1077 Merced Way
Hemet, CA 92545
3 bd 2 ba 1,246 sqft Built 1988 Lot 5,227 sqft single_family
Most recent sale
$470,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $470,000 | MLS #IV22065835 |
| May 13, 2022 | Price changed | $452,000 | MLS #IV22065835 |
| Apr 8, 2022 | Listed | $470,000 | MLS #IV22065835 |
| Aug 27, 2018 | Sold | $269,900 | MLS #300592407 |
| Aug 2, 2018 | Relisted | $269,900 | MLS #SW18161656 |
| Jul 28, 2018 | Listing removed | $269,900 | CRMLS |
| Jul 3, 2018 | Listed | $269,900 | MLS #300592407 |
| Dec 22, 2008 | Sold | $135,000 | Public Record |
| Sep 3, 2004 | Sold | $292,500 | Public Record |
| Nov 30, 2001 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $255,450 | $51,313 | $306,763 | $3,666 |
| 2024 | $255,450 | $51,313 | $306,763 | $3,597 |
| 2023 | $245,532 | $49,321 | $294,853 | $3,554 |
| 2022 | $240,718 | $48,354 | $289,072 | $3,488 |
| 2021 | $235,999 | $47,406 | $283,405 | $3,432 |
| 2020 | $233,580 | $46,920 | $280,500 | $3,394 |
| 2019 | $229,000 | $46,000 | $275,000 | $3,323 |
| 2018 | $96,194 | $56,582 | $152,776 | $1,918 |
| 2017 | $94,308 | $55,473 | $149,781 | $1,897 |
| 2016 | $92,459 | $54,386 | $146,845 | $1,884 |
| 2015 | $91,071 | $53,570 | $144,641 | $1,879 |
| 2014 | $89,288 | $52,522 | $141,810 | $1,802 |
| 2013 | $72,000 | $43,000 | $115,000 | $1,507 |
| 2012 | $65,000 | $39,000 | $104,000 | $1,383 |
| 2010 | $64,000 | $38,000 | $102,000 | $1,347 |
| 2009 | $85,000 | $50,000 | $135,000 | $1,693 |
| 2008 | $132,000 | $71,000 | $203,000 | $2,393 |
| 2007 | $247,095 | $57,222 | $304,317 | $3,438 |
Property facts
Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,246 sqft
Lot size
5,227 sqft
ZIP code
92545
City
Hemet
Street
Merced Way
Coordinates
33.73027, -116.99933
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,987
Gross rental yield
10.18%
Implied cap rate
6.62%
Trend-extrapolated value
—
Frequently asked questions
When did 1077 Merced Way last sell?
1077 Merced Way most recently sold on Jun 29, 2022 for $470,000.
What is the current tax assessment for 1077 Merced Way?
The most recent total assessment for 1077 Merced Way (year 2025) is $306,763 with $3,666 in property tax.
How does 1077 Merced Way's assessment compare to its last sale price?
The current assessment is 34.7% below the last sale price of $470,000.
When was 1077 Merced Way built?
1077 Merced Way was built in 1988.
How does 1077 Merced Way compare to others on Merced Way?
We track 4 other properties on Merced Way. Browse the list under "Other properties on Merced Way" to compare beds, baths, and sale history.
What are the property facts for 1077 Merced Way?
1077 Merced Way is a 3 bed, 2 bath, 1,246 sqft, 5,227 sqft lot single_family.
Is 1077 Merced Way a flip candidate?
No — 1077 Merced Way does not appear in our flips dataset.
Is 1077 Merced Way a tax-appeal candidate?
No — 1077 Merced Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$324.1K
2026 Q4
$324.1K
ZIP 92545 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Merced Way