556 San Marino Street, Hemet, California 92545, Hemet, 92545 - 2 bed, 1 bath

556 San Marino Street, Hemet, California 92545 home-pic-0
ACTIVE$235,000
556 San Marino Street, Hemet, California 92545
2Beds
1Bath
827Sqft
3,920Lot

Price Vs. Estimate

The estimated value ($218,590.8) is $16,409.2 (6%) lower than the list price ($235,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable 55+ Community: Located in the sought-after 55+ community of Valle Hermosa, offering a specific lifestyle and community benefits.
Top Cons:
Compact Living Space & Single Bathroom: With only 827 sq ft and one full bathroom, the property offers limited living space which may not suit all buyer needs.

Compared to the nearby listings

Price:$235.0K vs avg $449.9K ($-214,950)6%
Size:827 sqft vs avg 1,769.5 sqft6%
Price/sqft:$284 vs avg $24975%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property is 49 years old. The description of the kitchen with 'laminate countertops and a tile backsplash' suggests a renovation that likely occurred 15-30 years ago, aligning with the 'Fair' condition criteria. The exterior, as seen in the image, shows signs of age with some wear and older features, but appears to be maintained. While functional, the home's systems and aesthetics are dated and would benefit from minor updates to meet current quality standards.
Year Built
1975
Close
-
List price
$235K
Original List price
$235K
Price/Sqft
$284
HOA
$88
Days on market
-
Sold On
-
MLS number
IG25098785
Home ConditionFair
Features
Patio
View-

About this home

Here is your opportunity to purchase a home in the desirable 55+ community of Valle Hermosa! This charming single-family residence offers 2 bedrooms, 1 full bathroom, and 827 sq ft of functional living space. Built in 1975, the home includes an attached one-car garage that shares one wall with a neighboring unit. The efficient galley kitchen features ample cabinet storage, a gas range/oven, laminate countertops with a tile backsplash, pantry, and in-kitchen laundry with upper cabinets and gas dryer hookup. There's a garage door opener, with direct access into the home, and plenty of parking on the long driveway. A cozy dining nook sits just off the kitchen, overlooking your front yard. There is a wonderful front little patio area for relaxing. The full bathroom offers a tub/shower combo. One bedroom has a sliding door that opens to the backyard’s covered patio. Low annual HOA fee of just $88! Conveniently located near shopping, restaurants, medical offices, and commuter routes. Investor-friendly HOA. Don’t miss this great opportunity!

Nearby schools

4/10
Fruitvale Elementary School
Public,K-50.6mi
2/10
Rancho Viejo Middle School
Public,6-81.3mi
4/10
Tahquitz High School
Public,9-121.5mi
1/10
Aspire Community Day
Public,7-122.7mi
Condition Rating
Fair

Built in 1975, this property is 49 years old. The description of the kitchen with 'laminate countertops and a tile backsplash' suggests a renovation that likely occurred 15-30 years ago, aligning with the 'Fair' condition criteria. The exterior, as seen in the image, shows signs of age with some wear and older features, but appears to be maintained. While functional, the home's systems and aesthetics are dated and would benefit from minor updates to meet current quality standards.
Pros & Cons

Pros

Desirable 55+ Community: Located in the sought-after 55+ community of Valle Hermosa, offering a specific lifestyle and community benefits.
Low Annual HOA Fee: Features an exceptionally low annual HOA fee of just $88, significantly reducing recurring ownership costs.
Convenient Location: Strategically situated near essential amenities including shopping, restaurants, medical offices, and major commuter routes.
Functional Kitchen & Laundry: The efficient galley kitchen is well-equipped with ample storage, gas range, pantry, and convenient in-kitchen laundry facilities.
Investor-Friendly HOA: The HOA is noted as investor-friendly, potentially broadening the property's appeal to a wider range of buyers.

Cons

Compact Living Space & Single Bathroom: With only 827 sq ft and one full bathroom, the property offers limited living space which may not suit all buyer needs.
Older Construction Year: Built in 1975, the home's age may imply a need for updates to systems or aesthetics to meet modern standards.
Shared Garage Wall: The attached one-car garage shares a wall with a neighboring unit, which might be a consideration for buyers seeking complete detachment.

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