
Hemet, California 92543
This Renovated Single Family Residence is a Prime Investment Opportunity, listed at $424,999—positioned well below the $436,266 Fair Market Value by 2%. This valuation gap offers $11,267 in Instant Equity. Featuring a Modernized Interior with a Granite Kitchen and an Excellent Condition Rating, the home is move-in ready. Its expansive corner lot provides significant potential for future additions. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-quality, low-maintenance home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 E Mayberry Avenue Subject | $424,999* List Price | 3 | 2 | 1,240 | $352 | - |
A 1126 Lucerne Sold | $405,000 | 2 | 2 | 1,216 | $333 | 0.5 mi |
B 548 W Montrose Sold | $400,000 | 3 | 2 | 1,027 | $389 | 0.6 mi |
C 579 W Mayberry Avenue Sold | $380,000 | 2 | 1 | 942 | $403 | 0.6 mi |
D 780 Shellie Lane Sold | $399,000 | 2 | 2 | 1,114 | $358 | 0.5 mi |
E 501 Palmer Dr Sold | $335,000 | 2 | 2 | 1,224 | $274 | 0.9 mi |
F 327 S Taylor Sold | $450,000 | 2 | 2 | 1,118 | $403 | 0.3 mi |
G 452 S Harvard Sold | $384,000 | 2 | 2 | 1,081 | $355 | 0.2 mi |
H 409 S Harvard Street Active | $420,000 List Price | 3 | 2 | 1,271 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1910, the property has undergone a comprehensive high-quality renovation within the last 5 years. Visuals and description confirm a modern kitchen with granite and stainless appliances, fully updated bathrooms with contemporary tile, new wood-look flooring, and updated systems including a newer HVAC condenser and water heater, making it move-in ready with no maintenance required.
The home features high-end updates including granite countertops, stainless steel appliances, and stylish wood-look flooring, offering a move-in-ready experience with contemporary aesthetic appeal.
Built in 1910, the residence boasts soaring ceilings and unique architectural details like custom window trim and a farmhouse-inspired fireplace, providing a sense of space and charm rarely found in modern builds.
Situated on a desirable corner lot, the property offers enhanced privacy and an expansive backyard that serves as a blank canvas for potential additions such as a pool, garden, or ADU.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Given the home's 1910 construction date, buyers should be prepared for potential maintenance or upgrades required for century-old foundational, plumbing, or electrical systems.
The property features only a one-car attached garage, which may be a constraint for multi-vehicle households or those requiring significant additional storage space.
Welcome to 505 E. Mayberry Ave., a charming corner-lot home that combines modern updates with timeless character in the heart of Hemet. Offering 3 spacious bedrooms, 1.5 bathrooms, and a 1 car attached garage, this beautifully maintained residence is ready for you to move in and make it your own. Step inside to an open and inviting floor plan featuring soaring ceilings, stylish wood-look flooring, abundant natural light, and a ceiling fan that enhances the spacious living area. The living room serves as the heart of the home with a custom farmhouse-inspired fireplace and mantel, accented by custom window trim that adds warmth and character throughout. Designed for both everyday living and entertaining, the living room flows seamlessly into the beautifully appointed kitchen. Here you'll find granite countertops, a decorative brick-inspired tile backsplash, stainless steel appliances, elegant lighting, and a breakfast bar with seating that creates the perfect gathering place for family and friends. All three bedrooms are generously sized, offering comfortable accommodations for family, guests, or a home office. Outside, the expansive backyard provides a blank canvas with endless possibilities to create your own private retreat, whether you envision a garden, outdoor entertaining space, pool, or play area. Conveniently located near local shopping, dining, schools, parks, and everyday amenities, this home offers the perfect combination of charm, thoughtful upgrades, and a location that makes daily living easy. Don't miss your opportunity to make this beautiful Hemet home your own.
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 | 1,240 | 1,544 |
| Lot Size | 6,534 | 6,970 |
| Price | $425.0K | $446.9K |
| Price per sq ft | $343 | $263 |
| Built year | 1910 | 1988 |
| HOA | $0 | $130 |
| Days on market | 20 | 65 |
Jul 2, 2026
$424,999
Initial Listing
Feb 24, 2023
$355,000
Public Record
Jan 9, 2018
$235,000
Public Record
Jul 26, 2017
$90,000
Public Record