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$420,000

731 Balsam Way Hemet, CA 92545

3 beds
2 full
1,256 sqft
0.1 acres
$334 / sqft
House

Property details

About 731 Balsam Way

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!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,256 sqft
Lot size0.11 Acres
Year built1989
ParkingDoor-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Public
MLS #SW25098663
Attached garage2 spaces
FireplaceFamily Room

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Gas Range
  • Flooring Type: Carpet, Vinyl
  • Interior: Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Family Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Public
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $420,000
  • Price/SqFt: $334
  • HOA Amount: $118 Monthly
  • Annual Tax Amount: $5,183
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Level, Sprinklers
  • Directions: Kirby to W Johnston to Balsam
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,256 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: SW25098663
  • MLS Name: CRMLS
  • Office Name: Partners Real Estate Group
  • Office Phone: (951) 970-6370
  • Listing Agent: Wendy Johnson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 29, 2022
Home Sold
$430,000
May 02, 2022
Home Sold
$362,500
May 22, 2018
Home Sold
$235,000
Mar 01, 2010
Home Sold
$106,500
Jul 18, 2007
Home Sold
$270,000
May 09, 2003
Home Sold
$162,000

Tax history

YearAssessmentProperty Tax
2024$447,371$5,183
2023$438,600$5,118
2022$251,964$2,996
2021$247,025$2,948
2020$244,493$2,923
2018$120,354$1,493
2017$117,995$1,467

History based on county public records data.

Nearby schools

3

Whittier Elementary School

Public District KG-5

1.0 mi

400 W Whittier Ave

3

McSweeny Elementary School

Public District KG-5

1.3 mi

451 W Chambers Ave

4

Harmony Elementary School

Public District KG-5

1.7 mi

1500 S Cawston Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,855. Most Hemet, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
54%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
34%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 731 Balsam Way

The listing price of 731 Balsam Way property is $420,000.

The property 731 Balsam Way is a house located in Hemet, California, 92545.

Active Listing: 731 Balsam Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 731 Balsam Way are: Whittier Elementary School (GreatSchools Rating 3/10), McSweeny Elementary School (GreatSchools Rating 3/10), Harmony Elementary School (GreatSchools Rating 4/10), Diamond Valley Middle School (GreatSchools Rating 3/10), Acacia Middle School (GreatSchools Rating 3/10), Rancho Viejo Middle School (GreatSchools Rating 4/10), West Valley High School (GreatSchools Rating 5/10), Alessandro High School (GreatSchools Rating 2/10), Western Center Academy (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $5,183 (source: MLS/based on county public records data).

The last sale was on June 29, 2022 for $430,000 (source: MLS/tax record).

The property at 731 Balsam Way has 3 bedrooms and 2 bathrooms.

The property 731 Balsam Way is 1,256 SqFt (source: MLS/tax record).

The year of construction for 731 Balsam Way is 1989.

This home is located at 731 Balsam Way in Hemet, CA and zip code 92545. This 1,256 square foot home, which was built in 1989, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $420,000.

Hemet, CA housing market in July 2025 saw over 35 listings sold above listed price, more than 28 sold at listed price and over 30 sold below. The number of homes for sale in Hemet, CA decreased by 0.4% between June and July 2025. Listings spent 45 days on the market in July 2025, and had a median list price of $455,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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