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31370 Manlio Court, Menifee, California 92584, Menifee, 92584 - 5 bed, 4 bath

31370 Manlio Court, Menifee, California 92584 home-pic-0
ACTIVE$765,000
31370 Manlio Court, Menifee, California 92584
5Beds
4Baths
3,438Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($765,000) is $0 (0%) lower than the list price ($765,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Remodel with Warranty: The property is currently undergoing a full remodel to offer a brand-new feel and modern design, with all work backed by a transferable 5-year warranty for buyer peace of mind.
Top Cons:
Delayed Occupancy: As the property is 'CURRENTLY BEING REMODELED,' immediate move-in is not possible, requiring buyers to wait for completion of the renovation.

Compared to the nearby listings

Price:$765.0K vs avg $630.0K (+$135,000)85%
Size:3,438 sqft vs avg 2,263 sqft93%
Price/sqft:$223 vs avg $2828%

More Insights

Built in 2017 (8 years old).
Condition: The property was built in 2017, making it a relatively new construction. Furthermore, the listing explicitly states it is 'CURRENTLY BEING REMODELED' with a 'brand new kitchen to be complete in the next few weeks' and will have a 'fresh look and design as a brand new home.' All remodeled work comes with a 5-year transferable warranty. This indicates that the property, especially the kitchen and bathrooms (which are described with modern features like tile showers and soaking tubs), will be in virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
2017
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$223
HOA
$55
Days on market
-
Sold On
-
MLS number
PW25157217
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Large Lot! Cul-de-sac. This immaculate home in an established neighborhood, offers 4 bedrooms plus an office that can be used as a 5th bedroom. 3 car tandem attached garage. CURRENTLY BEING REMODELED. Be the first one to enjoy the fresh look and design as a brand new home but with a lower tax rate than a new build. All remodeled work has a 5 year warranty that can be transferred to the buyer. Walking distance to award winning Paloma Valley High School. This home has it all. Large outdoor porch perfect for entertaining and room to build a large pool. Gas pipe installed and ready for a built-in BBQ. Enjoy unblocked mountain view. The main floor offers tile floors, open concept and brand new kitchen to be complete in the next few weeks for you to be the first one to use! Plenty of light, bright layout. A versatile room on the first floor serves perfectly as a DEN or office. Upstairs, the expansive master suite boasts a tile shower, soaking tub, dual vanities, and a vast walk-in closet. The sizable JUNIOR SUITE includes a private FULL bathroom and two additional bedrooms share a Jack and Jill bathroom, each with walk-in closets. Centrally located with easy access to schools, shopping, and freeways, this home is a definite must-see!

Nearby schools

6/10
Herk Bouris Elementary
Public,•K-5•2.0mi
6/10
Menifee Valley Middle School
Public,•6-8•0.7mi
2/10
Pinacate Middle School
Public,•7-8•7.2mi
7/10
Paloma Valley High School
Public,•9-12•0.6mi
Condition Rating
Excellent
The property was built in 2017, making it a relatively new construction. Furthermore, the listing explicitly states it is 'CURRENTLY BEING REMODELED' with a 'brand new kitchen to be complete in the next few weeks' and will have a 'fresh look and design as a brand new home.' All remodeled work comes with a 5-year transferable warranty. This indicates that the property, especially the kitchen and bathrooms (which are described with modern features like tile showers and soaking tubs), will be in virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Remodel with Warranty: The property is currently undergoing a full remodel to offer a brand-new feel and modern design, with all work backed by a transferable 5-year warranty for buyer peace of mind.
Favorable Tax Rate: This home benefits from a lower tax rate compared to a new construction, presenting a significant financial advantage for the buyer.
Spacious & Versatile Layout: Featuring 4 bedrooms plus a flexible office/5th bedroom, a junior suite with a private full bathroom, and a Jack and Jill bathroom for two additional bedrooms, the layout is highly adaptable for various family needs.
Desirable Lot & Outdoor Potential: Situated on a large cul-de-sac lot, the property boasts an expansive outdoor porch, unblocked mountain views, a pre-installed gas line for a built-in BBQ, and ample space to build a large pool.
Prime Location & School Proximity: Centrally located with easy access to shopping, freeways, and within walking distance to the award-winning Paloma Valley High School, enhancing its appeal for families.

Cons

Delayed Occupancy: As the property is 'CURRENTLY BEING REMODELED,' immediate move-in is not possible, requiring buyers to wait for completion of the renovation.
Recurring Association Fee: There is an additional monthly association fee of $55.0, which adds to the ongoing costs of homeownership.
Unspecified Cooling System: While built in 2017, the description does not explicitly mention the presence or type of cooling system, which could be a point of inquiry for buyers in a warm climate.

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