29543 Laredo, Menifee, California 92584, Menifee, 92584 - 4 bed, 2 bath
29543 Laredo
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29543 Laredo, Menifee, California 92584 reveals a Fairly Priced Property with a current list price of $654,000 aligned with the estimated $643,986 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29543 Laredo Subject | $654,000* List Price | 4 | 2 | 2,304 | $280 | - |
A 29536 Stageline Circle Sold | $616,000 | 4 | 3 | 2,067 | $298 | 0.2 mi |
B 29893 Bridlegate Way Sold | $700,000 | 4 | 3 | 2,461 | $284 | 0.5 mi |
C 25491 Mountain Springs Sold | $650,000 | 4 | 2 | 2,255 | $288 | 0.7 mi |
D 24465 Arroyo Dr. Sold | $670,000 | 4 | 3 | 2,610 | $257 | 0.3 mi |
E 25315 Lone Acres Road Sold | $625,000 | 4 | 2 | 2,314 | $270 | 0.9 mi |
F 29391 Santa Ynez Cir Sold | $655,000 | 3 | 2 | 2,270 | $289 | 0.7 mi |
G 29458 Laredo Circle Active | $629,999 List Price | 4 | 3 | 2,428 | $259 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets all current quality standards. The home features modern vinyl plank flooring, premium granite countertops with a large kitchen island, stainless steel appliances, and energy-efficient upgrades including a tankless water heater and plantation shutters. The interior and exterior show no signs of wear or deferred maintenance, reflecting a move-in-ready condition consistent with a recently constructed home.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Upgrades
Built in 2021, this home features contemporary high-end finishes including vinyl plank flooring, plantation shutters, and premium granite countertops throughout.
- Premier Community Amenities
Located in the highly sought-after Audie Murphy Ranch, residents benefit from resort-style amenities such as pools, spas, hiking trails, and outdoor exercise equipment.
- Desirable Corner Lot
The property is situated on a spacious corner lot, providing enhanced curb appeal, additional privacy, and more natural light than standard interior lots.
CONSRISKS & DEFICIENCIES
- Leased Solar System
The solar panels are under a lease agreement rather than being owned, which requires a contract transfer and a recurring monthly obligation for the buyer.
- Recent Price Volatility
The listing has seen multiple price reductions since its initial debut, which may lead buyers to question the property's market positioning or initial valuation.
- Recurring HOA Costs
A monthly association fee of $130 adds to the fixed carrying costs of the property, which may impact the overall affordability for some budget-conscious buyers.
About 29543 Laredo
Welcome to this stunning 4 bed, 2 bath home in the highly sought after community of Audie Murphy Ranch! The home is situated on a corner lot. Designed for both style and function, this beautiful home is upgraded with plantation shutters, vinyl plank flooring, granite counter tops, a large granite island, a tankless water heater, and a covered patio. An open layout brings together the spacious living area and kitchen which is perfect for entertaining friends or relaxing with family. The rooms are generously sized which provides plenty of room for everyone! The solar energy system is leased and helps to keep costs down. Audie Murphy Ranch offers many amenities including pools, spas, hiking, outdoor exercise equipment, and much more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 2,304 | 2,320.5 | 48% |
| Lot Size | 6,970 | 7,405 | 44% |
| Price | $654.0K | $623.7K | 61% |
| Price per sq ft | $284 | $271 | 56% |
| Built year | 2021 | 2007 | 76% |
| HOA | $130.0 | $81 | 67% |
| Days on market | 48 | 178 | 3% |
Pricing History
Listed for Sale
Feb 17, 2026
$654,000
$659,000
-1% Price Drop
Initial Listing
Price Change
Feb 9, 2026
$659,000
$665,000
-1% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$665,000
$675,000
-1% Price Drop
Initial Listing
Price Change
Jan 18, 2026
$675,000
Initial Listing
Sold
May 13, 2022
$660,000
Public Record
Sold
Apr 27, 2021
$480,500
Public Record
Sold
Nov 8, 2019
$5,250,500
Public Record