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41349 Magnolia Street, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 3 bath

41349 Magnolia Street, Murrieta, California 92562 home-pic-0
ACTIVE UNDER CONTRACT$715,000
41349 Magnolia Street, Murrieta, California 92562
3Beds
3Baths
2,600Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($706,694.93) is $8,305.07 (1%) lower than the list price ($715,000). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Upgrades & Amenities: The property boasts recent major upgrades including new windows, an impeccable HVAC system, a $14k renovated and resurfaced pool, and solar panels, enhancing value and reducing immediate maintenance concerns.
Top Cons:
Previous Escrow Failure: The property recently fell out of escrow in the last week, which can be a red flag for potential buyers, suggesting possible undisclosed issues or transaction complications.

Compared to the nearby listings

Price:$715.0K vs avg $710.0K (+$5,000)50%
Size:2,600 sqft vs avg 2,302 sqft60%
Price/sqft:$275 vs avg $32420%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, benefits from significant recent functional upgrades including new windows, an impeccable HVAC system, a renovated pool, and solar panels. However, the kitchen features dated white cabinets with older hardware, black appliances, and granite-like countertops. The bathrooms also show original or older renovation styles with basic white cabinets, countertops, and tile. While well-maintained and move-in ready from a functional standpoint, the aesthetic elements of the kitchen and bathrooms are outdated and would likely require minor updates to meet current buyer preferences.
Year Built
1989
Close
-
List price
$715K
Original List price
$725K
Price/Sqft
$275
HOA
-
Days on market
-
Sold On
-
MLS number
IG25224440
Home ConditionFair
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

BUYER COULDN’T PERFORM IN THE LAST WEEK OF ESCROW Welcome to Magnolia St! Your dream home in the heart of desirable Murrieta with a dream backyard! — where comfort, style, and convenience come together seamlessly! This spacious 3 large-bedroom, 2.5-bathroom residence boasts 2,600 sq. ft. of thoughtfully designed living space, perfect for both everyday living and entertaining. with an easy possibility for a 4th bedroom. New windows!, Equipped with solar panels at a great monthly rate! HVAC system is in impeccable, and pool recently had a 14k renovation and resurfacing From the moment you arrive, you'll be impressed by the excellent curb appeal and low-maintenance front landscaping. Step inside to discover an inviting open floor plan with generous natural light, ideal for family gatherings or hosting guests. The expansive kitchen flows effortlessly into the dining and living areas, creating a warm and welcoming atmosphere. Upstairs, the primary suite offers a peaceful retreat, complete with a spacious en-suite bath and ample closet space. Three additional bedrooms provide flexibility for a home office, gym, or guest space. Step outside to your private backyard oasis, featuring a heated pool and relaxing jacuzzi — perfect for year-round enjoyment. The low-maintenance landscaping means more time to relax and entertain in style. Additional highlights include a 3-car attached garage, energy-saving solar panels, and a prime location near top-rated schools, parks, shopping, and dining. Don’t miss your chance to own this exceptional Murrieta home — schedule your private tour today and fall in love with everything it has to offer!

Nearby schools

7/10
Murrieta Elementary School
Public,•K-5•1.2mi
6/10
Thompson Middle School
Public,•6-8•0.8mi
8/10
Murrieta Valley High School
Public,•9-12•0.7mi
Condition Rating
Fair
The property, built in 1989, benefits from significant recent functional upgrades including new windows, an impeccable HVAC system, a renovated pool, and solar panels. However, the kitchen features dated white cabinets with older hardware, black appliances, and granite-like countertops. The bathrooms also show original or older renovation styles with basic white cabinets, countertops, and tile. While well-maintained and move-in ready from a functional standpoint, the aesthetic elements of the kitchen and bathrooms are outdated and would likely require minor updates to meet current buyer preferences.
Pros & Cons

Pros

Significant Upgrades & Amenities: The property boasts recent major upgrades including new windows, an impeccable HVAC system, a $14k renovated and resurfaced pool, and solar panels, enhancing value and reducing immediate maintenance concerns.
Desirable Backyard Oasis: A private backyard features a heated pool and relaxing jacuzzi with low-maintenance landscaping, ideal for year-round enjoyment and entertaining.
Prime Location: Situated in the heart of desirable Murrieta, the home offers convenient access to top-rated schools (including Murrieta Valley High School with an 8 rating), parks, shopping, and dining.
Spacious & Flexible Living Space: With 2,600 sq. ft., an inviting open floor plan, generous natural light, and an easy possibility for a 4th bedroom, the residence offers ample space and versatility for various family needs.
Energy Efficiency & Cost Savings: Equipped with solar panels at a great monthly rate and new windows, the property offers enhanced energy efficiency and potential for reduced utility costs.

Cons

Previous Escrow Failure: The property recently fell out of escrow in the last week, which can be a red flag for potential buyers, suggesting possible undisclosed issues or transaction complications.
Recent Price Reduction: A recent price drop from the original listing price, coupled with the failed escrow, could indicate initial overpricing or a challenge in attracting qualified buyers at the desired price point.
Potential for Dated Elements: Despite significant recent upgrades, the 1989 build year suggests that other original components of the home (e.g., some bathrooms, fixtures, or less visible systems) may still be dated or require future updates.

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