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23634 Underwood Circle, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

23634 Underwood Circle, Murrieta, California 92562 home-pic-0
ACTIVE$625,000
23634 Underwood Circle, Murrieta, California 92562
3Beds
2Baths
1,428Sqft
12,632Lot
Year Built
1995
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
SW25146309
Home ConditionExcellent
Features
Good View: None
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,6 Pros. Rank: price - $625.0K(30th), sqft - 1428(9th), beds - 3(45th), baths - 2(29th).

Come see this beautifully updated 3-bedroom, 2-bath single-story home with paid-off solar in a quiet, central Murrieta neighborhood. Enjoy an open floor plan with vaulted ceilings, a double-sided fireplace, and a remodeled kitchen with quartz counters and newer appliances. Both bathrooms are fully updated, and the home features modern lighting, ceiling fans, and newly paint throughout. Relax in the private backyard with a covered patio, misters, and no rear neighbors—just a peaceful greenbelt view. There’s plenty of space for a pool, plus a custom storage shed, oversized garage, and gated RV parking. No HOA and low taxes make this home a must-see *Short Sale/ Subject to approval by the mortagee and lender*

Nearby schools

7/10
Tovashal Elementary School
Public,•K-5•0.7mi
6/10
E. Hale Curran Elementary School
Public,•K-5•0.9mi
4/10
Ronald Reagan Elementary School
Public,•K-6•1.8mi
7/10
Antelope Hills Elementary School
Public,•K-5•2.0mi
6/10
Avaxat Elementary School
Public,•K-5•2.0mi
8/10
Rail Ranch Elementary School
Public,•K-5•2.5mi
5/10
Donald Graham Elementary School
Public,•K-6•2.7mi
7/10
Shivela Middle School
Public,•6-8•1.6mi
6/10
Thompson Middle School
Public,•6-8•2.1mi
3/10
David A. Brown Middle School
Public,•6-8•3.3mi
8/10
Murrieta Valley High School
Public,•9-12•1.9mi
8/10
Murrieta Mesa High School
Public,•9-12•2.1mi
5/10
Elsinore High School
Public,•9-12•4.3mi
Condition Rating
Excellent
Despite being built in 1995, this home has undergone extensive and recent renovations that bring it to an 'excellent' condition. The description highlights a 'beautifully updated' interior, a 'remodeled kitchen with quartz counters and newer appliances,' and 'fully updated bathrooms.' Images confirm a modern kitchen with white shaker cabinets, stainless steel appliances, and contemporary tile flooring. The home also features modern lighting, ceiling fans, new paint throughout, and a significant upgrade with paid-off solar. These comprehensive updates suggest the property's components are virtually new and meet current quality standards, aligning with the criteria for an excellent rating.
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 = 12632, living area = 1428.
Extensively Updated Interior: The home features a beautifully remodeled kitchen with quartz counters and newer appliances, fully updated bathrooms, modern lighting, ceiling fans, and new paint throughout, offering a move-in ready experience.
Paid-Off Solar System: The property benefits from a paid-off solar system, providing significant long-term energy cost savings and enhanced environmental efficiency.
Exceptional Outdoor Amenities & Privacy: The private backyard boasts a covered patio with misters, a peaceful greenbelt view with no rear neighbors, ample space for a future pool, a custom storage shed, an oversized garage, and gated RV parking.
Favorable Financial Structure: The absence of HOA fees and the presence of low property taxes contribute to lower monthly ownership costs, making it an attractive financial proposition.
Desirable Location & School District: Situated in a quiet, central Murrieta neighborhood, the property offers access to highly-rated schools, enhancing its appeal to families.

Cons

Short Sale Status: The property is a short sale, which means the sale is subject to approval by the mortgagee and lender, potentially leading to a longer and more complex closing process.
Significant Overpricing: The current list price of $625,000 is substantially higher than the estimated property value of $374,360.51, indicating a potential valuation mismatch and aggressive pricing strategy.
Smaller Square Footage for Price Point: At 1428 sqft, the interior living space is relatively modest compared to some recently sold comparable properties in the area, which offered more square footage at similar or lower price points.

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