When was property at 731 Balsam Way built and last sold?

The property at 731 Balsam Way was built in 1989 and last sold on Jun 23, 2022 for $430,000.

How much is this home worth?

The estimated value of the home located at 731 Balsam Way is $413,017.

What are some comparable homes to 731 Balsam Way?

There are currently no comparable homes to 731 Balsam Way.

Hemet

92545

731 Balsam

Sold on May 23, 2018

Map

$235,000

● House - Off Market

731 Balsam

Hemet, CA 92545

3 Beds

1 Bath

1,256 Ft²

$348,674

RealtyHop Estimate

52.26%

Since Jun 1, 2018

National-US

Primary Model

About This Property

Sweet cottage like home in popular Laurel Park. Freshly painted, new flooring, its all ready to go. Full backyard with covered patio. The living room

generous in size and has a fireplace, and open wall space to the eating area. It has a full inside laundry room and direct access from garage to the kitchen area.

Confirming HOA fees and provisions and will modify as soon as confirmed. Misunderstanding with Seller about price, its correct now.

Unit Size

1,256 Ft²

Days on Market

45 days

Land Size

0.12 acres

Price per sqft

$182

Property Type

House

Property Taxes

HOA Dues

$90

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (CRMLS #EV18079945)

Price History

Date / Event	Date	Event
Sep 19, 2025	Sold	Premium
Sold
Aug 26, 2025	In contract	-
In contract
Aug 22, 2025	Relisted	$420,000
Relisted
Aug 17, 2025	In contract	-
In contract
Jul 24, 2025	Price Decreased	$420,000 ↓ $5K (1.2%)
Price Decreased
Jul 2, 2025	Relisted	$425,000
Relisted
May 28, 2025	In contract	-
In contract
May 3, 2025	Listed by Partners Real Estate Group	$425,000
Listed by Partners Real Estate Group

	BACK ON THE MARKET!!!! LOCATION! LOCATION! LOCATION! Laurel Park Community awaits your arrival. It’s time to stop looking because you’ve found your Home. This lovely home is located in a Gated Community, with wonderful amenities to boot! We welcome you to 731 Balsam Way, Hemet, a family friendly neighborhood! Upon arriving you’ll notice the driveway, with a Two-Car Garage. The California native style landscape compliments this Home perfectly. Step inside to an upgraded interior in this lovely 3 Bedroom 2 Bath Home, that offers an Open Kitchen to the Dining Room and a perfectly sized Family room, with Fireplace, for all your entertainment needs. The Bedrooms are comfortably sized with fresh paint, and the bathrooms have been upgraded with a fresh look. Outdoor living will be a pleasure in this expansive and private backyard. You can sit on your large covered patio, out of the hot sun, and enjoy a refreshing beverage while you listen to the birds. There’s also plenty of room for a garden. Should you need additional storage space, there is an RV Park located in the Community. This property is located in an ideal area that is close to Shopping, Restaurants, Schools, and Freeway access. PRICED TO SELL! Don’t Miss this Opportunity!
Jun 30, 2022	No longer available	-
No longer available
May 26, 2022	In contract	-
In contract
May 17, 2022	Listed by OPENDOOR BROKERAGE INC.	$446,000
Listed by OPENDOOR BROKERAGE INC.

	This Hemet one-story home offers quartz countertops, and a two-car garage. The manager has listed the unit size as 1256 square feet.
May 23, 2018	Sold	Premium
Sold
Apr 8, 2018	Listed by CENTURY 21 LOIS LAUER REALTY	$229,000
Listed by CENTURY 21 LOIS LAUER REALTY

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 7
Construction Type: 17
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 18
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 400
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 4,792

Total Building Area: 1,672
Gross Building Area: 1,672
Building Area: 1,256
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,256
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: TRACT NUMBER 22732
Land Acres: 0000000110
Standard Land Use Code: 1001
County Land Use Code: 20
State Land Use Code: R01
Legal Description 1: LOT 27 MB 179/041 TR 22732

Neighborhood

School District Name: Hemet Unified School District

Census Tract: 043306

Zoning

Zoning: 8DUAC

Geography

Subdivision Tract Number: 22732

Parcel: 456-202-010
Lot: 27
Municipality: HEMET
Latitude: 33.7357
Longitude: -116.992

Address

Full Address: 731 Balsam Way

Address - House Number: 731
Address - Street Name: Balsam
Address - Suffix Type: Way
State: CA
City Name: Hemet
Carrier Code: C037
4-Digit Zip Code: 6863
Zip Code: 92545

Valuation

Tax

Total Area: 1,256

Tax Year: 2023
Tax Amount: $511,894
Initial Tax Delinquent Year: 2018
Tax Rate Code Area: 006-060

Appraisal Valuation

Standard Deviation: 0.1859

Valuation Date: Jan 31, 2024
Confidence Score: 75
Final Value: 451,011
High Value: 534,889
Low Value: 367,133

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $303,120

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $438,600
Assessed Land Value: $42,840
Assessed Improvements Value: $395,760

Sales

Current Sale Contract Date: Jun 23, 2022

Current Sale Recording Date: Jun 29, 2022
Current Sale Price:

Premium
Current Sale Document Type: 36
Current Sale Input Document Number: 290316
Previous Sale Recording Date: May 02, 2022
Previous Sale Contract Date: Apr 21, 2022
Previous Sale Amount: $362,500
Previous Sale Document Type: 36

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Hemet

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

Average Home Size

1774 ft²

Average Home Age

36.9 years

Currently For Sale

281 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,100 /mo

2 Beds
1 Bath
894 ft²

1005 Lilac Street, HEMET, CA, 92545 Listing by Leticia Arciniega

Unit for rent at 601 Corona Street, HEMET, CA, 92545

$1,700 /mo

2 Beds
2 Baths
882 ft²

601 Corona Street, HEMET, CA, 92545 Listing by Jorge Uribe

Unit for rent at 560 Boston Street, HEMET, CA, 92545

$2,000 /mo

3 Beds
2 Baths
1,276 ft²

560 Boston Street, HEMET, CA, 92545 Listing by WENDY GAULT

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: JUDY JAMES, CENTURY 21 LOIS LAUER REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18079945

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

731 Balsam

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Hemet

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions