
Hemet, California 92543
This Value-Add Senior Residence in the Panorama Village 55+ community is listed at $328,000, with a $237,508 Fair Market Value. Holding a Condition Rating of 5, the property requires a comprehensive kitchen and bathroom overhaul to address its original 1964 systems. The asset features a private patio and is within walking distance of the Panorama Village Club, providing access to a pool, gym, and golf course. Sold "AS IS," this acquisition is a strategic project for Fix-and-Flip Investors or Contractors seeking to force appreciation within the Hemet Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1181 W Mayberry W Subject | $328,000* List Price | 2 | 2 | 1,170 | $203 | - |
A 1461 W Westmont Avenue Sold | $289,000 | 2 | 2 | 1,197 | $241 | 0.3 mi |
B 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.2 mi |
C 858 Coral Sold | $330,000 | 2 | 2 | 1,034 | $319 | 0.9 mi |
D 1441 Edgewood Lane Sold | $235,000 | 2 | 2 | 1,170 | $201 | 0.2 mi |
E 410 Panorama Drive Sold | $279,900 | 2 | 2 | 1,425 | $196 | 0.2 mi |
F 1461 Amberwood Active | $279,999 List Price | 2 | 2 | 1,170 | $239 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this property is 60 years old. While the home appears clean and has updated flooring and fresh paint, the kitchen and bathrooms are significantly outdated, likely original or renovated 30-50+ years ago. The kitchen features very old wood cabinets, dated laminate countertops, fluorescent panel lighting, and older white appliances. The bathrooms have similar dated vanities, countertops, and fixtures. Although the listing states 'good maintained condition' and 'All in good condition,' the 'AS IS' sale and the age of critical components (kitchen, bathrooms, and visible older HVAC like the evaporative cooler) indicate that substantial rehabilitation is required to meet modern standards and address systems at or past their expected lifespan. A full kitchen and bathroom renovation is a substantial repair, pushing the property into the 'Poor' category despite its current functional state.
The property is described as being in 'very nice cozy condition' and 'good maintained condition,' suggesting minimal immediate repairs.
Residents have access to the Panorama Village Club, offering a pool, jacuzzi, gym, library, and various social activities.
The house is within walking distance to the community club and very close to essential retail like Sprouts and Marshalls.
The property is being sold 'AS IS,' which transfers all responsibility for potential repairs or hidden issues to the buyer.
Built in 1964, the home may feature older systems (e.g., electrical, plumbing, HVAC) and dated aesthetics that could require future updates or maintenance.
At 1170 sqft, the property offers limited living space, which may not appeal to buyers seeking larger homes or those with growing families.
Very nice cozy condition house in good maintained condition. Owner has lived in the house alone for 4 years, but only 3 months of the year. The house is sold AS IS. Nothing expected. All in good condition. Owner is 76 years old.. Owner is a Real Estate Broker. The house is close to PANORAMA VILLAGE CLUB that has pool, jackuzzy, gym, library, pool ball room. the club has a lot of activities and festives. Very nice and friendly community. Large TV room with free WIFI. This house is walking distance to the club. Very close to Sprouds, Burmingam, Marshals etc.Close (10 min drive) is beautifull HEMET LAKE with trails and blooming flowers People also fish at Hemet Lake, or bike. Mammouth Museum and Science Center with lectures
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.4 mi
Grades 7-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,170 | 1,372 | 33% |
| Lot Size | - | 6,534 | 2% |
| Price | $328.0K | $420.0K | 21% |
| Price per sq ft | $280 | $290 | 46% |
| Built year | 1964 | 1977 | 36% |
| HOA | $120.0 | $0 | 68% |
| Days on market | 109 | 177 | 21% |
Jan 3, 2026
$328,000
Initial Listing
Mar 23, 2022
$290,000
Public Record
Nov 18, 2021
$175,000
Public Record
Feb 24, 2012
$79,000
Public Record
Sep 18, 2008
$79,000
Public Record
Aug 24, 1998
$69,500
Public Record