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27350 Del Monte Lane, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

27350 Del Monte Lane, Menifee, California 92586 home-pic-0
ACTIVE UNDER CONTRACT$340,000
27350 Del Monte Lane, Menifee, California 92586
2Beds
2Baths
977Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($308,921.91) is $31,078.09 (9%) lower than the list price ($340,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensively Upgraded Interior: The home boasts rich hardwood flooring, plush Berber carpeting, fresh paint, and upgraded kitchen and bathrooms, making it a move-in ready gem with evident pride of ownership.
Top Cons:
Age-Restricted Community: Being part of a 55+ community significantly narrows the potential buyer pool, limiting marketability to a specific demographic.

Compared to the nearby listings

Price:$340.0K vs avg $402.4K ($-62,450)21%
Size:977 sqft vs avg 1,393 sqft6%
Price/sqft:$348 vs avg $29281%

More Insights

Built in 1985 (40 years old).
Condition: The property, built in 1985, is well-maintained and move-in ready with fresh paint, hardwood flooring, and Berber carpet. While the description mentions 'upgraded kitchen and bathrooms,' the images reveal that these areas, particularly the kitchen with its dated fluorescent lighting and the bathroom with its older vanity and shower enclosure, show signs of being outdated in style. The upgrades appear to be more cosmetic refreshes or older renovations rather than extensive modernizations, aligning with a home that is aged but maintained through regular upkeep and occasional updates.
Year Built
1985
Close
-
List price
$340K
Original List price
$345K
Price/Sqft
$348
HOA
$108
Days on market
-
Sold On
-
MLS number
SW25142542
Home ConditionFair
Features
Good View: City Lights, Hills
Patio
ViewCity Lights,Hills

About this home

Welcome to 27350 Del Monte Lane in the heart of Menifee! Charming two bedroom and two bathroom home in Hermosa Home 55+ Community. This beautifully upgraded home features rich hardwood flooring, plush Berber carpeting in bedrooms, fresh paint, and upgraded kitchen and bathrooms that blend style and function. Pride of ownership is evident throughout this move-in ready gem. Relax in the well-appointed living area by your cozy fireplace, creating the perfect ambience for quiet evenings at home. The home includes two well-sized bedrooms with direct access to the backyard. The spacious backyard and patio area offer privacy for relaxing or entertaining with no rear neighbors. the attached one-car garage with full laundry and ample storage needs. With low taxes and Annual HOA of $108, this home offers affordability and comfortable living. Conveniently located near freeway, shopping and dining. Back on Market due to no fault of sellers.

Condition Rating
Fair
The property, built in 1985, is well-maintained and move-in ready with fresh paint, hardwood flooring, and Berber carpet. While the description mentions 'upgraded kitchen and bathrooms,' the images reveal that these areas, particularly the kitchen with its dated fluorescent lighting and the bathroom with its older vanity and shower enclosure, show signs of being outdated in style. The upgrades appear to be more cosmetic refreshes or older renovations rather than extensive modernizations, aligning with a home that is aged but maintained through regular upkeep and occasional updates.
Pros & Cons

Pros

Extensively Upgraded Interior: The home boasts rich hardwood flooring, plush Berber carpeting, fresh paint, and upgraded kitchen and bathrooms, making it a move-in ready gem with evident pride of ownership.
Low Cost of Ownership: With remarkably low annual HOA fees of $108 and low taxes, this property offers exceptional affordability for comfortable living.
Private Outdoor Space: The spacious backyard and patio area provide a private retreat for relaxation or entertaining, enhanced by the absence of rear neighbors.
55+ Community Benefits: Located within the Hermosa Home 55+ Community, it caters to a specific demographic seeking a tranquil and age-appropriate living environment.
Convenient Location: The property is conveniently situated near freeways, shopping centers, and dining options, offering easy access to essential amenities.

Cons

Age-Restricted Community: Being part of a 55+ community significantly narrows the potential buyer pool, limiting marketability to a specific demographic.
Compact Living Space: With 977 square feet, the home offers a relatively compact interior, which may not suit buyers desiring more expansive living areas.
Older Construction Year: Built in 1985, while upgraded, the property's age may imply potential for older underlying systems and components that could require future maintenance or updates.

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