24909 Madison 3113, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
24909 Madison 3113
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 24909 Madison 3113, Murrieta, California 92562 is currently available with a list price of $394,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is in turnkey, fully remodeled condition. It features a modern kitchen with quartz countertops, stainless steel appliances, and updated cabinetry. The bathrooms have been upgraded with quartz vanities and modern fixtures. With contemporary hard-surface flooring throughout and a fresh aesthetic, the home meets current quality standards following its recent extensive renovation, despite the 2002 build year.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodeled Condition
This fully remodeled, move-in-ready condo features modern upgrades including quartz countertops and high ceilings, offering immediate value for first-time homebuyers.
- Highly Accessible Layout
As a single-level, downstairs end unit, the property provides excellent accessibility and enhanced privacy compared to interior or multi-story units.
- Superior Parking Options
The inclusion of an oversized one-car garage plus an additional covered parking space is a significant advantage in a condominium setting where parking is often limited.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1159, other record lot size in square feet = 435.
- Potential for Overhead Noise
Being a downstairs unit, the property is susceptible to noise transfer from neighbors living on the floor above, which may impact quiet enjoyment.
- Recurring HOA Expenses
The $317 monthly association fee represents a significant recurring cost that buyers must factor into their long-term affordability and monthly budget.
About 24909 Madison 3113
Fully remodeled downstairs-single level end unit condo in the gated community of Madison Park Villas. VA / FHA approved. 2 bedroom/ 2 bath , open floor plan with spacious living room and high ceilings. Primary suite , with en suite primary bath has quartz counter tops and extended vanity. Covered patio off of the living room. Oversized one car garage plus one covered parking. Lots of guest parking in the community. Amenities include clubhouse, pool, spa, sauna, racquetball and a fully equipped gym. Close to schools, shopping and freeway ! Turnkey ! Perfect for first time home buyers!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2002
- Lot Size
- 1,159 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $317.0 / Month
Neighborhood Insights
Murrieta Unified Schools
Murrieta Elementary School
Grades K-5 • 0.6 mi
Thompson Middle School
Grades 6-8 • 1.6 mi
Murrieta Valley High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,159 | 1,235 | 23% |
| Lot Size | 1,159 | - | 77% |
| Price | $395.0K | $462.5K | 23% |
| Price per sq ft | $341 | $340 | 52% |
| Built year | 2002 | 2005 | 16% |
| HOA | $317.0 | $335 | 45% |
| Days on market | 9 | 161 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$394,999
Initial Listing
Price Change
Feb 26, 2026
$3,949,999
Initial Listing
Sold
Nov 2, 2023
$402,000
Public Record
Sold
Sep 24, 2012
$94,000
Public Record
Sold
Dec 19, 2002
$175,000
Public Record