
Hemet, California 92543
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at $455,990—positioned well above the $419,505 Fair Market Value. While the list price reflects a premium, the property offers significant long-term value through a Paid-Off Solar System, No HOA fees, and Low Taxes. Featuring a Condition Rating of 3, the home includes a modern, updated kitchen with white quartz and a Covered Patio. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with minimized monthly carrying costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1471 Slate Subject | $455,990* List Price | 3 | 2 | 1,270 | $330 | - |
A 1471 S Palm Sold | $485,000 | 3 | 2 | 1,270 | $382 | 0.1 mi |
B 1235 Marble Court Sold | $500,000 | 3 | 2 | 1,720 | $291 | 0.5 mi |
C 1258 Turquoise Sold | $415,000 | 3 | 2 | 1,426 | $291 | 0.3 mi |
D 1010 Basalt Court Sold | $410,000 | 2 | 2 | 1,177 | $348 | 0.2 mi |
E 954 Basalt Court Active | $430,000 List Price | 3 | 2 | 1,372 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 but features a recently updated kitchen with white quartz countertops and a farmhouse sink. The property includes a paid-off solar system and is move-in ready, though some areas like the bathroom lighting and yard maintenance show signs of its 30+ year age.
The inclusion of a fully paid-off solar system provides immediate energy efficiency and significant long-term savings on utility costs for the homeowner.
The home features a contemporary updated kitchen with white quartz countertops, a farmhouse sink, and white cabinetry, offering a move-in-ready aesthetic.
The combination of no HOA fees and a low tax rate makes this property highly attractive for budget-conscious buyers looking to minimize monthly carrying costs.
With only 1,270 square feet of living area, the interior may feel somewhat cramped for a three-bedroom residence, particularly for families requiring more communal space.
The property lacks any significant views, which may be a disadvantage compared to other homes in the region that offer mountain or territorial vistas.
Welcome to 1471 Slate Ave in Hemet. This incredible single story residence offers 3 spacious bedrooms, 2 baths, and 3 car garage. The home features an open floorpan with an updated kitchen, white cabinets throughout, farmhouse sink, and white quartz. Additional highlights include a paid off solar system, large backyard with covered patio perfect for family gatherings. Conveniently located near restaurants and shopping centers. Best of all, enjoy low taxes and no HOA. Don't miss the opportunity to make this gem your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,270 | 1,410 | 41% |
| Lot Size | 6,970 | 6,534 | 58% |
| Price | $456.0K | $425.0K | 62% |
| Price per sq ft | $359 | $290 | 83% |
| Built year | 1990 | 1978 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 177 | 1% |
May 14, 2026
$455,990
Initial Listing
Jul 25, 2024
$440,000
Public Record
Sep 10, 2020
$285,000
Public Record
Jul 25, 2018
$246,000
Public Record
May 31, 2005
$296,000
Public Record