25842 - 44081 4th, Hemet, California 92544, Hemet, 92544 - 2 bed, 1 bath
ACTIVE$469,000$833/sqft
Est. Value: $398,747
-14%
AboveEstimate
25842 - 44081 4th, Hemet, California 92544
2Beds
1Bath
833Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($398,747.235) is $70,252.765 (14%) lower than the list price ($469,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 833.
Top Cons:
Age of Main Structure: Built in 1929, the main home is very old, which may imply outdated systems (plumbing, electrical, HVAC) and potential for higher maintenance costs.
Compared to the nearby listings
Price:$469.0K vs avg $463.0K (+$6,000)52%
Size:833 sqft vs avg 1,704 sqft3%
Price/sqft:$563 vs avg $28199%
More Insights
Built in 1929 (97 years old).
Condition: Built in 1929, the main home is very old. While the listing mentions new paint and carpet, the kitchen is significantly outdated with old cabinets, tiled countertops, and older appliances, requiring a full renovation. The property analysis also highlights the age of the main structure, implying outdated major systems (plumbing, electrical, HVAC) that likely require substantial repairs and rehabilitation beyond cosmetic updates.
Year Built
1929
Close
-
List price
$469K
Original List price
$469K
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
SW25277580
Home ConditionPoor
Features
Patio
View-
About this home
Great investment or multi-family opportunity featuring two separate residences on one generous lot. The main home is a 2-bedroom, 1-bath single-family residence with new paint and carpet, while the rear of the property includes a 1-bedroom, 1-bath mobile home. Excellent setup for rental or extended family living!
L
Lydia Ugalde
Listing Agent
Price History
Date
Event
Price
03/29/22
Sold
$275,000
Condition Rating
Poor
Built in 1929, the main home is very old. While the listing mentions new paint and carpet, the kitchen is significantly outdated with old cabinets, tiled countertops, and older appliances, requiring a full renovation. The property analysis also highlights the age of the main structure, implying outdated major systems (plumbing, electrical, HVAC) that likely require substantial repairs and rehabilitation beyond cosmetic updates.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 833.
Multi-Unit Configuration: The property features two separate residences (a 2-bed, 1-bath single-family home and a 1-bed, 1-bath mobile home) on one lot, offering diverse living arrangements.
Investment/Income Potential: This setup is ideal for generating rental income from one or both units, or for accommodating extended family living, enhancing its investment appeal.
Generous Lot Size: A substantial 9,583 sqft lot provides ample space for both residences, outdoor activities, and potential for privacy.
Recent Interior Updates: The main home benefits from new paint and carpet, contributing to its immediate appeal and move-in readiness for prospective occupants.
Versatile Use: The property caters to a broad market, including investors, multi-generational families, or those seeking a 'house hacking' opportunity.
Cons
Age of Main Structure: Built in 1929, the main home is very old, which may imply outdated systems (plumbing, electrical, HVAC) and potential for higher maintenance costs.
Mobile Home Component: The inclusion of a mobile home as the second residence might affect perceived value, financing options, and long-term appreciation compared to two traditional stick-built homes.
Small Main House Footprint: The main 2-bedroom, 1-bath residence is only 833 sqft, which could be considered small for some buyers and may limit its appeal for those seeking more living space.