RealKey
‪(213) 433-7766‬

22695 Margarth Street, Perris, California 92570, Perris, 92570 - 4 bed, 2 bath

22695 Margarth Street, Perris, California 92570 home-pic-0
ACTIVE$899,000
22695 Margarth Street, Perris, California 92570
4Beds
2Baths
2,223Sqft
189,486Lot

Price Vs. Estimate

The estimated value ($940,581.99) is $41,581.99 (4%) higher than the list price ($899,000). This property may be underpriced.

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 = 189486, living area = 2223.
Top Cons:
High Maintenance for Large Lot: The extensive 4.35-acre property, while offering space, demands considerable ongoing maintenance and landscaping efforts, which can be a significant commitment for homeowners.

Compared to the nearby listings

Price:$899.0K vs avg $613.7K (+$285,334)85%
Size:2,223 sqft vs avg 2,224 sqft50%
Price/sqft:$404 vs avg $30184%

More Insights

Built in 2009 (16 years old).
Condition: The property was built in 2009, placing it within the 10-20 year age range for a 'Good' score. The description notes it has been 'tastefully remodeled over the years' with 'custom tile floors' and 'upgraded counters in the kitchen and bathrooms,' which is consistent with a well-maintained home that has seen some updates but not a full recent renovation. The images confirm a clean, move-in ready condition. The kitchen features painted cabinets, what appear to be granite or similar upgraded countertops, and stainless steel appliances, all in good working order. The bathrooms also show upgraded counters and extensive, well-maintained tile work. While the style of the tile and some fixtures might be considered traditional rather than ultra-modern, they are in excellent condition with no visible wear or damage. The presence of a solar system further enhances its appeal. No immediate repairs or significant updates are required.
Year Built
2009
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
SW25257031
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to Perris in the Good Hope area. This wonderful 4.35 Acre property awaits. Perched on a hill, it offers superb 360 degree views of the local mountain range. Located near the HWY 74 corridor, the location is ideal for anyone looking for a good Ranch property that is centrally located. Current zoning is Rural Residential (Animals are ok). A private entry awaits. Large color stamped concrete driveway will accommodate large trucks with trailers. The home has been tastefully remodeled over the years, and it has a great pride of homeownership. Custom tile floors, upgraded counters in the kitchen and bathrooms. Featuring 4 spacious bedrooms, 2 bathrooms, spacious kitchen and a large family room. The exterior features horse stalls, large parking area, and a detached 4 car garage. This is a corner lot. Custom electronic gate entry awaits. Zoning in this area is flexible for the development of a second unit (please check with Riverside County Planning Department) This are is experiencing lots of growth!! Save on your energy bill with the solar system the home offers. Come by and take a look, you will not be disappointed!

Price History

Date
Event
Price
10/14/04
Sold
$425,000
Condition Rating
Good
The property was built in 2009, placing it within the 10-20 year age range for a 'Good' score. The description notes it has been 'tastefully remodeled over the years' with 'custom tile floors' and 'upgraded counters in the kitchen and bathrooms,' which is consistent with a well-maintained home that has seen some updates but not a full recent renovation. The images confirm a clean, move-in ready condition. The kitchen features painted cabinets, what appear to be granite or similar upgraded countertops, and stainless steel appliances, all in good working order. The bathrooms also show upgraded counters and extensive, well-maintained tile work. While the style of the tile and some fixtures might be considered traditional rather than ultra-modern, they are in excellent condition with no visible wear or damage. The presence of a solar system further enhances its appeal. No immediate repairs or significant updates are required.
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 = 189486, living area = 2223.
Expansive & Scenic Acreage: A generous 4.35-acre lot situated on a hill, providing superb 360-degree panoramic mountain views, offering privacy and natural beauty.
Versatile Zoning & ADU Potential: Rural Residential zoning allows for animals, complemented by flexible zoning for potential development of a second unit, offering significant versatility and future value.
Equestrian & Automotive Infrastructure: Equipped with dedicated horse stalls and a substantial detached 4-car garage, catering to specific lifestyle and storage needs for hobbyists or animal enthusiasts.
Modernized Interior & Energy Efficiency: The home features tastefully remodeled interiors with custom tile floors and upgraded counters, alongside an energy-saving solar system for reduced utility costs.
Privacy & Accessibility: Benefits from a private electronic gate entry and a large, accommodating stamped concrete driveway, ensuring both security and ample parking for multiple vehicles and trailers.

Cons

High Maintenance for Large Lot: The extensive 4.35-acre property, while offering space, demands considerable ongoing maintenance and landscaping efforts, which can be a significant commitment for homeowners.
Rural Location & Amenity Access: Situated in a rural area of Perris, which might entail longer travel times to diverse urban amenities, services, and major employment hubs for some prospective buyers.
Unspecified HVAC System: While a solar system is present, the description lacks explicit details regarding the property's heating and cooling systems, which could be a point of inquiry or concern for buyer comfort in varying climates.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state