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982 Merced Way

982 Merced Way, Hemet, CA 92545
Property in Riverside
Sold Oct 21, 2013
$175,000
$140,000 by American Financial Network Inc
Mortgage Due Oct 01, 2043
Sold Jul 18, 2008
$145,000
$116,000 by Sierra Pacific Mortgage Compan
Mortgage Due Aug 01, 2038
Local assessors in Hemet, CA have categorized 982 Merced Way as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 5,663 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, 3 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 are 2 full bathrooms. 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 982 Merced Way has a total of 1,246 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 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 tile. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 18, 2013 for $175,000. That's $103.67 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2008 for $145,000. 982 Merced Way was last assessed in 2023. The total value of the property was assessed at $206,184. Specifically, the land the property is located on was valued at $41,233. While improvements on the property were assessed at a total of $164,951. 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 $2,448. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,688
  • Gross Building Area: 1,688
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,246
  • 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: LOT 45 MB 182/003 TR 21480

Ownership

  • Current Owner : FLECK MICHAEL W
  • Current Owner 2: ANDERSON KASSANDRA
  • Previous Owner : ZAMORA DAVID A
  • Previous Owner 2: ZAMORA SYLVIA A
  • Owner Before Previous Owner: U S BANK NA
  • 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: 456-123-008
  • Lot: 45
  • Municipality: HEMET
  • Latitude: 33.7317
  • Longitude: -117

    Address

  • Full Address: 982 Merced Way
  • Address - House Number: 982
  • Address - Street Name: Merced
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Hemet
  • Carrier Code: C037
  • 4-Digit Zip Code: 5310
  • Zip Code: 92545

Valuation

    Tax

  • Total Area: 1,246
  • Tax Year: 2023
  • Tax Amount: $2,448
  • Tax Rate Code Area: 006-060

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 387,218
  • High Value: 462,380
  • Low Value: 312,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2013
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Oct 01, 2043

    Market Valuation

  • Market Total Value: $298,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,184
  • Assessed Land Value: $41,233
  • Assessed Improvements Value: $164,951

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2013
  • Current Sale Recording Date: Oct 21, 2013
  • Current Sale Transaction ID: 1040519251
  • Current Sale Price: $175,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0501936
  • Previous Sale Recording Date: Jul 18, 2008
  • Previous Sale Contract Date: Jun 25, 2008
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Oct 21, 2013
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • Previous Mortgage Transaction Date: Jul 18, 2008
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Hemet



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Frequently Asked Questions

What neighborhood is 982 Merced Way located in?
The 982 Merced Way is a located in the neighborhood of Riverside in Hemet, Hemet.
What is the average sales price for listings in 982 Merced Way?
The average sales price for units in 982 Merced Way is $0 currently.

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