
Murrieta, California 92563
This Condominium represents a Strong Value Opportunity, listed at $410,000—positioned above the $397,141 Fair Market Value. While priced slightly above market, the property features a Fair Condition Rating and offers significant lifestyle appeal with a large private patio, scenic greenbelt views, and access to top-rated schools like Chaparral High and Alamos Elementary. As an "all loan approved" complex, it provides rare financing accessibility for a first-time buyer or owner-occupant seeking a stable, well-located residence in the heart of Murrieta.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39141 Anchor E Subject | $410,000* List Price | 2 | 3 | 1,016 | $391 | - |
A 30433 Buccaneer Bay F Sold | $399,000 | 2 | 2 | 961 | $415 | 0.2 mi |
B 39216 Flamingo Sold | $460,000 | 3 | 3 | 1,387 | $332 | 0.1 mi |
C 30343 Island Bay D Sold | $485,000 | 3 | 3 | 1,387 | $350 | 0.1 mi |
D 39224 Anchor Bay C Sold | $415,000 | 2 | 3 | 1,016 | $408 | 0.1 mi |
E 30354 Island Bay F Sold | $397,000 | 2 | 2 | 961 | $413 | 0.1 mi |
F 39211 Turtle E Active | $419,900 List Price | 2 | 3 | 1,016 | $413 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), this property falls into the 'Fair' category as it exceeds the 20-year threshold without a full renovation. While the home is well-maintained with updated laminate flooring and stainless steel appliances, the kitchen cabinetry, bathroom vanities, and tile fireplace surround appear to be original builder-grade finishes. The HVAC unit also shows signs of age, suggesting the property is functional but dated and ready for minor cosmetic updates.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
The property features a large private patio with no rear neighbors and scenic views of the greenbelt and mountains, offering a rare sense of seclusion for a condominium.
As an 'all loan approved' complex, this property is highly accessible to a wide range of buyers, including those utilizing FHA or VA financing which can often be difficult to secure for condos.
With approximately 1,016 square feet of living space and only a single-car garage, the property may feel restrictive for buyers requiring extra storage or multi-vehicle parking.
The $340 monthly association fee adds a significant recurring cost to the monthly carrying price, which may impact the overall affordability for budget-conscious buyers.
All loan approved complex in Montego Bay! This beauifully located condo in the heart of Murrieta cannot be missed. Huge patio with no rear neighbors, 2 spacious bedrooms, laminate flooring on the lower level with nice plush carpet upstairs. The downstairs has a half bathroom, attached 1 car garage and laundry in the kitchen. The family room space is open with lots of light. Close to all conviences like shopping, amazing coffee shops and restaurants. This is a perfect condo for anyone looking to get into Murrieta!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,016 | 1,331.154 |
| Lot Size | 545 | 1,598.354 |
| Price | $410.0K | $455.4K |
| Price per sq ft | $404 | $338 |
| Built year | 2002 | 2005 |
| HOA | $340.0 | $318 |
| Days on market | 13 | 68 |
Aug 27, 2026
$410,000
Initial Listing
Oct 1, 2021
$377,000
Public Record
May 27, 2016
$215,000
Public Record
Mar 18, 2015
$186,000
Public Record