1060 Saltbush Lane, Hemet, California 92545, Hemet, 92545 - 5 bed, 3 bath

1060 Saltbush Lane, Hemet, California 92545 home-pic-0
ACTIVE$480,000
1060 Saltbush Lane, Hemet, California 92545
5Beds
3Baths
3,096Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($439,662.26) is $40,337.74 (8%) lower than the list price ($480,000). This property may be overpriced.

Key pros and cons

Top Pros:
Expansive Living Space: With 3,096 sq ft, 5 bedrooms, and 3 bathrooms, this residence offers substantial room for family living, guests, or flexible use as home offices or creative spaces.
Top Cons:
Requires Renovation/TLC: The property explicitly states it 'may need a bit of TLC,' indicating potential for immediate repair or upgrade costs for the buyer to bring it to optimal condition.

Compared to the nearby listings

Price:$480.0K vs avg $450.0K (+$30,000)63%
Size:3,096 sqft vs avg 1,775.5 sqft97%
Price/sqft:$155 vs avg $2491%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old. While major systems like central heating and AC are present, the listing explicitly states it 'may need a bit of TLC' and is a 'canvas for customization.' The visible bathrooms appear original to the build, featuring standard fixtures, basic vanities, and dated flooring, indicating they are functional but outdated. Carpets throughout the living areas and bedrooms are a neutral but somewhat dated brown/tan, likely original. Without kitchen photos, it's inferred to be similarly original and dated. The property requires minor updates and cosmetic repairs to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
2007
Close
-
List price
$480K
Original List price
$400K
Price/Sqft
$155
HOA
-
Days on market
-
Sold On
-
MLS number
DW25139371
Home ConditionFair
Features
View-

About this home

Short Sale is Pre APPROVED. Welcome to this spacious two-story residence nestled in the heart of Hemet generous 7,405 sq ft lot. This impressive home offers approximately 3,096 sq ft of living space designed for both comfort and functionality. Featuring five bedrooms and three bathrooms, it provides ample room for family living, guests, or flexible use as a home office or creative space. The open layout promotes a natural flow between living areas, and the attached two-car garage, central heating, and air conditioning ensure year-round convenience. The property’s expansive lot offers wonderful potential for outdoor enjoyment, whether you envision a lush garden, play area, or inviting patio for entertaining. Inside, the home’s generous proportions make it ideal for gatherings while still offering quiet retreats for rest and privacy. With a layout that accommodates modern lifestyles, it’s a space where you can truly make yourself at home. Located in a welcoming Hemet neighborhood, this home provides easy access to local amenities, schools, and parks. While it may need a bit of TLC, it presents an exciting opportunity to add personal touches and create lasting value. For buyers seeking size, comfort, and potential, this property stands out as a wonderful canvas for customization and the chance to bring your vision of home to life.

Condition Rating
Fair

Built in 2007, this property is 17 years old. While major systems like central heating and AC are present, the listing explicitly states it 'may need a bit of TLC' and is a 'canvas for customization.' The visible bathrooms appear original to the build, featuring standard fixtures, basic vanities, and dated flooring, indicating they are functional but outdated. Carpets throughout the living areas and bedrooms are a neutral but somewhat dated brown/tan, likely original. Without kitchen photos, it's inferred to be similarly original and dated. The property requires minor updates and cosmetic repairs to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Expansive Living Space: With 3,096 sq ft, 5 bedrooms, and 3 bathrooms, this residence offers substantial room for family living, guests, or flexible use as home offices or creative spaces.
Generous Outdoor Potential: The 7,405 sq ft lot provides ample space for outdoor enjoyment, offering a significant canvas for landscaping, a play area, or an inviting patio for entertaining.
Essential Modern Comforts: The home is equipped with central heating and air conditioning, ensuring year-round comfort, complemented by an attached two-car garage for convenience.
Functional Open Layout: An open layout promotes a natural flow between living areas, making it ideal for modern lifestyles, family gatherings, and entertaining.
Value-Add Customization Opportunity: Described as a 'canvas for customization,' the property offers buyers the exciting potential to add personal touches and create lasting value through improvements.

Cons

Requires Renovation/TLC: The property explicitly states it 'may need a bit of TLC,' indicating potential for immediate repair or upgrade costs for the buyer to bring it to optimal condition.
Short Sale Transaction: While pre-approved, a short sale can still involve a more complex and potentially longer closing process compared to a traditional real estate transaction.
Priced Above Estimated Value: The current list price of $480,000 is approximately 7% higher than the estimated property value of $457,181, which may present a challenge in attracting offers at the current price point.

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