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1063 Blackburn Way, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath

1063 Blackburn Way, Hemet, California 92545 home-pic-0
ACTIVE$479,999
1063 Blackburn Way, Hemet, California 92545
3Beds
2Baths
1,421Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($313,382.705) is $166,616.295 (34%) lower than the list price ($479,999). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Interior Upgrades: The property boasts recent interior upgrades including new Quartz countertops, an undermount large sink, wood-like laminate flooring, dark cabinets, and stainless steel appliances, offering a modern aesthetic.
Top Cons:
Significant Overpricing: The current listing price of $479,999 is considerably higher than the estimated property value of $313,382.71, suggesting a potential overvaluation of approximately 34%.

Compared to the nearby listings

Price:$480.0K vs avg $450.0K (+$29,999)63%
Size:1,421 sqft vs avg 1,769.5 sqft29%
Price/sqft:$338 vs avg $24993%

More Insights

Built in 2000 (25 years old).
Condition: The property, built in 2000, has undergone significant recent interior upgrades, including new quartz countertops, an undermount sink, dark cabinets, stainless steel appliances, and wood-like laminate flooring in the kitchen. Bathrooms feature dual rectangular sinks and tile flooring, indicating modern updates. While these renovations make the home move-in ready and aesthetically pleasing, the absence of central air conditioning, as noted in the property analysis, prevents it from achieving an 'Excellent' rating, especially given the climate. The overall condition, with recent major updates to key areas, aligns well with a 'Good' score.
Year Built
2000
Close
-
List price
$480K
Original List price
$500K
Price/Sqft
$338
HOA
-
Days on market
-
Sold On
-
MLS number
SW25061202
Home ConditionGood
Features
Patio
View-

About this home

SELLER MOTIVATED! BRING YOUR OFFERS!Perfect home for a Starting Family. Located in a Family oriented community. Walking distance to Mary Henly Park and Shopping Center where Wal Mart is located. Property shows Great Curb Appeal with New Front landscaping. Long Drive way for up to 4 vehicles. Front Porch area. Recently Upgraded interiorly with New Quartz countertops throughout, Undermount Large Sink, Wood like Laminate flooring. Dark Cabinets to contrast the Light colored Quartz. Stainless Steel Appliances. Kitchen has breakfast bar area for bar stools. Fireplace located in Family Room. Ceiling Fans in every room and in Family Room. Large Master Bedroom with walk in closet with so much space. Master Bedroom big enough for 2 beds very spacious. Master Bathroom has dual rectangular sinks. Both Bathrooms have Tile flooring, shower and a Tub. Separate Laundry Room. Backyard has a 8x10 Shed and slab of concrete with a bare yard to incorporate your ideas. Low Tax Rate and NO HOA! Assumable Mortgage!

Condition Rating
Good
The property, built in 2000, has undergone significant recent interior upgrades, including new quartz countertops, an undermount sink, dark cabinets, stainless steel appliances, and wood-like laminate flooring in the kitchen. Bathrooms feature dual rectangular sinks and tile flooring, indicating modern updates. While these renovations make the home move-in ready and aesthetically pleasing, the absence of central air conditioning, as noted in the property analysis, prevents it from achieving an 'Excellent' rating, especially given the climate. The overall condition, with recent major updates to key areas, aligns well with a 'Good' score.
Pros & Cons

Pros

Recent Interior Upgrades: The property boasts recent interior upgrades including new Quartz countertops, an undermount large sink, wood-like laminate flooring, dark cabinets, and stainless steel appliances, offering a modern aesthetic.
Favorable Financial Terms: Benefits from a low tax rate, no HOA fees, and the potential for an assumable mortgage, which can significantly reduce buyer costs and increase affordability.
Prime Family-Friendly Location: Situated in a family-oriented community with convenient walking access to Mary Henley Park and a shopping center including Walmart, enhancing daily convenience and lifestyle.
Strong Curb Appeal & Ample Parking: Features great curb appeal with new front landscaping, a front porch area, and a long driveway accommodating up to 4 vehicles.
Spacious Master Suite: The master bedroom is notably large, described as 'big enough for 2 beds,' and includes a walk-in closet with ample space, along with dual rectangular sinks in the master bathroom.

Cons

Significant Overpricing: The current listing price of $479,999 is considerably higher than the estimated property value of $313,382.71, suggesting a potential overvaluation of approximately 34%.
Unfinished Backyard: The backyard is described as 'bare' with only an 8x10 shed and a concrete slab, indicating a lack of developed landscaping and requiring substantial investment for buyer customization.
Absence of Central Air Conditioning: Despite ceiling fans in every room, the property description does not explicitly mention a central air conditioning system, which could be a notable disadvantage in Hemet's warm climate.

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