2995 Joshua, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath

2995 Joshua, Hemet, California 92545 home-pic-0

2995 Joshua

Hemet, California 92545

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,392Sq Ft
7,841Lot Size

Property Price

LIST PRICE$399,000
EST. MARKET VALUE
$371,195
7% AboveMARKET VALUE

SUMMARY

Analysis of 2995 Joshua, Hemet, California 92545 reveals a property with a current list price of $399,000, which is 7% above the estimated $371,195 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

$371,195
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
2995 Joshua
Subject
$399,000*
List Price
321,392$267-
A
3429 Catalina Avenue
Sold
$455,000321,556$2920.3 mi
B
3216 Pepper Street
Sold
$408,910321,392$2940.1 mi
C
1799 Karen Court
Sold
$395,000321,420$2780.8 mi
D
3984 Florence Street
Sold
$485,000421,640$2960.9 mi
E
2998 Elder
Sold
$405,000321,392$2910.1 mi
F
3866 Paris Street
Sold
$450,000421,439$3130.8 mi
G
1245 Millie Drive
Active Under Contract
$420,000
List Price
321,392$3020.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 2001, this property is approximately 25 years old and appears to be in mostly original condition. The kitchen features dated oak-style cabinetry and older white appliances, while the overall interior shows signs of age without recent major renovations. The listing description explicitly mentions the need for a 'personal touch' and cosmetic updates, which aligns with the fair condition criteria for a well-maintained but outdated home.

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 = 7841, living area = 1392.

  • Outdoor Living & RV Access

    The property features a generous 7,841 sqft lot equipped with a covered patio, mature palms, and rare RV access, offering significant utility for outdoor enthusiasts and vehicle storage.

  • Exceptional Value & Low HOA

    At an incredibly low association fee of just $7 per month, this home provides the benefits of a 55+ community lifestyle without the high monthly overhead common in similar developments.

CONSRISKS & DEFICIENCIES

  • Cosmetic Updates Needed

    The listing indicates a need for a 'personal touch,' implying that the interior may require modern updates or minor renovations to reach its full market potential.

  • Age-Restricted Market

    Being located in a 55+ community limits the pool of potential buyers to a specific demographic, which can result in a longer market duration compared to non-restricted residential areas.

About 2995 Joshua

Welcome to 2995 Joshua Way in Hemet, located in a desirable 55+ community, offering great potential for a buyer ready to add their personal touch. Features include a living room with fireplace, dining area, functional kitchen, and generously sized bedrooms. The large private backyard includes a covered patio, mature palms, block wall fencing, RV access, low-maintenance landscaping, and a large 2-car garage. Conveniently located near shopping and amenities.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
7,841 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$7.0 / Month

Neighborhood Insights

Hemet Unified Schools

Fruitvale Elementary School

Grades K-5 • 0.3 mi

4/10

Rancho Viejo Middle School

Grades 6-8 • 0.7 mi

2/10

Tahquitz High School

Grades 9-12 • 0.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3921,752
26%
Lot Size7,8416,098
78%
Price$399.0K$445.0K
28%
Price per sq ft$287$247
76%
Built year20012000
52%
HOA$7.0$43
46%
Days on market35180
1%

Pricing History

Listed for Sale

Jan 31, 2026

$399,000

Initial Listing

Sold

Jan 3, 2020

$260,000

Public Record

Sold

Sep 13, 2005

$293,000

Public Record

Sold

Mar 14, 2002

$150,000

Public Record

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