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 High-Potential Investment Opportunity, listed at $328,000—positioned above the $296,433 Fair Market Value. While priced for its premium condition, the property offers a Mint Condition Rating with modern LVP flooring, granite kitchen, and a rare detached single-car garage. Located in the Murrieta Valley High School district, this unit provides a low-maintenance lifestyle with access to a pool, spa, and fitness center. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary in a prime commuter location.
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 | $347 | - |
A 24909 Madison 2412 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.0 mi |
B 41410 Juniper 3014 Sold | $375,000 | 2 | 2 | 1,159 | $324 | 0.2 mi |
C 24909 Madison 3113 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.1 mi |
D 41410 Juniper Sold | $385,000 | 2 | 2 | 1,159 | $332 | 0.1 mi |
E 41410 Juniper St 2-23 Sold | $395,000 | 2 | 2 | 1,159 | $341 | 0.2 mi |
F 24909 Madison Avenue 824 Sold | $380,000 | 2 | 2 | 1,159 | $328 | 0.1 mi |
G 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.
While built in 2002, the property has undergone a recent comprehensive renovation within the last 5 years. Updates include new LVP flooring, fresh neutral paint, newly painted cabinets, new granite countertops, and brand-new stainless steel appliances, placing it in mint, turnkey condition.
The unit is in move-in-ready condition featuring recent upgrades such as light oak LVP flooring, sleek black granite countertops, and new stainless steel appliances.
This property includes a detached single-car garage, which is a rare and highly desirable asset within the development, complemented by an indoor laundry room and walk-in pantry.
The condo is FHA and VA approved, broadening the buyer pool, and is ideally situated near the 15 freeway, shopping centers, and Murrieta's Old Town.
As a one-bedroom, one-bathroom unit, the property is restricted to a specific demographic, lacking the versatility for families or those needing a secondary guest room.
The monthly association fee of $317 adds a significant fixed expense to the cost of ownership, which may affect the overall affordability for entry-level buyers.
Situated in the gated development of Madison Park Villas, you'll find this beautifully modern, truly turnkey, upper level condo! 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 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 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 as well 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. This home has a detached single car garage, a commodity not all owners have within the development! Madison Park Villas is situated in one of West Murrieta's best locations for shopping, easy access to the 15 FWY for commuters, and Murrieta's Old Town. The association amenities provide 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! FHA and VA APPROVED!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 854 | 1,411 | 2% |
| Lot Size | 436 | - | 55% |
| Price | $328.0K | $475.0K | 2% |
| Price per sq ft | $384 | $340 | 85% |
| Built year | 2002 | 2005 | 19% |
| HOA | $317.0 | $325 | 47% |
| Days on market | 4 | 135 | 4% |
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