410 Water Avenue, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath

ACTIVE$540,000
410 Water Avenue, Perris, California 92571
3Beds
2Baths
1,152Sqft
14,810Lot
Year Built
1984
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
CV25107772
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 59% below the list price. We found 3 Cons,6 Pros. Rank: price - $540.0K(47th), sqft - 1152(11th), beds - 3(43th), baths - 2(30th).
Looking for space, peace, and a move-in ready home? This 3-bedroom, 2-bathroom spot on the east side of Perris has it all. Sitting on a huge 14,000 sqft lot, there’s tons of room to spread out, add a pool, build a workshop—you name it. The concrete all around makes it super low-maintenance, and the solar panels help keep those energy bills down. It’s in a quiet neighborhood and has been really well taken care of, so you can just move in and start enjoying it. If you’ve been waiting for something with space and potential, this is it. Come check it out!
Condition Rating
Fair
The property was built in 1984, making it 40 years old. While the description states it is 'move-in ready' and 'really well taken care of,' implying good maintenance, there are no interior images or specific details about recent renovations to the kitchen, bathrooms, or other key components. Without evidence of extensive updates within the last 15 years, a 40-year-old home is likely to have functional but outdated features and styles, particularly in the kitchen and bathrooms, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
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 = 14810, living area = 1152.
Expansive Lot Size: The property boasts a substantial 14,810 sqft lot, offering ample space for potential additions like a pool, workshop, or extensive landscaping.
Energy Efficiency: Equipped with solar panels, which contribute to reduced energy costs and environmental benefits, enhancing long-term affordability.
Move-in Ready Condition: Described as 'really well taken care of' and 'move-in ready,' suggesting minimal immediate renovation or repair expenses for a new owner.
Low-Maintenance Exterior: The extensive concrete surrounding the property provides a low-maintenance exterior, appealing to buyers seeking ease of upkeep.
Quiet Neighborhood Setting: Located in a quiet neighborhood, offering a peaceful living environment desirable for many prospective homeowners.
Cons
Significant Overpricing Relative to Recent Sale: The current list price of $540,000 is substantially higher than the $490,800 at which the same property (or a highly similar one at the exact address) recently closed, suggesting a significant overvaluation in the current market.
Older Construction & Smaller Interior: Built in 1984 with 1152 sqft, the property is older and has a smaller interior footprint compared to some newer and larger comparable homes in the market.
Dated Interior (Implied): As a 1984 build, despite being well-maintained, the interior may feature dated finishes and layouts that could require modernization to meet current buyer preferences.


