27283 Chase Road, Menifee, California 92584, Menifee, 92584 - 4 bed, 2 bath

27283 Chase Road, Menifee, California 92584 home-pic-0
ACTIVE$590,000$1,804/sqft
Est. Value: $587,459
%
FairlyEstimate
27283 Chase Road, Menifee, California 92584
4Beds
2Baths
1,804Sqft
4,792Lot

Price Vs. Estimate

The estimated value ($587,459.235) is $2,540.765 (0%) lower than the list price ($590,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2021, this home offers contemporary design, an open-concept layout, and is in move-in ready condition, minimizing immediate maintenance or renovation needs.
Top Cons:
Standard Lot Size: The lot size of 4,792 sq ft is relatively standard and may not appeal to buyers seeking extensive outdoor space for gardening, recreation, or privacy.

Compared to the nearby listings

Price:$590.0K vs avg $621.2K ($-31,200)37%
Size:1,804 sqft vs avg 2,292 sqft24%
Price/sqft:$327 vs avg $27877%

More Insights

Built in 2021 (5 years old).
Condition: This property was built in 2021, making it virtually new. The kitchen features modern dark cabinetry, granite countertops, and stainless steel appliances, all in excellent condition. Bathrooms also boast modern vanities and fixtures. The overall condition, including flooring, lighting, and general finishes, is consistent with a recently built home, showing no signs of wear or deferred maintenance.
Year Built
2021
Close
-
List price
$590K
Original List price
$590K
Price/Sqft
$327
HOA
$108
Days on market
-
Sold On
-
MLS number
IG26003869
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Beautiful 2021-built 4-bedroom, 3-bath home offering 1,804 sq ft of modern living in a desirable Menifee community. Open-concept layout with a spacious kitchen, ample cabinetry, and seamless flow to dining and living areas. Convenient main-floor bedroom and full bath, upstairs laundry, and a generous primary suite with walk-in closet. Enjoy a large backyard patio, paid-off solar, and a 2-car garage. Low HOA with access to pool, spa, playground, BBQ, and picnic areas. Close to schools, shopping, and parks. Move-in ready!

J
Jazmin Contreras
Listing Agent

Price History

Date
Event
Price
08/02/23
Sold
$590,000
03/22/21
Sold
$431,000
Condition Rating
Excellent

This property was built in 2021, making it virtually new. The kitchen features modern dark cabinetry, granite countertops, and stainless steel appliances, all in excellent condition. Bathrooms also boast modern vanities and fixtures. The overall condition, including flooring, lighting, and general finishes, is consistent with a recently built home, showing no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, this home offers contemporary design, an open-concept layout, and is in move-in ready condition, minimizing immediate maintenance or renovation needs.
Energy Efficiency & Cost Savings: The property includes paid-off solar panels, providing significant long-term savings on electricity bills and contributing to environmental sustainability.
Community Amenities & Lifestyle: A low HOA fee grants access to desirable community amenities such as a pool, spa, playground, BBQ, and picnic areas, enhancing the resident's lifestyle and recreational options.
Functional & Family-Friendly Layout: Features a convenient main-floor bedroom and full bath, upstairs laundry, and a generous primary suite with a walk-in closet, catering to diverse family needs and convenience.
Convenient Location: Strategically located close to schools, shopping centers, and parks, offering excellent accessibility and convenience for daily errands and family activities.

Cons

Standard Lot Size: The lot size of 4,792 sq ft is relatively standard and may not appeal to buyers seeking extensive outdoor space for gardening, recreation, or privacy.
Recurring HOA Fees: Despite being low at $108/month, the presence of an HOA fee represents a recurring monthly expense that some buyers prefer to avoid, adding to the overall cost of homeownership.
Lack of Premium Finishes Highlighted: While modern, the description does not explicitly mention high-end or unique finishes (e.g., specific countertop materials, smart home technology, premium appliances) that might differentiate it from other new constructions in the market.
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