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29167 Moraga Street, Menifee, California 92584, Menifee, 92584 - 5 bed, 4 bath

29167 Moraga Street, Menifee, California 92584 home-pic-0
ACTIVE$730,000
29167 Moraga Street, Menifee, California 92584
5Beds
4Baths
2,683Sqft
6,970Lot
Year Built
2019
Close
-
List price
$730K
Original List price
$730K
Price/Sqft
$272
HOA
-
Days on market
-
Sold On
-
MLS number
OC25105828
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $730.0K(79th), sqft - 2683(70th), beds - 5(79th), baths - 4(87th).

Welcome to this beautifully upgraded home featuring a spacious open floor plan and luxury vinyl flooring throughout. The modern kitchen boasts an oversized island, ample cabinet space, and is perfect for both everyday living and entertaining. This home includes two primary bedrooms, offering flexible living arrangements. Sliding doors have been added to both primary suites for added convenience and access. Enjoy the benefit of one fully paid-off solar unit and one leased unit for energy efficiency. The primary bathroom features a newly added window for natural light. Step outside to a private patio and relax in the jacuzzi, ideal for unwinding or entertaining guests.

Condition Rating
Excellent
This property was built in 2019, making it only 5 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The listing description highlights a 'beautifully upgraded home' with a 'spacious open floor plan' and 'luxury vinyl flooring throughout.' The modern kitchen features an oversized island, ample white shaker cabinets, granite countertops, and stainless steel appliances that appear virtually new. Bathrooms are also modern with white vanities, clean showers (one with a large tiled walk-in), and contemporary fixtures. All visible components, including light fixtures, flooring, and overall finishes, meet current quality standards with no signs of deferred maintenance or physical depreciation. The inclusion of a paid-off solar unit further enhances its modern appeal and efficiency.
Pros & Cons

Pros

Modern Build: Built in 2019, this home offers contemporary design and construction standards, minimizing immediate maintenance concerns.
Upgraded & Modern Interiors: Features a spacious open floor plan, luxury vinyl flooring, and a modern kitchen with an oversized island and ample cabinet space, appealing to contemporary tastes.
Flexible Living Arrangements: The inclusion of two primary bedrooms with added sliding doors provides versatile living options, ideal for multi-generational families or guest accommodations.
Energy Efficiency: Enhanced energy efficiency with one fully paid-off solar unit, contributing to lower utility costs and environmental benefits.
Private Outdoor Amenities: A private patio with a jacuzzi offers an excellent space for relaxation and entertaining guests.

Cons

Valuation Discrepancy: The current listing price of $730,000 is notably higher than the estimated property value of $631,460.02, which may impact market competitiveness.
Ongoing Solar Lease: While one solar unit is paid off, the presence of a leased unit implies ongoing monthly payments or a lease transfer obligation for the buyer.
Lack of Views: The property does not offer any notable scenic views, which could be a consideration for buyers prioritizing such amenities.

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