37978 Spur Drive, Murrieta, California 92563, Murrieta, 92563 - 5 bed, 3 bath
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37978 Spur Drive
Murrieta, California 92563
ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,995Sq Ft
7,405Lot Size
Property Price
LIST PRICE$728,000
EST. MARKET VALUE
$755,632
3% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $728,000—positioned well below the $755,632 Fair Market Value by 3%. This valuation gap offers $27,632 in Instant Equity for the buyer. The property maintains a Good Condition Rating with modern flooring and a functional floor plan. Located in a top-tier district with access to 9/10 rated schools like Alamos Elementary and Chaparral High, this home is an ideal choice for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$755,632+$27,632 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Murrieta.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37978 Spur Drive Subject | $728,000* List Price | 5 | 3 | 2,995 | $252 | - |
A 29377 Shady Sold | $730,000 | 6 | 4 | 2,999 | $243 | 0.2 mi |
B 29382 Taos Circle Sold | $710,000 | 4 | 3 | 2,570 | $276 | 0.3 mi |
C 38429 Clearbrook Drive Sold | $780,000 | 4 | 3 | 3,113 | $251 | 0.6 mi |
D 29648 Pebble Beach Drive Sold | $885,000 | 5 | 3 | 3,069 | $288 | 0.1 mi |
E 29366 Oakmont Court Sold | $870,000 | 4 | 3 | 3,069 | $283 | 0.1 mi |
F 29371 Pebble Beach Sold | $810,000 | 4 | 3 | 3,069 | $264 | 0.1 mi |
G 37710 Sprucewood Sold | $720,000 | 4 | 3 | 2,570 | $280 | 0.2 mi |
H 29215 Derby Sold | $670,000 | 4 | 4 | 3,168 | $211 | 0.3 mi |
I 29426 Shady Active | $775,000 List Price | 5 | 3 | 2,999 | $258 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2003 (23 years old), the property qualifies as 'Good' due to visible interior renovations and meticulous maintenance by the original owner. Images show updated modern wood-look tile and LVP flooring throughout, suggesting a renovation within the last 5-15 years. While major systems like HVAC and the roof may be nearing the end of their typical lifecycle, the home is move-in ready and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
About 37978 Spur Drive
Beautiful home and very functional floor plan. Great location, big backyard, very well-kept home, original owner, one bedroom and bathroom downstairs. Master bedroom upstairs with 3 more bedrooms and a bonus room. Vaulted ceiling. 3 cars garage. No HOA.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
Monte Vista Elementary School
Grades K-5 • 0.6 mi
6/10
Alta Murrieta Elementary School
Grades K-5 • 1.3 mi
9/10
Daniel N. Buchanan Elementary School
Grades K-5 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,995 | 2,472.725 |
| Lot Size | 7,405 | 7,269.312 |
| Price | $728.0K | $714.1K |
| Price per sq ft | $243 | $305 |
| Built year | 2003 | 2001 |
| HOA | $0 | $149 |
| Days on market | 7 | 55 |
Pricing History
Listed for Sale
Sep 2, 2026
$728,000
Initial Listing
Sold
Feb 13, 2003
$293,500
Public Record