27190 Columbia Street, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath
27190 Columbia Street
Hemet, California 92544
Property Price
SUMMARY
Analysis of 27190 Columbia Street, Hemet, California 92544 reveals a Fairly Priced Property with a current list price of $489,000 aligned with the estimated $476,502 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 |
|---|---|---|---|---|---|---|
★ 27190 Columbia Street Subject | $489,000* List Price | 4 | 2 | 1,774 | $269 | - |
A 40640 Pixie Sold | $400,000 | 4 | 2 | 1,500 | $267 | 0.5 mi |
B 27341 Meridian Street Sold | $430,000 | 3 | 2 | 1,709 | $252 | 1.0 mi |
C 41795 El Camino Drive Sold | $489,000 | 4 | 2 | 1,562 | $313 | 0.9 mi |
D 40602 Shellie Lane Sold | $440,000 | 4 | 2 | 1,332 | $330 | 0.6 mi |
E 41384 Collegian Way Sold | $460,000 | 4 | 2 | 1,802 | $255 | 0.7 mi |
F 41224 Toledo Drive Sold | $454,000 | 3 | 2 | 1,640 | $277 | 0.2 mi |
G 26680 Major Pending | $430,000 List Price | 3 | 2 | 1,832 | $235 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old. While the kitchen features updated granite counters and ample cabinetry, and laminate wood flooring has been installed throughout, suggesting some renovations, the overall age of the home implies that major systems (HVAC, plumbing, electrical) may be outdated or nearing the end of their lifespan, as indicated by the 'Age of Property' weakness. The exterior image shows a dated garage door and general aesthetic. The description also notes the home 'has lots of potential,' which often suggests further modernization is needed beyond the current updates. The paid-off solar panels are a significant modern upgrade for energy efficiency but do not fully offset the need for potential updates to other components. Therefore, the property is functional but requires minor updates and repairs to fully modernize, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Paid-Off Solar Panels
The property includes approximately 30 solar panels that will be paid off at closing, offering significant long-term energy cost savings for the new owner.
- Spacious Lot Size
With over 10,000 square feet, the lot provides ample outdoor space for entertainment, gardening, or potential expansion.
- Updated Kitchen Features
The kitchen is spacious and features granite counters and abundant cabinetry, providing a modern and functional cooking environment.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1973, the home's age suggests potential for older systems (e.g., plumbing, electrical, HVAC) that may require future maintenance or upgrades not explicitly mentioned as completed.
- Implied Need for Further Investment
The description states the home 'has lots of potential,' which often indicates that while some areas are updated, other parts may require additional modernization or investment to reach full market potential.
- Listing Price vs. Estimated Value
The current listing price is slightly above the estimated market value, which could limit immediate equity for a buyer or require strong justification during negotiations.
About 27190 Columbia Street
This unique home is in the heart of Hemet. offering 4 bedrooms 2 bath. The Kitchen is spacious with granite counters lots of cabinets. Primary bedroom is on the opposite side of the other bedrooms giving privacy. There is a brick fireplace in the dining area. There is laminate wood flooring throughout the home. The home is on a lot of over 10,000 square feet. Plenty of room for entertainment. There are approximately 30 solar panels that will be paid off at the close of escrow. This home has lots of potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,774 | 1,646 | 60% |
| Lot Size | 10,890 | 8,276 | 72% |
| Price | $489.0K | $455.0K | 64% |
| Price per sq ft | $276 | $282 | 45% |
| Built year | 1973 | 1980 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 261 | 178 | 83% |
Pricing History
Listed for Sale
Jun 19, 2025
$489,000
Initial Listing