
Hemet, California 92545
This Spacious Multi-Generational Home represents a High-Potential Investment Opportunity, listed at $547,000—positioned slightly above the $539,629 Fair Market Value. While the property requires cosmetic updates due to its Fair Condition Rating, the 3,418 sqft layout, including a main-floor guest suite and dual lofts, offers significant value-add potential. Located in the gated Willowalk community, this asset provides a secure, amenity-rich environment. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic interior improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3070 Sand Pine Trail Subject | $547,000* List Price | 5 | 3 | 3,418 | $158 | - |
A 3045 Statice Court Sold | $574,900 | 5 | 5 | 3,511 | $164 | 0.4 mi |
B 3215 Tumbleweed Sold | $534,950 | 4 | 3 | 2,808 | $191 | 0.6 mi |
C 2824 Lancaster Ave Sold | $430,000 | 5 | 3 | 2,557 | $168 | 0.2 mi |
D 4490 Rainbow View Way Sold | $575,000 | 5 | 3 | 3,127 | $184 | 0.9 mi |
E 1819 Overland Court Sold | $550,000 | 4 | 4 | 3,511 | $157 | 0.8 mi |
F 1725 Gazebo Lane Sold | $560,000 | 5 | 5 | 3,698 | $151 | 0.7 mi |
G 1273 Bee Balm Road Sold | $500,000 | 4 | 3 | 2,808 | $178 | 0.1 mi |
H 3010 Sand Pine Active | $555,500 List Price | 5 | 3 | 3,335 | $167 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, this 19-year-old HUD home features original kitchen and bathroom finishes that are dated. The interior shows signs of deferred maintenance typical of foreclosures, including stained carpeting, patchy paint, and a neglected exterior landscape, necessitating minor repairs and cosmetic updates to reach move-in standards.
Boasting over 3,400 square feet with five bedrooms, two lofts, and a convenient main-floor guest suite with a full bath, this home offers exceptional versatility for large or multi-generational families.
The 15-day owner-occupant bidding restriction combined with FHA financing eligibility provides a significant competitive edge for primary residents to secure a high-value property without immediate investor competition.
Located within the gated Willowalk community in West Hemet, the property offers enhanced security and access to active HOA amenities, adding long-term appeal and lifestyle value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3418, other record living area = 3335.
As a HUD-owned property sold strictly in as-is condition, buyers must be prepared for potential deferred maintenance and the inability to negotiate seller-funded repairs or credits.
The $200 monthly association fee represents a notable recurring carrying cost that buyers must factor into their total monthly debt-to-income ratio and long-term affordability.
** HUD HOME ** in west Hemet. Large two story home in the gated community of Willowalk. Perfect place to call home in this active HOA community, 5 Bedrooms, 3 baths, large family room with fireplace, open to the large chef's kitchen. Separate dining room, Private den, 2 Lofts upstairs, upstairs indoor laundry room, Main floor guest bedroom with private full bathroom. 3 car tandem garage with direct access to the home. Conveniently located off Sanderson Ave. and Stetson Ave. Close proximity to shopping, public transportation and nearby schools. Come see this house, make an offer and make this your home today! Best of all, this property has available FHA financing, and the sale is restricted for the next 15 days to owner occupants! Beat the investors, and buy the best deal in Hemet today! ** All HUD Homes are Sold AS-IS**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,418 | 1,544 |
| Lot Size | 6,098 | 6,970 |
| Price | $547.0K | $446.9K |
| Price per sq ft | $160 | $263 |
| Built year | 2005 | 1988 |
| HOA | $200.0 | $130 |
| Days on market | 19 | 65 |
Jul 3, 2026
$547,000
Initial Listing
Apr 5, 2022
$560,000
Public Record
Mar 3, 2020
$339,000
Public Record
Oct 2, 2008
$210,000
Public Record
Jan 31, 2006
$429,000
Public Record