1885 Silver Oak, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath
1885 Silver Oak
Hemet, California 92545
Property Price
SUMMARY
Analysis of 1885 Silver Oak, Hemet, California 92545 reveals a Fairly Priced Property with a current list price of $390,000 aligned with the estimated $398,429 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 |
|---|---|---|---|---|---|---|
★ 1885 Silver Oak Subject | $390,000* List Price | 3 | 2 | 1,750 | $228 | - |
A 2635 Beech Tree Sold | $350,000 | 3 | 2 | 1,576 | $222 | 0.6 mi |
B 1457 Angelus Hill Sold | $445,000 | 3 | 2 | 1,774 | $251 | 0.9 mi |
C 2669 Maple Drive Sold | $407,000 | 3 | 2 | 1,895 | $215 | 0.7 mi |
D 1886 Tamarack Sold | $394,000 | 3 | 2 | 1,654 | $238 | 0.9 mi |
E 2985 Pembroke Sold | $442,500 | 3 | 2 | 1,572 | $281 | 0.7 mi |
F 2050 Silver Oak Way Sold | $376,000 | 3 | 2 | 1,612 | $233 | 0.1 mi |
G 1825 Flame Tree Active | $324,900 List Price | 3 | 2 | 1,692 | $192 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1978, the property is well-maintained but shows its age through dated interior features, including older kitchen cabinetry, white appliances, and a traditional brick fireplace. While the exterior has been recently enhanced with a new patio cover and concrete work, the interior components and overall style have not undergone a full modern renovation, placing it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Enhanced Outdoor Living
The property features a brand-new patio cover spanning the entire length of the home and updated concrete work, providing an ideal space for relaxation and golf course living.
- Versatile Living Space
With a large 20x20 enclosed patio room and a spacious kitchen designed for multiple cooks, the layout offers significant functional square footage for entertaining.
- Attractive Financing & Low Costs
The combination of low HOA fees, low taxes, and the potential for owner-carry financing provides a unique and accessible entry point for buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1750, other record living area = 1318.
- Dated Construction
Built in 1978, the property may require more maintenance or modernization of its original systems compared to newer residential developments.
- Lower School Ratings
The assigned elementary and middle schools carry lower performance ratings, which could be a drawback for families prioritizing educational metrics.
About 1885 Silver Oak
GOLF COURSE LIVING.. So relaxing to just sit outside under the new patio cover that spans the entire length of the house. This home has 3 bedroom and 2 full bath. A big open living room with a fireplace. The kitchen has an area for dining table and a few bar stools. There is plenty of room to have a few chefs in this kitchen at the same time, plus it has tons of storage. There is an enclosed patio room, the size is about 20X20 with French doors leading to the patio. The owner added new concrete all along the side by the garage and put in the back patio all new. Easy care front and back yard. Low HOA. Low taxes. Owner may carry short term with a good down payment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $64.0 / Month
Neighborhood Insights
Hemet Unified Schools
Mcsweeny Elementary School
Grades K-5 • 1.0 mi
Winchester Elementary School
Grades K-5 • 5.5 mi
Diamond Valley Middle School
Grades 6-8 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,750 | 1,752 | 50% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $390.0K | $445.0K | 24% |
| Price per sq ft | $223 | $247 | 31% |
| Built year | 1978 | 1999 | 11% |
| HOA | $64.0 | $43 | 61% |
| Days on market | 5 | 180 | 0% |
Pricing History
Listed for Sale
Mar 2, 2026
$390,000
Initial Listing
Sold
Dec 30, 2021
$318,000
Public Record
Sold
Jul 23, 2018
$240,000
Public Record
Sold
May 24, 2017
$185,000
Public Record
Sold
Jun 13, 2016
$189,500
Public Record
Sold
May 13, 2016
$165,000
Public Record