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40141 Frances Ln

Hemet, CA 92543

2 bd 1 ba 1,032 sqft Built 1964 Lot 6,534 sqft single_family
Most recent sale
$381,000
Apr 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2022 Sold $381,000 MLS #DW22034311
Feb 22, 2022 Listed $329,989 MLS #DW22034311
Nov 30, 2017 Sold $197,000 MLS #SW17221840
Sep 26, 2017 Listed $194,000 MLS #SW17221840
Apr 11, 2017 Listing removed $165,500 CRMLS
Nov 18, 2016 Listed $165,500 MLS #SW16763049
Jul 31, 2008 Listing removed $124,900 SoCalMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $366,116 $38,203 $404,319 $4,610
2024 $366,116 $38,203 $404,319 $4,521
2023 $351,900 $36,720 $388,620 $4,460
2022 $172,623 $38,598 $211,221 $2,444
2021 $169,239 $37,842 $207,081 $2,404
2020 $167,504 $37,454 $204,958 $2,376
2019 $164,220 $36,720 $200,940 $2,324
2018 $161,000 $36,000 $197,000 $2,252
2017 $46,356 $43,737 $90,093 $1,064
2016 $45,448 $42,880 $88,328 $1,057
2015 $44,766 $42,237 $87,003 $1,054
2014 $43,890 $41,410 $85,300 $1,007
2013 $43,693 $41,224 $84,917 $1,007
2012 $42,837 $40,416 $83,253 $989
2010 $41,998 $39,624 $81,622 $953
2009 $41,785 $39,423 $81,208 $942
2008 $40,966 $38,650 $79,616 $936
2007 $40,163 $37,893 $78,056 $821

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,032 sqft
Lot size
6,534 sqft
ZIP code
92543
City
Hemet
Street
Frances Ln
Coordinates
33.72776, -116.96062

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,302
Gross rental yield
10.40%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 40141 Frances Ln last sell?
40141 Frances Ln most recently sold on Apr 4, 2022 for $381,000.
What is the current tax assessment for 40141 Frances Ln?
The most recent total assessment for 40141 Frances Ln (year 2025) is $404,319 with $4,610 in property tax.
How does 40141 Frances Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $381,000.
When was 40141 Frances Ln built?
40141 Frances Ln was built in 1964.
How does 40141 Frances Ln compare to others on Frances Ln?
We track 6 other properties on Frances Ln. Browse the list under "Other properties on Frances Ln" to compare beds, baths, and sale history.
What are the property facts for 40141 Frances Ln?
40141 Frances Ln is a 2 bed, 1 bath, 1,032 sqft, 6,534 sqft lot single_family.
Is 40141 Frances Ln a flip candidate?
No — 40141 Frances Ln does not appear in our flips dataset.
Is 40141 Frances Ln a tax-appeal candidate?
No — 40141 Frances Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$288.6K
2026 Q4
$287K
ZIP 92543 — Median Price History + Forecast

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