4186 Rexford Drive, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$409,000
4186 Rexford Drive, Hemet, California 92545
3Beds
2Baths
1,330Sqft
5,663Lot
Price Vs. Estimate
The estimated value ($387,767.96) is $21,232.04 (5%) lower than the list price ($409,000). This property may be overpriced.
Key pros and cons
Top Pros:
Financial Advantages: The property benefits from no HOA fees and a very low tax rate, significantly reducing long-term ownership costs.
Top Cons:
Short Sale Status: Being a short sale, the transaction process may be prolonged and complex, with limited room for buyer-requested repairs or concessions from the seller.
Compared to the nearby listings
Price:$409.0K vs avg $449.9K ($-40,950)31%
Size:1,330 sqft vs avg 1,769.5 sqft25%
Price/sqft:$308 vs avg $24984%
More Insights
Built in 1987 (38 years old).
Condition: Built in 1987, this 37-year-old property shows its age. The visible bathroom is functional but dated in style, featuring standard fixtures and finishes that suggest it has not undergone a recent extensive renovation. While the exterior appears maintained, the interior, particularly the bathroom, indicates a need for minor updates to meet current aesthetic standards. No kitchen images were provided, but given the home's age and the bathroom's condition, it's reasonable to infer the kitchen may also be outdated. The property aligns with the 'Fair' category, being aged but maintained, with functional major components that show signs of being outdated.
Year Built
1987
Close
-
List price
$409K
Original List price
$490K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
SW25084457
Home ConditionFair
Features
View-
About this home
This is a SHORT SALE. The banks appraisal came in at $409,000..A great home in the perfect area. This big 3 bedroom and 2 full bath has such a warm family vibe. Close to all shopping and church. The kids can walk to school, Harmony elementary is right around the corner and west valley is just a short walk away. The living room has a nice warm fireplace and plenty of room for the family to relax. The kitchen overlooks the front yard and also connects to the dining area. This home has a nice private/quiet backyard to just unwind. Don't miss this home NO HOA VERY LOW TAX RATE
Condition Rating
Fair
Built in 1987, this 37-year-old property shows its age. The visible bathroom is functional but dated in style, featuring standard fixtures and finishes that suggest it has not undergone a recent extensive renovation. While the exterior appears maintained, the interior, particularly the bathroom, indicates a need for minor updates to meet current aesthetic standards. No kitchen images were provided, but given the home's age and the bathroom's condition, it's reasonable to infer the kitchen may also be outdated. The property aligns with the 'Fair' category, being aged but maintained, with functional major components that show signs of being outdated.
Pros & Cons
Pros
Financial Advantages: The property benefits from no HOA fees and a very low tax rate, significantly reducing long-term ownership costs.
Excellent School Proximity: Located within walking distance to Harmony Elementary and West Valley schools, making it highly attractive for families with children.
Convenient Local Amenities: The home is conveniently close to shopping centers and churches, enhancing daily accessibility and lifestyle.
Appraisal-Aligned Pricing: The current list price of $409,000 matches the bank's appraisal, suggesting a professionally validated and potentially fair market value.
Desirable Home Features: Includes a warm fireplace in the living room and a private, quiet backyard, contributing to a comfortable and relaxing living environment.
Cons
Short Sale Status: Being a short sale, the transaction process may be prolonged and complex, with limited room for buyer-requested repairs or concessions from the seller.
Property Age: Built in 1987, the home is 37 years old, which may imply that some major systems or interior finishes could be original or dated, potentially requiring future updates or maintenance.
Lack of Scenic Views: The property does not offer any special views, which might be a consideration for buyers prioritizing scenic vistas or premium outdoor aesthetics.