498 Serrana, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath
ACTIVE$505,000
498 Serrana, Perris, California 92570
3Beds
2Baths
1,300Sqft
9,148Lot
Year Built
1988
Close
-
List price
$505K
Original List price
$505K
Price/Sqft
$388
HOA
-
Days on market
-
Sold On
-
MLS number
MC25267503
Home ConditionFair
Features
ViewNeighborhood
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $505.0K(17th), sqft - 1300(9th), beds - 3(34th), baths - 2(43th).
AUCTION: Welcome to 498 Serrana Rd — a charming 3-bedroom, 2-bath home offering 1,300 sq ft of comfortable living in the community of Perris, CA. This inviting single-story residence features a bright and open layout designed for easy everyday living. The spacious living area creates a warm, welcoming atmosphere, perfect for relaxing or hosting family and friends.
Price History
Date
Event
Price
11/28/25
Listing
$505,000
05/27/05
Sold
$300,000
12/31/97
Sold
$84,500
Condition Rating
Fair
The property was built in 1988, making it 36 years old. The listing description and AI analysis explicitly state a lack of recent renovations, suggesting that the interior, including the kitchen and bathrooms, and major systems are likely original or significantly dated. While no interior photos are provided, the age of the home and the absence of upgrade details imply that these areas would require updates to meet current aesthetic and functional standards. The exterior shows signs of age and some deferred maintenance (e.g., old fence, unkempt landscaping). This aligns with the 'Fair' condition criteria, indicating an aged but maintained home that requires minor updates or repairs.
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 = 9148, living area = 1300.
Single-Story Design: The inviting single-story residence offers convenient accessibility and ease of living, appealing to a broad range of buyers including families and those seeking no stairs.
Generous Lot Size: With a substantial 9,148 sq ft lot, the property provides ample outdoor space for potential landscaping, recreation, gardening, or future expansion possibilities.
Open and Bright Layout: The description highlights a 'bright and open layout' and 'spacious living area,' which are highly desirable features for modern living, entertaining, and creating a welcoming atmosphere.
Functional Floor Plan: The 3-bedroom, 2-bath, 1,300 sq ft configuration offers a practical and popular size, suitable for first-time homebuyers, small families, or those looking for a manageable living space.
Established Community Location: Situated in the community of Perris, CA, the property benefits from being in an established neighborhood, potentially offering a sense of community and local amenities.
Cons
Auction Sale Format: The property being sold via auction can introduce uncertainty for buyers, potentially limiting the pool of interested parties who prefer traditional sales processes with standard contingencies and inspections.
Age of Property & Potential for Updates: Built in 1988, the home is 36 years old, suggesting that major systems (HVAC, roof, plumbing, electrical) and cosmetic finishes may be original or dated, potentially requiring significant future investment from the buyer.
Generic Description Lacks Specific Upgrades: The property description is general and does not highlight any recent renovations, modern features, or high-end finishes, which might lead buyers to assume the interior is largely original and could benefit from updates to meet current market expectations.