40120 Arave Cir
Hemet, CA 92543
4 bd 4 ba 2,528 sqft Built 1992 Lot 223,463 sqft single_family
Most recent sale
$930,000
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 11, 2022 | Sold | $930,000 | MLS #SW22057692 |
| Mar 24, 2022 | Listed | $930,000 | MLS #SW22057692 |
| Aug 21, 2019 | Listed | $650,000 | MLS #SW19199813 |
| Apr 18, 2019 | Relisted | $650,000 | MLS #SW18124021 |
| Oct 26, 2018 | Price changed | $650,000 | MLS #SW18124021 |
| Sep 4, 2018 | Price changed | $695,000 | MLS #SW18124021 |
| Jul 16, 2018 | Price changed | $725,000 | MLS #SW18124021 |
| May 23, 2018 | Listed | $750,000 | MLS #SW18124021 |
| Mar 2, 1999 | Sold | $435,000 | Public Record |
| May 17, 1991 | Sold | $115,000 | Public Record |
| Apr 13, 1990 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $907,332 | $79,590 | $986,922 | $11,277 |
| 2024 | $907,332 | $79,590 | $986,922 | $11,060 |
| 2023 | $872,100 | $76,500 | $948,600 | $10,912 |
| 2022 | $413,629 | $228,967 | $642,596 | $7,433 |
| 2021 | $405,519 | $224,478 | $629,997 | $7,311 |
| 2020 | $381,347 | $211,026 | $592,373 | $6,856 |
| 2019 | $370,240 | $204,880 | $575,120 | $6,642 |
| 2018 | $356,000 | $197,000 | $553,000 | $6,314 |
| 2017 | $337,000 | $186,000 | $523,000 | $6,023 |
| 2016 | $337,000 | $186,000 | $523,000 | $6,096 |
| 2015 | $305,000 | $169,000 | $474,000 | $5,603 |
| 2014 | $273,000 | $151,000 | $424,000 | $4,893 |
| 2013 | $255,000 | $141,000 | $396,000 | $4,598 |
| 2012 | $255,000 | $141,000 | $396,000 | $4,599 |
| 2010 | $283,000 | $157,000 | $440,000 | $5,038 |
| 2009 | $340,868 | $188,693 | $529,561 | $5,950 |
| 2008 | $334,185 | $184,994 | $519,179 | $5,913 |
| 2007 | $327,633 | $181,367 | $509,000 | $5,658 |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,528 sqft
Lot size
223,463 sqft
ZIP code
92543
City
Hemet
Street
Arave Cir
Coordinates
33.67689, -116.96133
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,090
Gross rental yield
10.44%
Implied cap rate
6.79%
Trend-extrapolated value
—
Frequently asked questions
When did 40120 Arave Cir last sell?
40120 Arave Cir most recently sold on May 11, 2022 for $930,000.
What is the current tax assessment for 40120 Arave Cir?
The most recent total assessment for 40120 Arave Cir (year 2025) is $986,922 with $11,277 in property tax.
How does 40120 Arave Cir's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $930,000.
When was 40120 Arave Cir built?
40120 Arave Cir was built in 1992.
How does 40120 Arave Cir compare to others on Arave Cir?
We track 1 other property on Arave Cir. Browse the list under "Other properties on Arave Cir" to compare beds, baths, and sale history.
What are the property facts for 40120 Arave Cir?
40120 Arave Cir is a 4 bed, 4 bath, 2,528 sqft, 223,463 sqft lot single_family.
Is 40120 Arave Cir a flip candidate?
No — 40120 Arave Cir does not appear in our flips dataset.
Is 40120 Arave Cir a tax-appeal candidate?
No — 40120 Arave Cir is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$288.6K
2026 Q4
$287K
ZIP 92543 — Median Price History + Forecast
Explore nearby
Geography
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