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31009 Lusitano Circle, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath

31009 Lusitano Circle, Menifee, California 92584 home-pic-0
ACTIVE$615,000
31009 Lusitano Circle, Menifee, California 92584
3Beds
3Baths
2,339Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($615,000) is $0 (0%) lower than the list price ($615,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction: Built in 2019, this home is only 5 years old, offering modern design, updated systems, and reduced immediate maintenance concerns.
Top Cons:
Recent Price Reduction: The property has seen a price reduction from its original list price of $650,000 to $615,000, which may suggest a longer market time or initial overpricing.

Compared to the nearby listings

Price:$615.0K vs avg $630.0K ($-15,000)45%
Size:2,339 sqft vs avg 2,263 sqft55%
Price/sqft:$263 vs avg $28235%

More Insights

Built in 2019 (6 years old).
Condition: This home was built in 2019, making it only 5 years old, which aligns perfectly with the 'Excellent' criteria for properties built within 10 years or extensively renovated within 5 years. The images showcase a property that is virtually new, featuring a modern Craftsman style. The kitchen boasts dark shaker cabinets, light granite countertops, stainless steel appliances, and contemporary pendant lighting over a large island. Bathrooms are equally updated with matching modern vanities, granite counters, and stylish fixtures. Throughout the home, there is a mix of modern luxury vinyl plank (LVP) flooring and clean carpeting, complemented by recessed lighting and modern light fixtures. The property also includes energy-efficient solar panels and a Tesla charger, indicating high-quality, current systems with no deferred maintenance.
Year Built
2019
Close
-
List price
$615K
Original List price
$650K
Price/Sqft
$263
HOA
$35
Days on market
-
Sold On
-
MLS number
SB25200662
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Lovely 2 story Craftsman style home - only 5 years old! Corner lot at a cul-de-sac with a large, covered patio and low maintenance turf in the backyard. Lounge in the CA room which is the covered part of the patio, large enough for dining and watching tv. Cozy up by the fire pit on chilly nights! Drought resistant landscaping in front. Front porch is large enough to call it a patio. Three car garage with Tesla charger. Easily fits 3 cars or 2 cars with lots of storage space. This beauty also has solar panels to keep your charging, heating and A/C costs down. Three bedrooms, 3 baths and a loft and a convenient laundry room on the 2nd floor. One bedroom and bath on the 1st floor are great for a family member or guests. Open floorplan is an entertainer's dream. From the front door through the entry the party will flow to the living room, kitchen and dining area. Isn't that where everyone congregates anyway? And the pantry makes stocking your favorite items a breeze!

Condition Rating
Excellent
This home was built in 2019, making it only 5 years old, which aligns perfectly with the 'Excellent' criteria for properties built within 10 years or extensively renovated within 5 years. The images showcase a property that is virtually new, featuring a modern Craftsman style. The kitchen boasts dark shaker cabinets, light granite countertops, stainless steel appliances, and contemporary pendant lighting over a large island. Bathrooms are equally updated with matching modern vanities, granite counters, and stylish fixtures. Throughout the home, there is a mix of modern luxury vinyl plank (LVP) flooring and clean carpeting, complemented by recessed lighting and modern light fixtures. The property also includes energy-efficient solar panels and a Tesla charger, indicating high-quality, current systems with no deferred maintenance.
Pros & Cons

Pros

Newer Construction: Built in 2019, this home is only 5 years old, offering modern design, updated systems, and reduced immediate maintenance concerns.
Energy Efficiency & Cost Savings: Equipped with solar panels, the property significantly reduces utility costs for heating, cooling, and includes a Tesla charger for electric vehicle owners.
Enhanced Outdoor Living: Features a large covered patio (CA room) with space for dining and TV, a fire pit, low-maintenance turf, and drought-resistant front landscaping, ideal for entertaining and relaxation.
Versatile & Functional Layout: The open floorplan is an entertainer's dream, complemented by a convenient first-floor bedroom and bath for guests or family, a second-floor laundry room, and a versatile loft space.
Premium Garage & EV Ready: A spacious three-car garage provides ample parking and storage, further enhanced by the inclusion of a Tesla charger, catering to modern automotive needs.

Cons

Recent Price Reduction: The property has seen a price reduction from its original list price of $650,000 to $615,000, which may suggest a longer market time or initial overpricing.
Limited View: The property offers a 'Neighborhood' view, indicating a lack of premium scenic vistas (e.g., ocean, mountains) that could significantly enhance its market value.
Ongoing Association Fee: While modest at $35.00 per month, the presence of an association fee represents an additional, recurring cost for homeowners.

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