43771 Applewood Street, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath
43771 Applewood Street
Hemet, California 92544
Property Price
SUMMARY
Analysis of 43771 Applewood Street, Hemet, California 92544 reveals a Fairly Priced Property with a current list price of $419,000 aligned with the estimated $419,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43771 Applewood Street Subject | $419,000* List Price | 3 | 2 | 1,456 | $288 | - |
A 44316 Olive Sold | $390,500 | 3 | 2 | 1,423 | $274 | 0.6 mi |
B 25420 Stephvon Sold | $435,000 | 3 | 2 | 1,342 | $324 | 0.3 mi |
C 25185 Steiner Sold | $460,000 | 4 | 2 | 1,457 | $316 | 0.8 mi |
D 44244 Compiegne Drive Sold | $470,000 | 3 | 2 | 1,568 | $300 | 0.5 mi |
E 25134 Hazelwood Circle Sold | $400,000 | 3 | 2 | 1,389 | $288 | 0.7 mi |
F 43444 Avenida Miraflores Sold | $480,000 | 3 | 2 | 1,567 | $306 | 0.3 mi |
G 24880 Balestrieri Road Active Under Contract | $455,000 List Price | 4 | 2 | 1,454 | $313 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, the property is well-maintained and functional but shows significant signs of being outdated. The kitchen and bathrooms feature older cabinetry, fixtures, and appliances consistent with the original build era. While move-in ready, the home requires cosmetic updates, new flooring, and landscaping to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7405, living area = 1456.
- Competitive Pricing
With a recent price reduction to $419,000, this property represents a highly accessible entry point for first-time buyers or investors looking for value in the Hemet market.
- Functional Floor Plan
The 1,456-square-foot layout is well-designed, featuring a primary en-suite and a separate dining area that maximizes the utility of the living space.
CONSRISKS & DEFICIENCIES
- Modernization Required
Built in 1984 and described as a 'blank canvas,' the home likely requires a budget for cosmetic updates and landscaping to meet modern aesthetic standards.
- Lack of Scenic Views
The property listing specifies no significant views, which may be a drawback for buyers specifically seeking the mountain or valley vistas often found in the region.
About 43771 Applewood Street
Welcome to this spacious 3-bedroom, 2-bath home located in a quiet and established neighborhood in the heart of Hemet. With a functional layout and generous living space, this home offers a great opportunity for buyers looking to add their personal touch. Enjoy a large living area, a practical kitchen with plenty of cabinet space, and a separate dining area perfect for family gatherings. The primary bedroom includes an en-suite bath, while the other two bedrooms are comfortably sized for guests, family, or home office use. The backyard provides a blank canvas for gardening, entertaining, or relaxing, and the attached garage adds convenient storage and parking. Don't miss this chance to own a great home with character and room to grow all at an affordable price in a desirable Hemet location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,456 | 1,640 | 34% |
| Lot Size | 7,405 | 8,276 | 34% |
| Price | $419.0K | $454.0K | 27% |
| Price per sq ft | $288 | $284 | 54% |
| Built year | 1984 | 1980 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 189 | 178 | 54% |
Pricing History
Listed for Sale
Oct 22, 2025
$419,000
$439,000
-5% Price Drop
Initial Listing
Price Change
Aug 30, 2025
$439,000
Initial Listing