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298 Terry Lane, Hemet, CA 92544

$460K3bd · 2ba · 1,310 sqft
Lot 8,726 sqft•Single Family Residence•
Active
•21d on market•MLS# CV-26208313

Property Description

BEAUTIFUL SINGLE-STORY HOME WITH RV PARKING, SUN ROOM & SOLAR! Welcome to this well-maintained 3-bedroom, 2-bathroom home offering comfort, space, and features that stand out. The fully fenced and gated yard provides privacy, ample parking, and room for a trailer, off-road vehicles, or outdoor activities. A charming grapevine adds character to the outdoor space (unlimited grapes, unlimited wine!). Step inside to a welcoming living room featuring a cozy fireplace and large windows, creating the perfect space to relax and enjoy the upcoming holidays. The home features laminate and tile flooring, a separate dining room, and a dinette area. Both bathrooms include showers and Corian countertops. One of the home's highlights is the large enclosed sunroom, offering an abundance of additional space that can be used as a family room, home office, hobby area, or entertaining space. The home is also wired for a security system for added convenience. With paid-off solar, a new roof, low taxes, spacious living areas, and a private gated yard, this home has so much to offer. THIS LOCATION WON'T LAST! CALL TODAY TO SCHEDULE YOUR SHOWING!

Features & Amenities

FeeBuilt 1972

Property Details

Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
Flooring
Laminate, Tile
Roof
Shingle, Asphalt, Composition
City
Hemet
Zip Code
92544
County
Riverside
Listed byUnknown Office, Leonard Caldera

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
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

298 Terry Lane, Hemet, CA 92544

Hemet · Single Family Residence

$460K
Affordable Tier
Beds
3
Baths
2
Sqft
1,310
Lot
8,726 sqft
Year
1972
$/Sqft
$351
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 20.4% above the median closed sale of $382,000. Price per sqft ($351) is a 19% premium to closed comps ($295).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $460K· $351/sqft
Total list price
Closed comps
vs closed median $382K
+$78K (+20.4%)
Active comps
vs active median $390K
+$70K (+18.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $345
+$6 (+1.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
628 MontereyHemet1972221,1006,534$354$389,888489
940 TaylorHemet1964221,1126,098$306$340,0001186
2303 El Rancho CircleHemet1977221,1154,356$231$257,9001086
632 KerilynHemet1978221,0347,405$397$410,000686
331 Ruby AvenueHemet1969221,0346,098$438$453,00011784
Total: 5 · Average2.02.01,0796,098.2$345.2$370,157.629.6
Median1,100$389,888

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26082 AmyHemet197209/23/2026321,6007,841$445,000$445,000$2781.007492
26205 LodgepoleHemet197510/02/2026221,1927,405$399,900$382,000$3200.9516291
41410 Shadow Mountain WayHemet198410/02/2026221,3167,405$389,000$379,000$2880.974890
2220 Glenwood AveHemet199309/22/2026321,2564,356$422,000$422,000$3361.009488
852 Arena CourtHemet198910/09/2026221,2646,098$322,000$322,000$2551.002787
Total: 5 · Average2.42.01,325.66,621$390,000$390,000$295.4—81
Median1,264$382,000$382,000

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.