531 S Thompson, Hemet, California 92543, Hemet, 92543 - 2 bed, 1 bath
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Hemet, California 92543
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $389,900—positioned above the $374,295 Fair Market Value. While priced slightly above market, the property features an Excellent Condition Rating due to a Brand-New Roof, Remodeled Kitchen, and fresh interior/exterior paint. The generous 8,276 sqft lot with no rear neighbors provides significant privacy and outdoor potential. This move-in-ready home offers a stress-free transition for first-time buyers or owner-occupants seeking a quiet, updated sanctuary in the Hemet Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 S Thompson Subject | $389,900* List Price | 2 | 1 | 884 | $423 | - |
A 424 W Acacia Avenue Sold | $320,000 | 2 | 2 | 880 | $364 | 0.7 mi |
B 608 S Buena Vista Sold | $390,000 | 2 | 1 | 952 | $410 | 0.1 mi |
C 1113 E Acacia Avenue Sold | $365,000 | 2 | 1 | 1,030 | $354 | 0.4 mi |
D 1108 E Mayberry Sold | $370,000 | 2 | 1 | 792 | $467 | 0.3 mi |
E 224 224 S Alessandro Sold | $405,000 | 2 | 1 | 816 | $496 | 0.6 mi |
F 327 S Taylor Sold | $450,000 | 2 | 2 | 1,118 | $403 | 0.2 mi |
G 1027 Griffith Active | $389,000 List Price | 3 | 1 | 912 | $427 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone a complete recent renovation including a brand-new kitchen (cabinets, countertops, appliances), an updated bathroom, and a newly installed roof. With fresh interior/exterior paint and modern flooring, it meets the criteria for a mint-condition home with a renovation less than 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 884.
The property features a brand-new roof, a fully remodeled kitchen with new appliances, and fresh interior and exterior paint, ensuring a move-in-ready experience for the buyer.
Situated on a generous 8,276 sqft lot with no rear neighbors and a fully fenced backyard, this home offers a high degree of seclusion and outdoor potential.
The property was recently sold within the past year on 2026-04-01. The sold price is $235,000.00.
At just 884 square feet with only one bathroom, the home's compact footprint may be a constraint for growing families or those requiring more functional space.
The property is ineligible for FHA loans until after June 30th, which may limit the initial pool of qualified buyers and delay the closing timeline.
LOCATION, LOCATION, LOCATION! This cozy and quiet home is move-in ready with fresh new paint inside and out. Enjoy the updated bathroom and brand-new kitchen featuring new cabinets, countertops, and appliances and maybe best of all a BRAND NEW ROOF was just installed. The home offers 2 bedrooms, 1 bathroom, a spacious living room, and a dining area with access to the enclosed patio and private backyard. The fully fenced backyard has no rear neighbors, giving you extra privacy and comfort. The front porch provides easy access and a welcoming feel. Conveniently located near shopping, dining, and public transit in a great community with plenty of activities. A must-see home in an excellent location! FHA loans acceptable after June 30th.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 884 | 1,410 | 5% |
| Lot Size | 8,276 | 6,534 | 80% |
| Price | $389.9K | $425.0K | 33% |
| Price per sq ft | $441 | $283 | 96% |
| Built year | 1961 | 1977 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 176 | 1% |
May 13, 2026
$389,900
Initial Listing
Apr 1, 2026
$235,000
Public Record
May 8, 2019
$204,000
Public Record
May 22, 2015
$125,000
Public Record
Feb 27, 2013
$84,000
Public Record
Jul 28, 2011
$78,500
Public Record
Jun 20, 2011
$55,000
Public Record