31082 Murphy Lane, Menifee, California 92584, Menifee, 92584 - 3 bed, 2 bath
ACTIVE$630,000
31082 Murphy Lane, Menifee, California 92584
3Beds
2Baths
1,697Sqft
43,560Lot
Price Vs. Estimate
The estimated value ($561,140.475) is $68,859.525 (10%) lower than the list price ($630,000). 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 = 43560, living area = 1697.
Top Cons:
Valuation Discrepancy: The current listing price of $630,000 is notably higher than the automated property estimation of $561,140.475, which may indicate an aggressive pricing strategy or potential overvaluation.
Compared to the nearby listings
Price:$630.0K vs avg $630.0K (+$0)50%
Size:1,697 sqft vs avg 2,258.5 sqft17%
Price/sqft:$371 vs avg $28289%
More Insights
Built in 2003 (22 years old).
Condition: This home, built in 2003, presents as move-in ready with significant recent upgrades. The kitchen has been beautifully renovated with sleek quartz countertops, stylish cabinetry, and modern stainless steel appliances, including a grill top stove. Durable luxury vinyl plank (LVP) flooring flows throughout, and critical systems such as the AC/heating (2021) and well (2020) have been recently replaced, along with a new motorized skylight (2020). While the bathrooms are clean and functional, their tiled countertops and fixtures appear to be original or from an older renovation, not matching the modern aesthetic of the kitchen. However, these do not require immediate repair, and the extensive updates to the kitchen, flooring, and major systems firmly place the property in 'Good' condition.
Year Built
2003
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$371
HOA
-
Days on market
-
Sold On
-
MLS number
SW25102174
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
Welcome to 31082 Murphy Ln, a beautifully updated home nestled on a flat, fully usable 1-acre lot in the heart of Menifee. This charming property combines modern upgrades with country style living, offering both comfort and functionality. The kitchen has been recently renovated with sleek quartz countertops, Backsplash, Grill top Stove and stylish cabinetry, providing a bright, contemporary cooking space. Durable luxury vinyl plank (LVP) flooring flows seamlessly throughout the home, adding warmth and elegance. Significant system upgrades have been completed, including a new well in 2020, new AC and heating system in 2021, and a motorized skylight installed in 2020, enhancing both efficiency and natural light. The expansive lot offers endless possibilities. Located just minutes from the Menifees country side market place shopping plaza; home to a wide variety of shopping, dining, and entertainment options. Nestled within a top rated school district, This home won't last long, schedule your tour today!
Condition Rating
Good
This home, built in 2003, presents as move-in ready with significant recent upgrades. The kitchen has been beautifully renovated with sleek quartz countertops, stylish cabinetry, and modern stainless steel appliances, including a grill top stove. Durable luxury vinyl plank (LVP) flooring flows throughout, and critical systems such as the AC/heating (2021) and well (2020) have been recently replaced, along with a new motorized skylight (2020). While the bathrooms are clean and functional, their tiled countertops and fixtures appear to be original or from an older renovation, not matching the modern aesthetic of the kitchen. However, these do not require immediate repair, and the extensive updates to the kitchen, flooring, and major systems firmly place the property in 'Good' condition.
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 = 43560, living area = 1697.
Extensive Recent System Upgrades: The property boasts significant recent system upgrades including a new well (2020), new AC and heating system (2021), and a motorized skylight (2020), ensuring modern efficiency and comfort.
Modernized Interior Finishes: The home features a recently renovated kitchen with sleek quartz countertops, backsplash, and a grill top stove, complemented by durable luxury vinyl plank (LVP) flooring throughout, offering a contemporary and elegant living space.
Expansive and Usable Lot: Situated on a flat, fully usable 1-acre lot, the property provides ample space for various outdoor possibilities, appealing to those seeking country-style living and potential for expansion or amenities.
Desirable Location: The home is conveniently located just minutes from Menifee's countryside marketplace shopping plaza, offering diverse shopping, dining, and entertainment options, and is nestled within a top-rated school district.
Scenic Views: The property offers pleasant mountain and neighborhood views, enhancing the aesthetic appeal and overall living experience.
Cons
Valuation Discrepancy: The current listing price of $630,000 is notably higher than the automated property estimation of $561,140.475, which may indicate an aggressive pricing strategy or potential overvaluation.
Modest Interior Square Footage for Lot Size: With 1697 sqft of living space on a 1-acre lot, the interior size might be considered modest by some buyers looking for a larger home to fully complement the expansive land.
Limited Existing Outdoor Development: While the 1-acre lot offers 'endless possibilities,' the description does not detail existing developed outdoor amenities (e.g., extensive landscaping, pool, outbuildings), suggesting a buyer may need to invest further to fully utilize the space.