492 S Sanderson Avenue, San Jacinto, California 92582, San Jacinto, 92582 - 3 bed, 2 bath

492 S Sanderson Avenue, San Jacinto, California 92582 home-pic-0
ACTIVE$1,100,000
492 S Sanderson Avenue, San Jacinto, California 92582
3Beds
2Baths
1,560Sqft
213,444Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Expansive Land Parcel: The property boasts an impressive nearly 5-acre (213,444 sqft) flat lot, offering exceptional space, privacy, and versatility for various uses.
Top Cons:
Age of Residence: Built in 1964, the 60-year-old home likely requires significant updates to its systems (plumbing, electrical) and interior finishes to meet contemporary standards and buyer expectations.

Compared to the nearby listings

Price:$1.10M vs avg $525.0K (+$575,000)99%
Size:1,560 sqft vs avg 2,065 sqft15%
Price/sqft:$705 vs avg $25699%

More Insights

Built in 1964 (61 years old).
Condition: The property was built in 1964, making it 60 years old. The MLS description focuses heavily on the land's potential, and there are no interior images provided. The complete absence of photos for the kitchen, bathrooms, flooring, and other interior features strongly suggests these areas are not a selling point and likely require substantial repairs or rehabilitation. Given its age and the lack of any mentioned or visible renovations, the house likely has outdated systems and finishes, aligning with the 'Poor' condition criteria.
Year Built
1964
Close
-
List price
$1.1M
Original List price
$1.3M
Price/Sqft
$705
HOA
-
Days on market
-
Sold On
-
MLS number
IG24215420
Home ConditionPoor
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)

About this home

What a find! Opportunity knocks! Almost 5 acres of flat land, located in the heart of San Jacinto/Hemet! The property features a single story home that has almost 1600 sf. of living space, 3 bedrooms, 2 bathrooms, living room, dining room, and bonus/laundry room. The opportunities are practically endless with this amazing parcel...let your imagination soar!

Condition Rating
Poor

The property was built in 1964, making it 60 years old. The MLS description focuses heavily on the land's potential, and there are no interior images provided. The complete absence of photos for the kitchen, bathrooms, flooring, and other interior features strongly suggests these areas are not a selling point and likely require substantial repairs or rehabilitation. Given its age and the lack of any mentioned or visible renovations, the house likely has outdated systems and finishes, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Expansive Land Parcel: The property boasts an impressive nearly 5-acre (213,444 sqft) flat lot, offering exceptional space, privacy, and versatility for various uses.
Significant Development Potential: The vast land size presents immense opportunities for expansion, additional structures, or potential subdivision, allowing for diverse future development or personal projects.
Central Location: Strategically located in the heart of San Jacinto/Hemet, providing convenient access to local amenities, services, and transportation routes.
Single-Story Layout: The 1,560 sqft single-story home offers desirable accessibility and broad appeal, catering to a wide range of buyer demographics.
Scenic Views: The property benefits from enjoyable views of the surrounding hills and mountains, enhancing its aesthetic appeal and overall living experience.

Cons

Age of Residence: Built in 1964, the 60-year-old home likely requires significant updates to its systems (plumbing, electrical) and interior finishes to meet contemporary standards and buyer expectations.
Disproportionate Home Size to Lot: The 1,560 sqft home is relatively modest in size compared to the expansive 5-acre lot, suggesting the current structure may not fully utilize the land's potential without significant investment in expansion or new construction.
Recent Price Reduction: A notable $200,000 price drop from the original listing ($1.3M to $1.1M) may indicate initial overpricing or challenges in attracting buyers, potentially signaling a need for further market adjustment or condition improvements.

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