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314 North FRANKLIN Street, Hemet, CA 92543

$355K2bd · 1ba · 450 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•64d on market•MLS# WS-26190229

Property Description

BEATIFULL HOUSE, 2 BEDROOM 1 BATH, NICE FLOOR PLAN AND CLOSE TO SHOPPING, SCHOOLS AND CHURCH. OVER THE PAST THREE YEARS, THIS HOUSE HAS UNDERGONE RENOVATIONS, INCLUDING NEW DOUBLE-PANE WINDOWS, VINYL FLOORING, NEW FRONT DOOR AND GATE, THE BEDROOMS FEATURE WALL-MOUNTRD AIR CONDITIONING UNIT AND THE KITCHEN HAS A NEW COUNTERTOP AND THE CABINETS ARE PAINTED.

Features & Amenities

FeeBuilt 1958

Property Details

Land Type
Fee
Year Built
1958
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
Wall/Window Unit(s)
View
None
City
Hemet
Zip Code
92543
County
Riverside
Listed byBlack Forest Brokerage, ELVIS OCC

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,795.07
Principal & Interest
Loan Amount
$284,000
Total Interest
$362,226
Total Payment Over 30 Years
$646,226
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

314 North FRANKLIN Street, Hemet, CA 92543

Hemet · Single Family Residence

$355K
Affordable Tier
Beds
2
Baths
1
Sqft
450
Lot
6,098 sqft
Year
1958
$/Sqft
$789
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 5.3% below the median closed sale of $375,000. Price per sqft ($789) is a 136% premium to closed comps ($334). Closed comps sold at 101% of list — strong seller's market. Expect a longer timeline — comps averaged 131 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $355K· $789/sqft
Total list price
Closed comps
vs closed median $375K
−$20K (−5.3%)
Active comps
vs active median $367K
−$12K (−3.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $392
+$397 (+101.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
444 Thompson StreetHemet1955218046,534$456$367,000277
337 FranklinHemet1928217207,841$528$379,9006669
561 Lanier StHemet1963211,0267,405$361$369,9506166
425 CarmalitaHemet1952211,0727,841$303$325,000466
261 MaryHemet1962219963,485$311$310,000665
Total: 5 · Average2.01.0923.66,621.2$391.8$350,37027.8
Median996$367,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1124 Campus WayHemet195304/06/2026219157,841$375,000$375,000$4101.009467
437 Franklin StreetHemet195702/10/2026311,2026,970$335,000$335,000$2791.004264
509 CalhounHemet194210/16/2026321,7466,098$399,000$408,000$2341.025164
642 Santa Fe StreetHemet195201/21/20262186415,246$375,000$365,000$4220.9737060
459 TaylorHemet194702/04/2026421,1966,098$374,999$388,500$3251.0410057
Total: 5 · Average2.81.41,184.68,450.6$374,300$374,300$334—131.4
Median1,196$375,000$375,000

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.