29461 El Presidio, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
ACTIVE$574,950$2,152/sqft
Est. Value: $547,407
-4%
AboveEstimate
29461 El Presidio, Menifee, California 92584
3Beds
3Baths
2,152Sqft
4,356Lot
Price Vs. Estimate
The estimated value ($547,407.445) is $27,542.555 (4%) lower than the list price ($574,950). This property may be overpriced.
Key pros and cons
Top Pros:
No HOA Fees: A significant financial advantage, as the property is free from recurring Homeowners Association fees, offering cost savings and greater autonomy for the homeowner.
Top Cons:
Limited Outdoor Space: The lot size of 4356 sqft (approximately 0.1 acre) is relatively small for a single-family residence, which may limit outdoor living options or appeal to buyers desiring larger yards.
Compared to the nearby listings
Price:$575.0K vs avg $621.2K ($-46,250)29%
Size:2,152 sqft vs avg 2,292 sqft44%
Price/sqft:$267 vs avg $27843%
More Insights
Built in 2005 (21 years old).
Condition: This home, built in 2005, is 19 years old, placing it within the 'Good' category's age range. The property is described as 'well-maintained' and 'move-in ready,' which is supported by the images showing clean interiors and fresh paint. Recent updates include modern laminate wood flooring throughout most of the house and a refreshed primary bathroom with a new shower enclosure and painted vanity. While the kitchen features original white appliances and basic tile flooring and countertops, which are functional but dated, the overall condition is clean and requires no immediate renovations. Major systems, though approaching the end of their typical lifespan due to the build year, appear to be functional and well-maintained.
Year Built
2005
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
HD26008684
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
This well-maintained two-story home, built in 2005, is located in a desirable and quiet residential neighborhood. The property offers a functional layout with spacious living areas, ample natural light, and a welcoming atmosphere throughout. Pride of ownership is evident, making this home move-in ready for its next owner. Conveniently located near schools, shopping, and local amenities, this home is ideal for comfortable everyday living. The home features three bedrooms plus a versatile bonus room on the main level, ideal for a home office, guest space, or playroom. No HOA fees!!! Let's not leave out the high ceilings, and a custom brick fireplace that adds warmth and character to the main living area. Offering a functional layout with spacious living areas and abundant natural light.
L
Lucia Ayala
Listing Agent
Price History
Date
Event
Price
03/16/23
Sold
$535,000
07/13/16
Sold
$325,000
10/16/12
Sold
$205,000
05/08/09
Sold
$163,500
12/22/05
Sold
$366,500
Condition Rating
Good
This home, built in 2005, is 19 years old, placing it within the 'Good' category's age range. The property is described as 'well-maintained' and 'move-in ready,' which is supported by the images showing clean interiors and fresh paint. Recent updates include modern laminate wood flooring throughout most of the house and a refreshed primary bathroom with a new shower enclosure and painted vanity. While the kitchen features original white appliances and basic tile flooring and countertops, which are functional but dated, the overall condition is clean and requires no immediate renovations. Major systems, though approaching the end of their typical lifespan due to the build year, appear to be functional and well-maintained.
Pros & Cons
Pros
No HOA Fees: A significant financial advantage, as the property is free from recurring Homeowners Association fees, offering cost savings and greater autonomy for the homeowner.
Move-in Ready Condition: The home is described as 'well-maintained' with 'pride of ownership evident,' indicating it's in excellent condition and ready for immediate occupancy without major immediate repairs or renovations.
Versatile Bonus Room: Includes a flexible bonus room on the main level, ideal for a home office, guest space, or playroom, adding significant functional value and adaptability for various lifestyle needs.
Desirable Location & Amenities: Situated in a 'desirable and quiet residential neighborhood' with convenient access to schools, shopping, and local amenities, enhancing daily living convenience.
Modern Design & Features: Built in 2005, the home boasts contemporary elements such as high ceilings, ample natural light, and a custom brick fireplace, contributing to a welcoming and aesthetically pleasing environment.
Cons
Limited Outdoor Space: The lot size of 4356 sqft (approximately 0.1 acre) is relatively small for a single-family residence, which may limit outdoor living options or appeal to buyers desiring larger yards.
Potential for Aging Systems: Built in 2005, major systems such as HVAC, water heater, and roofing may be approaching or have exceeded their typical lifespan, potentially requiring future replacement or significant maintenance costs.
Lack of Specific Modern Updates: While well-maintained, the description does not highlight recent upgrades to key areas like kitchen appliances, bathroom finishes, or flooring, which modern buyers might expect and could incur additional personalization costs.