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511 East Central Avenue

511 East Central Avenue, Hemet, CA 92543
Property in Riverside
Sold Apr 29, 2014
$120,000
$117,826 by Onetrust Home Loans
Mortgage Due May 01, 2044
511 East Central Avenue in Hemet, CA was first built in 1958 and is 66 years old. 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. 511 East Central Avenue has 950 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 10,890 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. 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 511 East Central Avenue sold most recently in Mar 13, 2014 for a total of $120,000. If you work out the math, that's approximately a cost of $102.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,175 in taxes each year. 511 East Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $141,379. If we break it down further, the land itself was valued at $47,125. Improvements to the property, however, were assessed at a total of $94,254. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,166
  • Gross Building Area: 1,166
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 950
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEMET LAND CO
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOT 3 BLK 165 MB 001/014 HEMET LAND CO

Ownership

  • Current Owner : VELASCO ROMAN ANTONIO
  • Current Owner 2: MONTES MARIA I JIMENEZ
  • Previous Owner : WOO JANE S
  • Previous Owner 2: MORRIS HENRY CLYDE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Parcel: 446-091-002
  • Block: 165
  • Lot: 3
  • Municipality: HEMET
  • Latitude: 33.7419
  • Longitude: -116.967

    Address

  • Full Address: 511 E Central Ave
  • Address - House Number: 511
  • Street Direction: E
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hemet
  • Carrier Code: C015
  • 4-Digit Zip Code: 6011
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 950
  • Tax Year: 2023
  • Tax Amount: $2,175
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 316,598
  • High Value: 371,013
  • Low Value: 262,183

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $225,936
  • First Open Lien Mortgage Lender: ONETRUST HOME LOANS
  • First Open Lien Mortgage Recording Date: Apr 29, 2014
  • First Open Lien Mortgage Loan Amount: $117,826
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2044
  • Second Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Jun 21, 2021
  • Second Open Lien Mortgage Loan Amount: $108,110
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $212,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,379
  • Assessed Land Value: $47,125
  • Assessed Improvements Value: $94,254

    Sales

  • Current Sale Contract Date: Mar 13, 2014
  • Current Sale Recording Date: Apr 29, 2014
  • Current Sale Transaction ID: 1048484627
  • Current Sale Price: $120,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-0154313

    Last Sale Mortgage

  • First Mortgage Lender: ONETRUST HOME LOANS
  • First Mortgage Transaction Date: Apr 29, 2014
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2044

About Hemet



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Frequently Asked Questions

What neighborhood is 511 East Central Avenue located in?
The 511 East Central Avenue is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 511 East Central Avenue?
The average sales price for units in 511 East Central Avenue is $0 currently.

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