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540 Lanier Street

540 Lanier Street, Hemet, CA 92543
Property in Hart
Sold Jul 14, 2021
Transfer
$188,523 by Lakeview Community Capital Llc
Mortgage Due Aug 01, 2051
Sold Jul 03, 2018
$195,000
$191,468 by American Financial Resources I
Mortgage Due Aug 01, 2048
Local assessors in Hemet, CA have categorized 540 Lanier Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 5,663 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 540 Lanier Street has a total of 876 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $195,000 in Jun 18, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,482 in taxes each year. 540 Lanier Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $209,076. If we break it down further, the land itself was valued at $32,165. Improvements to the property, however, were assessed at a total of $176,911. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1964
  • Effective Year Built: 1964
  • 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: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,374
  • Gross Building Area: 1,374
  • Building Area: 876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 876
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HART SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 3 MB 043/071 HART SUB

Ownership

  • Current Owner : CISNEROS MARIA D ANDRADE
  • Current Owner 2: MARTINEZ MIGUEL ANGEL
  • Previous Owner : CISNEROS MARIA D ANDRADE
  • Owner Before Previous Owner: GALLEGOS MARIA DE LA LUZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043403

Zoning

  • Zoning: R1

Geography

  • Parcel: 447-160-003
  • Lot: 3
  • Municipality: HEMET
  • Latitude: 33.7398
  • Longitude: -116.961

    Address

  • Full Address: 540 Lanier St
  • Address - House Number: 540
  • Address - Street Name: Lanier
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C015
  • 4-Digit Zip Code: 6163
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 876
  • Tax Year: 2023
  • Tax Amount: $2,482
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 340,562
  • High Value: 408,014
  • Low Value: 273,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,523
  • First Open Lien Mortgage Lender: LAKEVIEW COMMUNITY CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $188,523
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $234,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,076
  • Assessed Land Value: $32,165
  • Assessed Improvements Value: $176,911

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11843167776
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-0423548
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 18, 2018
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKEVIEW COMMUNITY CAPITAL LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $188,523
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $191,468
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Hart



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Nearby Rentals

Unit for rent at 2129 Woodberry Ave, Hemet, CA, 92587

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 780 ft²
2129 Woodberry Ave #2, Hemet, CA, 92587 Listing by Jennifer Marcuse

Frequently Asked Questions

What neighborhood is 540 Lanier Street located in?
The 540 Lanier Street is a located in the neighborhood of Hart in Hart, Hemet.
What is the average sales price for listings in 540 Lanier Street?
The average sales price for units in 540 Lanier Street is $0 currently.

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