27932 Via Cholula, Menifee, California 92585, Menifee, 92585 - 4 bed, 2 bath
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Menifee, California 92585
This Modern Single-Level Residence is a Strong Value Opportunity, listed at $529,000—positioned well below the $569,676 Fair Market Value by 7%. This valuation gap offers $40,676 in Instant Equity for buyers willing to manage a short sale and minor cosmetic TLC. Built in 2021, the home features a Quartz Kitchen, Stainless Steel Appliances, and 24 Solar Panels on an expansive 8,712 sq. ft. Pool-Sized Lot. Located in the Perris Union High District, it balances modern efficiency with significant appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27932 Via Cholula Subject | $529,000* List Price | 4 | 2 | 1,776 | $298 | - |
A 27956 Via Cholula Sold | $570,000 | 3 | 2 | 1,855 | $307 | 0.0 mi |
B 28184 Echo Court Sold | $595,000 | 3 | 2 | 2,091 | $285 | 0.5 mi |
C 28314 Levi Sold | $640,000 | 4 | 2 | 2,045 | $313 | 0.4 mi |
D 27878 Calle Talavera Sold | $530,000 | 3 | 2 | 1,389 | $382 | 0.2 mi |
E 28265 Abbey Sold | $650,000 | 4 | 2 | 2,045 | $318 | 0.3 mi |
F 26691 Calle Celia Pending | $599,900 List Price | 4 | 2 | 1,855 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a nearly new construction built in 2021, featuring modern architectural styles and high-quality finishes. The kitchen is updated with quartz countertops, a functional island, and stainless steel appliances, while the living areas feature contemporary large-format tile flooring. Despite the mention of minor TLC needed, the home's age, modern systems, and premium features like 24 solar panels align with the highest quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1776.
Built in 2021/2022, this home offers modern building standards, contemporary aesthetics, and updated systems, reducing the immediate need for major structural replacements.
The property includes 24 solar panels, providing a significant value-add that helps offset California utility costs and appeals to eco-conscious buyers.
Being a short sale, the purchase is subject to lender approval, which often involves a more complex and lengthy closing process compared to standard equity sales.
The listing notes the home needs 'TLC' and is being sold 'as-is,' indicating that the buyer will likely face immediate out-of-pocket expenses for repairs or cleaning.
The current list price is nearly $84,000 lower than its 2022 sale price of $613,000, reflecting a distressed situation that may impact future appraisal stability.
FANTASTIC SHORT SALE OPPORTUNITY!!! All it needs is a little patience and some TLC. Single level home built in 2022, featuring 4 bedrooms plus den (currently used as a bedroom), 2 baths, and a large pool sized lot, located in a cul-de-sac. Kitchen features island and quartz countertops, with stainless steel appliances. Tile flooring throughout main living spaces, with carpet in bedrooms. Home needs a fresh coat of interior paint, new flooring, and a plan for the backyard. It has a blank canvas for you to create your dream backyard! There are 24 solar panels are included with this home. 10 panels are being financed and buyer to assume the loan. Property to be sold as-is. Short sale package has already been submitted to the lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,776 | 2,176 | 29% |
| Lot Size | 8,712 | 7,002 | 78% |
| Price | $529.0K | $580.0K | 21% |
| Price per sq ft | $298 | $274 | 69% |
| Built year | 2021 | 2008 | 77% |
| HOA | $62.0 | $76 | 30% |
| Days on market | 68 | 196 | 7% |
Feb 13, 2026
$529,000
Initial Listing
Sep 2, 2022
$613,000
Public Record