14892 Lago Drive, Rancho Murieta, CA 95683, Rancho Murieta, 95683 - 3 bed, 2 bath
14892 Lago Drive
Rancho Murieta, CA 95683
Property Price
SUMMARY
Analysis of 14892 Lago Drive, Rancho Murieta, CA 95683 is currently available with a list price of $575,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rancho Murieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1979, features a recently remodeled kitchen with modern finishes including granite countertops, subway tile backsplash, and soft-close cabinets, which is a significant upgrade. Hardwood floors are also a positive. However, the bathrooms are not explicitly mentioned as remodeled, suggesting they may be original or older in style. The property analysis also highlights the potential for other major systems (HVAC, plumbing, electrical) to be original or older, indicating that while the home is well-maintained, some components may be outdated or nearing the end of their lifespan. This combination of a modern kitchen within an older home with potentially older systems aligns with a 'Fair' condition, requiring minor updates or repairs beyond the kitchen.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The kitchen has been fully remodeled with tile flooring, granite countertops, a large center island, subway tile backsplash, soft-close cabinets, and two pantries, offering a contemporary and highly functional space.
- Exceptional Community Amenities
Located in Rancho Murieta, a vibrant community boasting 5 lakes, 5 parks, pickleball and other sports courts, extensive hiking/biking trails, organized youth sports, and summer lakeside concerts.
- Desirable Interior Features & Storage
Features rich hardwood floors, cathedral ceilings, abundant natural lighting, built-in bookshelves, a generously sized master suite with a custom organizational system in the walk-in closet, and a garage with large custom cabinets and overhead storage.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1979, while the kitchen is remodeled, other major systems (e.g., HVAC, plumbing, electrical) may be original or older, potentially requiring future maintenance or replacement.
- Woodburning Fireplace
The home features a woodburning fireplace, which some modern buyers might find less convenient or environmentally desirable compared to gas or electric alternatives.
- Monthly Association Fee
The property is subject to a monthly association fee of $167, which is an ongoing cost to consider, despite the extensive community amenities it supports.
About 14892 Lago Drive
Welcome to this charming single story home nestled in the serene community of Rancho Murieta. Rich hardwood floors and cathedral ceilings greet you as you enter the home. Hardwood floors continue into bright living room with plenty of natural lighting and woodburning fireplace framed with built in bookshelves. Remodeled kitchen features tile flooring, granite throughout with large center island, subway tile backsplash, soft close cabinets and drawers. Plenty of storage with 2 pantries! Generously sized master suite featuring walk in closet with a custom organizational system. Remote secondary bedrooms share bath w/ double sinks. Garage boasts large custom cabinets as well as overhead storage racks. Rancho Murieta is a vibrant community that hosts a variety of functions and activities suitable for all ages and interests. Miles of hiking and biking Trails allow you to explore the scenic natural beauty of the community. Other treasures include 5 lakes, 5 parks, pickle ball and other sports courts, organized youth sports, summer lakeside concerts and so much more! All SMUD community, No PG&E! Highly rated schools through EGUSD. No large direct levies or Mello Roo's to deal with. This home and community will not disappoint.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $167 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,743 | 2,359 | 11% |
| Lot Size | 2,500 | 6,932 | 7% |
| Price | $557.5K | $730.0K | 9% |
| Price per sq ft | $320 | $315 | 58% |
| Built year | 1979 | 1990 | 18% |
| HOA | $167 | $166 | 77% |
| Days on market | 155 | 197 | 35% |
Pricing History
No pricing history data available.