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40320 Walnut St

Hemet, CA 92544

3 bd 2 ba 1,674 sqft Built 1977 Lot 39,204 sqft single_family
Most recent sale
$555,000
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2022 Sold $555,000 MLS #IV22105177
May 27, 2022 Price changed $569,000 MLS #IV22105177
May 19, 2022 Listed $599,000 MLS #IV22105177
Jul 8, 2005 Sold $430,000 Public Record
Mar 19, 1987 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $499,392 $78,030 $577,422 $7,408
2024 $499,392 $78,030 $577,422 $7,115
2023 $480,000 $75,000 $555,000 $6,627
2022 $394,980 $118,919 $513,899 $5,886
2021 $334,729 $100,778 $435,507 $5,009
2020 $298,865 $89,981 $388,846 $4,460
2019 $290,160 $87,360 $377,520 $4,320
2018 $279,000 $84,000 $363,000 $4,105
2017 $221,000 $67,000 $288,000 $3,290
2016 $198,000 $60,000 $258,000 $2,988
2015 $172,000 $52,000 $224,000 $2,631
2014 $140,000 $43,000 $183,000 $2,100
2013 $130,000 $40,000 $170,000 $1,963
2012 $129,000 $39,000 $168,000 $1,941
2010 $98,000 $30,000 $128,000 $1,472
2009 $100,000 $30,000 $130,000 $1,473
2008 $154,000 $83,000 $237,000 $2,685
2007 $336,498 $102,000 $438,498 $4,807

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,674 sqft
Lot size
39,204 sqft
ZIP code
92544
City
Hemet
Street
Walnut St
Coordinates
33.68251, -116.95696

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,357
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value

Frequently asked questions

When did 40320 Walnut St last sell?
40320 Walnut St most recently sold on Aug 10, 2022 for $555,000.
What is the current tax assessment for 40320 Walnut St?
The most recent total assessment for 40320 Walnut St (year 2025) is $577,422 with $7,408 in property tax.
How does 40320 Walnut St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $555,000.
When was 40320 Walnut St built?
40320 Walnut St was built in 1977.
How does 40320 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 40320 Walnut St?
40320 Walnut St is a 3 bed, 2 bath, 1,674 sqft, 39,204 sqft lot single_family.
Is 40320 Walnut St a flip candidate?
No — 40320 Walnut St does not appear in our flips dataset.
Is 40320 Walnut St a tax-appeal candidate?
No — 40320 Walnut 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
+4.6%
Implied 1-yr
+18.3%
2026 Q3
$496.1K
2026 Q4
$513.6K
ZIP 92544 — Median Price History + Forecast

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