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346 South Thompson Street, Hemet, CA 92543

$389K2bd · 2ba · 1,064 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•167d on market•MLS# SW-26091589

Property Description

Conveniently located single-story home featuring 2 bedrooms and 2 bathrooms with approximately 1,064 sq ft of living space. Built in 1952, this home offers a practical layout with a fireplace, comfortable living areas, and central cooling. The oversized 8,276 sq ft lot is fully fenced and includes a detached 2-car garage, providing space, privacy, and versatility. With room to expand or customize, this property presents a great opportunity in an established Hemet neighborhood close to everyday amenities.

Features & Amenities

FeeBuilt 1952

Property Details

Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
None
Cooling
Evaporative Cooling
City
Hemet
Zip Code
92543
County
Riverside
Listed byLink Brokerages, Jessica Terpstra

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,967.00
Principal & Interest
Loan Amount
$311,200
Total Interest
$396,918
Total Payment Over 30 Years
$708,118
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

346 South Thompson Street, Hemet, CA 92543

Hemet · Single Family Residence

$389K
Affordable Tier
Beds
2
Baths
2
Sqft
1,064
Lot
8,276 sqft
Year
1952
$/Sqft
$366
Pool: No✓
Garage: 2-car✓

Listed 36.5% above the median closed sale of $285,000. Price per sqft ($366) is a 31% premium to closed comps ($279). Expect a longer timeline — comps averaged 132 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $389K· $366/sqft
Total list price
Closed comps
vs closed median $285K
+$104K (+36.5%)
Active comps
vs active median $359K
+$30K (+8.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $387
−$21 (−5.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3030 Oradon WayHemet1981228837,405$283$250,0004683
364 Monte Vista WayHemet1952218289,583$459$379,99512381
1185 DevonshireHemet1956218776,534$445$390,00024979
40238 Stetson AvenueHemet1963217927,841$453$359,00017878
641 Solano DriveHemet1981228753,920$297$260,0001678
Total: 5 · Average2.01.48517,056.6$387.4$327,799122.4
Median875$359,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
821 Majela LaneHemet196209/30/2026221,0564,792$275,000$289,000$2741.053991
893 MargaretHemet197009/14/2026221,0366,534$284,900$271,000$2620.9530491
1121 MayberryHemet196410/08/2026221,0854,356$274,900$285,000$2631.049090
291 MaryHemet196209/11/2026221,0083,920$279,000$279,000$2771.006389
26205 LodgepoleHemet197510/02/2026221,1927,405$399,900$382,000$3200.9516287
Total: 5 · Average2.02.01,075.45,401.4$301,200$301,200$279.2—131.6
Median1,056$285,000$285,000

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.