24909 Madison Avenue, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath
24909 Madison Avenue
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 24909 Madison Avenue, Murrieta, California 92562 is currently available with a list price of $460,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2003, this property is move-in ready and well-maintained. The interior features a contemporary kitchen with updated cabinetry and stainless steel appliances, modern laminate or LVP flooring, and sleek light fixtures. While the property is approximately 21 years old, it shows minimal wear and tear and has undergone sufficient updates to remain functional and stylish without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
Located in the Madison Park Villas, residents have access to a full suite of amenities including a clubhouse, swimming pool, lounge areas, and a fitness center, enhancing the overall lifestyle value.
- Prime Location and Schools
The property is conveniently situated near major freeways, shopping, and dining, and is zoned for highly-rated schools such as Murrieta Valley High School, which boasts an 8/10 rating.
- Turnkey Condition
This move-in-ready condo features a contemporary kitchen with ample cabinetry and a spacious 3-bedroom layout, offering a modern living space without the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- Monthly Association Fees
The $370 monthly HOA fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some perspective buyers.
- Lack of Scenic Views
The listing indicates no specific view from the unit, which may be a drawback for buyers seeking the natural vistas or city lights often found in the Murrieta area.
About 24909 Madison Avenue
Move in Ready! Welcome to this spacious 3 bedroom 2 bathroom condo located in the heart of Murrieta. A well established vibrant community at the Madison Park Villas that offers a blend of comfort and modern living. This spacious layout is designed with sleek fixtures and ample space for a growing family, to enjoy peace and quiet or to even entertain guests.The contemporary kitchen is equipped with plenty of cabinet space and for all of your culinary needs. This condo community offers all the amenities such as a club house, swimming pool, lounge areas and also a workout gym. Located nearby freeways, shopping, restaurants and entertainment. Conveniently located nearby parks, recreational facilities and reputable schools. A perfect combination of convenience and community living that has the opportunity of being yours! Come see for yourself!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $370.0 / Month
Neighborhood Insights
Murrieta Unified Schools
Murrieta Elementary School
Grades K-5 • 0.5 mi
Thompson Middle School
Grades 6-8 • 1.5 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,232 | 1,235 | 45% |
| Lot Size | - | - | 50% |
| Price | $460.0K | $462.5K | 48% |
| Price per sq ft | $373 | $340 | 81% |
| Built year | 2003 | 2005 | 29% |
| HOA | $370.0 | $355 | 84% |
| Days on market | 15 | 161 | 3% |
Pricing History
Listed for Sale
Feb 20, 2026
$460,000
Initial Listing
Sold
Jan 16, 2025
$432,000
Public Record
Sold
Nov 10, 2020
$255,000
Public Record
Sold
Aug 21, 2018
$221,500
Public Record
Sold
Jul 25, 2012
$141,000
Public Record
Sold
Feb 21, 2003
$175,500
Public Record
Sold
Jan 23, 2003
$142,000
Public Record