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28885 Hope Drive, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

28885 Hope Drive, Menifee, California 92586 home-pic-0
ACTIVE$350,000
28885 Hope Drive, Menifee, California 92586
2Beds
2Baths
1,348Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($328,039.97) is $21,960.03 (6%) lower than the list price ($350,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Senior Community: Located in a sought-after Senior Community in the core of Menifee, offering a clubhouse, Olympic-sized pool, and various activities, catering to a specific lifestyle.
Top Cons:
Dated Interior Finishes: The interior features carpet in most rooms and is described as needing 'a little fresh paint and possibly flooring,' indicating cosmetic updates are necessary to modernize the home.

Compared to the nearby listings

Price:$350.0K vs avg $402.4K ($-52,450)27%
Size:1,348 sqft vs avg 1,393 sqft46%
Price/sqft:$260 vs avg $29226%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this home features significantly outdated interior finishes, particularly in the kitchen and bathrooms. The kitchen has original-style wood cabinets, tiled countertops, and older white appliances. Bathrooms show dated tiled showers (green/white tile) and older vanities. While major systems like the AC (1 year old) and roof (5 years old) are updated and in excellent condition, the cosmetic state of the interior, including worn carpets and dated fixtures, requires substantial renovation to meet modern standards, as hinted by the listing's suggestion of needing 'fresh paint and possibly flooring'.
Year Built
1963
Close
-
List price
$350K
Original List price
$390K
Price/Sqft
$260
HOA
$40
Days on market
-
Sold On
-
MLS number
SW25184478
Home ConditionFair
Features
Patio
View-

About this home

This is a very sought after Senior Community in the Core of Menifee. A 2Bd/2Bth Del Web Built Home with an Association Fee of $40/month and Low Taxes. This home offers entry from both the front of the home, entry into the kitchen from the garage and the back enclosed Patio. It is painted in a neutral color, carpet in every room but the kitchen and bathrooms. The Kitchen is located off the Great Room. It has a eating area and a counter where you could also have your morning coffee. The Main Dining area is off the Kitchen. This home has ample Cabinets throughout. The 2nd Bedroom has a large closet, the Primary Bedroom has 2 large closets. Ceiling Fans in every room which keep the house cool without using the A/C, which is only a year old. There is a built in Shed in back which could be used as a Work Shop with power and over-head lighting. A newer Roof has been put on. Drought tolerant Landscaping so little care is needed to maintain. The Roof was replaced about 5 years ago and is in excellent condition. Located close to the 215 Freeway, Shopping and Restaurants. The Club House is close by and has an Olympic size pool. There are several activities going on at the Club House throughout the year. This Home is worth viewing! A little fresh paint and possibly flooring would make this Home the Home of your Dreams. Possible RV Parking. Seller will consider All Offers.

Nearby schools

7/10
Ridgemoor Elementary School
Public,•K-5•1.3mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.3mi
5/10
Hans Christensen Middle School
Public,•6-8•1.4mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.1mi
6/10
Menifee Valley Middle School
Public,•6-8•3.2mi
2/10
Pinacate Middle School
Public,•7-8•5.0mi
7/10
Paloma Valley High School
Public,•9-12•2.5mi
4/10
Heritage High School
Public,•9-12•4.4mi
Condition Rating
Fair
Built in 1963, this home features significantly outdated interior finishes, particularly in the kitchen and bathrooms. The kitchen has original-style wood cabinets, tiled countertops, and older white appliances. Bathrooms show dated tiled showers (green/white tile) and older vanities. While major systems like the AC (1 year old) and roof (5 years old) are updated and in excellent condition, the cosmetic state of the interior, including worn carpets and dated fixtures, requires substantial renovation to meet modern standards, as hinted by the listing's suggestion of needing 'fresh paint and possibly flooring'.
Pros & Cons

Pros

Desirable Senior Community: Located in a sought-after Senior Community in the core of Menifee, offering a clubhouse, Olympic-sized pool, and various activities, catering to a specific lifestyle.
Low Operating Costs: Benefits from a very low monthly Association Fee of $40 and low property taxes, contributing to more affordable homeownership.
Key System Updates: Major components like the AC unit (only one year old) and the roof (replaced about five years ago and in excellent condition) have been recently updated, reducing immediate capital expenditures for a buyer.
Low Maintenance Exterior & Utility: Features drought-tolerant landscaping for minimal upkeep and includes a built-in shed in the back with power and overhead lighting, suitable for a workshop or extra storage.
Convenient Location: Strategically located close to the 215 Freeway, shopping centers, and restaurants, providing easy access to amenities and transportation.

Cons

Dated Interior Finishes: The interior features carpet in most rooms and is described as needing 'a little fresh paint and possibly flooring,' indicating cosmetic updates are necessary to modernize the home.
Age of Property: Built in 1963, the home is over 60 years old, which may suggest potential for older infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades despite recent AC and roof replacements.
Limited Buyer Pool: Being exclusively within a Senior Community restricts the potential buyer demographic, which could lead to a longer market time compared to properties with broader appeal.

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