
Hemet, California 92544
This property presents a Strong Value Opportunity with a List Price of $409,000—positioned well below the $445,251 Fair Market Value by 8%. This valuation gap offers $36,251 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes paid solar panels, a private pool, and RV parking on a large cul-de-sac lot. While the property requires TLC, it offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking a project with long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26380 Erwin Court Subject | $409,000* List Price | 3 | 2 | 1,362 | $327 | - |
A 26381 Jepson Court Sold | $465,000 | 3 | 2 | 1,382 | $336 | 0.0 mi |
B 26161 Dartmouth Sold | $395,000 | 2 | 2 | 1,062 | $372 | 0.2 mi |
C 40877 Lela May Avenue Sold | $417,000 | 4 | 2 | 1,394 | $299 | 0.5 mi |
D 41168 Torrey Pine Court Sold | $405,000 | 2 | 2 | 1,204 | $336 | 0.3 mi |
E 40930 Johnston Sold | $420,000 | 3 | 2 | 1,379 | $305 | 0.6 mi |
F 41050 Johnston Ave Sold | $449,000 | 3 | 2 | 1,352 | $332 | 0.5 mi |
G 26136 Dartmouth Sold | $450,000 | 3 | 2 | 1,595 | $282 | 0.3 mi |
H 41272 Mayberry Sold | $385,000 | 2 | 2 | 1,034 | $372 | 0.2 mi |
I 26433 Chestnut Drive Active | $479,000 List Price | 2 | 2 | 1,432 | $334 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property is over 50 years old but shows signs of partial renovation, including an updated bathroom vanity and solar panels. However, the listing explicitly states it needs TLC and is a 'project' sold as-is, placing it in the fair category as it requires repairs and modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1362.
The property includes paid solar panels, providing a significant value-add by reducing monthly utility costs and enhancing long-term sustainability.
Situated on a large 10,454 sq ft cul-de-sac lot, the home features a private pool and RV parking, offering ample space for outdoor recreation and vehicle storage.
The home is in need of significant TLC and is being sold in 'as-is' condition, which will require an additional capital investment for repairs and upgrades.
The sale is subject to lender approval as a short sale, which typically involves a more complex and lengthy closing process compared to standard transactions.
3-bedroom, 2-bath home offers 1,362 sq ft of living space on a 10,454 sq ft lot, RV parking, located in a quiet cul-de-sac near schools. Features include a 2-car garage paid Solar Panel and a large backyard with a pool. The property has endless possibilities and in need of some TLC, sale is a short sale subject to lender approval, call agent for details. Great opportunity for buyers or investors ready to take on a project. Sold as-is.... All buyers, agents, brokers MUST verify all information for accuracy and are strongly advised to complete ALL due diligence. Elevate Real Estate Agency makes no representations or warranties, express or implied, with respect to the accuracy or completeness of information provided on MLS and its syndications and will have no liability with respect to its use or reliance. This information is not a substitute for inspections provided by licensed professionals. Pease note, the MLS information is provided for advertising purposes only and is deemed reliable but not guaranteed. Buyers and buyer agents are responsible for conducting their own due diligence to verify the accuracy of entire property and details concerning the property, including but not limited to bed/bath count, permits, square footage, lot size, zoning, and all other pertinent information regarding this property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,362 | 1,544 |
| Lot Size | 10,454 | 6,970 |
| Price | $409.0K | $446.9K |
| Price per sq ft | $300 | $263 |
| Built year | 1971 | 1988 |
| HOA | $0 | $130 |
| Days on market | 19 | 65 |
Jul 3, 2026
$409,000
Initial Listing
Jun 15, 2020
$310,000
Public Record
Aug 2, 2016
$198,000
Public Record
Apr 12, 2010
$134,000
Public Record
Nov 5, 2009
$75,000
Public Record
Sep 8, 2003
$174,000
Public Record