
Hemet, California 92544
This Updated Corner-Lot Residence is a Strong Value Opportunity, listed at $400,000—positioned below the $404,862 Fair Market Value by 1%. This valuation gap offers $4,862 in Instant Equity. Featuring a Condition Rating of 4, the home boasts a new roof and AC, real bamboo flooring, and a versatile sunroom. Situated in the Hemet Unified district on a large lot with leased solar and a private patio, it balances structural integrity with cosmetic potential. This is an ideal opportunity for first-time buyers or Owner-Occupants looking to build wealth through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41168 Torrey Pine Court Subject | $400,000* List Price | 2 | 2 | 1,204 | $332 | - |
A 41272 Mayberry Sold | $385,000 | 2 | 2 | 1,034 | $372 | 0.1 mi |
B 40877 Lela May Avenue Sold | $417,000 | 4 | 2 | 1,394 | $299 | 0.3 mi |
C 41278 Torrey Pine Court Sold | $350,000 | 2 | 2 | 974 | $359 | 0.1 mi |
D 40930 Johnston Sold | $420,000 | 3 | 2 | 1,379 | $305 | 0.6 mi |
E 41050 Johnston Ave Sold | $449,000 | 3 | 2 | 1,352 | $332 | 0.6 mi |
F 41024 Johnston Sold | $405,000 | 2 | 2 | 1,132 | $358 | 0.6 mi |
G 26205 Lodgepole Active | $439,999 List Price | 2 | 2 | 1,192 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts excellent recent upgrades to major systems (roof and HVAC are 3 years old) and newer windows, the interior remains dated. The kitchen features original 1970s cabinetry and the home has popcorn ceilings throughout, requiring cosmetic modernization to meet current standards.
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 = 1204.
The property features a roof and AC system that are both approximately three years old, along with newer windows, significantly reducing the need for immediate high-cost maintenance.
Situated on a generous 8,276 sqft corner lot, the home includes a versatile sunroom that serves as an ideal flex space for a home office, playroom, or additional lounge area.
The solar system is leased rather than owned, requiring the buyer to assume a contractual agreement which may impact debt-to-income ratios or personal preference.
With only two bedrooms, the property may see restricted demand from larger families or buyers requiring more dedicated guest or hobby rooms.
Welcome to this charming home situated on a spacious corner lot in Hemet! From the moment you enter, you’re greeted by a generously sized living room that flows seamlessly into the dining area and kitchen perfect for everyday living and entertaining. An attached sunroom offers the ideal flex space for a home office, playroom, or additional lounge area. The home features two well-sized bedrooms and two bathrooms, along with beautiful real bamboo flooring throughout. Major upgrades include newer windows, a roof and AC system both just about 3 years old, and leased solar that provides significant energy savings! This home will not last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,607 | 16% |
| Lot Size | 8,276 | 8,276 | 50% |
| Price | $400.0K | $460.0K | 21% |
| Price per sq ft | $332 | $284 | 77% |
| Built year | 1976 | 1978 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 156 | 3% |
May 5, 2026
$400,000
Initial Listing
Jul 28, 2015
$177,000
Public Record
Dec 18, 2002
$112,000
Public Record