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40889 Lela May Ave

Hemet, CA 92544

3 bd 2 ba 1,423 sqft Built 1977 Lot 7,840 sqft single_family
Most recent sale
$414,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 27, 2023 Sold $435,000 CRMLS
Oct 19, 2023 Listed $425,000 CRMLS
Feb 24, 2023 Sold $401,000 CRMLS
Jan 19, 2023 Price changed $396,000 CRMLS
Dec 14, 2022 Relisted $425,000 CRMLS
Oct 13, 2022 Price changed $422,000 MLS #IV22096597
Sep 22, 2022 Price changed $425,000 MLS #IV22096597
Aug 11, 2022 Price changed $427,000 MLS #IV22096597
Jul 15, 2022 Price changed $433,000 MLS #IV22096597
Jul 1, 2022 Price changed $441,000 MLS #IV22096597
Jun 10, 2022 Price changed $450,000 MLS #IV22096597
May 20, 2022 Price changed $460,000 MLS #IV22096597
May 9, 2022 Listed $466,000 MLS #IV22096597
Apr 15, 2022 Sold $414,000 Public Record
Sep 24, 2004 Sold $259,500 Public Record
May 1, 1978 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $413,100 $30,600 $443,700 $5,048
2024 $413,100 $30,600 $443,700 $4,950
2023 $391,272 $30,600 $421,872 $4,832
2022 $271,814 $65,122 $336,936 $3,866
2021 $230,351 $55,188 $285,539 $6,148
2020 $205,670 $49,275 $254,945 $5,536
2019 $199,680 $47,840 $247,520 $5,444
2018 $192,000 $46,000 $238,000 $5,305
2017 $161,000 $38,000 $199,000 $4,866
2016 $147,000 $35,000 $182,000 $4,700
2015 $141,000 $34,000 $175,000 $4,654
2014 $107,000 $25,000 $132,000 $4,116
2013 $91,000 $22,000 $113,000 $1,325
2012 $77,000 $18,000 $95,000 $1,122
2010 $79,000 $19,000 $98,000 $1,143
2009 $93,000 $22,000 $115,000 $1,314
2008 $140,000 $76,000 $216,000 $2,456
2007 $218,379 $52,020 $270,399 $2,986

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,423 sqft
Lot size
7,840 sqft
ZIP code
92544
City
Hemet
Street
Lela May Ave
Coordinates
33.73878, -116.94711

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,554
Gross rental yield
13.20%
Implied cap rate
8.58%
Trend-extrapolated value

Frequently asked questions

When did 40889 Lela May Ave last sell?
40889 Lela May Ave most recently sold on Apr 15, 2022 for $414,000.
What is the current tax assessment for 40889 Lela May Ave?
The most recent total assessment for 40889 Lela May Ave (year 2025) is $443,700 with $5,048 in property tax.
How does 40889 Lela May Ave's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $414,000.
When was 40889 Lela May Ave built?
40889 Lela May Ave was built in 1977.
How does 40889 Lela May Ave compare to others on Lela May Ave?
We track 8 other properties on Lela May Ave. Browse the list under "Other properties on Lela May Ave" to compare beds, baths, and sale history.
What are the property facts for 40889 Lela May Ave?
40889 Lela May Ave is a 3 bed, 2 bath, 1,423 sqft, 7,840 sqft lot single_family.
Is 40889 Lela May Ave a flip candidate?
No — 40889 Lela May Ave does not appear in our flips dataset.
Is 40889 Lela May Ave a tax-appeal candidate?
No — 40889 Lela May Ave 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
+4.6%
Implied 1-yr
+18.3%
2026 Q3
$496.1K
2026 Q4
$513.6K
ZIP 92544 — Median Price History + Forecast

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