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989 Merced Way

989 Merced Way, Hemet, CA 92545
Property in Riverside
Sold Oct 11, 2012
$135,000
$135,675 by Citibank Na
Mortgage Due Nov 01, 2042
Sold Sep 28, 2011
$115,000
$112,084 by Guild Mortgage Co
Mortgage Due Oct 01, 2041
989 Merced Way in Hemet, CA was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 989 Merced Way has 1,477 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 5,663 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. 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 attached garage. The garage is 501 sqft. There are a total of 2 available parking spaces. 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. The property was last sold in Jul 25, 2012 for $135,000. That's $66.08 per sqft. Prior to that sales transaction, the property was also sold in Aug 29, 2011 for $115,000. 989 Merced Way was last assessed in 2023. The total value of the property was assessed at $159,773. Specifically, the land the property is located on was valued at $35,501. While improvements on the property were assessed at a total of $124,272. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,972. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 501
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,043
  • Gross Building Area: 2,043
  • Building Area: 1,477
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,477
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .13 ACRES IN POR LOT 53 AND LOT 54 MB 182/003 TR 21480

Ownership

  • Current Owner : VERA DAVID VASQUEZ
  • Current Owner 2: RAMIREZ GONZALEZ ALMA PATRICIA
  • Previous Owner : MORALES LANA
  • Owner Before Previous Owner: LOHNERT ANDREJ
  • Owner Before Previous Owner 2: LOHNERT STEFANIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hemet Unified School District
  • Census Tract: 043306

Zoning

  • Zoning: PUD

Geography

  • Subdivision Tract Number: 21480
  • Parcel: 456-124-005
  • Lot: 54
  • Municipality: HEMET
  • Latitude: 33.7314
  • Longitude: -117

    Address

  • Full Address: 989 Merced Way
  • Address - House Number: 989
  • Address - Street Name: Merced
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Hemet
  • Carrier Code: C037
  • 4-Digit Zip Code: 5311
  • Zip Code: 92545

Valuation

    Tax

  • Total Area: 1,477
  • Tax Year: 2023
  • Tax Amount: $1,972
  • Tax Rate Code Area: 006-060

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 394,919
  • High Value: 471,576
  • Low Value: 318,262

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,675
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2012
  • First Open Lien Mortgage Loan Amount: $135,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Market Valuation

  • Market Total Value: $301,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,773
  • Assessed Land Value: $35,501
  • Assessed Improvements Value: $124,272

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2012
  • Current Sale Recording Date: Oct 11, 2012
  • Current Sale Transaction ID: 1042773434
  • Current Sale Price: $135,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0485620
  • Previous Sale Recording Date: Sep 28, 2011
  • Previous Sale Contract Date: Aug 29, 2011
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 11, 2012
  • First Mortgage Loan Amount: $135,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 28, 2011
  • Previous Mortgage Loan Amount: $112,084
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Hemet



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Frequently Asked Questions

What neighborhood is 989 Merced Way located in?
The 989 Merced Way is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 989 Merced Way?
The average sales price for units in 989 Merced Way is $0 currently.

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