27388 Presley Street, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
ACTIVE$380,000$1,705/sqft
Est. Value: $335,145
-11%
AboveEstimate
27388 Presley Street, Menifee, California 92586
2Beds
2Baths
1,705Sqft
417,435,488Lot
Price Vs. Estimate
The estimated value ($335,145.245) is $44,854.755 (11%) lower than the list price ($380,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 417435488, living area = 1705.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =417435488, other record lot size in square feet = 9583.
Compared to the nearby listings
Price:$380.0K vs avg $405.0K ($-25,000)37%
Size:1,705 sqft vs avg 1,404 sqft69%
Price/sqft:$223 vs avg $28714%
More Insights
Built in 1977 (49 years old).
Condition: The home, built in 1977, is well-maintained with recent updates such as laminate flooring, fresh paint, and newer kitchen appliances. However, the kitchen cabinets, countertops, and especially the fluorescent box lighting are dated. Both bathrooms feature older vanities, lighting fixtures, and tile work, with the master bathroom still having carpet in the vanity area, indicating they are functional but significantly outdated. Popcorn ceilings are also present throughout. While move-in ready, these areas would require minor to moderate updates to meet current aesthetic standards.
Year Built
1977
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$223
HOA
$35
Days on market
-
Sold On
-
MLS number
NDP2600422
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to this beautiful, turnkey single-level home nestled in a desirable 55+ community, offering stunning mountain views and true resort-style living. This well-maintained home features two spacious bedrooms, neutral interior paint tones, and attractive laminate hardwood flooring throughout. The inviting family room includes a cozy wood-burning fireplace, perfect for relaxing evenings. Situated on a large corner lot, the home also includes leased solar, adding energy efficiency and long-term savings. Residents enjoy an exceptional array of community amenities, including two adult-only heated pools, a jacuzzi, exercise room, billiard room, lawn bowling, and much more. Ideally located near shopping, hospitals, the post office, and with easy access to the 215 freeway, this home offers the perfect balance of comfort, convenience, and an active adult lifestyle. Come experience the relaxed pace of life that Sun City Menifee has to offer.
M
Mary Simmons-Maloney
Listing Agent
Nearby schools
7/10
Ridgemoor Elementary School
Public,•K-5•2.2mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.9mi
5/10
Hans Christensen Middle School
Public,•6-8•0.8mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.1mi
2/10
Pinacate Middle School
Public,•7-8•3.6mi
6/10
Menifee Valley Middle School
Public,•6-8•4.8mi
4/10
Heritage High School
Public,•9-12•3.5mi
7/10
Paloma Valley High School
Public,•9-12•4.2mi
Price History
Date
Event
Price
09/23/94
Sold
$120,000
12/15/16
Sold
$250,000
10/13/05
Sold
$312,000
Condition Rating
Fair
The home, built in 1977, is well-maintained with recent updates such as laminate flooring, fresh paint, and newer kitchen appliances. However, the kitchen cabinets, countertops, and especially the fluorescent box lighting are dated. Both bathrooms feature older vanities, lighting fixtures, and tile work, with the master bathroom still having carpet in the vanity area, indicating they are functional but significantly outdated. Popcorn ceilings are also present throughout. While move-in ready, these areas would require minor to moderate updates to meet current aesthetic standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 417435488, living area = 1705.
Active 55+ Community & Amenities: The property is nestled in a desirable 55+ community, offering a vibrant, resort-style living experience with an exceptional array of amenities including heated pools, jacuzzi, exercise room, and more.
Turnkey & Well-Maintained: Described as a 'turnkey' single-level home with neutral interior paint and attractive laminate hardwood flooring, indicating it is move-in ready and well-cared for.
Energy Efficiency with Leased Solar: Includes leased solar panels, contributing to energy efficiency and potential long-term savings on utility costs for the homeowner.
Scenic Mountain Views: The home offers 'stunning mountain views,' enhancing its aesthetic appeal and providing a pleasant backdrop for daily living.
Convenient Location: Ideally located near essential services such as shopping, hospitals, the post office, and provides easy access to the 215 freeway, ensuring convenience for residents.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =417435488, other record lot size in square feet = 9583.
Property Age (1977 Build): Built in 1977, the home's age may imply older infrastructure and systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades, despite being well-maintained.
Leased Solar Obligation: While beneficial for savings, the solar system is leased, meaning the buyer will assume a contractual obligation rather than owning the system outright, which may not appeal to all buyers.
Age-Restricted Community: Being part of a 55+ community, while a key feature for its target demographic, inherently limits the potential buyer pool, which could impact future marketability and resale value.