24909 Madison Ave 2823, Murrieta, California 92562, Murrieta, 92562 - 1 bed, 1 bath
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Murrieta, California 92562
This Turnkey Condominium is a Strong Value Opportunity, listed at $328,000—positioned well above the $296,433 Fair Market Value by 10%. While priced at a premium, the property features an Excellent Condition Rating with modern light oak LVP flooring, granite countertops, and a rare detached single-car garage. Located in the Murrieta Valley High School district, this home offers a lifestyle of convenience with access to a pool, spa, and fitness center. This is an ideal acquisition for first-time buyers or downsizing professionals seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24909 Madison Ave 2823 Subject | $328,000* List Price | 1 | 1 | 854 | $349 | - |
A 24909 Madison 2412 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.0 mi |
B 24909 Madison 3113 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.1 mi |
C 41410 Juniper 3014 Sold | $375,000 | 2 | 2 | 1,159 | $324 | 0.2 mi |
D 41410 Juniper Sold | $385,000 | 2 | 2 | 1,159 | $332 | 0.1 mi |
E 41410 Juniper 412 Sold | $394,000 | 2 | 2 | 1,159 | $340 | 0.1 mi |
F 41410 Juniper St 2-23 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.2 mi |
G 24909 Madison Avenue 824 Sold | $380,000 | 2 | 2 | 1,159 | $328 | 0.1 mi |
H 41410 Juniper Street 2723 Sold | $386,000 | 2 | 2 | 1,159 | $333 | 0.2 mi |
I 24909 Madison Avenue 3513 Active | $299,999 List Price | 1 | 1 | 854 | $351 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2002, the property has undergone a recent high-quality renovation including new light oak LVP flooring, granite countertops, and brand new stainless steel appliances. The interior is in mint, turnkey condition with modern finishes and no visible maintenance needs.
The unit is in move-in ready condition featuring recent updates such as light oak luxury vinyl plank flooring, sleek black granite countertops, and brand-new stainless steel appliances.
This property includes a detached single-car garage, a rare and highly desirable commodity in the complex, complemented by an indoor laundry room and a large walk-in pantry.
The condo is FHA and VA approved, making it accessible to a wider range of buyers, and is perfectly situated near the 15 freeway, shopping, and Old Town Murrieta.
With only one bedroom and one bathroom, the property appeals to a narrower demographic and lacks the flexibility for a home office or guest room.
The $317 monthly association fee adds a significant recurring cost to the ownership, which may impact the overall affordability for entry-level buyers.
FHA and VA Approved! Situated in the gated development of Madison Park Villas, you'll find this beautiful, modern, truly turnkey, upper-level condo! This unit has a single car GARAGE, a commodity not all owners have within the development! Light, bright, and airy, this recently updated unit has light oak LVP flooring, modern neutral paint and newly painted kitchen cabinets, new sleek black granite countertops in the kitchen with stainless steel appliances including a brand new range and built-in microwave. The open concept living area feels clean and welcoming with a fireplace and access to the balcony. Convenience is key with an indoor laundry room in-unit just off the kitchen, one large walk-in pantry and a storage closet near the bedroom. This home boasts an oversized bathroom with a walk-in shower and large vanity area for your spa retreat! The primary bedroom feels like a peaceful and calming reprieve from the day with plantation shutters, a large walk-in closet, and a beautiful pine tree adorning your view outside. Madison Park Villas is situated in one of West Murrieta's best locations for shopping, easy access to the 15 FWY for commuters, dining, healthcare, and Murrieta's Old Town. The association amenities offer a swimming pool, spa, and fitness center! Condos this clean and nice are hard to come by so make time to see this beauty before it's gone!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 3.0 |
| Square foot | 854 | 1,436 |
| Lot Size | 436 | 1,850.5 |
| Price | $328.0K | $477.9K |
| Price per sq ft | $384 | $337 |
| Built year | 2002 | 2005 |
| HOA | $317.0 | $325 |
| Days on market | 50 | 69 |
Jun 2, 2026
$328,000
Initial Listing
Apr 20, 2022
$333,000
Public Record
Sep 7, 2016
$155,000
Public Record
Feb 28, 2014
$143,000
Public Record
Dec 18, 2008
$101,000
Public Record
Feb 1, 2005
$230,000
Public Record
Apr 4, 2003
$153,500
Public Record