40352 Revere Ave, Hemet, California 92544, Hemet, 92544 - 4 bed, 3 bath

40352 Revere Ave, Hemet, California 92544 home-pic-0
ACTIVE$449,000
40352 Revere Ave, Hemet, California 92544
4Beds
3Baths
1,196Sqft
Lot
Year Built
1960
Close
-
List price
$449K
Original List price
$460K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
250027274SD
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,5 Pros. Rank: price - $449.0K(33th), sqft - 1196(10th), beds - 4(65th), baths - 3(73th).

Amazing home with plenty of space for a growing family, close to all major shopping centers restaurants and schools. Has a large sun room and amazing she/he shed with all the necessities great for office or additional bedroom. Blank canvas large back yard plenty of space for family gatherings and more. Home is equipped with solar and central ac for those hot summer days. New water heater and flooring and freshly painted and well maintained also large drive way for plenty of parking.

Condition Rating
Fair

Built in 1960, this property is over 60 years old. While the listing mentions recent updates such as new flooring, fresh paint, a new water heater, and the addition of solar and central AC, the absence of images for the kitchen and bathrooms strongly suggests these key areas are likely outdated in style and features, even if functional. The visible tile flooring, while clean, does not appear to be a modern installation. The home is described as 'well maintained' and 'move-in ready' but would benefit from minor updates, especially in the kitchen and bathrooms, to align with current standards.
Pros & Cons

Pros

Recent Upgrades & Maintenance: The home boasts recent updates including a new water heater, new flooring, and fresh paint, indicating it is well-maintained and move-in ready for buyers.
Energy Efficiency: Equipped with solar panels, the property offers significant long-term energy savings, enhancing its appeal to environmentally conscious buyers and reducing utility costs.
Versatile Outbuilding: The 'she/he shed with all the necessities' provides valuable flexible space, ideal for a home office, additional bedroom, or hobby room, adding functional value.
Family-Friendly Amenities: With 4 bedrooms, 3 bathrooms, a large sunroom, and a spacious, 'blank canvas' backyard, the property offers ample space for a growing family and entertaining.
Convenient Location: Its proximity to major shopping centers, restaurants, and schools makes it a highly convenient location for daily necessities and family activities.

Cons

Significant Overpricing: The current list price of $449,000 is 24% above the estimated property value of $338,094.75, suggesting it is substantially overpriced compared to recent comparable sales.
Older Construction: Built in 1960, the property is over 60 years old. While some updates are noted, older homes can present potential for unforeseen maintenance issues related to original systems or structural components.
Compact Interior for Bedroom Count: At 1196 square feet for 4 bedrooms and 3 bathrooms, the interior living space may feel somewhat constrained, potentially leading to smaller room sizes despite the description of 'plenty of space'.

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