517 Louisville, Hemet, California 92545, Hemet, 92545 - 4 bed, 3 bath

517 Louisville, Hemet, California 92545 home-pic-0
ACTIVE$475,000
517 Louisville, Hemet, California 92545
4Beds
3Baths
2,486Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($522,901.89) is $47,901.89 (10%) higher than the list price ($475,000). This property may be underpriced.

Key pros and cons

Top Pros:
Extensive Upgrades & Modern Features: The property boasts significant recent updates including remodeled primary and guest bathrooms, a 5-year-old energy-efficient HVAC system, crown molding, vinyl fencing, and low-maintenance, illuminated drought-resistant landscaping, contributing to its move-in ready appeal.
Top Cons:
Unspecified Kitchen Modernization: While bathrooms are remodeled, the kitchen is described as a 'charming kitchenette' without explicit mention of recent updates, suggesting it might not be as modern or spacious as other areas of the home.

Compared to the nearby listings

Price:$475.0K vs avg $450.0K (+$25,000)62%
Size:2,486 sqft vs avg 1,775.5 sqft85%
Price/sqft:$191 vs avg $2498%

More Insights

Built in 2000 (25 years old).
Condition: Built in 2000, this property is 24 years old, but has undergone significant recent updates. The HVAC system is only 5 years old, and both the primary and guest bathrooms have been extensively remodeled with modern finishes, including granite vanities, new tiling, and updated fixtures, as clearly visible in the images. While the kitchen features updated stainless steel appliances and recessed lighting, the cabinets, tile countertops, and backsplash appear original and somewhat dated. However, the property is described as 'beautifully maintained' and 'move-in ready,' with crown molding and clean flooring throughout. The recent major updates to critical areas like the bathrooms and HVAC, combined with the overall well-kept condition, elevate it beyond 'Fair' despite the kitchen's aesthetic. It meets the 'move-in ready with no immediate renovation required' and 'systems are well-maintained... some components may be updated' criteria for a 'Good' score.
Year Built
2000
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$191
HOA
-
Days on market
-
Sold On
-
MLS number
SW25260719
Home ConditionGood
Features
Patio
ViewMountain(s), Neighborhood

About this home

BACK ON THE MARKET JUST IN TIME FOR CHRISTMAS!!! Buyers loss is your gain!!! Welcome to this beautifully maintained two-story home offering 4-bedrooms, 2.5-bathrooms, and 2,486 square feet of comfortable living space in the heart of West Hemet. Conveniently located near parks, schools, shopping, and dining, this property features low taxes and no HOA, making it an exceptional value. Step inside to a warm and inviting layout that includes a spacious family room with a cozy fireplace, a formal living room, a dedicated dining area, a charming kitchenette, convenient indoor laundry room, and a half-bathroom. Upstairs, a versatile loft provides the perfect space for a home office, playroom, or additional lounge area. The remodeled primary bathroom offers dual granite vanities, a beautiful walk-in shower and a walk-in closet, and the updated guest bathroom highlights modern finishes with gorgeous tile shower/tub combo, granite dual vanities, and custom wood wall details. Additional highlights include crown molding, vinyl fencing, large, covered patio, room for a pool, and an energy-efficient HVAC system that is just 5 years new. The drought resistant landscaping with succulents and DG is beautifully illuminated at night. With its prime location, thoughtful upgrades, and ample living space, this West Hemet beauty is move-in ready and waiting to welcome you home.

Condition Rating
Good

Built in 2000, this property is 24 years old, but has undergone significant recent updates. The HVAC system is only 5 years old, and both the primary and guest bathrooms have been extensively remodeled with modern finishes, including granite vanities, new tiling, and updated fixtures, as clearly visible in the images. While the kitchen features updated stainless steel appliances and recessed lighting, the cabinets, tile countertops, and backsplash appear original and somewhat dated. However, the property is described as 'beautifully maintained' and 'move-in ready,' with crown molding and clean flooring throughout. The recent major updates to critical areas like the bathrooms and HVAC, combined with the overall well-kept condition, elevate it beyond 'Fair' despite the kitchen's aesthetic. It meets the 'move-in ready with no immediate renovation required' and 'systems are well-maintained... some components may be updated' criteria for a 'Good' score.
Pros & Cons

Pros

Extensive Upgrades & Modern Features: The property boasts significant recent updates including remodeled primary and guest bathrooms, a 5-year-old energy-efficient HVAC system, crown molding, vinyl fencing, and low-maintenance, illuminated drought-resistant landscaping, contributing to its move-in ready appeal.
Favorable Financial Structure: A major advantage is the combination of low property taxes and no HOA fees, which significantly reduces the ongoing monthly cost of homeownership for potential buyers.
Versatile & Spacious Layout: The home offers a highly functional floor plan with multiple distinct living areas, including a formal living room, a family room with a cozy fireplace, a dedicated dining area, and a versatile upstairs loft, providing ample space for various family needs.
Enhanced Outdoor Living Potential: Outdoor amenities include a large covered patio and sufficient space in the yard to accommodate a future pool, offering excellent opportunities for entertainment and relaxation.
Convenient West Hemet Location: Strategically located in West Hemet, the property offers convenient access to local parks, schools, shopping, and dining, enhancing its desirability for families and commuters alike.

Cons

Unspecified Kitchen Modernization: While bathrooms are remodeled, the kitchen is described as a 'charming kitchenette' without explicit mention of recent updates, suggesting it might not be as modern or spacious as other areas of the home.
Modest Lot Size: The 5,227 sqft lot, while offering room for a pool, may be considered modest for a 2,486 sqft home, potentially limiting extensive additional outdoor features or expansive yard space beyond the covered patio.
Potential for Older Original Systems: Built in 2000, despite numerous updates, some major systems (e.g., roof, water heater, non-HVAC plumbing/electrical) are 24 years old and may be approaching the end of their typical lifespan, potentially requiring future maintenance or replacement.

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