501 W Latham, Hemet, California 92543, Hemet, 92543 - 3 bed, 2 bath
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Hemet, California 92543
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $415,000—positioned slightly above the $412,719 Fair Market Value. While the price reflects current market stability, the property offers significant versatility with a 3-bedroom, 2-bath layout and a private entrance for the third bedroom. Featuring a modernized kitchen with quartz countertops and central HVAC, the home maintains a Condition Rating of 3. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, move-in ready home in the Hemet Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 W Latham Subject | $415,000* List Price | 3 | 2 | 1,300 | $316 | - |
A 231 N Palm Avenue Sold | $415,000 | 3 | 2 | 1,209 | $343 | 0.3 mi |
B 532 Fern Place Sold | $390,000 | 3 | 2 | 1,314 | $297 | 1.0 mi |
C 919 W Fruitvale Sold | $418,000 | 3 | 2 | 1,233 | $339 | 0.9 mi |
D 338 S Gilbert Sold | $425,000 | 3 | 2 | 1,604 | $265 | 0.4 mi |
E 1135 E Morton Place Sold | $420,000 | 3 | 2 | 1,556 | $270 | 0.9 mi |
F 548 W Montrose Sold | $400,000 | 3 | 2 | 1,027 | $389 | 0.7 mi |
G 214 W Latham Sold | $390,000 | 3 | 2 | 1,046 | $373 | 0.2 mi |
H 409 S Harvard Street Active | $420,000 List Price | 3 | 2 | 1,271 | $330 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1947, the property has undergone significant interior updates including quartz countertops and modern laminate flooring. It features updated central HVAC systems and appears move-in ready; however, the unfinished exterior landscaping and the age of the primary structure keep it from an excellent rating.
The kitchen features updated quartz countertops, providing a contemporary feel and added value to this classic 1947 home.
A third bedroom with a private entrance offers excellent versatility for multi-generational living, a home office, or potential rental opportunities.
Unlike many older homes in the area, this property includes central heating and air conditioning, ensuring year-round comfort in the Hemet climate.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Public records indicate a 2-bedroom, 1.75-bath configuration, which differs from the 3-bedroom, 2-bath listing and may impact appraisal or financing.
Originally constructed in 1947, the property may require ongoing maintenance or updates to aging systems common in homes of this era.
WELCOME TO 501 W.LATHAM AVE IN HEMET, A BEAUTIFUL MAINTAINED SINGLE-STORY HOME OFFERING APPROXIMATELY 1,300 SQUARE FEET OF LIVING SPACE ON A. SPACIOUS 6,970 SQUARE -FOOT LOT. THIS PROPERTY FEATURES 3BED 2BATH A 2 CAR-ATTACHED GARAGE, CENTRAL HEATING ANSWER CENTRAL AC KITCHEN WITH QUARTZ COUNTERTOPS, THE THIRD BEDROOM WITH PRIVATE ENTRANCE. CONVENIENTLY LOCATED NEAR SHOPPING, SCHOOL,AND EVERYDAY AMENITIES. ..... AGENTS TITTLE SHOWS ONLY 2BEDROOMS AND 1.75 BATHROOM
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,300 | 1,544 |
| Lot Size | 6,970 | 6,970 |
| Price | $415.0K | $446.9K |
| Price per sq ft | $319 | $263 |
| Built year | 1947 | 1988 |
| HOA | $0 | $130 |
| Days on market | 47 | 65 |
Jun 5, 2026
$415,000
Initial Listing
Mar 16, 2023
$385,000
Public Record
Sep 28, 2022
$244,500
Public Record
Dec 24, 2015
$190,000
Public Record
Feb 26, 2015
$95,000
Public Record
Jun 27, 2003
$119,000
Public Record