1830 Silver Oak Way, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath
ACTIVE$375,000
1830 Silver Oak Way, Hemet, California 92545
3Beds
2Baths
1,318Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($129,150.465) is $245,849.535 (65%) lower than the list price ($375,000). This property may be overpriced.
Key pros and cons
Top Pros:
55+ Community & Amenities: Located in the serene Seven Hills 55+ community, offering a quiet environment, full amenities, and a low HOA fee, appealing to the target demographic.
Top Cons:
Significant Valuation Discrepancy: The listing price of $375,000 is substantially higher than the estimated value of $129,150, indicating potential overpricing or a need for a detailed appraisal justification.
Compared to the nearby listings
Price:$375.0K vs avg $449.9K ($-74,950)19%
Size:1,318 sqft vs avg 1,769.5 sqft25%
Price/sqft:$285 vs avg $24975%
More Insights
Built in 1978 (47 years old).
Condition: The property, built in 1978, has undergone significant recent cosmetic updates, making it feel 'fresh and all new' as described. The kitchen features new countertops, freshly painted white cabinets with new hardware, and modern stainless steel appliances, presenting a clean and appealing aesthetic. Bathrooms also benefit from upgraded countertops, painted cabinets, and new hardware. Flooring is a mix of well-maintained hardwood/laminate and clean carpeting, and bedrooms include modern ceiling fans. While the property's age suggests that major systems (HVAC, plumbing, electrical, roof) may be older and their update status is not specified, the visible areas are move-in ready and do not require immediate renovation. The lack of explicit mention of a cooling system is a minor drawback, but the overall condition, particularly the updated kitchen and bathrooms, aligns with a 'Good' rating for immediate occupancy and aesthetic appeal.
Year Built
1978
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$285
HOA
$4
Days on market
-
Sold On
-
MLS number
SW25123653
Home ConditionGood
Features
Good View: City Lights, Golf Course, Neighborhood, Peek-A-Boo
ViewCity Lights,Golf Course,Neighborhood,Peek-A-Boo
About this home
Can be FHA FINANCED, VA or Conventional. Single-story home nestled in the serene community of Seven Hills 55+. Feels fresh and all new, with upgraded counter tops including the kitchen and the bathrooms, the cabinets have been freshly painted to match with all new hardware. Lots of light, this residence features three bedrooms and two bathrooms, a family room with real wood burning fireplace, and a country-style kitchen with dining area. A Very large enclosed sun room that could be used for just about anything. Enjoy the added benefits of lower taxes and low HOA fee with full ammenties and a quiet 55+ coummunity.
Nearby schools
3/10
Mcsweeny Elementary School
Public,•K-5•1.0mi
3/10
Winchester Elementary School
Public,•K-5•5.6mi
3/10
Diamond Valley Middle School
Public,•6-8•1.4mi
5/10
West Valley High School
Public,•9-12•1.1mi
1/10
Aspire Community Day
Public,•7-12•2.0mi
Condition Rating
Good
The property, built in 1978, has undergone significant recent cosmetic updates, making it feel 'fresh and all new' as described. The kitchen features new countertops, freshly painted white cabinets with new hardware, and modern stainless steel appliances, presenting a clean and appealing aesthetic. Bathrooms also benefit from upgraded countertops, painted cabinets, and new hardware. Flooring is a mix of well-maintained hardwood/laminate and clean carpeting, and bedrooms include modern ceiling fans. While the property's age suggests that major systems (HVAC, plumbing, electrical, roof) may be older and their update status is not specified, the visible areas are move-in ready and do not require immediate renovation. The lack of explicit mention of a cooling system is a minor drawback, but the overall condition, particularly the updated kitchen and bathrooms, aligns with a 'Good' rating for immediate occupancy and aesthetic appeal.
Pros & Cons
Pros
55+ Community & Amenities: Located in the serene Seven Hills 55+ community, offering a quiet environment, full amenities, and a low HOA fee, appealing to the target demographic.
Recent Interior Upgrades: The home feels fresh and new with upgraded countertops in the kitchen and bathrooms, freshly painted cabinets, and new hardware, indicating move-in readiness.
Flexible Financing Options: The property is eligible for FHA, VA, or Conventional financing, broadening the pool of potential buyers.
Versatile Enclosed Sun Room: Features a very large enclosed sun room, providing additional flexible living space that can be utilized for various purposes.
Desirable Views: Offers attractive views including City Lights, Golf Course, Neighborhood, and Peek-A-Boo, enhancing the property's appeal.
Cons
Significant Valuation Discrepancy: The listing price of $375,000 is substantially higher than the estimated value of $129,150, indicating potential overpricing or a need for a detailed appraisal justification.
Lack of Mention of Cooling System: The description highlights a wood-burning fireplace but does not mention a cooling system (e.g., AC), which could be a significant drawback in California's climate.
Age of Property & Systems: Built in 1978, while cosmetically updated, the age of the property suggests that major systems (e.g., plumbing, electrical, roof) may be original or nearing end-of-life if not recently replaced, which is not specified.