29179 Escalante Rd, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath
ACTIVE$575,000
29179 Escalante Rd, Menifee, California 92587
3Beds
2Baths
1,617Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($548,262.77) is $26,737.23 (4%) lower than the list price ($575,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 1617.
Top Cons:
Leased Solar System: While beneficial for energy costs, the solar system is leased, which can sometimes be a point of negotiation or concern for buyers regarding lease terms, transferability, or preference for owned systems.
Compared to the nearby listings
Price:$575.0K vs avg $665.0K ($-90,000)24%
Size:1,617 sqft vs avg 2,071 sqft28%
Price/sqft:$356 vs avg $34954%
More Insights
Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old and falls within the 10-20 year range for a 'Good' rating. The listing describes it as a 'beautiful upgraded turnkey home' that is 'immaculate' and 'freshly painted and updated throughout.' The images confirm a very clean and well-maintained interior with hardwood flooring in living areas and bedrooms, recessed lighting, and ceiling fans. The kitchen, while functional and clean, features white appliances and traditional wood cabinets that are somewhat dated in style, not reflecting a recent extensive renovation to modern standards. Similarly, the bathrooms are clean and functional but have basic vanities and fixtures that are not contemporary. Overall, the home is move-in ready with no immediate renovation required, and its systems appear well-maintained, aligning with the 'Good' condition criteria.
Year Built
2007
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$356
HOA
$100
Days on market
-
Sold On
-
MLS number
SW25252503
Home ConditionGood
Features
Good View: Canyon, Hills, Mountain(s)
Patio
ViewCanyon, Hills, Mountain(s)
About this home
This home qualifies for a $20,000 grant which can be used for down payment and/or closing costs! Beautiful upgraded turnkey home. LOW TAXES and HOA. VIEWS! NO REAR NEIGHBORS! This immaculate single-story 3 bed 2 bath home has 1617 sq. ft of living space & 7405 sq. ft lot in desirable Canyon Heights Community. Includes LEASED SOLAR. Inside you will find an open floor plan, freshly painted and updated throughout offering style and value. Step outside, take in the breathtaking views and enjoy your spacious back-yard perfect for entertaining, relaxing and dining. The garage offers a clean epoxy floor with numerous cabinets and a gym. Do not miss out on this charming house located near shopping, dining and entertainment, stop by and make this house your home!
Nearby schools
7/10
Quail Valley Elementary School
Public,•K-5•0.4mi
5/10
Hans Christensen Middle School
Public,•6-8•4.3mi
2/10
Pinacate Middle School
Public,•7-8•4.7mi
7/10
Paloma Valley High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
01/12/24
Sold
$530,000
05/27/10
Sold
$158,000
05/23/07
Sold
$361,500
Condition Rating
Good
Built in 2007, this property is 17 years old and falls within the 10-20 year range for a 'Good' rating. The listing describes it as a 'beautiful upgraded turnkey home' that is 'immaculate' and 'freshly painted and updated throughout.' The images confirm a very clean and well-maintained interior with hardwood flooring in living areas and bedrooms, recessed lighting, and ceiling fans. The kitchen, while functional and clean, features white appliances and traditional wood cabinets that are somewhat dated in style, not reflecting a recent extensive renovation to modern standards. Similarly, the bathrooms are clean and functional but have basic vanities and fixtures that are not contemporary. Overall, the home is move-in ready with no immediate renovation required, and its systems appear well-maintained, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
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 = 1617.
Significant Financial Incentive: The property qualifies for a $20,000 grant, which can be applied towards down payment and/or closing costs, offering a substantial financial benefit to potential buyers.
Turnkey & Upgraded Condition: Described as a 'beautiful upgraded turnkey home' with a freshly painted interior and updated throughout, indicating it is move-in ready and well-maintained.
Desirable Location & Views: Located in the 'desirable Canyon Heights Community' with 'VIEWS!' and 'NO REAR NEIGHBORS,' enhancing privacy and aesthetic appeal. It's also near shopping, dining, and entertainment.
Cost-Efficient Ownership: Benefits from 'LOW TAXES and HOA' and includes 'LEASED SOLAR,' which contributes to reduced monthly utility and ownership expenses.
Functional & Entertaining Spaces: Features an open floor plan, a spacious backyard perfect for entertaining and relaxing, and a garage equipped with an epoxy floor, cabinets, and a gym.
Cons
Leased Solar System: While beneficial for energy costs, the solar system is leased, which can sometimes be a point of negotiation or concern for buyers regarding lease terms, transferability, or preference for owned systems.
Potential Overpricing: The listing price of $575,000 is higher than the estimated property value of $548,262.77 (estimation ratio -4), suggesting it may be priced above current market expectations.
Limited Specific Upgrade Details: Although described as 'upgraded,' the listing lacks specific details on recent major renovations or high-end finishes, which could make it harder to justify the price point against comparable properties.