
Menifee, California 92585
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $559,000—positioned well below the $564,484 Fair Market Value by 0.97%. This valuation gap offers $5,484 in Instant Equity. Featuring a Fair Condition Rating, the home includes a rare Assumable VA Loan at 3.24% and Solar Efficiency. While the interior offers room for cosmetic updates, the 3-Car Garage and No HOA status provide significant long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, energy-efficient property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26589 Trumble Subject | $547,000* List Price | 3 | 3 | 1,974 | $283 | - |
A 26874 Matrix Court Sold | $565,000 | 3 | 2 | 1,585 | $356 | 0.3 mi |
B 27166 White Ct Sold | $560,000 | 4 | 3 | 2,409 | $232 | 0.1 mi |
C 27150 Tran Court Sold | $555,000 | 3 | 2 | 1,585 | $350 | 0.1 mi |
D 26592 Hull Sold | $505,000 | 3 | 2 | 1,715 | $294 | 1.0 mi |
E 26527 Alta Sold | $515,000 | 4 | 3 | 2,409 | $214 | 0.1 mi |
F 27416 Partridge Court Sold | $530,000 | 3 | 2 | 1,585 | $334 | 0.4 mi |
G 26807 Wilkes Drive Sold | $590,000 | 4 | 2 | 1,954 | $302 | 1.0 mi |
H 26798 Wilkes Dr Sold | $545,000 | 4 | 2 | 1,954 | $279 | 0.9 mi |
I 26329 Troy Active Under Contract | $530,000 List Price | 3 | 2 | 1,715 | $309 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without a significant renovation. While the home is well-kept and features updated stainless steel appliances and solar, the kitchen and bathrooms retain original oak cabinetry and white tile countertops that are considered dated by current market standards. The interior finishes and systems are at an age where minor repairs and cosmetic updates are expected.
The property features an assumable VA loan at a highly competitive 3.24% interest rate, offering significant long-term financing savings for eligible buyers in the current market.
The absence of HOA fees combined with an existing solar system provides homeowners with increased financial freedom and reduced monthly utility expenses.
The oversized three-car garage is a premium feature for the area, providing ample space for multiple vehicles, storage, or a dedicated workshop.
The solar system is leased rather than owned, requiring the buyer to qualify for and assume the lease agreement, which may impact debt-to-income ratios.
Marketed as a 'blank canvas,' the backyard currently lacks landscaping, necessitating additional immediate capital investment from the buyer to create a functional outdoor living space.
RARE OPPORTUNITY! ASSUMABLE 3.24% LOAN • NO HOA • 3-CAR GARAGE • MOTIVATED SELLER Discover Menifee’s best value! Lock in an incredible 3.24% assumable loan and enjoy massive monthly savings. With a motivated seller and no HOA, this home is a rare, savvy find. Step inside to an open-concept layout boasting soaring vaulted ceilings, abundant natural light, and a cozy two-sided fireplace. The spacious kitchen features ample cabinetry and a breakfast nook, while the oversized primary suite offers a private en-suite retreat. Two additional bedrooms provide great flexibility for guests or a home office. Practical perks include an indoor laundry room, solar system (lease assumption required), and a coveted 3-car garage for your vehicles and hobbies. Outside, the generous lot is a blank canvas ready for your dream pool, garden, or oasis. Conveniently close to parks, schools, shopping, and dining, this property perfectly pairs financial value with comfort. Schedule your private showing today before it’s gone! Notice: Property is equipped with audio/video surveillance. By entering, all visitors consent to being recorded.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,974 | 2,007 |
| Lot Size | 7,405 | 7,405 |
| Price | $547.0K | $585.6K |
| Price per sq ft | $277 | $286 |
| Built year | 2002 | 2005 |
| HOA | $0 | $93 |
| Days on market | 75 | 60 |
Jul 1, 2026
$547,000
$557,000
-2% Price Drop
Initial Listing
Jun 19, 2026
$557,000
$559,000
+0% Price Increase
Initial Listing
May 8, 2026
$559,000
Initial Listing
Jul 22, 2020
$370,000
Public Record
Feb 28, 2003
$216,000
Public Record