3860 Bella Isola Lane, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath
ACTIVE$530,000
3860 Bella Isola Lane, Perris, California 92571
3Beds
2Baths
2,150Sqft
5,663Lot
Price Vs. Estimate
The estimated value ($441,467.275) is $88,532.725 (16%) lower than the list price ($530,000). This property may be overpriced.
Key pros and cons
Top Pros:
Gated Community: The property is located within a desirable gated community, offering enhanced security and a sense of exclusivity.
Top Cons:
Overpriced Relative to Market Value: The listing price of $530,000 is significantly above its estimated value of $441,467, indicating it may be overpriced for the current market and could face buyer resistance.
Compared to the nearby listings
Price:$530.0K vs avg $550.0K ($-20,000)45%
Size:2,150 sqft vs avg 2,125 sqft51%
Price/sqft:$247 vs avg $28129%
More Insights
Built in 2004 (21 years old).
Condition: The property was built in 2004, making it 20 years old. The listing description is notably silent on any recent renovations or updates to the interior, particularly the kitchen and bathrooms, or major systems like HVAC and appliances. The single provided image is of the exterior only, which appears well-maintained but offers no insight into the interior condition. Given its age and the lack of mentioned updates, it's highly probable that the interior, including the kitchen and bathrooms, features original builder-grade finishes and appliances that would now be considered outdated and nearing the end of their functional lifespan, requiring minor updates or repairs to meet current standards.
Year Built
2004
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$247
HOA
$120
Days on market
-
Sold On
-
MLS number
SW25064025
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
Fantastic Investment Opportunity in Gated Community! Discover the possibilities of 3860 Bella Isola Lane in Perris, CA! This charming single-story home offers three bedrooms, two bathrooms, and 2,150 square feet of living space, situated on a 5,662 square foot lot in a desirable gated community. Close to Ramona Expressway, restaurants and shopping- this is a great location for commuters. Built in 2004, this home is perfect for investors seeking strong rental income or homeowners looking for a comfortable place to call their own. The property includes a versatile bonus room, ideal for an office, game room, or flex space. With its excellent location and great value, this home presents a fantastic opportunity to secure a solid investment or create your own personal haven. Don’t miss your chance to own this delightful property in a fantastic community!
Nearby schools
7/10
Avalon Elementary School
Public,•K-5•0.6mi
4/10
Sierra Vista Elementary School
Public,•K-6•1.0mi
3/10
Lakeside Middle School
Public,•7-8•1.1mi
6/10
Rancho Verde High School
Public,•9-12•1.9mi
Condition Rating
Fair
The property was built in 2004, making it 20 years old. The listing description is notably silent on any recent renovations or updates to the interior, particularly the kitchen and bathrooms, or major systems like HVAC and appliances. The single provided image is of the exterior only, which appears well-maintained but offers no insight into the interior condition. Given its age and the lack of mentioned updates, it's highly probable that the interior, including the kitchen and bathrooms, features original builder-grade finishes and appliances that would now be considered outdated and nearing the end of their functional lifespan, requiring minor updates or repairs to meet current standards.
Pros & Cons
Pros
Gated Community: The property is located within a desirable gated community, offering enhanced security and a sense of exclusivity.
Single-Story Layout: As a charming single-story home, it appeals to a broad range of buyers seeking accessibility and convenient living.
Versatile Bonus Room: The inclusion of a versatile bonus room provides flexible space for an office, game room, or other uses, adding significant functional value.
Convenient Location: Its proximity to Ramona Expressway, restaurants, and shopping offers excellent convenience for commuters and daily errands.
Views: The property boasts desirable mountain and neighborhood views, enhancing its aesthetic appeal and potential resale value.
Cons
Overpriced Relative to Market Value: The listing price of $530,000 is significantly above its estimated value of $441,467, indicating it may be overpriced for the current market and could face buyer resistance.
Lack of Mentioned Recent Upgrades: The property description does not highlight any significant recent upgrades or renovations, which could imply a need for immediate buyer investment compared to updated comparable properties.
Ongoing HOA Fees: The property is subject to a $120 monthly association fee, which adds to the recurring cost of homeownership and may be a deterrent for buyers seeking properties without such expenses.