632 Gibbel Rd, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
ACTIVE$275,000
632 Gibbel Rd, Hemet, California 92543
2Beds
2Baths
1,280Sqft
Lot
Year Built
1964
Close
-
List price
$275K
Original List price
$320K
Price/Sqft
$215
HOA
$165
Days on market
-
Sold On
-
MLS number
250018258SD
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $275.0K(63th), sqft - 1280(88th), beds - 2(50th), baths - 2(50th).
Attached Single Family 2 bedroom home located in a peaceful all ages community nestled into the Foothills of Hemet. New carpet and paint throughout the property, open kitchen, large living room, Bonus room/den/game room area, indoor laundry room and 2 large bedrooms with plenty of closet space. Covered front and rear porch, fully enclosed garage with automatic opener. Community features plenty of guest parking, picnic area and community pool.
Condition Rating
Fair
Built in 1964, this property has received recent cosmetic updates including new carpet and paint, making it superficially move-in ready. However, the kitchen and bathrooms are significantly dated, featuring older cabinets, laminate countertops, and white appliances/fixtures, indicating they have not been renovated in many years. While functional, these areas require substantial updates to meet current aesthetic and quality standards. The property's age also suggests that major systems may be nearing the end of their expected lifespan, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Recent Interior Refresh: The property features new carpet and paint throughout, offering a fresh, move-in ready interior that appeals to immediate occupancy.
Versatile Living Spaces: An open kitchen, large living room, and a flexible bonus room/den/game room provide ample and adaptable areas for various lifestyle needs.
Desirable Community Amenities: Residents benefit from a peaceful, all-ages community that includes a swimming pool, picnic area, and generous guest parking.
Enhanced Outdoor Living: Covered front and rear porches offer comfortable, shaded spaces for relaxation and outdoor enjoyment.
Attractive Price Adjustment: A significant price reduction from $320,000 to $275,000 enhances the property's market competitiveness and value proposition.
Cons
Property Age & Potential Systems: Built in 1964, the property's underlying infrastructure may eventually require updates to major systems (e.g., plumbing, electrical) beyond the recent cosmetic renovations.
Condominium Ownership & HOA Dues: Despite being an 'Attached Single Family,' it is a condominium with shared walls and a recurring $165 monthly HOA fee, adding to the cost of ownership and community regulations.
Geographic Location & Market Perception: Located in Hemet, the area may not align with all buyers' preferences for proximity to major employment centers or specific regional amenities, potentially affecting broader market appeal.