28664 Lavatera Avenue, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath

28664 Lavatera Avenue, Murrieta, California 92563 home-pic-0
ACTIVE$695,000
28664 Lavatera Avenue, Murrieta, California 92563
4Beds
3Baths
2,905Sqft
9,147Lot

Price Vs. Estimate

The estimated value ($666,137.485) is $28,862.515 (4%) lower than the list price ($695,000). This property may be overpriced.

Key pros and cons

Top Pros:
No HOA & Recent Price Adjustment: The absence of HOA fees combined with a significant price reduction from the original list price offers strong value and affordability for potential buyers.
Top Cons:
Multiple Price Reductions: The property has undergone several price adjustments, potentially indicating initial overpricing or a longer market presence, which could raise buyer questions about its true value or perceived issues.

Compared to the nearby listings

Price:$695.0K vs avg $700.0K ($-5,000)49%
Size:2,905 sqft vs avg 2,587.5 sqft67%
Price/sqft:$239 vs avg $28423%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old, placing it at the edge of the 'Good' category. However, the listing explicitly states 'freshly painted' and 'updated kitchen,' which is evident in the images. The kitchen features modern white shaker-style cabinets, clean white countertops, and a full suite of stainless steel appliances, making it highly functional and aesthetically pleasing. While the tile flooring in the kitchen and bathrooms is clean and well-maintained, its style is not the most current trend. The bathrooms appear clean and functional with standard fixtures and shower enclosures, but do not show signs of a recent high-end renovation. Carpets throughout the bedrooms and other living areas appear clean and in good condition. Overall, the home is move-in ready with key updates in the kitchen and fresh paint, indicating good maintenance and minimal wear, aligning well with the 'Good' condition criteria.
Year Built
2004
Close
-
List price
$695K
Original List price
$760K
Price/Sqft
$239
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2504219
Home ConditionGood
Features
Patio
View-

About this home

Priced to sell with no HOA! This stunning home is a first-time listing, freshly painted, and features an updated kitchen. It’s perfect for families, offering a spacious layout, an incredible backyard, and a quiet, safe neighborhood with friendly neighbors. All bedrooms are upstairs and include large walk-in closets with shelves. The washer and dryer are also conveniently located upstairs, along with space that could serve as a fifth bedroom, an exercise room, or an office. The location is ideal for outdoor enthusiasts, with nearby hiking and biking trails. You’ll also find plenty of great restaurants, Costco, Target, Home Depot, and a hospital just a short drive. The oversized backyard is truly impressive. Whether you’re looking for a family home or an excellent rental investment, this property has it all!

Nearby schools

7/10
Oak Meadows Elementary School
Public,K-50.3mi
7/10
Bell Mountain Middle School
Public,6-83.3mi
2/10
Pinacate Middle School
Public,7-810.4mi
7/10
Paloma Valley High School
Public,9-123.1mi
Condition Rating
Good

Built in 2004, this property is 20 years old, placing it at the edge of the 'Good' category. However, the listing explicitly states 'freshly painted' and 'updated kitchen,' which is evident in the images. The kitchen features modern white shaker-style cabinets, clean white countertops, and a full suite of stainless steel appliances, making it highly functional and aesthetically pleasing. While the tile flooring in the kitchen and bathrooms is clean and well-maintained, its style is not the most current trend. The bathrooms appear clean and functional with standard fixtures and shower enclosures, but do not show signs of a recent high-end renovation. Carpets throughout the bedrooms and other living areas appear clean and in good condition. Overall, the home is move-in ready with key updates in the kitchen and fresh paint, indicating good maintenance and minimal wear, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

No HOA & Recent Price Adjustment: The absence of HOA fees combined with a significant price reduction from the original list price offers strong value and affordability for potential buyers.
Updated & Turnkey Condition: Freshly painted and featuring an updated kitchen, the home is move-in ready, minimizing immediate renovation costs for new owners.
Spacious & Functional Family Layout: A generous 2905 sqft layout includes all bedrooms upstairs with large walk-in closets, plus a flexible bonus space suitable for a 5th bedroom, office, or gym, catering well to family needs.
Prime Location with Amenities & Recreation: Situated in a quiet, safe neighborhood, the property offers convenient access to major retail (Costco, Target, Home Depot), dining, a hospital, and outdoor activities like hiking and biking trails.
Impressive Oversized Backyard: The property boasts an 'incredible' and 'oversized' backyard, providing ample space for outdoor living, entertainment, and potential landscaping enhancements.

Cons

Multiple Price Reductions: The property has undergone several price adjustments, potentially indicating initial overpricing or a longer market presence, which could raise buyer questions about its true value or perceived issues.
All Bedrooms on Upper Level: While preferred by some families, having all bedrooms exclusively upstairs may not suit all buyer preferences, particularly those seeking a downstairs master suite or guest room for accessibility.
Lack of Specific Cooling System Mentioned: The property description does not explicitly mention a cooling system (e.g., central air conditioning), which is a significant amenity in Murrieta's climate and could be a drawback for potential buyers.

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