tomo logo

$524,888

Beds
5
Baths
2.0
sq ft
1,664

424 W Mayberry Ave, Hemet, CA 92543

424 W Mayberry Ave

Hemet, CA 92543

  • 124 days on market
    • Price drop $112↓
Perfect home for investors looking to maximize income, could potentially be converted to a duplex, large back yard has the space for a potential ADU. This 5 bedroom 2 bath property is currently rented as a co-op living space Each room is rented for $850 a month , yielding great income. Property has many improvements including fresh exterior and interior paint, beautiful original refinished hardwood floors in living room, dinning room and 3 bedrooms, tile floors cover an extra wide hallway and 2 over sized bedrooms, a complete remodeled was done to both baths, and kitchen. Kitchen, features Corian counter-tops, new stainless steel appliances, including a stainless steel dishwasher. Laundry hook-ups are in the 1 car garage. The larger backyard is perfect for entertaining. This property offers easy access to multiple local shopping centers and eateries. It is also a brisk walk away from the old town of Hemet where you can find many historical buildings and parks.

Details

Property type

Single Family Residence

Est. home value

$352,720

Lot size

7,841 sq ft

Price per sq ft

$316

Year built

1951

HOA

No

Price History

11/18/2024
CRMLS

CRMLS #CV24196022

Price change
$524,888
-0.02%
09/20/2024
CRMLS

CRMLS #CV24196022

Listed
$525,000
07/13/2024
CRMLS

CRMLS #CV23214839

Removed
$525,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Riverside Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Donald K Reitzfeld

Loan start date

August 2023

Original loan amount

$200,000

Est. remaining balance

$61,106

Interest rate

6.67%

Loan type

New Conventional, 2 year

Seller

Pureza Connie Hernandez

Lender

Frank S Livacich & Gaynell G Livacich Fa

Loan start date

November 2016

Original loan amount

$100,000

Est. remaining balance

$0

Interest rate

3.42%

Loan type

New Conventional, 1 year

Seller

Pureza Connie Hernandez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 3:00 PM

Listing updated: 01/15/2025 at 11:22 AM

Listed by: Mark Hernandez, Hern Real Estate & Associates Phone #: (626) 722-0299

MLS: CRMLS #CV24196022

CRMLS logo

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