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1240 East Mayberry, Hemet, CA 92543

$290K1bd · 1ba · 625 sqft
Lot 7,841 sqft•Single Family Residence•
Active
•14d on market•MLS# WS-26168149

Property Description

The sale price reflects land value only. This house is a fix-up opportunity. The seller does not warrant the house's condition. The buyer shall verify the house's square footage and lot size with the city/county. The property is to be sold in its as-is, where-is condition. The seller does not do any repairs or termite work. The back unit has no permits. Buyer is advised to independently investigate all aspects of the property, including verifying the accuracy of any/all information, such as sq. ft., size, bedrooms, and baths, through personal inspection and with appropriate professionals and to their satisfaction. Brokers and sellers do not guarantee the accuracy of the information provided regarding ordinances, conditions, or features of the property, as public record. Buyer to verify any/all information to their satisfaction. Great for a first-time buyer.

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
None
Flooring
See Remarks
City
Hemet
Zip Code
92543
County
Riverside
Listed byUnknown Office, STEVEN SHIH

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,466.40
Principal & Interest
Loan Amount
$232,000
Total Interest
$295,903
Total Payment Over 30 Years
$527,903
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1240 East Mayberry, Hemet, CA 92543

Hemet · Single Family Residence

$290K
Affordable Tier
Beds
1
Baths
1
Sqft
625
Lot
7,841 sqft
Year
1947
$/Sqft
$464
Pool: No✓
Spa: No✓
View: None✓

Listed 14.7% below the median closed sale of $340,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $290K· $464/sqft
Total list price
Closed comps
vs closed median $340K
−$50K (−14.7%)
Active comps
vs active median $359K
−$69K (−19.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $534
−$70 (−13.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
364 Monte Vista WayHemet1952218289,583$459$379,99512480
337 FranklinHemet1928217207,841$528$379,9004579
40210 FrancesHemet1964217927,405$442$350,0009679
314 FRANKLIN StreetHemet1958214506,098$789$355,0004179
40238 Stetson AvenueHemet1963217927,841$453$359,00017976
Total: 5 · Average2.01.0716.47,753.6$534.2$364,77997
Median792$359,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
40692 StetsonHemet195409/11/2026216885,227$350,000$350,000$5091.003787
110 ElmwoodHemet194009/30/2026217947,841$349,999$337,500$4250.9613080
40225 Frances LaneHemet196409/15/2026217927,405$319,500$335,000$4231.052778
426 StateHemet195508/31/2026219008,276$320,000$340,000$3781.063875
531 Thompson StreetHemet196109/11/2026218848,276$375,000$370,000$4190.993874
Total: 5 · Average2.01.0811.67,405$346,500$346,500$430.8—54
Median794$340,000$340,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.