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44666 Palm Avenue, Hemet, California 92544, Hemet, 92544 - 5 bed, 4 bath

44666 Palm Avenue, Hemet, California 92544 home-pic-0
ACTIVE$598,900$2,049/sqft
Est. Value: $605,556
1%
FairlyEstimate
44666 Palm Avenue, Hemet, California 92544
5Beds
4Baths
2,049Sqft
15,246Lot

Price Vs. Estimate

The estimated value ($605,556.345) is $6,656.345 (1%) lower than the list price ($598,900). 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 = 15246, living area = 2049.
Top Cons:
Lack of Central Air Conditioning in Main House: While the ADU bedrooms have individual AC units, the description does not mention central air conditioning for the primary 3-bedroom residence, which could be a significant comfort issue in Hemet's climate.

Compared to the nearby listings

Price:$598.9K vs avg $463.0K (+$135,900)87%
Size:2,049 sqft vs avg 1,710 sqft67%
Price/sqft:$292 vs avg $28160%

More Insights

Built in 1973 (53 years old).
Condition: Despite being built in 1973, the property has undergone extensive and recent renovations, particularly in the main house's kitchen and bathrooms. The kitchen features modern white shaker cabinets, quartz countertops, and new stainless-steel appliances. Both the master and hallway bathrooms are described as 'new' and appear updated with modern vanities and fixtures. New LVP flooring is present throughout the main living areas. The addition of a 2-bedroom, 2-bathroom ADU further contributes to the property's 'virtually new' status for a significant portion of its living space. While the original structure's age and the lack of central AC in the main house are noted, the visible and described components meet current quality standards with no deferred maintenance, aligning with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1973
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
DW26008459
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

HOUSE + ADU, . The initial home is a 3-bedroom, 2-bathroom. To the left, entering the hallway to the master bedroom with a new master bathroom, his and hers closet. The other two bedrooms face the lovely backyard and share the hallway's new bathroom. The kitchen is a total delight with White cabinets, quartz countertops, and stainless-steel appliances. From the kitchen, you go into the patio and to the backyard through the French doors. Also, from the kitchen, there is a direct entry to the new unit with two bedrooms, two bathrooms, a storage closet, and a laundry area. The garage was transformed into a 2-bedroom, 2-bathroom unit to fit the needs of the extended family. Each of these two bedrooms has its own AC unit for convenience and energy savings. The unit has a private entrance from the patio, LOW maintenance landscaped backyard with automated sprinklers and beautiful night lighting. You have amazing views of the San Jacinto Mountains right out of your kitchen window (No HOA, No Mello-Roos taxes, Low property taxes), Lot Size is 15,246, enough space for RV Parking. Appliances Included: Stove, Dishwasher, Microwave & Fridge.

S
Salvador Ortuno Bermudez
Listing Agent

Price History

Date
Event
Price
06/01/23
Sold
$550,000
09/09/14
Sold
$105,000
Condition Rating
Excellent
Despite being built in 1973, the property has undergone extensive and recent renovations, particularly in the main house's kitchen and bathrooms. The kitchen features modern white shaker cabinets, quartz countertops, and new stainless-steel appliances. Both the master and hallway bathrooms are described as 'new' and appear updated with modern vanities and fixtures. New LVP flooring is present throughout the main living areas. The addition of a 2-bedroom, 2-bathroom ADU further contributes to the property's 'virtually new' status for a significant portion of its living space. While the original structure's age and the lack of central AC in the main house are noted, the visible and described components meet current quality standards with no deferred maintenance, aligning with the 'excellent' criteria for a recently and extensively renovated property.
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 = 15246, living area = 2049.
Versatile ADU for Income or Multi-Generational Living: The property features a fully converted garage into a 2-bedroom, 2-bathroom unit with a private entrance and individual AC units, offering significant flexibility for rental income or accommodating extended family.
Extensively Updated Interior: The main home boasts a modern kitchen with white cabinets, quartz countertops, and stainless-steel appliances, along with new master and hallway bathrooms, providing a move-in ready experience.
Significant Financial Advantages: The absence of HOA fees and Mello-Roos taxes, coupled with low property taxes, results in substantial monthly savings for the homeowner.
Large, Functional Lot with RV Parking: A generous 15,246 sqft lot provides ample outdoor space, including dedicated RV parking, and a low-maintenance, landscaped backyard with automated sprinklers and night lighting.
Scenic Mountain Views: Enjoy 'amazing views of the San Jacinto Mountains' directly from the kitchen window, enhancing the property's aesthetic appeal and living experience.

Cons

Lack of Central Air Conditioning in Main House: While the ADU bedrooms have individual AC units, the description does not mention central air conditioning for the primary 3-bedroom residence, which could be a significant comfort issue in Hemet's climate.
Absence of Traditional Garage: The conversion of the garage into an ADU means there is no enclosed garage space for vehicle parking or traditional storage, which may be a drawback for many buyers.
Age of Original Construction: Despite significant updates, the main structure's 1973 build year might raise concerns for some buyers regarding underlying systems (e.g., plumbing, electrical, roof) that may not have been fully replaced or updated.
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