28839 Carmel Road, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

28839 Carmel Road, Menifee, California 92586 home-pic-0
ACTIVE UNDER CONTRACT$315,000$1,098/sqft
Est. Value: $259,016
-17%
AboveEstimate
28839 Carmel Road, Menifee, California 92586
2Beds
2Baths
1,098Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($259,015.97) is $55,984.03 (17%) lower than the list price ($315,000). This property may be overpriced.

Key pros and cons

Top Pros:
55+ Community Appeal: Located within the established Sun City 55+ community, offering a targeted lifestyle and amenities designed for active seniors.
Top Cons:
Unpermitted Addition Risk: The 'unpermitted fully enclosed patio room' poses potential legal, permitting, and insurance challenges, which could complicate ownership and future resale.

Compared to the nearby listings

Price:$315.0K vs avg $405.0K ($-90,000)12%
Size:1,098 sqft vs avg 1,404 sqft22%
Price/sqft:$287 vs avg $28750%

More Insights

Built in 1964 (62 years old).
Condition: Built in 1964, this property shows significant signs of age and outdated features throughout. The kitchen features original-style light wood cabinets, dated tile countertops, and older appliances, requiring a full renovation. Both bathrooms also exhibit very dated fixtures, tile, and finishes. The flooring, while consistent, is an older tile style. The presence of an 'unpermitted fully enclosed patio room' is a significant concern that could require substantial rehabilitation or removal to address potential legal and structural issues. Overall, the property requires substantial repairs and rehabilitation to meet current quality standards.
Year Built
1964
Close
-
List price
$315K
Original List price
$315K
Price/Sqft
$287
HOA
$410
Days on market
-
Sold On
-
MLS number
SW26000090
Home ConditionPoor
Features
Spa
Patio
View-

About this home

Quaint two bedroom, two bath home in the 55+ community of Sun City. This entry is into the living room. The master bedroom features an ensuite bathroom. There is an additional guest bath next to the guest room. The kitchen is located off of the living area. There is an unpermitted fully enclosed patio room that provides additional living space. The laundry room is off of the enclosed patio.

D
Denise Dirks
Listing Agent

Nearby schools

7/10
Ridgemoor Elementary School
Public,K-51.1mi
3/10
Freedom Crest Elementary School
Public,K-52.5mi
5/10
Hans Christensen Middle School
Public,6-81.5mi
6/10
Menifee Valley Middle School
Public,6-83.2mi
4/10
Ethan A Chase Middle School
Public,6-83.3mi
2/10
Pinacate Middle School
Public,7-84.8mi
7/10
Paloma Valley High School
Public,9-122.6mi
4/10
Heritage High School
Public,9-124.5mi
Condition Rating
Poor

Built in 1964, this property shows significant signs of age and outdated features throughout. The kitchen features original-style light wood cabinets, dated tile countertops, and older appliances, requiring a full renovation. Both bathrooms also exhibit very dated fixtures, tile, and finishes. The flooring, while consistent, is an older tile style. The presence of an 'unpermitted fully enclosed patio room' is a significant concern that could require substantial rehabilitation or removal to address potential legal and structural issues. Overall, the property requires substantial repairs and rehabilitation to meet current quality standards.
Pros & Cons

Pros

55+ Community Appeal: Located within the established Sun City 55+ community, offering a targeted lifestyle and amenities designed for active seniors.
Functional Layout: A practical 2-bedroom, 2-bathroom floor plan, including an ensuite master, provides a comfortable and efficient living arrangement.
Additional Enclosed Living Space: The fully enclosed patio room offers valuable extra square footage, enhancing the home's usability for various purposes.
Dedicated Laundry Room: The presence of a separate laundry room off the enclosed patio adds convenience and functionality to the home.
Accessible Price Point: The list price of $315,000 presents an attractive entry-level opportunity for a single-family residence in the Menifee area.

Cons

Unpermitted Addition Risk: The 'unpermitted fully enclosed patio room' poses potential legal, permitting, and insurance challenges, which could complicate ownership and future resale.
Property Age & Potential Updates: Built in 1964, the home is 60 years old, suggesting a high likelihood of outdated systems, finishes, and the need for significant renovations or repairs.
High Monthly Association Fee: A substantial $410 monthly association fee could be a significant financial burden and a deterrent for potential buyers, especially those on fixed incomes.
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