498 Monte Vista, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath

498 Monte Vista, Hemet, California 92544 home-pic-0

498 Monte Vista

Hemet, California 92544

ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,376Sq Ft
13,504Lot Size

Property Price

LIST PRICE$440,000
EST. MARKET VALUE
$402,132
9% AboveMARKET VALUE

SUMMARY

Analysis of 498 Monte Vista, Hemet, California 92544 reveals a property with a current list price of $440,000, which is 9% above the estimated $402,132 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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

$402,132
Based on Realkey algorithm analyzing recent comparable sales in Hemet.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
498 Monte Vista
Subject
$440,000*
List Price
421,376$292-
A
437 Romain Court
Sold
$450,000321,338$3360.3 mi
B
285 Monte Vista
Sold
$400,000321,201$3330.3 mi
C
201 Monte Vista
Sold
$395,000221,637$2410.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1956, this property is well-maintained and move-in ready but reflects its age through dated architectural styles and eclectic finishes. While the kitchen features brand-new appliances and granite countertops, and the home has received fresh paint and newer carpeting, it has not undergone a comprehensive modern renovation of major systems or structural aesthetics. The presence of older windows, doors, and a 70-year-old infrastructure aligns with the 'fair' classification for a functional but aged home.

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 = 13504, living area = 1376.

  • Expansive Lot & RV Parking

    The generous 13,504 sqft lot provides ample space for recreational vehicles, extra cars, and outdoor storage, which is a significant asset for owners with toys or multiple vehicles.

  • Recent Interior Updates

    The home features fresh paint in key living areas, newer bedroom carpeting, and an updated kitchen with a brand-new stove, dishwasher, and sink, offering a move-in-ready feel.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Vintage Infrastructure

    Built in 1956, the home may have underlying aged plumbing or electrical systems that typically require more maintenance than newer constructions.

  • Compact Living Ratio

    Fitting four bedrooms into 1,376 square feet may result in smaller individual room dimensions and a more confined feel in the common living areas.

About 498 Monte Vista

Welcome to this lovely 4-bedroom (br. 4 is actually a larger bonus room that has a cabinet area; could easily be the 4th Br), 2-bath home situated on a generous lot, offering easy ability for RV parking area—ideal for recreational vehicles, extra cars, or your favorite toys. No HOA & Low Taxes. Inside, the home features fresh, newer paint in the kitchen, living room, hallway, and one of the bathrooms, creating a clean and inviting atmosphere. The kitchen has been thoughtfully updated with a brand-new dishwasher, stove, kitchen sink, and garbage disposal—perfect for anyone who loves to cook or entertain. Newer carpet in bedrooms, providing a soft, cozy feel throughout the sleeping areas. The home also includes a new water treatment system, giving added peace of mind and improved water quality. Additional upgrades include a garage door opener equipped with a built-in camera for extra security and convenience, 3 floodlights, ring doorbell. With its large lot, modern updates, this home is waiting for its next owner! This home qualifies for special loans, with zero money down.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1956
Lot Size
13,504 Sq. Ft.

Interior

Total Bedrooms
4
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
67%
Baths2.02.0
50%
Square foot1,3761,640
27%
Lot Size13,5048,276
78%
Price$440.0K$454.0K
41%
Price per sq ft$320$284
73%
Built year19561980
9%
HOA$0$0
50%
Days on market104177
20%

Pricing History

Listed for Sale

Mar 6, 2026

$440,000

$429,900

+2% Price Increase

Initial Listing

Price Change

Jan 31, 2026

$429,900

$434,000

-1% Price Drop

Initial Listing

Price Change

Jan 14, 2026

$434,000

$434,900

+0% Price Increase

Initial Listing

Price Change

Dec 11, 2025

$434,900

$439,900

-1% Price Drop

Initial Listing

Price Change

Nov 24, 2025

$439,900

Initial Listing

Price Change

Nov 23, 2025

$339,900

Initial Listing

Sold

Jul 26, 2022

$390,000

Public Record

Sold

Apr 11, 2016

$190,000

Public Record

Sold

Mar 6, 2015

$111,000

Public Record

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