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40238 Stetson Avenue, Hemet, CA 92543

$359K2bd · 1ba · 792 sqft
Lot 7,841 sqft•Single Family Residence•
Active
•180d on market•MLS# SW-26076021

Property Description

Welcome to this pleasant Hemet property situated on a generous corner lot with a unique blend of space and potential. An excellent opportunity for a starter home or even investors. The property features a comfortable layout, with a personal touch throughout. The kitchen upgraded with granite counter tops and custom backsplash. Indoor Laundry. The main garage was converted into a beautiful room, adding additional space for a possible bedroom, an office, workout room, or “he/she cave”. Enjoy the freedom of expansive outdoor space for entertaining, gardening, recreational use, or future improvements. New roof, new water heater, and new fuse box are all under 3yrs old. Conveniently located with easy access to local amenities, shopping, dining, and major roadways. Whether you're envisioning a personal retreat or exploring investment possibilities, this property offers versatility to suit a variety of needs. Additional interior photos forthcoming. PRICED TO SELL!! NO HOA & LOW TAXES!!

Features & Amenities

FeeBuilt 1963

Property Details

Land Type
Fee
Year Built
1963
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile, Wood
Roof
Shingle
City
Hemet
Zip Code
92543
County
Riverside
Listed byAllison James Estates & Homes, Selina Shepherd

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,815.30
Principal & Interest
Loan Amount
$287,200
Total Interest
$366,308
Total Payment Over 30 Years
$653,508
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

40238 Stetson Avenue, Hemet, CA 92543

Hemet · Single Family Residence

$359K
Affordable Tier
Beds
2
Baths
1
Sqft
792
Lot
7,841 sqft
Year
1963
$/Sqft
$453
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed 5.6% above the median closed sale of $340,000. Price per sqft ($453) is a 20% premium to closed comps ($379). Closed comps sold at 103% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $359K· $453/sqft
Total list price
Closed comps
vs closed median $340K
+$19K (+5.6%)
Active comps
vs active median $350K
+$9K (+2.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $390
+$63 (+16.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
40210 FrancesHemet1964217927,405$442$350,0009093
364 Monte Vista WayHemet1952218289,583$459$379,99511790
516 OnyxHemet1971217925,663$442$349,90014588
2327 Chanaral AvenueHemet1976218274,792$325$269,000588
556 San MarinoHemet1975218273,920$281$232,0002688
Total: 5 · Average2.01.0813.26,272.6$389.8$316,17976.6
Median827$349,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
40225 Frances LaneHemet196409/15/2026217927,405$319,500$335,000$4231.052796
531 Thompson StreetHemet196109/11/2026218848,276$375,000$370,000$4190.993891
327 GilbertHemet196409/10/2026219216,534$350,000$365,000$3961.049890
426 StateHemet195508/31/2026219008,276$320,000$340,000$3781.063889
1601 MayberryHemet196209/08/2026219124,356$254,900$254,900$2791.005288
Total: 5 · Average2.01.0881.86,969.4$332,980$332,980$379—50.6
Median900$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.