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881 South Inez Street

881 South Inez Street, Hemet, CA 92543
Property in Riverside
Sold Jun 09, 2022
$250,000
$241,147 by Paramount Residential Mortgage
Mortgage Due Jul 01, 2052
Sold Aug 01, 1994
Transfer
$25,000 by First Interstate Bank
Mortgage Due Aug 01, 2009
881 South Inez Street has been categorized by the local assessors in Hemet, CA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 881 South Inez Street has 980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,920 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 881 South Inez Street sold most recently in May 25, 2022 for a total of $250,000. If you work out the math, that's approximately a cost of $188.54 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 $2,987 in taxes each year. The initial year of tax delinquency occurred in 2020. 881 South Inez Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $255,000. If we break it down further, the land itself was valued at $25,500. Improvements to the property, however, were assessed at a total of $229,500. The property's total assessed value has been marked as more than the total market value 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!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: 1962
  • Effective Year Built: 1963
  • 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: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 2368 IN THE CITY OE HEMET
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 57 MB 043/066 TR 2368

Ownership

  • Current Owner : HERNANDEZ MIGUEL DELGADO
  • Current Owner 2: SALAZAR MARIA E
  • Previous Owner : BRECKENRIDGE PROPERTY FUND 2016 LLC
  • Owner Before Previous Owner: TONEY MARY ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2368
  • Parcel: 446-212-020
  • Lot: 57
  • Municipality: HEMET
  • Latitude: 33.7334
  • Longitude: -116.972

    Address

  • Full Address: 881 S Inez St
  • Address - House Number: 881
  • Street Direction: S
  • Address - Street Name: Inez
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hemet
  • Carrier Code: C015
  • 4-Digit Zip Code: 7067
  • Zip Code: 92543

Valuation

    Tax

  • Total Area: 980
  • Tax Year: 2023
  • Tax Amount: $2,987
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 006-001

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 265,101
  • High Value: 329,749
  • Low Value: 200,453

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $266,147
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 09, 2022
  • First Open Lien Mortgage Loan Amount: $241,147
  • 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: Jul 01, 2052
  • Second Open Lien Mortgage Lender: PARAMOUNT RESID'L MTG GROUP
  • Second Open Lien Mortgage Recording Date: Jun 09, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $190,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,000
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $229,500

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Transaction ID: 11889861871
  • Current Sale Price: $250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 262923
  • Previous Sale Recording Date: Aug 01, 1994
  • Previous Sale Contract Date: Jul 19, 1994
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jun 09, 2022
  • First Mortgage Loan Amount: $241,147
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052
  • Second Mortgage Lender: PARAMOUNT RESID'L MTG GROUP
  • Second Mortgage Transaction Date: Jun 09, 2022
  • Second Mortgage Loan Amount: $25,000
  • Second Mortgage Loan Due Date: Aug 05, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST INTERSTATE BANK
  • Previous Mortgage Transaction Date: Aug 01, 1994
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2009

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Frequently Asked Questions

What neighborhood is 881 South Inez Street located in?
The 881 South Inez Street is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 881 South Inez Street?
The average sales price for units in 881 South Inez Street is $0 currently.

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