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1115 S Thompson Street, Hemet, California 92543, Hemet, 92543 - 2 bed, 1 bath

1115 S Thompson Street, Hemet, California 92543 home-pic-0
ACTIVE$395,000
1115 S Thompson Street, Hemet, California 92543
2Beds
1Bath
792Sqft
6,098Lot
Year Built
1964
Close
-
List price
$395K
Original List price
$425K
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
SW25200526
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $395.0K(45th), sqft - 792(2th), beds - 2(42th), baths - 1(19th).

Hot Hemet Home! Back on the Market! First time home buyers or investors! LOOK! Great opportunity with this updated home! More Spacious than you Think! Adorable, affordable property in a terrific neighborhood! Freshly renovated house with new flooring, new roof, new sliding glass door opening to a spacious patio! Great outdoor space with a nice pool size backyard, 2 storage sheds staying with the property. Fully fenced backyard! The Kitchen sparkles with new countertops, gas stove top, oven and sink! Bathrooms updated with new vanity and sinks. Central air and heat. 2 bedrooms and 1 bath for the record but actually 2 bedrooms with a den or office! And additional bathroom with shower. Both added on to the existing property with top notch craftmanship but not permitted. Must see the work to truly appreciate the quality. The recorded square footage of the home is 792, with an additional 245 square feet however, the day to day living space is well over 1000 square feet! agent/buyer to verify the square footage. Attached 1 car garage off the kitchen with mounted garage door opener. Plenty of storage spaces throughout the home.

Price History

Date
Event
Price
12/18/25
Price Change
$395,000-0.1%
10/12/25
Price Change
$395,500-0.8%
10/09/25
Price Change
$398,500-4.9%
09/26/25
Price Change
$419,000-1.4%
09/12/25
Listing
$425,000
Condition Rating
Excellent
Despite being built in 1964, the property has undergone extensive recent renovations, including a new roof, new flooring throughout, updated kitchen with new countertops, gas stovetop, oven, and sink, and updated bathrooms with new vanities. The images confirm a fresh, modern aesthetic in these key areas, making the property move-in ready with virtually new components meeting current quality standards. While there are unpermitted additions, the description highlights 'top notch craftmanship' for these, and the overall physical condition of the renovated spaces is excellent.
Pros & Cons

Pros

Extensive Recent Renovations: The home features new flooring, a new roof, a new sliding glass door, and updated kitchen (new countertops, gas stove top, oven, sink) and bathrooms (new vanity and sinks), offering a move-in ready condition.
Desirable Outdoor Space: A spacious, fully fenced, pool-sized backyard with two storage sheds provides excellent outdoor living and utility.
Modern Comforts: Equipped with central air and heat, an attached 1-car garage with an opener, and ample storage throughout, enhancing daily convenience.
Attractive Price Point & Neighborhood: Positioned as an 'affordable property in a terrific neighborhood,' making it appealing to first-time homebuyers and investors.
Scenic Mountain Views: The property offers mountain views, adding to its aesthetic appeal and potential desirability.

Cons

Unpermitted Additions: Significant portions of the living space, including a den/office and an additional bathroom, are unpermitted, posing potential legal, financing, and resale challenges.
Square Footage Discrepancy: The recorded square footage (792 sqft) is considerably less than the actual usable space (over 1000 sqft) due to the unpermitted additions, requiring buyer verification and potentially impacting appraisal.
History of Price Reductions: Multiple price drops from the original listing price indicate a potential struggle to find a buyer at previous valuations, which could suggest market resistance or perceived overpricing.

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