2036 Cherrytree Drive, Perris, California 92571, Perris, 92571 - 3 bed, 3 bath

2036 Cherrytree Drive, Perris, California 92571 home-pic-0
ACTIVE$480,000$1,257/sqft
Est. Value: $461,703
-3%
AboveEstimate
2036 Cherrytree Drive, Perris, California 92571
3Beds
3Baths
1,257Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($461,702.845) is $18,297.155 (3%) lower than the list price ($480,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Cost Savings: The presence of leased solar panels significantly reduces energy costs, offering an eco-friendly and budget-conscious living solution for future owners.
Top Cons:
Property Age: Built in 1988, the home is over three decades old, which may imply the need for updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet contemporary standards.

Compared to the nearby listings

Price:$480.0K vs avg $555.0K ($-75,000)18%
Size:1,257 sqft vs avg 2,114 sqft15%
Price/sqft:$382 vs avg $28284%

More Insights

Built in 1988 (38 years old).
Condition: Built in 1988, this property is 36 years old. While the exterior appears well-maintained and some minor updates like a modern ceiling fan are present, the patterned brown carpet in the bedroom is significantly dated. Without images of the kitchen and bathrooms, it's reasonable to infer that these key areas likely reflect a similar age and style, requiring minor updates to meet current aesthetic standards. The property is functional and appears to have been maintained, but it has not undergone a major recent renovation, aligning with the 'Fair' condition criteria for homes built within the last 25-40 years with no major renovations since construction, or those requiring minor updates.
Year Built
1988
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$382
HOA
-
Days on market
-
Sold On
-
MLS number
TR25279857
Home ConditionFair
Features
View-

About this home

Welcome to CherryTree Drive in Perris, CA! This charming family home features an open layout with high ceilings that create a spacious and airy feel. Boasting 3 bedrooms and 2.5 bathrooms within 1,257 sqft, it offers plenty of space for comfortable living. The property sits on a generous 4,356 sqft lot and includes fruit trees, adding a touch of nature right in your backyard. Leased solar panels help keep energy costs down, making it both eco-friendly and budget-friendly. Enjoy the perks of the area with nearby Lake Perris, perfect for barbecues, camping, hiking, and outdoor fun. This home is a wonderful blend of comfort and outdoor adventure, ready for your next chapter!

T
Thomas Montes
Listing Agent

Price History

Date
Event
Price
09/29/21
Sold
$410,000
01/13/10
Sold
$128,000
07/23/08
Sold
$98,500
09/26/05
Sold
$330,000
05/20/04
Sold
$243,000
Condition Rating
Fair

Built in 1988, this property is 36 years old. While the exterior appears well-maintained and some minor updates like a modern ceiling fan are present, the patterned brown carpet in the bedroom is significantly dated. Without images of the kitchen and bathrooms, it's reasonable to infer that these key areas likely reflect a similar age and style, requiring minor updates to meet current aesthetic standards. The property is functional and appears to have been maintained, but it has not undergone a major recent renovation, aligning with the 'Fair' condition criteria for homes built within the last 25-40 years with no major renovations since construction, or those requiring minor updates.
Pros & Cons

Pros

Energy Cost Savings: The presence of leased solar panels significantly reduces energy costs, offering an eco-friendly and budget-conscious living solution for future owners.
Recreational Proximity: Located near Lake Perris, the property offers convenient access to a variety of outdoor activities such as barbecuing, camping, and hiking, enhancing lifestyle appeal.
Spacious Interior Feel: An open layout complemented by high ceilings creates a bright and airy atmosphere, contributing to a more spacious and inviting living environment.
Outdoor Appeal & Utility: The property features a generous 4,356 sqft lot with mature fruit trees, adding natural beauty, potential for fresh produce, and a pleasant outdoor space.
Functional Family Layout: With 3 bedrooms and 2.5 bathrooms, the home provides a practical and desirable floor plan, well-suited for comfortable family living.

Cons

Property Age: Built in 1988, the home is over three decades old, which may imply the need for updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet contemporary standards.
Leased Solar Panels: While offering energy savings, the 'leased' nature of the solar panels entails ongoing monthly payments and can introduce complexities during the transfer of ownership.
Compact Living Area: At 1,257 sqft, the interior living space for a 3-bedroom, 2.5-bathroom home may be considered modest by some buyers, potentially limiting spaciousness for larger families or those desiring more expansive rooms.
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