
423 Madrid, Hemet, CA 92545
423 Madrid, Hemet, CA 92545
Property Description
Spacious and inviting home nestled in the vibrant city of Hemet. This property boasts four generously sized bedrooms and two and a half bathrooms, with 2,787 square feet. The home features a spacious living room and a formal dining room, providing ample space for entertaining. The open kitchen is equipped with an abundance of cabinets, a large island, granite countertops, recessed lighting, and tile flooring. Adjacent to the kitchen is a family room, offering an additional entertaining space. Throughout the home, you will find tile flooring and laminate wood flooring. Newer water heater and a brand New A/C unit. A laundry and pantry room is conveniently located next to the kitchen. The property includes four bedrooms, each with its own unique charm. The primary bedroom is complemented by a walk-in closet and an ensuite bathroom, providing a luxurious retreat. Additionally, the upper level features a bonus room, which can be transformed into an office, playroom, or second family room, catering to diverse family needs. Step outside to discover a private heated pool and spa, enhancing the overall enjoyment of the property. Furthermore, the home is conveniently situated minutes away from restaurants and shopping centers, providing easy access to amenities and entertainment. Schedule a private viewing today.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Hemet · Single Family Residence
Listed 6.5% below the median closed sale of $534,900. Price per sqft ($179) is a 17% discount to closed comps ($215).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1290 Landmark | Hemet | 2005 | 4 | 3 | 2,746 | 6,970 | $211 | $580,000 | 82 | 93 |
| 43554 Amazon Street | Hemet | 2002 | 5 | 3 | 2,862 | 6,970 | $216 | $619,000 | 93 | 90 |
| 8441 Maruyama | Hemet | 2004 | 3 | 3 | 2,755 | 6,534 | $206 | $568,000 | 150 | 89 |
| 151 Ropango Way | Hemet | 2003 | 5 | 3 | 2,860 | 6,970 | $189 | $540,000 | 147 | 89 |
| 520 Olazabal | Hemet | 2005 | 3 | 3 | 2,755 | 6,970 | $214 | $589,500 | 202 | 88 |
| Total: 5 · Average | 4.0 | 3.0 | 2,795.6 | 6,882.8 | $207.2 | $579,300 | 134.8 | |||
| Median | 2,755 | $580,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1041 Paintbrush | Hemet | 2006 | 10/06/2026 | 4 | 3 | 2,673 | 7,841 | $535,000 | $535,000 | $200 | 1.00 | 24 | 92 |
| 3928 Rushmore Court | Hemet | 2000 | 10/06/2026 | 4 | 3 | 2,367 | 6,534 | $534,900 | $534,900 | $226 | 1.00 | 67 | 92 |
| 7579 Isla | Hemet | 2005 | 10/09/2026 | 4 | 3 | 2,460 | 7,405 | $515,000 | $507,000 | $206 | 0.98 | 126 | 91 |
| 761 Shiraz | Hemet | 2006 | 09/22/2026 | 4 | 3 | 2,581 | 7,405 | $560,000 | $538,000 | $208 | 0.96 | 89 | 89 |
| 1439 Jewelstone Circle | Hemet | 2004 | 09/29/2026 | 4 | 3 | 2,222 | 8,276 | $515,000 | $518,000 | $233 | 1.01 | 44 | 87 |
| Total: 5 · Average | 4.0 | 3.0 | 2,460.6 | 7,492.2 | $526,580 | $526,580 | $214.6 | — | 70 | ||||
| Median | 2,460 | $534,900 | $534,900 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.