40557 Mayberry Avenue, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath
ACTIVE$485,000
40557 Mayberry Avenue, Hemet, California 92544
4Beds
2Baths
1,643Sqft
8,276Lot
Price Vs. Estimate
The estimated value ($485,000) is $0 (0%) lower than the list price ($485,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 8276, living area = 1643.
Top Cons:
Lack of Modern Updates: Built in 1972, the description does not mention any recent remodels or significant upgrades (e.g., kitchen, bathrooms, flooring, roof, HVAC), suggesting the property may be dated compared to many recently sold or active comparables.
Compared to the nearby listings
Price:$485.0K vs avg $472.0K (+$13,000)55%
Size:1,643 sqft vs avg 1,729 sqft42%
Price/sqft:$295 vs avg $27863%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old. The listing explicitly states a 'Lack of Modern Updates' for key areas such as the kitchen, bathrooms, flooring, roof, and HVAC. This indicates that major components are likely original or very dated, requiring substantial repairs and rehabilitation, including extensive system replacements, to meet current standards and functionality. The single exterior image does not contradict this assessment, showing a home consistent with its age and no obvious recent upgrades.
Year Built
1972
Close
-
List price
$485K
Original List price
$445K
Price/Sqft
$295
HOA
-
Days on market
-
Sold On
-
MLS number
SW23170848
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
40557 Mayberry is a charming home that is located in a great neighborhood. The spacious kitchen offers great counterspace, faces the front of the home, and is open to dining room. Living room has pass thru window to the kitchen and slider to the backyard. Down the hall is your 3 good size secondary bedrooms and full bath. The master bedroom has its own bathroom. Great size backyard and 2 car garage.
Condition Rating
Poor
Built in 1972, this property is over 50 years old. The listing explicitly states a 'Lack of Modern Updates' for key areas such as the kitchen, bathrooms, flooring, roof, and HVAC. This indicates that major components are likely original or very dated, requiring substantial repairs and rehabilitation, including extensive system replacements, to meet current standards and functionality. The single exterior image does not contradict this assessment, showing a home consistent with its age and no obvious recent upgrades.
Pros & Cons
Pros
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 = 8276, living area = 1643.
Desirable Neighborhood: The property is located in a great neighborhood, which is a key factor for buyer appeal and long-term value.
Spacious Interior Layout: Features a spacious kitchen with ample counter space, an open layout to the dining room, and good-sized secondary bedrooms, providing comfortable living areas.
Generous Lot Size: The property boasts an 8,276 sqft lot with a 'Great size backyard,' offering significant outdoor space for recreation or potential expansion.
Functional Bedroom Count: With 4 bedrooms and 2 bathrooms, including a master bedroom with its own bathroom, the home accommodates various family needs.
Scenic Views: The property offers desirable 'Mountain(s), Neighborhood' views, enhancing its aesthetic appeal and living experience.
Cons
Lack of Modern Updates: Built in 1972, the description does not mention any recent remodels or significant upgrades (e.g., kitchen, bathrooms, flooring, roof, HVAC), suggesting the property may be dated compared to many recently sold or active comparables.
Extended Market Time: The property has been on the market since September 2023, indicating potential challenges with its current pricing or perceived value in the market.
Price Point vs. Condition: The current list price of $485,000, an increase from its original $445,000, appears less competitive given the lack of mentioned updates when compared to similarly priced or even lower-priced, fully remodeled or amenity-rich comparative properties.