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5875 Orange Grove Avenue

5875 Orange Grove Avenue, Hemet, CA 92544
Property in Riverside
Sold Dec 17, 2021
$455,500
$439,915 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2052
Sold Mar 31, 2021
$2,000,000
Local assessors in Hemet, CA have categorized 5875 Orange Grove Avenue as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 9,583 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, 3 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 are also 2 partial bathrooms. 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 5875 Orange Grove Avenue has a total of 1,333 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 413 sqft. 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. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 8, 2021 for $455,500. That's $254.04 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 2021 for $2,000,000. 5875 Orange Grove Avenue was last assessed in 2023. The total value of the property was assessed at $464,207. Specifically, the land the property is located on was valued at $76,500. While improvements on the property were assessed at a total of $387,707. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,093. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 413
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,793
  • Gross Building Area: 1,793
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 31620
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .22 ACRES M/L IN LOT 38 MB 396/051 TR 31620-1

Ownership

  • Current Owner : REDMAN KEN A
  • Current Owner 2: THE KEN A REDMAN REVOCABLE TRU
  • Previous Owner : D R HORTON LOS ANGELES HOLDING CO INC
  • Owner Before Previous Owner: JDP DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043702

Geography

  • Subdivision Tract Number: 31620-1
  • Parcel: 551-561-017
  • Lot: 38
  • Municipality: HEMET
  • Latitude: 33.7488
  • Longitude: -116.909

    Address

  • Full Address: 5875 Orange Grove Ave
  • Address - House Number: 5875
  • Address - Street Name: Orange Grove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hemet
  • Carrier Code: C024
  • 4-Digit Zip Code: 4521
  • Zip Code: 92544

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,093
  • Tax Rate Code Area: 006-138

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 535,297
  • High Value: 642,470
  • Low Value: 428,124

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $458,345
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $439,915
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Mar 27, 2023
  • Second Open Lien Mortgage Loan Amount: $18,430
  • Second Open Lien Mortgage Term: 345
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,207
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $387,707

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875206140
  • Current Sale Price: $455,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0744651
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 23, 2021
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $439,915
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Hemet



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5875 Orange Grove Avenue located in?
The 5875 Orange Grove Avenue is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 5875 Orange Grove Avenue?
The average sales price for units in 5875 Orange Grove Avenue is $0 currently.

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