1486 Olivecrest, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath
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Perris, California 92571
This Solid Entry-Level Residence is listed at $459,999, representing a stable entry point aligned with its $448,507 Fair Market Value. The property maintains a Fair Condition Rating but offers significant value through a New Roof installed just over a year ago and a scenic City Lights View. Located in a family-oriented neighborhood within the Perris Union High School District, the home provides a functional layout ready for cosmetic updates. This is a strategic acquisition for first-time buyers or Owner-Occupants looking to capitalize on a motivated seller in a well-connected area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1486 Olivecrest Subject | $459,999* List Price | 3 | 2 | 1,068 | $420 | - |
A 1481 Ashbury Way Sold | $435,000 | 3 | 2 | 1,119 | $389 | 0.0 mi |
B 1457 Arrow Creek Sold | $477,000 | 3 | 2 | 1,104 | $432 | 0.1 mi |
C 695 Clearwater Drive Sold | $469,000 | 3 | 2 | 1,036 | $453 | 0.5 mi |
D 484 Harvest Sold | $410,000 | 3 | 2 | 900 | $456 | 0.9 mi |
E 1506 Keepsake Sold | $443,000 | 3 | 3 | 1,300 | $341 | 0.2 mi |
F 702 Clearwater Drive Sold | $495,000 | 3 | 2 | 1,036 | $478 | 0.5 mi |
G 1509 Portrait Active | $465,000 List Price | 3 | 2 | 1,204 | $386 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, the property is over 35 years old and falls into the 'fair' category as it shows signs of age despite regular maintenance. While it features a new roof and updated laminate flooring, the interior retains outdated elements like popcorn ceilings. The lack of kitchen and bathroom images suggests these high-value areas may be original or in need of modernization to meet current market standards.
The property features a new roof installed just over a year ago, offering significant value and reducing immediate capital expenditure for the new owner.
The seller is explicitly noted as motivated and ready to consider all reasonable offers, providing a favorable opportunity for negotiation.
Situated in a friendly, family-oriented neighborhood close to essential amenities and featuring city light views, enhancing its residential appeal.
The sale is contingent upon the seller finding a suitable replacement property, which may introduce uncertainty or delays in the closing timeline.
With only 1,068 square feet of living area and a modest lot size, the property may feel restrictive for buyers seeking more spacious indoor or outdoor environments.
Sale contingent on seller finding suitable replacement property. Motivated seller ready to consider all reasonable offers. Good solid home in a friendly family oriented neighborhood in Perris. new roof installed a little over a year ago. Close to all amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,068 | 2,111 | 10% |
| Lot Size | 3,485 | 6,518 | 6% |
| Price | $460.0K | $570.0K | 11% |
| Price per sq ft | $431 | $277 | 90% |
| Built year | 1988 | 2005 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 184 | 5% |
Feb 13, 2026
$459,999
Initial Listing
May 29, 2009
$90,000
Public Record
Apr 25, 2005
$250,000
Public Record