1341 Palisades Street, Perris, California 92570, Perris, 92570 - 4 bed, 2 bath

1341 Palisades Street, Perris, California 92570 home-pic-0

1341 Palisades Street

Perris, California 92570

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,230Sq Ft
3,920Lot Size

Property Price

LIST PRICE$499,000
EST. MARKET VALUE
$528,017
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$528,017 +$29,017 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Perris.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1341 Palisades Street
Subject
$499,000*
List Price
421,230$429-
A
372 Red Cedar
Sold
$395,00022900$4390.2 mi
B
221 W 10th
Sold
$489,000431,579$3100.2 mi
C
1917 Teak Street
Sold
$435,000321,086$4010.5 mi
D
1704 Sycamore Street
Sold
$380,00021870$4370.3 mi
E
468 Birch
Pending
$470,500
List Price
321,086$4330.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property was built in 2002 and has had several recent upgrades, including a newer roof (2.5 years old) and a high-efficiency HVAC system. The description mentions wood-look flooring and new windows, suggesting a well-maintained interior. The kitchen features granite countertops and ample cabinet space, which are good quality features. While not a full recent renovation, the property appears move-in ready with functional systems and some updated components, fitting the 'good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Grant Assistance Program

    Qualifies for up to $20,000 in down payment and closing cost grant assistance through the City National Ladder Up program, significantly reducing upfront costs for buyers.

  • Low Property Taxes & No HOA

    Features low property taxes and no Homeowners Association fees, leading to substantial long-term savings for the owner.

  • Recent Major System Upgrades

    Includes a newer roof (approx. 2.5 years old), a high-efficiency Lennox HVAC system with updated ductwork, and a water softener, indicating significant recent investments in core home infrastructure.

CONSRISKS & DEFICIENCIES

  • Leased Solar System Cost

    The leased solar system has a monthly cost of approximately $314, which is an ongoing expense for the buyer.

  • Buyer Verification Required

    The listing explicitly states that the buyer must verify all information, including solar terms, square footage, and assumptions, which adds a layer of due diligence and potential uncertainty.

  • Limited Lot Size

    The lot size of 3920 sqft is relatively small, which may limit outdoor living space and potential for future expansion.

About 1341 Palisades Street

This property qualifies for up to $20,000 in down payment and closing cost grant assistance with City National Ladder Up program. Low taxes and no HOA. This well-maintained single-story home offers 4 bedrooms and 2 bathrooms with numerous recent upgrades throughout. Interior features include wood-look flooring, new windows providing abundant natural light, and an open living area that flows into the eat-in kitchen. The kitchen includes granite countertops, ample cabinet space, and direct access to the attached 2-car garage for added convenience. The hallway leads to four bedrooms, including a flexible front bedroom suitable for an office or guest room. A full bathroom, laundry closet with washer and gas dryer hookups, and additional storage cabinets provide everyday functionality. The primary suite and two additional bedrooms are located toward the rear of the home. Major system improvements include a newer roof approximately 2.5 years old, a Lennox high-efficiency HVAC system with updated ductwork, and a water softener system. The property is equipped with a leased solar system with four backup batteries. Solar lease is approximately $314 per month. A security system is installed and may be transferred to the new owner. The backyard offers space for outdoor use and includes a storage shed that will convey with the sale. Conveniently located near parks, schools, shopping, the train station, and the police station, with easy access to local recreation and commuter routes. An existing loan at 4.39% may be assumable subject to lender approval and buyer qualification. Buyer to verify all information including solar terms, square footage, and assumptions.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2002
Lot Size
3,920 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.03.0
49%
Square foot1,2302,287
9%
Lot Size3,9209,365.5
4%
Price$499.0K$627.0K
17%
Price per sq ft$406$307
84%
Built year20022005
43%
HOA$0$0
50%
Days on market34203
1%

Pricing History

Listed for Sale

Feb 1, 2026

$499,000

Initial Listing

Sold

Jun 22, 2022

$450,000

Public Record

Sold

Jan 27, 2009

$126,000

Public Record

Sold

Sep 14, 2005

$325,000

Public Record

Sold

Oct 25, 2002

$128,000

Public Record

Sold

Oct 9, 2002

$126,000

Public Record

Sold

Feb 23, 2001

$1,000,000

Public Record

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