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540 Farmstead St

Hemet, CA 92543

3 bd 2 ba 1,430 sqft Built 2022 Lot 6,705 sqft single_family
Most recent sale
$445,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $445,000 MLS #IV22196620
Sep 10, 2022 Price changed $449,990 MLS #IV22196620
Sep 7, 2022 Listed $505,505 MLS #IV22196620
Sep 6, 2022 Listed $458,990 MLS #540 Farmstead St.
Dec 22, 2021 Sold $1,582,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $384,948 $78,030 $462,978 $8,122
2024 $384,948 $78,030 $462,978 $7,957
2023 $370,000 $75,000 $445,000 $7,817
2022 $56,500 $56,500 $3,385
2020 $6,670 $6,670 $1,340
2019 $6,540 $6,540 $81
2018 $6,412 $6,412 $78
2017 $6,287 $6,287 $77

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,430 sqft
Lot size
6,705 sqft
ZIP code
92543
City
Hemet
Street
Farmstead St
Coordinates
33.68947, -116.96310

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,576
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value

Frequently asked questions

When did 540 Farmstead St last sell?
540 Farmstead St most recently sold on Oct 24, 2022 for $445,000.
What is the current tax assessment for 540 Farmstead St?
The most recent total assessment for 540 Farmstead St (year 2025) is $462,978 with $8,122 in property tax.
How does 540 Farmstead St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $445,000.
When was 540 Farmstead St built?
540 Farmstead St was built in 2022.
How does 540 Farmstead St compare to others on Farmstead St?
We track 8 other properties on Farmstead St. Browse the list under "Other properties on Farmstead St" to compare beds, baths, and sale history.
What are the property facts for 540 Farmstead St?
540 Farmstead St is a 3 bed, 2 bath, 1,430 sqft, 6,705 sqft lot single_family.
Is 540 Farmstead St a flip candidate?
No — 540 Farmstead St does not appear in our flips dataset.
Is 540 Farmstead St a tax-appeal candidate?
No — 540 Farmstead St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$288.6K
2026 Q4
$287K
ZIP 92543 — Median Price History + Forecast

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