zip Code: 92544

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,969
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 071-078

    Appraisal Valuation

  • Standard Deviation: 0.3385
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 32
  • Final Value: 1,091,655
  • High Value: 1,461,235
  • Low Value: 722,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $885,500
  • First Open Lien Mortgage Lender: PACIFIC MERCANTILE BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $885,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,122,000
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $765,000

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Transaction ID: 11723562798
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0056814
  • Previous Sale Recording Date: Aug 28, 2018
  • Previous Sale Contract Date: Aug 07, 2018
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: 41504 ACACIA LLC
  • Previous Mortgage Transaction Date: Aug 28, 2018
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Hemet



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Frequently Asked Questions

What neighborhood is 41054 Acacia Avenue located in?
The 41054 Acacia Avenue is a multifamily located in the neighborhood of Riverside in East Hemet, Hemet.
What is the average sales price for listings in 41054 Acacia Avenue?
The average sales price for units in 41054 Acacia Avenue is $0 currently.

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