867 Sweetpea Street, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath

867 Sweetpea Street, Hemet, California 92545 home-pic-0
ACTIVE$480,000
867 Sweetpea Street, Hemet, California 92545
3Beds
2Baths
1,367Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($364,910.75) is $115,089.25 (23%) lower than the list price ($480,000). This property may be overpriced.

Key pros and cons

Top Pros:
No HOA Fees: The property is located in a planned community with no Home Owners Association fees, offering significant cost savings and fewer restrictions compared to similar properties.
Top Cons:
Significant Overpricing: The current list price of $480,000 is substantially higher than the estimated value of $364,910.75 and recent comparable sales in the immediate vicinity, indicating a high likelihood of overvaluation.

Compared to the nearby listings

Price:$480.0K vs avg $450.0K (+$30,000)63%
Size:1,367 sqft vs avg 1,769.5 sqft26%
Price/sqft:$351 vs avg $24996%

More Insights

Built in 1989 (36 years old).
Condition: The property was built in 1989, making it 35 years old. While the exterior appears well-maintained and the master suite description suggests functional features, the listing does not mention any recent renovations or significant interior updates. The property analysis highlights a 'potential for dated interior' and 'unspecified HVAC system.' Without interior photos, it's reasonable to conclude that the kitchen, bathrooms, and other interior finishes are likely original or from an older renovation, showing signs of being outdated and requiring minor updates to meet current standards.
Year Built
1989
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$351
HOA
-
Days on market
-
Sold On
-
MLS number
PV24221212
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

3Bdr 2Bth home features 1367 Sq Ft of living space, a master bedroom with walk in closet, walk in shower, large oval tub, double sinks and separate toilet room. Other features include a second full bath with tub, shower, toilet and sink, indoor laundry, formal dinning, separate kitchen dinning area, living room with a like new unused fire place with mantle, concrete patio slab, with access from living room or master bedroom, good size front and back yards, tiled roof, approximately 400 Sq Ft 2 car garage completely dry wall finished with electric outlets and private entry to the home.This home is located in a planned community with No Home Owners Association Fees and with in walking distance to schools, shopping, restaurants and more. Diamond Valley Lake and Museum, and Soboba Casino are only a few minutes away.

Condition Rating
Fair

The property was built in 1989, making it 35 years old. While the exterior appears well-maintained and the master suite description suggests functional features, the listing does not mention any recent renovations or significant interior updates. The property analysis highlights a 'potential for dated interior' and 'unspecified HVAC system.' Without interior photos, it's reasonable to conclude that the kitchen, bathrooms, and other interior finishes are likely original or from an older renovation, showing signs of being outdated and requiring minor updates to meet current standards.
Pros & Cons

Pros

No HOA Fees: The property is located in a planned community with no Home Owners Association fees, offering significant cost savings and fewer restrictions compared to similar properties.
Prime Local Accessibility: Its location provides excellent convenience, being within walking distance to schools, shopping, and restaurants, and just minutes away from recreational attractions like Diamond Valley Lake and Soboba Casino.
Well-Appointed Master Suite: The master bedroom features desirable amenities including a walk-in closet, walk-in shower, large oval tub, double sinks, and a separate toilet room, enhancing comfort and privacy.
Functional Interior Layout: The home offers a practical layout with indoor laundry, formal dining, a separate kitchen dining area, a living room with a fireplace, and a concrete patio accessible from both the living room and master bedroom.
Finished Two-Car Garage: The approximately 400 Sq Ft two-car garage is completely drywall finished with electric outlets and private entry to the home, adding valuable utility and storage space.

Cons

Significant Overpricing: The current list price of $480,000 is substantially higher than the estimated value of $364,910.75 and recent comparable sales in the immediate vicinity, indicating a high likelihood of overvaluation.
Potential for Dated Interior: The property description does not mention any recent remodels or significant upgrades to the kitchen or other living spaces, suggesting it may require investment to modernize and compete with updated comparable homes.
Unspecified HVAC System: The listing does not specify the presence or condition of a central air conditioning system or recent HVAC updates, which could be a concern for a 1989-built home in California's climate, especially when some comparable properties highlight new AC.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state