For SaleRisky Deal1 days on market
321 Rainier Way
321 Rainier Way, Hemet, CA 92543, Hemet, CA 92543
$288,000
Estimate®:$290,000$2,000 Under Market
Listing Price
321 Rainier Way, Hemet, CA 92543
Loc: Hemet, CA
Days Listed
1
Tax Assessed
$249k
Estimate®
$290k
1% Under Valued
Lot Size
4,356 sqft
Rent Estimate
$1,741/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Whittier Elementary School
K-5
0.6 mi away
3
Diamond Valley Middle School
6-8
1.6 mi away
4
West Valley High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storystucco exteriorstone accent wallattached garagedesert landscapinglarge mature treeprickly pear cactusxeroscapingresidentialsuburbansouthwestern aestheticdriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.31%
Total ROI
52.6%
Cash Flow
$-460/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-460/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Hemet, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $288,000 | $207 |
| 2020-03-16 | Sold | $223,500 | $161 |
| 2020-02-16 | Pending sale | $225,950 | $163 |
| 2020-02-04 | Price change | $225,950 | $163 |
| 2020-02-01 | Listed for sale | $227,000 | $163 |
| 2020-01-30 | Pending sale | $227,000 | $163 |
| 2019-12-31 | Listed for sale | $227,000 | $163 |
| 2019-10-07 | Listing removed | $222,000 | $160 |
| 2019-09-27 | Pending sale | $222,000 | $160 |
| 2019-09-17 | Price change | $222,000 | $160 |
| 2019-09-13 | Listed for sale | $227,000 | $163 |
| 2017-06-27 | Sold | $139,000 | $100 |
| 2017-04-27 | Pending sale | $134,850 | $97 |
| 2017-04-19 | Listed for sale | $134,850 | $97 |
| 2012-06-07 | Sold | $95,000 | $68 |
| 2012-04-13 | Listed for sale | $99,900 | $72 |
| 2012-01-20 | Listing removed | $104,000 | $75 |
| 2012-01-18 | Listed for sale | $104,000 | $75 |
| 2002-02-22 | Sold | $79,000 | $57 |
| 2000-10-27 | Sold | $73,000 | $53 |
| 1993-10-21 | Sold | $75,000 | $54 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $249,310 |
| 2025 | $2,782.44 | $244,424 |
| 2024 | $2,726.88 | $239,634 |
| 2023 | $2,693.96 | $234,937 |
| 2022 | $2,640.48 | $230,331 |
| 2021 | $2,596.22 | $225,815 |
| 2020 | $1,786.74 | $147,507 |
| 2019 | $1,749.48 | $144,615 |
| 2018 | $1,697.56 | $141,780 |
| 2017 | $1,191.5 | $102,808 |
| 2016 | $1,191.5 | $100,793 |
| 2015 | $1,177.44 | $99,281 |
| 2014 | $1,126.72 | $97,339 |
| 2013 | $0 | $96,900 |
| 2012 | $0 | $72,000 |
| 2011 | $0 | $74,000 |
| 2010 | $0 | $75,000 |
| 2009 | $0 | $72,000 |
| 2008 | $0 | $88,844 |
| 2007 | $0 | $87,103 |
| 2006 | $0 | $85,396 |
| 2005 | $0 | $83,723 |
| 2003 | $0 | $75,949 |
| 2002 | $0 | $74,460 |
| 2001 | $849.66 | $73,000 |
| 2000 | $698.7 | $65,000 |
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