28376 Murrieta, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
28376 Murrieta
Menifee, California 92586
Property Price
SUMMARY
Analysis of 28376 Murrieta, Menifee, California 92586 reveals a property with a current list price of $465,000, which is 22% above the estimated $378,626 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28376 Murrieta Subject | $465,000* List Price | 2 | 2 | 1,144 | $331 | - |
A 26276 Foxgrove Road Sold | $329,000 | 2 | 2 | 1,142 | $288 | 0.7 mi |
B 25915 Roanoke Sold | $340,000 | 2 | 2 | 1,090 | $312 | 0.2 mi |
C 28671 Portsmouth Drive Sold | $360,000 | 2 | 2 | 1,146 | $314 | 0.5 mi |
D 26210 Falsterbor Drive Sold | $375,000 | 3 | 2 | 1,308 | $287 | 0.2 mi |
E 27657 Charlestown Drive Sold | $329,000 | 2 | 1 | 1,000 | $329 | 0.8 mi |
F 25760 Hartwick Rd Sold | $420,000 | 2 | 2 | 1,410 | $298 | 0.3 mi |
G 25810 Coombe Hill Pending | $345,000 List Price | 2 | 2 | 1,098 | $314 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1965, this property shows signs of regular upkeep and 'pride of ownership' as stated in the description. However, the kitchen features outdated oak cabinets, tile countertops, a dated tile backsplash, and older white appliances, suggesting a renovation 20-30+ years ago. The main bathroom, while functional with a jetted tub and double vanity, also exhibits finishes (tile, countertop, faucets) that appear to be 15-25 years old. Flooring is a mix of older tile and laminate. While clean and functional, the property requires substantial aesthetic updates to meet current market expectations, particularly in the kitchen and bathrooms. Major systems, given the 1965 build year, are likely functional but show signs of being outdated and may be nearing the end of their lifespan, fitting the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7405, living area = 1144.
- Dedicated ADU
The property features a separate Accessory Dwelling Unit (ADU) with its own driveway and entrance, ideal for multi-generational living or potential rental income, especially within a 55+ community.
- 55+ Community Setting
Located within a 55+ community, this property caters to a specific demographic seeking a quiet, age-restricted environment with potentially tailored amenities and a strong sense of community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1144, other record living area = 992.
- High Monthly Association Fee
The $435.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which may deter some buyers.
- Property Age
Built in 1965, the home is older, which could imply aging major systems (e.g., plumbing, electrical, HVAC) and potentially higher future maintenance or renovation expenses.
About 28376 Murrieta
Very rare and beautiful single family residence with an ADU in a 55+ community. Main house features 2 bedrooms, and 1.75 bathrooms with an attached 1 car garage. The ADU is a separate unit with its own driveway and entrance. This is perfect for a 55+ family in need of a unit for mom and dad. The main house has an open floorplan and great use of space. Also has an attached utility room that could be used as an office. Large lot with room for family gatherings. This property shows true pride of ownership and will be perfect for the right family.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 0.9 mi
Freedom Crest Elementary School
Grades K-5 • 3.0 mi
Hans Christensen Middle School
Grades 6-8 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,144 | 1,404 | 23% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $465.0K | $405.0K | 72% |
| Price per sq ft | $406 | $288 | 94% |
| Built year | 1965 | 1976 | 31% |
| HOA | $435.0 | $94 | 68% |
| Days on market | 90 | 171 | 12% |
Pricing History
Listed for Sale
Dec 12, 2025
$465,000
$515,000
-10% Price Drop
Initial Listing
Price Change
Dec 7, 2025
$515,000
Initial Listing
Sold
Aug 13, 2010
$79,500
Public Record
Sold
May 16, 2006
$255,000
Public Record
Sold
Nov 26, 2003
$160,000
Public Record
Sold
Sep 28, 2001
$86,500
Public Record
Sold
Jan 26, 2001
$60,000
Public Record