40350 Walnut St
Hemet, CA 92544
3 bd 2 ba 1,805 sqft Built 1976 Lot 37,462 sqft single_family
Most recent sale
$654,900
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 21, 2024 | Sold | $575,000 | CRMLS |
| Aug 9, 2023 | Price changed | $575,000 | CRMLS |
| Jul 10, 2023 | Price changed | $595,000 | CRMLS |
| Jul 8, 2023 | Price changed | $600,000 | CRMLS |
| Jun 20, 2023 | Price changed | $620,000 | CRMLS |
| May 24, 2023 | Price changed | $670,000 | CRMLS |
| May 18, 2023 | Listed | $690,000 | CRMLS |
| Apr 15, 2022 | Sold | $654,900 | MLS #SW21257515 |
| Mar 16, 2022 | Price changed | $654,900 | MLS #SW21257515 |
| Dec 1, 2021 | Listed | $655,000 | MLS #SW21257515 |
| Nov 7, 2021 | Listed for rent | $3,200 | CRMLS |
| Nov 18, 2019 | Sold | $377,000 | MLS #CV19189707 |
| Oct 9, 2019 | Price changed | $377,000 | MLS #CV19189707 |
| Sep 19, 2019 | Price changed | $386,000 | MLS #CV19189707 |
| Sep 5, 2019 | Price changed | $398,000 | MLS #CV19189707 |
| Aug 8, 2019 | Listed | $409,900 | MLS #CV19189707 |
| Jun 7, 2019 | Sold | $270,000 | MLS #SW19023164 |
| Mar 23, 2019 | Price changed | $359,000 | MLS #SW19023164 |
| Jan 30, 2019 | Listed | $369,000 | MLS #SW19023164 |
| Jul 13, 1987 | Sold | $101,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $410,550 | $175,950 | $586,500 | $6,669 |
| 2024 | $410,550 | $175,950 | $586,500 | $7,741 |
| 2023 | $591,498 | $76,500 | $667,998 | $7,637 |
| 2022 | $311,230 | $77,292 | $388,522 | $4,460 |
| 2021 | $305,128 | $75,777 | $380,905 | $4,386 |
| 2020 | $302,000 | $75,000 | $377,000 | $4,325 |
| 2019 | $113,228 | $60,033 | $173,261 | $1,927 |
| 2018 | $111,006 | $58,858 | $169,864 | $1,866 |
| 2017 | $108,830 | $57,704 | $166,534 | $1,842 |
| 2016 | $106,697 | $56,573 | $163,270 | $1,827 |
| 2015 | $105,096 | $55,724 | $160,820 | $1,821 |
| 2014 | $103,039 | $54,634 | $157,673 | $1,737 |
| 2013 | $102,574 | $54,388 | $156,962 | $1,737 |
| 2012 | $100,563 | $53,322 | $153,885 | $1,703 |
| 2010 | $97,856 | $51,888 | $149,744 | $1,637 |
| 2009 | $98,090 | $52,012 | $150,102 | $1,617 |
| 2008 | $96,167 | $50,993 | $147,160 | $1,606 |
| 2007 | $94,282 | $49,994 | $144,276 | $1,535 |
Property facts
Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,805 sqft
Lot size
37,462 sqft
ZIP code
92544
City
Hemet
Street
Walnut St
Coordinates
33.68252, -116.95630
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,776
Gross rental yield
10.58%
Implied cap rate
6.88%
Trend-extrapolated value
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Frequently asked questions
When did 40350 Walnut St last sell?
40350 Walnut St most recently sold on Apr 15, 2022 for $654,900.
What is the current tax assessment for 40350 Walnut St?
The most recent total assessment for 40350 Walnut St (year 2025) is $586,500 with $6,669 in property tax.
How does 40350 Walnut St's assessment compare to its last sale price?
The current assessment is 10.4% below the last sale price of $654,900.
When was 40350 Walnut St built?
40350 Walnut St was built in 1976.
How does 40350 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 40350 Walnut St?
40350 Walnut St is a 3 bed, 2 bath, 1,805 sqft, 37,462 sqft lot single_family.
Is 40350 Walnut St a flip candidate?
Yes — 40350 Walnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40350 Walnut St a tax-appeal candidate?
No — 40350 Walnut St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.3%
2026 Q3
$496.1K
2026 Q4
$513.6K
ZIP 92544 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Walnut St