431 Rainier Way
Hemet, CA 92543
3 bd 2 ba 1,568 sqft Built 1964 Lot 4,356 sqft single_family
Most recent sale
$280,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $280,000 | MLS #SW21265180 |
| Mar 11, 2022 | Price changed | $279,900 | MLS #SW21265180 |
| Jan 24, 2022 | Price changed | $269,900 | MLS #SW21265180 |
| Dec 16, 2021 | Listed | $284,900 | MLS #SW21265180 |
| Jul 15, 1999 | Sold | $85,000 | Public Record |
| Apr 5, 1996 | Sold | $68,000 | Public Record |
| Apr 13, 1988 | Sold | $73,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $265,302 | $31,836 | $297,138 | $3,463 |
| 2024 | $265,302 | $31,836 | $297,138 | $3,395 |
| 2023 | $255,000 | $30,600 | $285,600 | $3,355 |
| 2022 | $86,888 | $36,193 | $123,081 | $1,507 |
| 2021 | $85,185 | $35,484 | $120,669 | $1,404 |
| 2020 | $84,312 | $35,121 | $119,433 | $1,395 |
| 2019 | $82,659 | $34,433 | $117,092 | $1,365 |
| 2018 | $81,039 | $33,758 | $114,797 | $1,324 |
| 2017 | $79,450 | $33,097 | $112,547 | $1,308 |
| 2016 | $77,893 | $32,449 | $110,342 | $1,298 |
| 2015 | $76,724 | $31,962 | $108,686 | $1,293 |
| 2014 | $75,222 | $31,337 | $106,559 | $1,237 |
| 2013 | $62,000 | $26,000 | $88,000 | $1,033 |
| 2012 | $58,000 | $24,000 | $82,000 | $965 |
| 2010 | $62,000 | $26,000 | $88,000 | $1,067 |
| 2009 | $71,609 | $29,835 | $101,444 | $1,157 |
| 2008 | $70,205 | $29,250 | $99,455 | $1,149 |
| 2007 | $68,829 | $28,677 | $97,506 | $1,102 |
Property facts
Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
4,356 sqft
ZIP code
92543
City
Hemet
Street
Rainier Way
Coordinates
33.74108, -116.98304
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
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 431 Rainier Way last sell?
431 Rainier Way most recently sold on Apr 25, 2022 for $280,000.
What is the current tax assessment for 431 Rainier Way?
The most recent total assessment for 431 Rainier Way (year 2025) is $297,138 with $3,463 in property tax.
How does 431 Rainier Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $280,000.
When was 431 Rainier Way built?
431 Rainier Way was built in 1964.
How does 431 Rainier Way compare to others on Rainier Way?
We track 8 other properties on Rainier Way. Browse the list under "Other properties on Rainier Way" to compare beds, baths, and sale history.
What are the property facts for 431 Rainier Way?
431 Rainier Way is a 3 bed, 2 bath, 1,568 sqft, 4,356 sqft lot single_family.
Is 431 Rainier Way a flip candidate?
No — 431 Rainier Way does not appear in our flips dataset.
Is 431 Rainier Way a tax-appeal candidate?
No — 431 Rainier 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
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$288.6K
2026 Q4
$287K
ZIP 92543 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainier Way