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$469,000 Just Listed
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Property Description
Step into the timeless charm of this beautifully restored 1925 Craftsman situated on a spacious lot in the heart of Hemet. Blending classic character with extensive modern upgrades, this move-in ready property offers the perfect combination of historic appeal and today's conveniences.
The main residence welcomes you with a bright, open living space, luxury vinyl plank flooring, fresh interior and exterior paint, new dual-pane windows, an updated kitchen with quartz countertops, new appliances, remodeled bathroom, new carpet in the bedrooms, updated lighting, and countless improvements throughout.
A standout feature is the detached ADU, offering approximately 400 square feet complete with its own kitchen, living area and bathroom-ideal for multigenerational living, guests, a private office, or rental income potential. Outside, the expansive lot provides ample room for parking, entertaining, and future possibilities. The property also features a detached two-car garage, covered carport, fresh rock landscaping for low-maintenance living, and gated access.
With more than $133,000 invested in renovations, including updated plumbing, electrical, windows, flooring, fixtures, roof improvements, landscaping, and much more, this is a rare opportunity to own a thoughtfully restored Craftsman with an income-producing or multi-generational ADU-all offered at just $469,000.
Full Property Details
Full Property Details for 331 N Thompson
General
- Price: $469,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SW26146366
- Updated: 7/7/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Kitchen, Family Room
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Riverside
- Driving Directions: just off florida and thompson
School Information
- School District: Hemet Unified
Community
- Community Features: Storm Drains, Sidewalks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: 1 Common Wall
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,576
- Sq. Ft. Source: Estimated
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size Source: Assessor
- Lot Description: Desert in Front
Financial Considerations
- Price Per Sq. Ft.: $297.59
Disclosures and Reports
- Special Conditions: Standard
Listed by Coldwell Banker Assoc Brkr-SC, Jessica Terpstra
Get Pre-Approved Today
Schools
Schools serving 331 N Thompson
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Jacob Wiens Elementary School 935 East Campus Way, Hemet, CA 92543 | K-5 | 0.2 mi |
Acacia Middle School 1200 E. Acacia Ave., Hemet, CA 92543 | 6-8 | 0.6 mi |
Tahquitz High School 4425 Titan Trail, Hemet, CA 92545 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 N Thompson
Date
Details
Price
Change
Source
7/06/2026
Listed
$469,000
93%
MLS
2/11/2026
Sold
$243,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 N Thompson
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,751
2%
$193,427
2%
2024
$2,685
8%
$189,635
2%
2023
$2,488
14%
$185,917
2%
2022
$2,186
2%
$182,272
2%
2021
$2,151
—
$178,699
1%
2020
$2,141
2%
$176,868
2%
2019
$2,096
35%
$173,400
37%
2018
$1,553
1%
$126,975
2%
2017
$1,536
12%
$124,486
14%
2016
$1,376
14%
$109,000
17%
2015
$1,207
10%
$93,000
8%
2014
$1,099
10%
$86,000
12%
2013
$1,002
—
$77,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 N Thompson
331 N Thompson, Hemet, CA 92543 (MLS# SW26146366) is a Single Family property with 2 bedrooms and 1 full bathroom. 331 N Thompson is currently listed for $469,000 and was received on July 06, 2026. Want to learn more about 331 N Thompson? Do you have questions about finding other Single Family real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

