5564 Spur Drive, Hemet, California 92545, Hemet, 92545 - 4 bed, 3 bath

5564 Spur Drive
Hemet, California 92545
Property Price
SUMMARY
Analysis of 5564 Spur Drive, Hemet, California 92545 reveals a property with a current list price of $488,000, which is 9% above the estimated $445,664 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5564 Spur Drive Subject | $488,000* List Price | 4 | 3 | 2,207 | $202 | - |
A 1718 Chute Dr Sold | $525,000 | 4 | 3 | 2,416 | $217 | 0.1 mi |
B 5280 Coyote Street Sold | $512,000 | 4 | 3 | 2,591 | $198 | 0.3 mi |
C 1792 Bronco Road Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.1 mi |
D 4510 Ferngreen Sold | $507,500 | 4 | 3 | 2,034 | $250 | 0.8 mi |
E 5109 Rowel Street Sold | $560,000 | 4 | 3 | 2,591 | $216 | 0.3 mi |
F 1948 Earp Active | $519,900 List Price | 4 | 3 | 2,207 | $236 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2021, this modern home features contemporary amenities including a tankless water heater, solar panels, and an open-concept kitchen with an oversized island. While the structure and systems are nearly new, the property requires exterior yard cleanup and landscaping maintenance, and the description of the interior as 'livable' rather than 'pristine' suggests minor wear consistent with a 'good' rather than 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Multigenerational Layout
Built in 2021, this home features a highly desirable open-concept floor plan with a downstairs bedroom and full bathroom, ideal for guests or multigenerational living.
- Low Carrying Costs & Amenities
The property benefits from a low tax rate and affordable HOA fees while providing access to premium community features including a pool, clubhouse, and scenic trails.
- Energy Efficiency
Equipped with a tankless water heater and a solar lease, the home offers modern energy-saving solutions that help reduce monthly utility expenses.
CONSRISKS & DEFICIENCIES
- Short Sale Contingency
The sale is subject to lender approval, which typically results in a more complex transaction and a longer, less predictable closing timeline.
- Exterior Maintenance Required
The yards are in need of cleanup and landscaping, requiring the buyer to invest immediate time and capital to restore the property's curb appeal.
About 5564 Spur Drive
Discover an incredible opportunity in the desirable Saddle Point community of Hemet. This newer 4-bedroom, 3-bath home offers 2,207 sq ft of open-concept living on a perfectly sized 5,227 sq ft lot, with a layout designed for comfort and flexibility. The downstairs bedroom and full bathroom create an ideal setup for guests or multigenerational living, while the large upstairs loft easily serves as an office, game room, or second living area. The home features a spacious kitchen with an oversized island, a bright open floor plan, tankless water heater, low solar lease payment, and a concrete patio ready for outdoor entertaining. The property is fully fenced with vinyl and block wall fencing for added privacy. The exterior yards are due for some cleanup, and buyers with vision will appreciate the value this creates. The interior is in livable condition and not in disrepair, offering a great opportunity to personalize and build equity in a sought-after neighborhood. Located in Saddle Point, residents enjoy low HOA fees, a community pool, clubhouse, playground, and scenic walking trails. The neighborhood also benefits from a low tax rate, making this home even more appealing. This is a short sale, presenting a rare chance to purchase a newer home in a desirable community at a compelling value. All terms are subject to lender approval.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $110.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,207 | 1,755 | 76% |
| Lot Size | 5,227 | 6,098 | 32% |
| Price | $488.0K | $447.0K | 69% |
| Price per sq ft | $221 | $247 | 29% |
| Built year | 2021 | 2000 | 91% |
| HOA | $110.0 | $43 | 68% |
| Days on market | 7 | 180 | 0% |
Pricing History
Listed for Sale
Feb 28, 2026
$488,000
Initial Listing
Sold
Apr 27, 2022
$509,500
Public Record
