0.jpg
1 / 24

296 PALM AVE, Hemet, CA 92543

$428K2bd · 2ba · 1,979 sqft
Lot 16,117 sqft•Single Family Residence•
Active
•26d on market•MLS# SW-26218977

Property Description

A fantastic corner-lot home! It features 2 bedrooms and 2 full bathrooms, plus 2 bonus rooms—making for a total of 4 bedrooms. It sits on a spectacular 16,117 sq. ft. lot with plenty of room to park both a boat and an RV. The property includes a front courtyard, a large back porch, and a driveway with space for multiple vehicles. It boasts beautiful palm trees and is fully fenced; the home is being sold "as-is" but is move-in ready.

Features & Amenities

FeeBuilt 1945

Property Details

Land Type
Fee
Year Built
1945
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile
Roof
Shingle
City
Hemet
Zip Code
92543
County
Riverside
Listed byColdwell Banker Assoc Brkr-SC, Martin Gonzalez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,164.20
Principal & Interest
Loan Amount
$342,400
Total Interest
$436,712
Total Payment Over 30 Years
$779,112
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

296 PALM AVE, Hemet, CA 92543

Hemet · Single Family Residence

$428K
Affordable Tier
Beds
2
Baths
2
Sqft
1,979
Lot
16,117 sqft
Year
1945
$/Sqft
$216
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 3.6% above the median closed sale of $413,000. Price per sqft ($216) is a 13% discount to closed comps ($248). Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $428K· $216/sqft
Total list price
Closed comps
vs closed median $413K
+$15K (+3.6%)
Active comps
vs active median $415K
+$13K (+3.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $267
−$51 (−19.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
337 HarvardHemet1931322,0138,712$199$399,9991684
501 Latham AvenueHemet1947321,3006,970$319$414,9991981
311 Carmalita StreetHemet1938321,58010,019$265$418,0003278
672 Central AvenueHemet1979221,4926,534$248$369,9993375
1703 Cooper StreetHemet1985321,4999,148$304$455,000973
Total: 5 · Average2.82.01,576.88,276.6$267$411,599.421.8
Median1,499$414,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
509 CalhounHemet194210/16/2026321,7466,098$399,000$408,000$2341.025181
345 Juanita StreetHemet195306/12/2026321,48910,454$399,999$410,000$2751.024679
485 Hermosa StreetHemet197107/22/2026321,7265,663$425,000$445,000$2581.054878
331 ThompsonHemet192509/23/2026321,5769,583$468,999$469,900$2981.007977
411 BrentwoodHemet196508/19/2026322,37110,890$415,000$413,000$1740.999676
Total: 5 · Average3.02.01,781.68,537.6$429,180$429,180$247.8—64
Median1,726$413,000$413,000

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.