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740 East Wright Street

740 East Wright Street, Hemet, CA 92543
Property in Riverside
Sold Mar 29, 2012
$65,000
$63,352 by First California Mortgage Co
Mortgage Due Apr 01, 2042
Sold Apr 22, 1996
$51,500
$50,552 by Ctx Mtg
Mortgage Due May 01, 2026
Local assessors in Hemet, CA have categorized 740 East Wright Street as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 8,276 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 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 740 East Wright Street has a total of 1,036 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 wood shake/ shingles. 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. 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, 740 East Wright Street was last sold in Oct 4, 2011 for $65,000. According to our calculations, that's $41.67 per sqft. Prior to that sales transaction, the property was sold for $51,500 in Mar 20, 1996. Current property owners are expected to pay $991 in taxes per year. The property on 740 East Wright Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $78,459. To break that down further, the land itself was valued at $18,102. While improvements to the property were assessed at a total of $60,357. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,036
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LANDS OF THE HEMET LAND COMPANY
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: PAR 13 RS 027/008

Ownership

  • Current Owner : JIMENEZ ALEJANDRO
  • Current Owner 2: JIMENEZ LILIANA
  • Previous Owner : CERVANTES VALENTIN
  • Previous Owner 2: CERVANTES NELIDA
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043312

Zoning

  • Zoning: R1

Geography

  • Parcel: 446-244-018
  • Block: 195
  • Lot: 13
  • Municipality: HEMET
  • Latitude: 33.7351
  • Longitude: -116.964

    Address

  • Full Address: 740 E Wright St
  • Address - House Number: 740
  • Street Direction: E
  • Address - Street Name: Wright
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C021
  • 4-Digit Zip Code: 7173
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 1,036
  • Tax Year: 2023
  • Tax Amount: $991
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 305,067
  • High Value: 365,488
  • Low Value: 244,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,352
  • First Open Lien Mortgage Lender: FIRST CALIFORNIA MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 29, 2012
  • First Open Lien Mortgage Loan Amount: $63,352
  • 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: Apr 01, 2042

    Market Valuation

  • Market Total Value: $198,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,459
  • Assessed Land Value: $18,102
  • Assessed Improvements Value: $60,357

    Sales

  • Current Sale Contract Date: Oct 04, 2011
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Transaction ID: 1039649394
  • Current Sale Price: $65,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0145466
  • Previous Sale Recording Date: Apr 22, 1996
  • Previous Sale Contract Date: Mar 20, 1996
  • Previous Sale Amount: $51,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CALIFORNIA MORTGAGE CO
  • First Mortgage Transaction Date: Mar 29, 2012
  • First Mortgage Loan Amount: $63,352
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Apr 22, 1996
  • Previous Mortgage Loan Amount: $50,552
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2026

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Frequently Asked Questions

What neighborhood is 740 East Wright Street located in?
The 740 East Wright Street is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 740 East Wright Street?
The average sales price for units in 740 East Wright Street is $0 currently.

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