24909 Madison Avenue 824, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
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Murrieta, California 92562
This Turnkey Modern Condominium is a Strong Value Opportunity, listed at $389,000—positioned below the $394,999 Fair Market Value by 1%. This valuation provides $5,999 in Instant Equity. Boasting an Excellent Condition Rating, the home features quartz countertops, luxury vinyl plank flooring, and a private deck. Located within the top-rated Murrieta Valley High School district, this move-in ready residence offers a seamless lifestyle near local amenities. It is a perfect match for first-time buyers or Owner-Occupants seeking a polished, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24909 Madison Avenue 824 Subject | $384,900* List Price | 2 | 2 | 1,159 | $341 | - |
A 24909 Madison Sold | $449,999 | 3 | 2 | 1,232 | $365 | 0.0 mi |
B 41410 Juniper Sold | $385,000 | 2 | 2 | 1,159 | $332 | 0.2 mi |
C 24909 Madison Ave Unit 614 Sold | $430,000 | 3 | 2 | 1,232 | $349 | 0.0 mi |
D 41410 Juniper Street 2723 Sold | $386,000 | 2 | 2 | 1,159 | $333 | 0.2 mi |
E 24909 Madison Avenue 2013 Sold | $400,000 | 3 | 2 | 1,232 | $325 | 0.1 mi |
F 41410 Juniper Street 121 Sold | $366,000 | 3 | 2 | 1,235 | $296 | 0.1 mi |
G 24909 Madison Active | $432,000 List Price | 2 | 2 | 1,232 | $351 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has been extensively renovated within the last year, meeting the criteria for excellent condition. The interior features brand-new stainless steel appliances, modern quartz countertops, updated shaker-style cabinetry, and a combination of new luxury vinyl plank flooring and fresh carpet. With new paint and updated fixtures throughout, the home is in turnkey condition with no deferred maintenance.
The property has been recently refreshed with new appliances, fresh paint, modern countertops, and upgraded flooring, offering a move-in ready experience for the buyer.
Centrally located in Murrieta, the condo provides excellent proximity to top-rated schools, diverse shopping, dining, and convenient freeway access for commuters.
The 1,159 sq. ft. open layout features a spacious primary suite with a walk-in closet and a seamless flow between the kitchen and living areas, ideal for entertaining.
The monthly association fee of $377 adds a significant recurring expense to the cost of ownership, which may impact the budget of some buyers.
The listing indicates no specific view from the unit, which could be a disadvantage compared to other properties in the region that offer mountain or city vistas.
Welcome to 24909 Madison Unit 8-24, a beautifully refreshed 2-bedroom, 2-bath condo offering both comfort and convenience in the heart of Murrieta. Recently updated with new appliances, fresh paint, modern countertops, and upgraded flooring, this home is move-in ready and designed for easy living. Inside, the open layout creates a bright and inviting atmosphere. The primary suite features a spacious walk-in closet and private bath, while the second bedroom and full bath provide flexibility for family, guests, or a home office. The kitchen flows seamlessly into the living and dining areas, making it easy to cook, entertain, or simply relax at home. Set within a quiet, well-kept community, residents enjoy a peaceful setting while being just minutes from shopping, dining, schools, and convenient freeway access. Whether you're looking for your first home, a downsize, or a smart investment, this condo checks all the boxes.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,159 | 1,428 | 16% |
| Lot Size | - | 0.01 | 49% |
| Price | $384.9K | $475.0K | 8% |
| Price per sq ft | $332 | $340 | 38% |
| Built year | 2003 | 2005 | 30% |
| HOA | $377.0 | $355 | 73% |
| Days on market | 51 | 153 | 5% |
Apr 1, 2026
$384,900
$389,000
-1% Price Drop
Initial Listing
Mar 18, 2026
$389,000
$394,999
-2% Price Drop
Initial Listing
Mar 2, 2026
$394,999
Initial Listing
Oct 2, 2003
$187,500
Public Record