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41321 Merriwood, Hemet, CA 92544

$494K3bd · 2ba · 1,864 sqft
Lot 10,890 sqft•Single Family Residence•
Active
•174d on market•MLS# SW-26085287

Property Description

PRICE DROP. DON'T LET THIS HOME PASS YOU BY!! This property qualifies for the Community Advantage Program. Eligible properties are located in moderate- and low-income neighborhoods and qualify for up to 1.5% off the qualifying rate and no PMI — even with just 3% down. The best part: there are no income-limit restrictions, so the program is widely available regardless of how much a buyer earns. The seller has made so many upgrades and repairs the list price will net them a financial loss! Excellently refurbished family home in E. Hemet. So much to describe and so well done! Totally perimeter fenced large lot for dogs, RV parking, circular driveway. New paint interior and exterior. The color of the exterior is dark blue walls with white trim. Interior is various pleasing colored walls. Both bathrooms have been remodelled with new walkin showers. The master bedroom suite is at the front of the house and there is a huge additional bedroom added at the back of the house, approx. over 520 sq. feet, with sitting area and sliding glass doors to it's own patio. There is also a smaller third bedroom. The kitchen has new appliances, dishwasher and gas stove, and granite counter tops. Flooring is all new laminate throughout the house. New windows at the front of the house. New leased solar system with Tesla battery backup system. The lease will be transferred to a buyer at approx. $210.30/month payment. The 25 year lease commensed July 30, 2024. June 2026 energy report shows "excellent energy efficiency". Composition roof is in excellent condition and is approximately 5 to 6 years old. All new waterline from the street and all new plumbing in the interior of the house. Desert landscaping in the frontyard. Auto sprinkler system. Separate approx. 10' X 10' building, as one room, added in the backyard would make a great office, craft room, exercise room or... You just have to see it all!

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
Flooring
Laminate
Roof
Composition
City
Hemet
Zip Code
92544
County
Riverside
Listed byTemecula Homes and Land, Caroline Collins

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,497.43
Principal & Interest
Loan Amount
$395,120
Total Interest
$503,954
Total Payment Over 30 Years
$899,074
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

41321 Merriwood, Hemet, CA 92544

Hemet · Single Family Residence

$494K
Affordable Tier
Beds
3
Baths
2
Sqft
1,864
Lot
10,890 sqft
Year
1960
$/Sqft
$265
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 3.1% below the median closed sale of $509,900. Expect a longer timeline — comps averaged 137 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $494K· $265/sqft
Total list price
Closed comps
vs closed median $510K
−$16K (−3.1%)
Active comps
vs active median $418K
+$76K (+18.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $257
+$8 (+3.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4620 East CharltonHemet1961321,5998,712$285$455,00014391
236 San JacintoHemet1949321,58313,939$306$484,5001987
311 Carmalita StreetHemet1938321,58010,019$265$418,0001086
1348 Pepper TreeHemet1980321,6127,405$229$369,90010685
2250 Redwood DriveHemet1979321,6126,970$198$319,00015684
Total: 5 · Average3.02.01,597.29,409$256.6$409,28086.8
Median1,599$418,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
372 VillageHemet196609/28/2026421,8507,405$499,900$509,900$2761.027291
26320 Rim RoadHemet196509/29/2026321,87329,185$529,000$530,000$2831.0035791
40490 Melrose AvenueHemet196409/23/2026321,6207,405$424,999$400,000$2470.947889
26082 AmyHemet197209/23/2026321,6007,841$445,000$445,000$2781.007489
44465 Ruellin RoadHemet196910/08/2026321,760217,800$650,000$650,000$3691.0010688
Total: 5 · Average3.22.01,740.653,927.2$506,980$506,980$290.6—137.4
Median1,760$509,900$509,900

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.