2 Units for a great price! Step into the timeless charm of this beautifully restored 1925 Craftsman situated on a spacious lot in the heart of Hemet. Blending classic character with extensive modern upgrades, this move-in ready property offers the perfect combination of historic appeal and today’s conveniences.
The main residence welcomes you with a bright, open living space, luxury vinyl plank flooring, fresh interior and exterior paint, new dual-pane windows, an updated kitchen with quartz countertops, new appliances, remodeled bathroom, new carpet in the bedrooms, updated lighting, and countless improvements throughout.
A standout feature is the detached ADU, offering approximately 400 square feet complete with its own kitchen, living area and bathroom—ideal for multigenerational living, guests, a private office, or rental income potential. Outside, the expansive lot provides ample room for parking, entertaining, and future possibilities. The property also features a detached two-car garage, covered carport, fresh rock landscaping for low-maintenance living, and gated access.
With more than $133,000 invested in renovations, including updated plumbing, electrical, windows, flooring, fixtures, roof improvements, landscaping, and much more, this is a rare opportunity to own a thoughtfully restored Craftsman with an income-producing or multi-generational ADU—all offered at just $469,000.
Pending
Listed by: Coldwell Banker Assoc Brkr-SC • Jessica Terpstra • Contact: 714-883-8885
$468,999
331 N Thompson St, Hemet, CA 92543
3beds
1,576sqft
Single Family Residence
Built in 1925
9,583 Square Feet Lot
$468,800 Zestimate®
$298/sqft
$-- HOA
What's special
- 23 days
- 54
- 1
Zillow last checked:
Listing updated:
Listed by:
Jessica Terpstra DRE #01982979 714-883-8885,
Coldwell Banker Assoc Brkr-SC
Source: CRMLS,MLS#: SW26146366
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Family Room, Kitchen
Heating
- Central
Cooling
- See Remarks
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,576 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 9,583 Square Feet
- Features: Desert Front
Details
- Parcel number: 443162017
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Storm Drain(s), Sidewalks
Location
- Region: Hemet
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $197,294
- Date on market: 7/6/2026
- Cumulative days on market: 24 days
- Listing terms: Submit
Estimated market value
$468,800
$445,000 - $492,000
$2,445/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Pending sale | $468,999$298/sqft |
Source: | ||
| 7/17/2026 | Price change | $468,9990%$298/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $469,000+93%$298/sqft |
Source: | ||
| 3/4/2026 | Sold | $243,000+42.9%$154/sqft |
Source: Public Record Report a problem | ||
| 6/19/2018 | Sold | $170,000+0.1%$108/sqft |
Source: Public Record Report a problem | ||
| 2/23/2018 | Pending sale | $169,777$108/sqft |
Source: Coldwell Banker Blackstone Realty #IV17231818 Report a problem | ||
| 1/7/2018 | Listed for sale | $169,777$108/sqft |
Source: Coldwell Banker Blackstone Realty #IV17231818 Report a problem | ||
| 11/13/2017 | Pending sale | $169,777$108/sqft |
Source: Coldwell Banker Blackstone Realty #IV17231818 Report a problem | ||
| 10/9/2017 | Price change | $169,777-1.9%$108/sqft |
Source: Coldwell Banker Blackstone Realty #IV17231818 Report a problem | ||
| 9/12/2017 | Listed for sale | $173,000+25.8%$110/sqft |
Source: COLDWELL BANKER BLACKSTONE RE #IV17209557 Report a problem | ||
| 5/26/2017 | Listing removed | $137,500$87/sqft |
Source: Liberty Real Estate #SW16182493 Report a problem | ||
| 9/17/2016 | Pending sale | $137,500$87/sqft |
Source: Liberty Real Estate #SW16182493 Report a problem | ||
| 8/19/2016 | Listed for sale | $137,500$87/sqft |
Source: Liberty Real Estate #SW16182493 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $197,294 +2% |
| 2025 | $2,751 +2.5% | $193,427 +2% |
| 2024 | $2,685 +7.9% | $189,635 +2% |
| 2023 | $2,488 +13.8% | $185,917 +2% |
| 2022 | $2,186 +1.6% | $182,272 +2% |
| 2021 | $2,151 +0.5% | $178,699 +1% |
| 2020 | $2,141 +2.1% | $176,868 +2% |
| 2019 | $2,096 +35% | $173,400 +36.6% |
| 2018 | $1,553 +1.1% | $126,975 +2% |
| 2017 | $1,536 | $124,486 +14.2% |
| 2016 | $1,536 +27.3% | $109,000 +17.2% |
| 2015 | $1,207 +9.8% | $93,000 +8.1% |
| 2014 | $1,099 | $86,000 +11.7% |
| 2013 | -- | $77,000 +32.8% |
| 2012 | -- | $58,000 -29.5% |
| 2011 | -- | $82,262 +0.8% |
| 2010 | -- | $81,649 -0.2% |
| 2009 | -- | $81,845 +2% |
| 2008 | -- | $80,241 +2% |
| 2007 | -- | $78,669 +2% |
| 2006 | -- | $77,128 +2% |
| 2005 | -- | $75,616 +3.9% |
| 2003 | -- | $72,779 +45.6% |
| 2002 | -- | $50,000 +11.1% |
| 2001 | $517 +10.8% | $45,000 +12.5% |
| 2000 | $467 | $40,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92543
Local buyer's agents are ready to help





