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840 S. Gilbert St., Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath

840 S. Gilbert St., Hemet, California 92543 home-pic-0
ACTIVE$279,000
840 S. Gilbert St., Hemet, California 92543
2Beds
2Baths
1,008Sqft
3,920Lot
Year Built
1962
Close
-
List price
$279K
Original List price
$295K
Price/Sqft
$277
HOA
-
Days on market
-
Sold On
-
MLS number
DW25091342
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $279.0K(15th), sqft - 1008(17th), beds - 2(42th), baths - 2(50th).

This Charming Senior Community Offers a comfortable Two- Bedroom , two bath home spanning approximately 1,008 square feet on a 3,920 square foot lot. The open floor plan features bright inviting spaces , including a private master suite and versatile second bedroom. Residents enjoy amenities such as Landscaped common areas, Walking paths, a clubhouse, fitness center, and swimming pool, fostering an active and social lifestyle.Located in a peaceful neighborhood with easy access to shopping , healthcare, and entertainment, this community provides a safe , low - maintenance environment perfect for seniors seeking comfort , convenience, and a vibrant community atmosphere (55+) sun park

Price History

Date
Event
Price
08/05/25
$279,000
05/05/25
$295,000
Condition Rating
Fair
Built in 1962, this property is aged but appears to be maintained. While some areas like the main living area flooring (wood-look tile) and one bathroom vanity show minor updates, the kitchen is significantly outdated with older cabinets and appliances. Other elements like popcorn ceilings, basic light fixtures, and older carpet in bedrooms indicate a need for further updates to meet modern standards. Major systems appear functional, but the overall aesthetic and some components are clearly from an older era.
Pros & Cons

Pros

Comprehensive Senior Community Amenities: The property is part of a senior community offering extensive amenities such as a clubhouse, fitness center, swimming pool, landscaped common areas, and walking paths, fostering an active and social lifestyle.
Dedicated 55+ Community: Specifically designed for seniors, this community provides a safe, low-maintenance, and vibrant environment tailored to the needs and preferences of its 55+ residents.
Convenient Location: Located in a peaceful neighborhood with easy access to essential services including shopping, healthcare, and entertainment, enhancing convenience for residents.
Functional Layout: The home features an open floor plan with bright, inviting spaces and a private master suite, contributing to a comfortable and practical living arrangement.
Low-Maintenance Living: The community structure and likely smaller lot size contribute to a low-maintenance environment, appealing to seniors seeking ease of living.

Cons

Age of Property: Built in 1962, the home is over 60 years old, which may suggest a need for updates to systems, finishes, or general maintenance to meet modern standards.
Overpriced Relative to Estimation: The current listing price of $279,000 is 11% higher than the estimated property value of $247,054.24, potentially indicating it is overpriced and could deter buyers or require further price adjustments.
Limited Buyer Pool (Age-Restricted): Being an age-restricted (55+) community significantly narrows the potential buyer demographic, which can impact market demand and the speed of sale.

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