40243 Mimulus, Temecula, California 92591, Temecula, 92591 - 3 bed, 3 bath

40243 Mimulus, Temecula, California 92591 home-pic-0

40243 Mimulus

Temecula, California 92591

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,487Sq Ft
7,841Lot Size

Property Price

LIST PRICE$650,000
EST. MARKET VALUE
$650,000

SUMMARY

Estimated Market Value

$650,000
Based on Realkey algorithm analyzing recent comparable sales in Temecula.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
40243 Mimulus
Subject
$650,000*
List Price
331,487$437-
A
27472 Swallow Court
Sold
$620,000331,487$4170.2 mi
B
40170 Roripaugh Road
Sold
$585,000321,254$4670.1 mi
C
39780 Oak Cliff Drive
Sold
$650,000331,458$4460.9 mi
D
29767 29767 Marhill
Sold
$695,000421,658$4190.8 mi
E
29740 Via Las Chacras
Sold
$675,500321,321$5110.9 mi
F
27536 Swallow Court
Active Under Contract
$640,000
List Price
331,487$4300.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and has undergone significant recent cosmetic renovations. The kitchen features updated white shaker-style cabinetry, modern countertops, and stainless steel appliances. The interior boasts fresh neutral paint, new carpeting, and updated wood-look laminate flooring. While the home was built in 1989 and some bathroom vanities appear older, the overall condition is well-maintained with key modern updates.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1487.

  • Great Schools

    High School: Chaparral High School (9/10).

  • Exceptional School District

    The property is zoned for top-tier schools, including Chaparral High (9/10) and Nicolas Valley Elementary (8/10), providing significant value for families.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Built in 1989, the property may soon require capital improvements to major systems such as the roof or HVAC to meet modern efficiency standards.

  • Compact Living Area

    With 1,487 square feet of living space, the home may feel restrictive for larger families or those requiring additional flex space for a home office.

  • Limited Recent Appreciation

    The listing price of $650,000 is only a marginal increase over its 2023 sale price of $625,000, which may indicate a temporary plateau in immediate equity growth.

About 40243 Mimulus

This home offers 3 bedrooms, 2.5 bathrooms, with 1487 sq ft of living space, and is well maintained. High ceilings, A spacious open kitchen with plenty of counter and cabinet space, adjacent to the dining room, perfect for entertainment. The bedrooms are spacious and open with closet space. 2 car attached with direct access. Close to all local amenities a must see!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
7,841 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Temecula Unified Schools

Temecula Elementary School

Grades K-5 • 1.5 mi

5/10

Nicolas Valley Elementary School

Grades K-5 • 1.6 mi

8/10

James L. Day Middle School

Grades 6-8 • 0.2 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
38%
Baths3.03.0
50%
Square foot1,4872,071.5
15%
Lot Size7,8416,970
58%
Price$650.0K$760.0K
23%
Price per sq ft$437$358
74%
Built year19891997
38%
HOA$0$104
29%
Days on market106179
16%

Pricing History

Listed for Sale

Nov 21, 2025

$650,000

Initial Listing

Sold

Aug 8, 2023

$625,000

Public Record

Sold

Mar 18, 2022

$600,000

Public Record

Sold

Dec 2, 2021

$429,000

Public Record

Sold

May 17, 2006

$398,000

Public Record

Sold

Jul 26, 2002

$221,000

Public Record

Sold

Dec 19, 1997

$128,500

Public Record

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