1991 Nuevo Street, Hemet, California 92545, Hemet, 92545 - 2 bed, 1 bath
1991 Nuevo Street
Hemet, California 92545
Property Price
SUMMARY
Analysis of 1991 Nuevo Street, Hemet, California 92545 reveals a property with a current list price of $240,000, which is 5% above the estimated $227,720 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 1991 Nuevo Street Subject | $240,000* List Price | 2 | 1 | 827 | $275 | - |
A 2196 W Oakland Avenue Sold | $217,000 | 2 | 1 | 827 | $262 | 0.2 mi |
B 357 Antigua Street Sold | $228,500 | 2 | 2 | 820 | $279 | 0.5 mi |
C 389 Antigua Sold | $216,000 | 2 | 1 | 820 | $263 | 0.5 mi |
D 533 San Rogelio Street Sold | $215,000 | 2 | 1 | 847 | $254 | 0.2 mi |
E 424 Tierra Baja Way Sold | $200,000 | 2 | 1 | 827 | $242 | 0.3 mi |
F 2119 Casita Court Sold | $239,500 | 2 | 1 | 820 | $292 | 0.4 mi |
G 572 San Rogelio Active | $235,000 List Price | 2 | 1 | 827 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready with several functional updates including tiled flooring, crown molding, newer windows, and an updated bathroom vanity. However, it retains its original 1981 galley kitchen with dated cabinetry and laminate countertops. While the systems are functional and the home shows pride of ownership, the overall style and core components reflect the property's age without having undergone a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional HOA Value
The property features an incredibly low HOA fee of only $36 per year, providing significant long-term affordability for residents on a fixed income.
- Move-In Ready Condition
Well-maintained with quality interior upgrades including tiled flooring, crown molding, an updated bathroom vanity, and newer windows.
- Enhanced Climate Control
The home offers a versatile cooling strategy with central HVAC complemented by an energy-efficient evaporative cooler and dual ceiling fans on the patio.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one full bathroom for a two-bedroom residence, the layout may be less convenient for couples or those hosting overnight guests.
- Compact Square Footage
At 827 square feet, the interior living space is relatively small, which may pose a challenge for buyers transitioning from larger homes.
- Market Restrictions
Being situated in a 55+ senior community limits the potential buyer pool to a specific demographic, which can impact future resale liquidity.
About 1991 Nuevo Street
Well maintained 2 bedroom home located in Valle Hermosa 55yr+ senior community. LOW HOA fee (only $36.00 per YEAR!). Galley kitchen with gas stove/oven, refrigerator, and newer garbage disposal. Inside laundry, washer and dryer included. Full bath with updated vanity and built-in medicine cabinet. Tiled flooring and crown molding. Some upgraded lighting and plumbing fixtures. Central HVAC plus a energy-efficient evaporative cooler. Newer window. Front and rear security doors. Grassy fenced backyard. Sliding glass door opens to a covered patio boasting 2 ceiling fans to keep you cool on lazy summer afternoons. A true gem of a home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $36.0 / Month
Neighborhood Insights
Hemet Unified Schools
Fruitvale Elementary School
Grades K-5 • 0.6 mi
Rancho Viejo Middle School
Grades 6-8 • 1.4 mi
Tahquitz High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 827 | 1,752 | 6% |
| Lot Size | 3,920 | 6,098 | 14% |
| Price | $240.0K | $445.0K | 7% |
| Price per sq ft | $290 | $247 | 77% |
| Built year | 1981 | 1999 | 17% |
| HOA | $36.0 | $43 | 46% |
| Days on market | 22 | 180 | 0% |
Pricing History
Listed for Sale
Feb 13, 2026
$240,000
Initial Listing
Sold
Jun 10, 2010
$60,000
Public Record