20701 Costello, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath
ACTIVE$649,999$1,085/sqft
Est. Value: $578,263
-11%
AboveEstimate
20701 Costello, Perris, California 92570
3Beds
2Baths
1,085Sqft
42,253Lot
Price Vs. Estimate
The estimated value ($578,263.035) is $71,735.965 (11%) lower than the list price ($649,999). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 1085.
Top Cons:
Limited Interior Square Footage: At 1085 sqft, the interior living space is relatively compact for a 3-bedroom home, which might be a consideration for buyers seeking more spacious interiors.
Compared to the nearby listings
Price:$650.0K vs avg $627.5K (+$22,499)55%
Size:1,085 sqft vs avg 2,287 sqft5%
Price/sqft:$599 vs avg $30998%
More Insights
Built in 1979 (47 years old).
Condition: Built in 1979, the property has received recent cosmetic updates including fresh paint, new laminate flooring, new kitchen cabinets and sink, and updated bathroom vanities and toilets. A new AC is also being installed, which is a significant system upgrade. However, the kitchen is incomplete with no appliances, and the bathrooms retain dated shower surrounds and popcorn ceilings are present throughout. While functional, it requires immediate investment for kitchen appliances and further updates to the bathrooms to be considered fully move-in ready.
Year Built
1979
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$599
HOA
-
Days on market
-
Sold On
-
MLS number
IG26002554
Home ConditionFair
Features
View-
About this home
Beautiful 3-bedroom 2 bath home on an almost one-acre lot. Freshly painted and updated. New AC being installed. Large lot is perfect for an ADU, add on, RV parking, pool with plenty of room for more.
D
David Brambila
Listing Agent
Condition Rating
Fair
Built in 1979, the property has received recent cosmetic updates including fresh paint, new laminate flooring, new kitchen cabinets and sink, and updated bathroom vanities and toilets. A new AC is also being installed, which is a significant system upgrade. However, the kitchen is incomplete with no appliances, and the bathrooms retain dated shower surrounds and popcorn ceilings are present throughout. While functional, it requires immediate investment for kitchen appliances and further updates to the bathrooms to be considered fully move-in ready.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 1085.
Expansive Lot Size: The property boasts an impressive almost one-acre lot (42,253 sqft), offering significant outdoor space, privacy, and potential.
Development Potential: The large lot is explicitly noted as perfect for an ADU, add-on, pool, or extensive landscaping, providing excellent opportunities for future expansion and value creation.
Recent Updates & Fresh Paint: The home has been freshly painted and updated, suggesting move-in readiness and reduced immediate cosmetic expenses for the new owner.
New AC Installation: A new AC system is being installed, enhancing comfort and energy efficiency, which is a significant upgrade for a home built in 1979.
RV/Vehicle Parking Capacity: The generous lot size provides ample room for RV parking, a highly desirable feature for many homeowners.
Cons
Limited Interior Square Footage: At 1085 sqft, the interior living space is relatively compact for a 3-bedroom home, which might be a consideration for buyers seeking more spacious interiors.
Property Age: Built in 1979, the home's underlying structure and systems are 45 years old, which, despite recent updates, may imply potential for future maintenance or less modern design elements.
Absence of Scenic Views: The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing specific scenic outlooks or vistas.