27341 Meridian Street, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath
ACTIVE$425,000
27341 Meridian Street, Hemet, California 92544
3Beds
2Baths
1,709Sqft
10,890Lot
Year Built
1971
Close
-
List price
$425K
Original List price
$475K
Price/Sqft
$249
HOA
-
Days on market
-
Sold On
-
MLS number
DW25270088
Home ConditionPoor
Features
Pool
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,6 Pros. Rank: price - $425.0K(21th), sqft - 1709(48th), beds - 3(50th), baths - 2(50th).
BEAUTIFUL POOL HOME...LOCATED IN A VERY WELL ESTABLISHED DESIRABLE NEIGHBORHOOD OF EAST HEMET.THIS HOME FEATURES,OPEN FLOOR PLAN,DOUBLE ENTRY DOOR,VAULTED CEILINGS,3 BEDROOMS AND 2 FULL BATHROOMS,VERY SPACIOUS KITCHEN,FAMILY ROOM AND LIVING ROOM. HUGE BACK YARD, IN- GROUND POOL,2 CAR GARAGE,CIRCULAR DRIVEWAY AND MUCH MORE.VERY CLOSE TO SCHOOLS,SHOPPING CENTERS,PARKS AND FREEWAYS.
Price History
Date
Event
Price
12/16/25
Price Change
$425,000-5.5%
12/11/25
Price Change
$449,900-5.3%
12/03/25
Listing
$475,000
05/11/11
Sold
$130,000
Condition Rating
Poor
Built in 1971, this property is over 50 years old with no indication of significant renovations in the past 30-50 years. The visible window-mounted AC units strongly suggest an outdated or non-existent central cooling system, implying other major systems (electrical, plumbing, heating) are likely original or similarly aged and will require substantial updates. The MLS description explicitly notes a 'weakness' regarding the home's age and potential need for updates to major systems and cosmetic renovations, particularly in the kitchen and bathrooms, which are not mentioned as modernized. While the exterior appears maintained, the interior, based on the lack of information and age, is expected to be very dated and require extensive rehabilitation to meet current standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1709.
Exceptional Outdoor Living: Features a beautiful in-ground pool, a huge backyard (10,890 sqft lot), and a circular driveway, ideal for entertaining and outdoor enjoyment.
Desirable East Hemet Location: Situated in a very well-established and sought-after neighborhood, offering convenient access to schools, shopping centers, parks, and major freeways.
Spacious & Open Interior Layout: Boasts an open floor plan with vaulted ceilings, a double entry door, and very spacious kitchen, family, and living rooms, enhancing the sense of space and flow.
Competitive Pricing: Significant price reductions from the original list price ($475,000 to $425,000) suggest a more attractive and potentially undervalued opportunity in the current market.
Functional Features: Includes a 2-car garage and a circular driveway, providing practical benefits and enhancing curb appeal.
Cons
Property Age & Potential for Updates: Built in 1971, the home may require updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet contemporary buyer expectations, which are not explicitly mentioned as completed.
History of Price Reductions: Multiple price drops from the initial listing ($475,000 to $425,000) could indicate initial overpricing or market resistance, potentially raising buyer concerns about its perceived value or condition.
Limited Modernization Details: While spacious, the description lacks specific mentions of recent renovations or upgrades to key areas like bathrooms or the kitchen (beyond 'spacious'), which might lead buyers to anticipate additional investment for modernization.