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22541 Markham Street, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath

22541 Markham Street, Perris, California 92570 home-pic-0
ACTIVE$725,000
22541 Markham Street, Perris, California 92570
3Beds
2Baths
1,768Sqft
22,216Lot

Price Vs. Estimate

The estimated value ($646,230.755) is $78,769.245 (10%) lower than the list price ($725,000). 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 = 22216, living area = 1768.
Top Cons:
Manufactured Home Classification: Despite being on a permanent foundation, its status as a manufactured home may influence buyer perception, financing options, and potential resale value compared to traditional stick-built homes.

Compared to the nearby listings

Price:$725.0K vs avg $613.7K (+$111,334)72%
Size:1,768 sqft vs avg 2,224 sqft28%
Price/sqft:$410 vs avg $30185%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is only 9 years old, fitting perfectly within the 'built within 10 years' criteria for an excellent rating. The listing describes it as 'stunning' and 'move-in ready,' with modern features like stainless steel kitchen appliances, a functional island, crown molding throughout, and a double-sided gas fireplace. The images confirm a very clean, well-maintained interior with contemporary finishes, including dark wood kitchen cabinets, clean countertops, and modern light fixtures. The primary bathroom boasts desirable features like a large tub, walk-in shower, and individual sinks. All components appear virtually new with no visible deferred maintenance, indicating high quality and current standards.
Year Built
2015
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
IV24185634
Home ConditionExcellent
Features
View-

About this home

This stunning three-bedroom, two-bath, 1768 square foot manufactured home is truly exceptional. Corner lot on permanent foundation. The open floor plan adds style. The primary bedroom offers maximum privacy being on opposite sides of the other two bedrooms and features a spacious walk-in closet along with an additional side closet for all your storage needs. Pamper yourself with the luxury of the primary bathroom's large tub and walk-in shower. Individual sinks for couples to enjoy their own space. The two other bedrooms also come with walk-in closets for added convenience. Indoor laundry adds to the comfort, while crown molding throughout elevates the beauty of this home. Noteworthy features include a beautiful double-sided gas fireplace shared by the dining room and living room, a shiny chandelier in the dining room, stainless steel appliances in the kitchen, and a perfect island for accommodating bar stools. Step outside to beautiful paving in the front, enhancing its charm. The front porch is delightful, with a patio covering and fan, creating an ideal outdoor spot. The property also includes a spacious garage and sits on half an acre of land, providing ample space for storage or equipment. Moreover, there is potential for an additional ADU to generate extra income, opening doors to multiple opportunities. This property is move-in ready and conveniently located with easy freeway access on Decker Street.

Condition Rating
Excellent
Built in 2015, this property is only 9 years old, fitting perfectly within the 'built within 10 years' criteria for an excellent rating. The listing describes it as 'stunning' and 'move-in ready,' with modern features like stainless steel kitchen appliances, a functional island, crown molding throughout, and a double-sided gas fireplace. The images confirm a very clean, well-maintained interior with contemporary finishes, including dark wood kitchen cabinets, clean countertops, and modern light fixtures. The primary bathroom boasts desirable features like a large tub, walk-in shower, and individual sinks. All components appear virtually new with no visible deferred maintenance, indicating high quality and current standards.
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 = 22216, living area = 1768.
Expansive Lot with ADU Potential: The generous half-acre corner lot (22,216 sqft) provides ample space, privacy, and significant potential for an Accessory Dwelling Unit (ADU), offering future income generation or expanded living options.
Modern & High-End Interior Features: The home boasts an open floor plan, crown molding, a double-sided gas fireplace, stainless steel kitchen appliances, a functional island, and a decorative chandelier, creating a contemporary and appealing living space.
Luxurious Primary Suite & Ample Storage: The primary bedroom is designed for privacy and includes a spacious walk-in closet, an additional side closet, a large tub, walk-in shower, and dual sinks. All three bedrooms feature walk-in closets, providing exceptional storage.
Enhanced Outdoor Living & Curb Appeal: Features attractive front paving, a delightful front porch with a patio covering and fan, and a spacious garage, contributing to strong curb appeal and comfortable outdoor enjoyment.
Newer Construction & Move-in Ready: Built in 2015, this relatively new home is described as 'move-in ready,' minimizing immediate maintenance concerns for new owners and offering easy freeway access.

Cons

Manufactured Home Classification: Despite being on a permanent foundation, its status as a manufactured home may influence buyer perception, financing options, and potential resale value compared to traditional stick-built homes.
Overpriced Listing: The current list price of $725,000 is approximately 10% higher than the estimated property value of $646,230.75, potentially leading to a longer market time or requiring a price adjustment.
Limited Developed Outdoor Amenities: While the lot is large, the description highlights only front paving and a porch, suggesting the extensive half-acre land may lack developed landscaping or specific backyard features, potentially requiring significant investment for full utilization.

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