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24809 Melrose Drive, Menifee, California 92585, Menifee, 92585 - 4 bed, 3 bath

24809 Melrose Drive, Menifee, California 92585 home-pic-0
ACTIVE$545,000
24809 Melrose Drive, Menifee, California 92585
4Beds
3Baths
2,385Sqft
7,405Lot
Year Built
2008
Close
-
List price
$545K
Original List price
$575K
Price/Sqft
$229
HOA
$53
Days on market
-
Sold On
-
MLS number
SW24243831
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $545.0K(21th), sqft - 2385(62th), beds - 4(50th), baths - 3(50th).

Great newer 4 bedroom home, 2 baths in the city of Menifee. One of the fastest growing cities in Southern California. THIS HOME IS NOT IN A SENIOR COMMUNITY. IT'S LOCATED at the Pacific Rose community, a fast growing FAMILY AREA. Take advantage of this price improved price. It's very close to the 215fwy and not too far from the Perris Metrolink station. The kitchen features a granite counter-top, a large breakfast bar, recessed lighting, stainless-steel appliances, and lots of cabinet space. An upstairs family/master room with closet and its own full bathroom with walk-in closet. The backyard offers easy-care rock landscaping with concrete slab for patio and block-wall/vinyl fencing. Solar is already in place. Don't miss this opportunity to own in the best part of town. Built in 2008!!! The home has SOLAR (great energy savings).

Condition Rating
Good
Built in 2008, this home is well-maintained and move-in ready. The kitchen features granite countertops, stainless steel appliances, and recessed lighting, while bathrooms have matching granite and light wood cabinetry. Flooring is a mix of tile and carpet, all appearing clean. While the overall style reflects its 2008 build and isn't extensively renovated to modern 'excellent' standards, all major systems are functional, and there are no immediate renovation needs. The presence of solar panels is a significant plus for energy efficiency.
Pros & Cons

Pros

Growing Community & Family-Friendly Area: Located in Menifee, one of Southern California's fastest-growing cities, specifically in the Pacific Rose community, which is highlighted as a fast-growing family area, indicating strong community development and appeal for families.
Energy Efficiency (Solar): The property is equipped with solar panels, promising great energy savings and reduced utility costs for the homeowner.
Modern & Well-Appointed Kitchen: The kitchen features desirable upgrades including granite countertops, a large breakfast bar, recessed lighting, stainless-steel appliances, and ample cabinet space, offering a functional and attractive cooking area.
Newer Construction: Built in 2008, the home is relatively newer, suggesting modern building standards and potentially fewer immediate maintenance concerns compared to older properties.
Convenient Commuter Location: The property boasts excellent accessibility, being very close to the 215 freeway and not far from the Perris Metrolink station, ideal for commuters.

Cons

Significant Overpricing Relative to Market Estimate: The current listing price of $545,000 is substantially higher than the estimated property value of $427,831.14, with an estimation ratio of -21, suggesting it may be overpriced compared to similar properties in the market.
Basic Backyard Landscaping: The backyard features 'easy-care rock landscaping with concrete slab,' which, while low maintenance, may lack the aesthetic appeal or green space desired by some buyers for recreation or gardening.
Unspecified Cooling System: While solar panels are mentioned for energy savings, the property description does not explicitly state the presence of a central air conditioning system, which is a significant consideration for comfort in Southern California's climate.

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