29543 Laredo, Menifee, California 92584, Menifee, 92584 - 4 bed, 2 bath

29543 Laredo, Menifee, California 92584 home-pic-0
ACTIVE$675,000$2,304/sqft
Est. Value: $656,690
-2%
FairlyEstimate
29543 Laredo, Menifee, California 92584
4Beds
2Baths
2,304Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($656,689.665) is $18,310.335 (2%) lower than the list price ($675,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Upgrades: Built in 2021, this home features contemporary design and is extensively upgraded with plantation shutters, vinyl plank flooring, granite countertops, a large granite island, and a tankless water heater.
Top Cons:
Leased Solar System: While beneficial for cost savings, the solar energy system is leased, meaning the buyer will incur ongoing lease payments rather than owning the system outright.

Compared to the nearby listings

Price:$675.0K vs avg $624.9K (+$50,100)66%
Size:2,304 sqft vs avg 2,300 sqft50%
Price/sqft:$293 vs avg $27861%

More Insights

Built in 2021 (5 years old).
Condition: Built in 2021, this property is virtually new. The kitchen features modern dark cabinetry, granite countertops, a large island, and stainless steel appliances. Bathrooms are updated with granite vanities and subway tile surrounds. The home boasts vinyl plank flooring throughout, plantation shutters, and a tankless water heater, indicating all components are new and meet current quality standards with no visible depreciation.
Year Built
2021
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$293
HOA
$130
Days on market
-
Sold On
-
MLS number
SW26012458
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

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!

S
Sharon Kean
Listing Agent

Price History

Date
Event
Price
05/13/22
Sold
$660,000
04/27/21
Sold
$480,500
11/08/19
Sold
$5,250,500
Condition Rating
Excellent

Built in 2021, this property is virtually new. The kitchen features modern dark cabinetry, granite countertops, a large island, and stainless steel appliances. Bathrooms are updated with granite vanities and subway tile surrounds. The home boasts vinyl plank flooring throughout, plantation shutters, and a tankless water heater, indicating all components are new and meet current quality standards with no visible depreciation.
Pros & Cons

Pros

New Construction & Modern Upgrades: Built in 2021, this home features contemporary design and is extensively upgraded with plantation shutters, vinyl plank flooring, granite countertops, a large granite island, and a tankless water heater.
Desirable Community Amenities: Located in the highly sought-after Audie Murphy Ranch, residents have access to numerous amenities including pools, spas, hiking trails, and outdoor exercise equipment.
Energy Efficiency: The property benefits from a leased solar energy system, designed to help keep utility costs down for the homeowner.
Optimal Layout & Lot Position: Situated on a corner lot, the home boasts an open layout that seamlessly connects the spacious living area and kitchen, perfect for entertaining, complemented by generously sized rooms.
Outdoor Living Space: A covered patio provides a dedicated outdoor area for relaxation and entertainment, enhancing the home's livability.

Cons

Leased Solar System: While beneficial for cost savings, the solar energy system is leased, meaning the buyer will incur ongoing lease payments rather than owning the system outright.
Association Fees: The property is subject to an association fee of $130.0, which adds to the monthly housing expenses.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant consideration in the warm Menifee climate.
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