1380 Teakwood, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
1380 Teakwood
Hemet, California 92543
Property Price
SUMMARY
Analysis of 1380 Teakwood, Hemet, California 92543 reveals a Fairly Priced Property with a current list price of $279,900 aligned with the estimated $282,230 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1380 Teakwood Subject | $279,900* List Price | 2 | 2 | 1,290 | $219 | - |
A 410 Panorama Drive Sold | $279,900 | 2 | 2 | 1,425 | $196 | 0.1 mi |
B 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.1 mi |
C 1441 Edgewood Lane Sold | $235,000 | 2 | 2 | 1,170 | $201 | 0.1 mi |
D 621 Shasta Way Sold | $260,000 | 2 | 2 | 1,197 | $217 | 0.1 mi |
E 681 Shasta Way Sold | $245,000 | 2 | 2 | 1,116 | $220 | 0.2 mi |
F 1561 W Wesley Place Sold | $295,000 | 2 | 2 | 1,152 | $256 | 0.1 mi |
G 1461 Amberwood Active | $290,000 List Price | 2 | 2 | 1,170 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1963, this property is well-maintained and functional but shows significant signs of age. The kitchen and bathrooms feature dated cabinetry, older appliances, and traditional fixtures consistent with mid-century construction. While the home appears clean and move-in ready for its age group, it lacks the modern renovations, high-end materials, and updated systems required for a higher rating, fitting the criteria for a home maintained through regular upkeep rather than recent modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Community Location
Situated on a corner lot directly across from the clubhouse, this home offers unparalleled access to social amenities and ample guest parking.
- Resort-Style Amenities
Residents benefit from a vibrant 55+ lifestyle including a golf course view, heated pool, spa, RV storage, and a variety of recreational facilities.
- Functional Layout & Curb Appeal
The property features direct garage access and is beautifully landscaped with citrus and palm trees, providing both convenience and aesthetic appeal.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1963, the home may require updates to its original systems or interior finishes to meet modern standards and efficiency.
- Demographic Restrictions
As a 55+ community property, the potential buyer pool is restricted by age, which may impact the speed of resale compared to non-restricted residential areas.
About 1380 Teakwood
Pleased to present this fabulous 2-bedroom, 2-bathroom home located in the desirable 55+ Golf Community of Panorama Village. This corner-lot property is beautifully surrounded by citrus and palm trees and is situated directly across from the clubhouse, offering ample guest parking. The home also features its own driveway with direct garage access into the home. Residents of Panorama Village enjoy a vibrant lifestyle and an array of amenities, including: Year-round heated pool and spa, Exercise room and library, Crafts, pool tables, and indoor shuffleboard plus RV storage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Hemet Unified Schools
Whittier Elementary School
Grades K-5 • 0.6 mi
Diamond Valley Middle School
Grades 6-8 • 1.5 mi
Aspire Community Day
Grades 7-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,290 | 1,337 | 44% |
| Lot Size | 4,356 | 6,534 | 17% |
| Price | $279.9K | $415.0K | 17% |
| Price per sq ft | $217 | $278 | 20% |
| Built year | 1963 | 1976 | 33% |
| HOA | $130.0 | $0 | 62% |
| Days on market | 3 | 159 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$279,900
Initial Listing
Sold
Mar 5, 2004
$150,000
Public Record
Sold
May 29, 2003
$129,500
Public Record