27442 Bancroft, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath

27442 Bancroft, Hemet, California 92544 home-pic-0

27442 Bancroft

Hemet, California 92544

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,300Sq Ft
10,890Lot Size

Property Price

LIST PRICE$399,000
EST. MARKET VALUE
$331,466
20% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$331,466
Based on Realkey algorithm analyzing recent comparable sales in Hemet.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27442 Bancroft
Subject
$399,000*
List Price
321,300$255-
A
41940 Stonecliff
Sold
$435,000321,354$3210.1 mi
B
41259 Collegian Way
Sold
$415,000321,279$3240.9 mi
C
27341 Meridian Street
Sold
$430,000321,709$2520.1 mi
D
27485 Bancroft Way
Sold
$370,000421,405$2630.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1962, this property is a classic fixer-upper requiring substantial rehabilitation. The kitchen and bathrooms are severely outdated with original-style cabinetry, laminate countertops, and aged appliances. The interior shows significant wear with stained/worn carpeting and dated fixtures, while the exterior demonstrates deferred maintenance with a neglected yard, consistent with the listing's emphasis on 'potential' and ADU possibilities.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 10890, living area = 1300.

  • ADU & Expansion Potential

    The generous 10,890 sqft lot provides ample space for a home addition or the construction of an Accessory Dwelling Unit (ADU), offering significant value-add opportunities for investors or multi-generational families.

  • Strategic Location

    Ideally situated near a high school with convenient access to downtown Hemet and major freeways, this property offers excellent connectivity and convenience for daily commuting.

CONSRISKS & DEFICIENCIES

  • Renovation Required

    Built in 1962 and noted for its 'potential,' the home likely requires updates to its systems and finishes, necessitating additional capital investment beyond the purchase price.

  • Lack of Scenic Views

    The property lacks any notable views, which may be a disadvantage for buyers seeking the aesthetic appeal often found in the surrounding Riverside County landscape.

About 27442 Bancroft

This home has lots of potential. Big lot, room for add on or can do ADU. Great location close to high school. Easy access to downtown Hemet and freeways. Spacious living room, dining room and kitchen.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
10,890 Sq. Ft.

Interior

Total Bedrooms
3
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3001,640
21%
Lot Size10,8908,276
72%
Price$399.0K$454.0K
17%
Price per sq ft$307$284
67%
Built year19621980
15%
HOA$0$0
50%
Days on market17177
1%

Pricing History

Listed for Sale

Feb 18, 2026

$399,000

Initial Listing

Sold

Jan 31, 2020

$190,000

Public Record

Sold

Sep 18, 2007

$235,000

Public Record

Sold

Aug 15, 2003

$156,000

Public Record

Browse Properties by State Browse housing market trends by state