RealKey
‪(213) 433-7766‬

338 Mildred, Perris, California 92571, Perris, 92571 - 4 bed, 3 bath

338 Mildred, Perris, California 92571 home-pic-0
ACTIVE$499,999
338 Mildred, Perris, California 92571
4Beds
3Baths
1,998Sqft
4,792Lot

Price Vs. Estimate

The estimated value ($538,393.125) is $38,394.125 (7%) higher than the list price ($499,999). This property may be underpriced.

Key pros and cons

Top Pros:
Updated & Turnkey Interior: The home boasts a recently updated interior with new flooring, fresh paint, and modern fixtures, making it move-in ready for buyers.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-09-15. The sold price is $365,000.00. The property was recently sold within the past year on 2025-09-15. The sold price is $399,000.00.

Compared to the nearby listings

Price:$500.0K vs avg $550.0K ($-50,001)26%
Size:1,998 sqft vs avg 2,103 sqft48%
Price/sqft:$250 vs avg $28131%

More Insights

Built in 1991 (34 years old).
Condition: Built in 1991, this home has received recent cosmetic updates including new flooring and fresh paint, making it move-in ready. However, the kitchen features original-style wood cabinets and dated countertops, despite a newer stainless steel range. All bathrooms also exhibit dated vanities, countertops, and tile work. While clean and functional, these key areas show their age and would require significant renovation to meet current aesthetic standards. The property is well-maintained but shows signs of being outdated in major components.
Year Built
1991
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$250
HOA
-
Days on market
-
Sold On
-
MLS number
TR25263769
Home ConditionFair
Features
Patio
View-

About this home

Welcome to this spacious 4-bedroom, 2.5-bath home in a quiet Perris neighborhood with No HOA and low special assessments. Featuring nearly 2,000 sq ft of open living space, and a large flat backyard with endless potential, this move-in ready residence offers an updated interior, fresh finishes, and a large blank-slate backyard ready for your vision. The main floor features new flooring throughout, abundant natural light, a cozy fireplace, and an expansive living area designed for flexible use. The kitchen includes ample cabinet storage, a stainless-steel range, recessed lighting, and a large window overlooking the backyard. All 4 bedrooms are located upstairs for added privacy, including a generous primary suite. Additional features include an attached 2-car garage, indoor laundry room with storage, updated fixtures, and fresh interior paint. The oversized backyard offers room for outdoor entertaining, garden beds, play area, ADU potential (buyer to verify), or future customization. Located conveniently near shopping, schools, parks, and quick 215 freeway access. FHA, VA, and government-backed financing welcome! Your future home awaits!

Price History

Date
Event
Price
09/11/98
Sold
$71,000
09/15/25
Sold
$399,000
09/15/25
Sold
$365,000
Condition Rating
Fair
Built in 1991, this home has received recent cosmetic updates including new flooring and fresh paint, making it move-in ready. However, the kitchen features original-style wood cabinets and dated countertops, despite a newer stainless steel range. All bathrooms also exhibit dated vanities, countertops, and tile work. While clean and functional, these key areas show their age and would require significant renovation to meet current aesthetic standards. The property is well-maintained but shows signs of being outdated in major components.
Pros & Cons

Pros

Updated & Turnkey Interior: The home boasts a recently updated interior with new flooring, fresh paint, and modern fixtures, making it move-in ready for buyers.
Spacious & Functional Layout: With nearly 2,000 sq ft, 4 bedrooms, 2.5 baths, an expansive living area, and a generous primary suite, the layout offers ample space and privacy.
Significant Backyard Potential: A large, flat, and oversized backyard presents a blank canvas for customization, including outdoor entertaining, gardening, play areas, and potential ADU development.
Favorable Financial Structure: The absence of an HOA and low special assessments significantly reduce ongoing ownership costs, enhancing affordability and appeal.
Convenient Location & Accessibility: Situated in a quiet neighborhood, the property offers easy access to shopping, schools, parks, and the 215 freeway, providing convenience for daily living.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-15. The sold price is $365,000.00. The property was recently sold within the past year on 2025-09-15. The sold price is $399,000.00.
Undeveloped Backyard: While offering potential, the backyard is currently a 'blank-slate,' requiring substantial investment and effort from the buyer to develop it into a functional or aesthetic outdoor living space.
Property Age & Potential System Updates: Built in 1991, the home's core systems (e.g., plumbing, electrical, HVAC, roof) are over 30 years old, and while cosmetic updates are noted, major system replacements or repairs may be a future consideration.
Lack of Scenic Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks or natural vistas.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state