614 Gibbel Road, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
ACTIVE$277,500$1,280/sqft
Est. Value: $310,160
11%
BelowEstimate
614 Gibbel Road, Hemet, California 92543
2Beds
2Baths
1,280Sqft
3,049Lot
Price Vs. Estimate
The estimated value ($310,160.145) is $32,660.145 (11%) higher than the list price ($277,500). This property may be underpriced.
Key pros and cons
Top Pros:
Tranquil Community Setting: Located in South Hemet, this property offers a quiet retreat away from urban noise, ideal for those seeking peace and relaxation.
Top Cons:
Property Age & Potential System Updates: Built in 1963, the property is over 60 years old, which may indicate older core systems (e.g., plumbing, electrical) that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$277.5K vs avg $418.5K ($-141,000)14%
Size:1,280 sqft vs avg 1,372 sqft41%
Price/sqft:$217 vs avg $28122%
More Insights
Built in 1963 (63 years old).
Condition: Built in 1963, this property is aged but appears well-maintained with recent cosmetic updates like fresh paint and new bedroom flooring. However, the kitchen features outdated tiled countertops and an older electric range, and the bathrooms also show dated tiled vanities and fixtures. The lack of central cooling is a significant functional drawback. While livable, it requires minor updates to the kitchen, bathrooms, and HVAC to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1963
Close
-
List price
$278K
Original List price
$278K
Price/Sqft
$217
HOA
$190
Days on market
-
Sold On
-
MLS number
SW26007480
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Your QUIET retreat awaits!! Located in South Hemet, this tranquil community offers a fresh breath of air, away from the hustle and bustle of town. This two bedroom gem will make a great starter home and your very own personal oasis. It features the only two car garage in the community. The home also boasts four skylights, fresh paint, new flooring in both bedrooms and a fully fenced front patio. The community offers a sparkling pool, doggie park, hiking areas and beautiful wildlife. Seller is very motivated. Low tax area and HOA. Make an appointment to see your relaxing new chapter today
S
Stephanie Record
Listing Agent
Price History
Date
Event
Price
12/12/19
Sold
$162,000
09/30/05
Sold
$165,000
Condition Rating
Fair
Built in 1963, this property is aged but appears well-maintained with recent cosmetic updates like fresh paint and new bedroom flooring. However, the kitchen features outdated tiled countertops and an older electric range, and the bathrooms also show dated tiled vanities and fixtures. The lack of central cooling is a significant functional drawback. While livable, it requires minor updates to the kitchen, bathrooms, and HVAC to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Tranquil Community Setting: Located in South Hemet, this property offers a quiet retreat away from urban noise, ideal for those seeking peace and relaxation.
Comprehensive Community Amenities: Residents benefit from a sparkling pool, doggie park, hiking areas, and natural wildlife, enhancing lifestyle and recreational options.
Exclusive Two-Car Garage: The property boasts the only two-car garage in the community, providing a significant advantage for parking and storage.
Recent Interior Upgrades: Features fresh paint, new flooring in both bedrooms, and four skylights, contributing to a bright and updated interior aesthetic.
Favorable Financial Structure: Benefits from low tax rates and HOA fees, making it an attractive option for budget-conscious buyers, further supported by a motivated seller.
Cons
Property Age & Potential System Updates: Built in 1963, the property is over 60 years old, which may indicate older core systems (e.g., plumbing, electrical) that could require future maintenance or upgrades.
Lack of Central Cooling System: The description does not specify the presence of a central cooling system, which could be a significant comfort concern during Hemet's hot summer temperatures.
Compact Lot Size: With a lot size of 3049 sqft, the outdoor space is relatively small, potentially limiting extensive gardening, outdoor entertaining, or play areas for some buyers.