
Hemet, California 92543
This Single Family Residence presents a Strong Value Opportunity, listed at $499,900—positioned well below the $520,903 Fair Market Value by 4%. This valuation gap offers $21,003 in Instant Equity. Featuring a Condition Rating of 4, the home includes Tesla solar panels and RV parking, though it requires cosmetic updates. While local schools have lower ratings, the lack of HOA fees and low taxes enhance long-term affordability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 Pertano Subject | $499,900* List Price | 4 | 3 | 1,973 | $264 | - |
A 801 Aria Road Sold | $380,000 | 4 | 2 | 2,020 | $188 | 0.8 mi |
B 601 Presidents Sold | $410,000 | 4 | 2 | 1,414 | $290 | 0.3 mi |
C 869 Fillmore Court Sold | $500,000 | 3 | 3 | 1,597 | $313 | 0.3 mi |
D 731 Buchanan Street Sold | $453,000 | 4 | 2 | 1,414 | $320 | 0.3 mi |
E 833 Empressa Court Sold | $473,000 | 3 | 2 | 1,543 | $307 | 0.0 mi |
F 775 Sonrisa Sold | $415,000 | 3 | 2 | 1,414 | $293 | 0.4 mi |
G 1145 Viento Active | $575,000 List Price | 4 | 3 | 1,879 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the home is 23 years old and features original oak cabinetry, white tile countertops, and dated bathroom fixtures. While the property is functional and includes modern upgrades like Tesla solar panels, the interior finishes are past the 20-year mark and require cosmetic updates, and the backyard remains largely unfinished.
The inclusion of Tesla solar panels provides a significant value-add by reducing monthly utility expenses and enhancing the home's long-term sustainability.
With no HOA fees and a low property tax rate, this property offers superior affordability and financial freedom compared to many neighboring developments.
The 1,973 sqft floor plan features a flexible bonus room and dedicated RV parking, making it ideal for multi-generational families or those with recreational storage needs.
The assigned public schools have relatively low ratings, ranging from 1 to 4, which may be a deterrent for families prioritizing high-performing educational environments.
Located in Hemet, the property is in a market that typically experiences slower appreciation and lower demand than more central Southern California metropolitan hubs.
Welcome to 1060 Pertano Lane in Hemet! This beautiful two-story home offers 4 bedrooms, 3 full bathrooms, a versatile bonus room, and 1,973 square feet of thoughtfully designed living space. With a spacious and functional floor plan, this home is perfect for growing families, multi-generational living, or anyone looking for extra room to work, play, and entertain.The flexible bonus room can easily be used as a home office, playroom, media room, gym, or potential fifth bedroom. Generously sized living spaces and comfortable bedrooms provide plenty of room for everyone, while the three full bathrooms add convenience and functionality. Step outside and enjoy the added benefit of RV parking, offering plenty of space for your recreational vehicles, trailers, or additional parking needs. The home also features Tesla solar panels to help improve energy efficiency and reduce utility costs. Located in a desirable Hemet neighborhood with NO HOA and low property taxes, this home offers exceptional value and freedom without the added monthly fees. Conveniently situated near schools, shopping, dining, and parks, you’ll enjoy all the convenience. Don’t miss this incredible opportunity to own a spacious, energy-efficient home with RV parking, low taxes, and no HOA. Schedule your private showing today!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,973 | 1,544 |
| Lot Size | 7,405 | 6,970 |
| Price | $499.9K | $446.9K |
| Price per sq ft | $253 | $263 |
| Built year | 2003 | 1988 |
| HOA | $0 | $130 |
| Days on market | 27 | 65 |
Jun 25, 2026
$499,900
Initial Listing
Jun 22, 2023
$475,000
Public Record
Mar 21, 2016
$245,000
Public Record
Sep 16, 2013
$193,000
Public Record
Aug 6, 2009
$150,000
Public Record
Jul 24, 2003
$203,500
Public Record