134 S Franklin Street, Hemet, California 92543, Hemet, 92543 - 3 bed, 2 bath

134 S Franklin Street, Hemet, California 92543 home-pic-0
ACTIVE$329,900
134 S Franklin Street, Hemet, California 92543
3Beds
2Baths
912Sqft
6,534Lot
Year Built
1948
Close
-
List price
$330K
Original List price
$330K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
SW23141485
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 46% below the list price. We found 3 Cons,5 Pros. Rank: price - $329.9K(27th), sqft - 912(6th), beds - 3(50th), baths - 2(50th).

3 Bedroom,2 Bath home. Just the perfect home. Close to everthing. Big rooms, easy to work in kitchen. Fenced in lot,2 car garage.Great for investor or 1st time buyer.

Condition Rating
Poor

The property was built in 1948, making it 76 years old. The single exterior image reveals a weathered facade with faded paint, an older roof, and a visible window air conditioning unit, suggesting a lack of central HVAC. The front fence is also in disrepair. Crucially, there are no interior images, especially of the kitchen and bathrooms, which typically indicates these areas are outdated and require significant renovation. The description is vague, offering no details on recent updates or modern features. Combined with the property's age, the exterior condition, and the absence of interior photos, it's highly probable that the home requires substantial repairs and rehabilitation to meet current living standards.
Pros & Cons

Pros

Desirable Bedroom/Bathroom Count: The property offers a practical 3-bedroom, 2-bathroom layout, which is appealing to families or first-time buyers.
Convenient Location: Described as 'close to everything,' suggesting easy access to amenities, schools, and shopping in Hemet.
Secure and Private Lot: Features a fenced lot, providing added privacy and security, which is beneficial for families or pet owners.
Functional Two-Car Garage: Includes a two-car garage, offering valuable space for parking, storage, or potential workshop use.
Broad Market Appeal: Explicitly marketed as 'Great for investor or 1st time buyer,' indicating versatility for different buyer profiles.

Cons

Significant Overpricing: The list price of $329,900 is substantially higher than the estimated property value of $176,342.66, indicating a potential overvaluation of 46%.
Extended Time on Market: Being active since July 2023 suggests the property has struggled to attract a buyer, possibly due to its price, condition, or other market factors.
Limited Square Footage for Configuration: At 912 sqft for 3 bedrooms and 2 bathrooms, the living spaces may feel constrained, especially compared to other 3-bedroom homes in the area.

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