33567 Magnetite, Menifee, California 92584, Menifee, 92584 - 5 bed, 3 bath
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Menifee, California 92584
This Spacious Turnkey Residence is listed at $649,999, representing a stable acquisition aligned with its $626,857 Fair Market Value. Boasting a Condition Rating of 3, the home features a modernized kitchen, luxury vinyl flooring, and a rare 2.75% assumable loan opportunity. The property serves as a functional sanctuary with paid solar, an EV charger, and dedicated RV parking on a generous 8,276 sq ft lot with No HOA. Located near 7-rated schools like Oak Meadows Elementary, it is the perfect fit for a growing family or Owner-Occupants seeking long-term cost efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33567 Magnetite Subject | $649,999* List Price | 5 | 3 | 2,738 | $228 | - |
A 29376 Woodbine Sold | $675,000 | 5 | 3 | 3,192 | $211 | 0.3 mi |
B 33467 Pitman Sold | $730,000 | 4 | 3 | 2,932 | $249 | 0.1 mi |
C 33173 Aquamarine Circle Sold | $575,000 | 5 | 3 | 2,469 | $233 | 0.4 mi |
D 29454 Obsidian Court Active | $649,900 List Price | 4 | 3 | 2,469 | $263 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the home exceeds 'Fair' condition due to significant modern updates. The interior features newer luxury vinyl and marble-look tile flooring, a renovated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The addition of solar and an EV charger indicates well-maintained systems, making it move-in ready.
The potential for an assumable loan at an approximately 2.75% interest rate offers a rare and significant monthly savings opportunity compared to current market rates.
The property is highly functional with dedicated side-yard RV parking, an EV charger, and solar panels, providing modern convenience and long-term cost efficiency.
The absence of HOA fees and restrictions, combined with a generous 8,276 sq ft lot, offers more freedom and outdoor space than typically found in newer Menifee developments.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While local elementary and high schools are well-rated, the assigned middle school is located over 10 miles away and has a significantly lower rating, which may concern families.
The fifth bedroom is an enclosed loft rather than a traditional bedroom, which may impact privacy and does not offer the same architectural integration as the original rooms.
Welcome to 33567 Magnetite St in Menifee! This spacious 5-bedroom, 3 full bathroom home offers 2,738 sq ft of living space with a functional open layout. The main level features tile flooring, a spacious family room with fireplace perfect for everyday living and entertaining, and a well-appointed kitchen with ample pantry space. Flexible spaces include a formal dining area and formal living room currently used as a game room and gym. Upstairs features luxury vinyl flooring throughout with four bedrooms, including an enclosed loft creating an additional bedroom. The expansive primary suite offers a large walk-in closet and spacious bathroom. Additional highlights include solar, EV charger, 2-car garage, dedicated side-yard RV parking separate from the driveway, and a wide driveway with ample parking. The backyard has been improved with a retaining wall creating a functional garden space, plus a spacious side yard with storage. NO HOA! Enjoy more usable indoor living space and a generously sized backyard, features often limited in newer homes. A great opportunity in a desirable Menifee location.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 2.6 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,738 | 2,312 | 70% |
| Lot Size | 8,276 | 7,405 | 73% |
| Price | $650.0K | $630.0K | 56% |
| Price per sq ft | $237 | $274 | 20% |
| Built year | 2004 | 2008 | 37% |
| HOA | $0 | $92 | 25% |
| Days on market | 43 | 155 | 5% |
Apr 24, 2026
$649,999
Initial Listing
May 20, 2005
$403,000
Public Record