41797 Shady, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath
ACTIVE$362,000$1,608/sqft
Est. Value: $277,992
-23%
AboveEstimate
41797 Shady, Hemet, California 92544
3Beds
2Baths
1,608Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($277,991.725) is $84,008.275 (23%) lower than the list price ($362,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Value Proposition: This property is highlighted as the 'lowest priced single story home in the neighborhood' and the 'buy of the year,' indicating a highly competitive and attractive price point for potential buyers.
Top Cons:
Sold 'As-Is' Condition: The property is sold strictly 'as-is,' meaning the buyer will be responsible for all repairs, upgrades, and potential unforeseen issues without any seller contribution, which could lead to significant additional costs.
Compared to the nearby listings
Price:$362.0K vs avg $460.0K ($-98,000)6%
Size:1,608 sqft vs avg 1,704 sqft41%
Price/sqft:$225 vs avg $27920%
More Insights
Built in 1972 (54 years old).
Condition: Built in 1972, this property is over 50 years old and shows significant deferred maintenance. The kitchen features severely outdated cabinets and tiled countertops, requiring a complete renovation. Bathrooms are equally dated with original-style vanities, fixtures, and tile work. Carpets are heavily stained and worn throughout, needing immediate replacement. The overall interior condition, including walls and light fixtures, is very dated and shows considerable wear and tear, consistent with an 'as-is' sale and no apparent major renovations in decades. Major systems are likely at or beyond their expected lifespan.
Year Built
1972
Close
-
List price
$362K
Original List price
$362K
Price/Sqft
$225
HOA
-
Days on market
-
Sold On
-
MLS number
SW26008658
Home ConditionPoor
Features
ViewNeighborhood
About this home
**HUD Home in East Hemet **Do not miss the opportunity to purchase the buy of the year! This is the lowest priced single story home in the neighborhood. Featuring 3 Bedrooms, 2 Bathrooms, Formal Living Room, Formal Dining Room, Family Room with Fireplace, Open to the Kitchen. Laundry area in garage, located on a cul-de-sac and more! A perfect place to call home. . Conveniently located off Sanford N/O Whittier 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**
N
Nat Genis
Listing Agent
Condition Rating
Poor
Built in 1972, this property is over 50 years old and shows significant deferred maintenance. The kitchen features severely outdated cabinets and tiled countertops, requiring a complete renovation. Bathrooms are equally dated with original-style vanities, fixtures, and tile work. Carpets are heavily stained and worn throughout, needing immediate replacement. The overall interior condition, including walls and light fixtures, is very dated and shows considerable wear and tear, consistent with an 'as-is' sale and no apparent major renovations in decades. Major systems are likely at or beyond their expected lifespan.
Pros & Cons
Pros
Exceptional Value Proposition: This property is highlighted as the 'lowest priced single story home in the neighborhood' and the 'buy of the year,' indicating a highly competitive and attractive price point for potential buyers.
Owner-Occupant Priority: The initial 15-day restriction for owner-occupants provides a significant advantage for primary homebuyers, reducing immediate competition from investors and offering a better chance to secure the property.
FHA Financing Availability: The availability of FHA financing broadens the potential buyer pool, making the property accessible to a wider range of qualified individuals and potentially facilitating a quicker sale.
Desirable Location & Layout: Located on a quiet cul-de-sac with convenient proximity to shopping, public transportation, and schools. The home offers a functional layout with 3 bedrooms, 2 bathrooms, formal living/dining rooms, and a family room with a fireplace.
HUD Home Benefits: As a HUD home, it often presents an opportunity for a good deal, and the process can be streamlined for buyers willing to undertake necessary improvements.
Cons
Sold 'As-Is' Condition: The property is sold strictly 'as-is,' meaning the buyer will be responsible for all repairs, upgrades, and potential unforeseen issues without any seller contribution, which could lead to significant additional costs.
Age of Property: Built in 1972, the home is over 50 years old, suggesting that major systems (e.g., HVAC, plumbing, electrical, roof) may be original or require updating, potentially incurring future maintenance or replacement expenses.
Limited Condition Details: Beyond being 'as-is,' the description lacks specific details regarding the current physical condition or any known deficiencies, requiring thorough inspections to uncover potential issues.