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Sold for $560,000
  • Listed by: Coleman and Associates • Matt McPherson • Contact: 951-315-7914
    Bought with: Coleman and Associates
    $560,000

    43041 State Highway 74 Ave, Hemet, CA 92544

    4beds
    --baths
    2,200sqft
    Mixed Use
    Built in 1927
    -- sqft lot
    $563,300 Zestimate®
    $255/sqft
    $2,259 Estimated rent

    Home value

    $563,300

    $507,000 - $625,000

    $2,259/mo

    Zestimate® history
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    What's special

    This property lies directly in the Path of Development From All Sides. Over an acre and can be used for residential, commercial or both. Excellent location for a restaurant, road house, day care, nursing home, retail, etc. The location and zoning allows for numerous options. This Historic Structure is Known as the Wilson House was Built by the Famous Architect Jekel Over 100 Years Ago. The Historic Society in Riverside Says a Tax Discount is Available for Any Business That Maintains the Original Historic Structure. Original Imported Italian Tile Throughout the Bathrooms. Fully Fenced Backyard With a Large 2 Car Garage. Small Basement and Even a Turret Type Room Upstairs. Development Opportunities Also Available With the Surrounding Land Owners. New Thoroughfare/walkway is Under Construction Directly Across the Street. Just 5 Minutes From the Proposed 8000 Home Development at Stetson and Fairview. Huge lot with 3 separate access points. Owner will carry with 20% down and 12% interest for 3-5 years. Seller will consider less than listed price if the offer is all cash.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt McPherson DRE #01362837 951-315-7914,

    Coleman and Associates

    Bought with:

    Matt McPherson, DRE #01362837

    Coleman and Associates

    Source: CRMLS,MLS#: SW25001425MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Heating
    • Central
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Pool features: None
    Lot
    • Size: 1.25 Acres
    • Features: Sprinklers In Front, Lawn, Street Level, Yard
    Details
    • Parcel number: 551240011
    • Zoning: C-1/C-P
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban, Valley
    Location
    • Region: Hemet

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $648,375
    • Annual tax amount: $7,401
    • Date on market: 1/3/2025
    • Cumulative days on market: 59 days
    • Listing terms: Cash,Owner May Carry

    Price history

    DateEventPrice
    3/31/2025Sold$560,000-6.5%$255/sqft
    Source: CRMLS #SW25001425 Report a problem
    11/13/2020Sold$599,000+71.1%$272/sqft
    Source: Public Record Report a problem
    1/9/2017Sold$350,000$159/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,401 +2%$648,375 +2%
    2024$7,258 +1.4%$635,662 +2%
    2023$7,161 +2%$623,199 +2%
    2022$7,022 +1.7%$610,980 +2%
    2021$6,906 -5%$599,000 +61.3%
    2020$7,267 +73%$371,422 +2%
    2019$4,201 +3.2%$364,140 +2%
    2018$4,070 +33.6%$357,000 +35.5%
    2017$3,047 $263,513 +2%
    2016$3,047 +1%$258,347 +1.5%
    2015$3,016 $254,469
    Find assessor info on the county website

    Neighborhood: 92544

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $563,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $563,300