
Perris, California 92571
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $458,586 Fair Market Value by -5%. While the home features high ceilings and a functional master suite, its Condition Rating of 5 indicates a need for modernization of major systems and finishes. Its proximity to the 215 freeway provides strong commuter appeal, though the smaller lot size limits outdoor expansion. This is an ideal acquisition for Value-Add Investors or first-time buyers seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1970 Murrieta Road Subject | $485,000* List Price | 3 | 3 | 1,492 | $307 | - |
A 1491 Portrait Sold | $465,000 | 4 | 3 | 1,500 | $310 | 0.9 mi |
B 1832 Havasu Street Sold | $519,000 | 3 | 3 | 1,449 | $358 | 0.6 mi |
C 462 Coudures Way Sold | $544,000 | 4 | 3 | 1,850 | $294 | 0.4 mi |
D 2036 Cherrytree Drive Sold | $500,000 | 3 | 3 | 1,257 | $398 | 0.8 mi |
E 1509 Portrait Sold | $465,000 | 3 | 2 | 1,204 | $386 | 0.9 mi |
F 2002 Medical Center Sold | $503,000 | 4 | 3 | 1,356 | $371 | 0.8 mi |
G 1455 Remembrance Drive Sold | $520,000 | 4 | 3 | 1,749 | $297 | 0.8 mi |
H 509 Granite View Sold | $502,000 | 4 | 3 | 1,650 | $304 | 0.3 mi |
I 452 Cherry Vista Drive Active | $499,900 List Price | 4 | 3 | 1,407 | $355 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1989, making it 37 years old and placing it in the >30y category. While described as 'nice' with crown molding, there is no mention of recent renovations to the kitchen, bathrooms, or major systems (HVAC/Electric), suggesting the home is in original, dated condition requiring significant updates.
The home features high ceilings and crown molding, which create an airy, sophisticated interior ambiance and enhance the overall sense of space.
Conveniently situated just minutes from the 215 freeway and local schools, this property offers excellent accessibility for busy families and commuters.
The master bedroom is well-appointed with double sinks and a walk-in closet, providing a comfortable and practical private retreat for homeowners.
With a lot size of only 3,920 square feet, the yard is relatively small, which may be a drawback for buyers seeking extensive outdoor recreational areas.
Built in 1989, the home may require upcoming investments in major systems or cosmetic updates to meet modern energy efficiency and design standards.
Check out this nice three bedroom home! It has high ceilings with crown molding, a cozy fireplace and a low maintenance yard. The kitchen is open to the eating area for family gatherings. The master bedroom has double sinks and a walk-in closet. It's conveniently located just minutes from the 215 freeway and close to schools. Make this one yours today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,492 | 1,916 |
| Lot Size | 3,920 | 7,016 |
| Price | $485.0K | $583.5K |
| Price per sq ft | $325 | $293 |
| Built year | 1989 | 1997 |
| HOA | $0 | $99 |
| Days on market | 30 | 67 |
Jun 22, 2026
$485,000
Initial Listing
Dec 4, 2017
$279,000
Public Record
Mar 18, 2005
$299,000
Public Record
Jan 17, 2003
$152,500
Public Record
Oct 17, 2001
$134,000
Public Record
May 1, 1996
$68,000
Public Record