990 Whimbrel Way, Perris, California 92571, Perris, 92571 - 3 bed, 3 bath
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Perris, California 92571
This Spacious 2-Story Residence represents a Strong Value Opportunity, listed at $529,000—positioned well below the $573,305 Fair Market Value by 7%. This valuation gap offers $44,305 in Instant Equity for the buyer. Featuring Paid-Off Solar Panels, an EV Charger, and a Good Condition Rating, the home offers significant utility savings. With the potential to convert to a 4-bedroom layout, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers utilizing the $20,000 Ladder Up grant.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 990 Whimbrel Way Subject | $529,000* List Price | 3 | 3 | 2,300 | $249 | - |
A 914 Sparrow Way Sold | $539,000 | 4 | 2 | 1,923 | $280 | 0.1 mi |
B 3236 Mariposa Way Sold | $520,000 | 3 | 3 | 1,863 | $279 | 0.3 mi |
C 3272 Mariposa Sold | $549,999 | 4 | 3 | 2,007 | $274 | 0.4 mi |
D 1204 Lilac Ridge Sold | $540,000 | 5 | 3 | 2,033 | $266 | 0.9 mi |
E 1216 Lilac Ridge Drive Sold | $479,900 | 4 | 3 | 1,825 | $263 | 0.9 mi |
F 906 Sparrow Active | $559,000 List Price | 4 | 3 | 2,300 | $243 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with functional kitchen and baths, featuring cosmetic updates like wood-look flooring and painted cabinetry. Modern system additions include an EV charger and solar panels.
The property features paid-off solar panels and an EV charger, combined with eligibility for a $20,000 'Ladder Up' grant, providing exceptional value and long-term utility savings.
At 2,300 sqft, the home offers a spacious layout with both living and family rooms, plus the specific potential to easily convert the upstairs into a 4-bedroom configuration for instant equity.
Situated in a quiet, newer community with hill views, the home offers excellent proximity to schools and easy access to major highways, making it ideal for commuters.
While the square footage is high, the home is currently only configured with 3 bedrooms, which may require additional renovation costs for buyers needing a 4-bedroom setup immediately.
The 4,356 sqft lot is relatively small for a 2,300 sqft residence, which may limit outdoor space for buyers seeking a large backyard or extensive private landscaping.
Very nice 2-story home in a quiet, newer community. Upstairs, 3 bedrooms and 2.5 baths, you can put a wall, and you have a 4-bedroom home. It has both a living room and a family room. Nice bright kitchen with views into the backyard. Solar panels will be paid off at closing. It even has EV charger. The neighborhood has easy access to the main highways and freeway. Short distance to schools. A similar home for 4 bedrooms, same sq ft, is on the market for $ 559,000, with pretty much the same layout. THIS PROPERTY QUALIFIES FOR CITI NATIONAL BANK'S LADDER UP PROGRAM, OFFERING A $20,000 GRANT FOR ELIGIBLE FIRST-TIME BUYERS!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,300 | 1,916 |
| Lot Size | 4,356 | 7,016 |
| Price | $529.0K | $583.5K |
| Price per sq ft | $230 | $293 |
| Built year | 2005 | 1997 |
| HOA | $0 | $99 |
| Days on market | 26 | 67 |
Jun 26, 2026
$529,000
Initial Listing
Nov 6, 2009
$185,000
Public Record
Nov 30, 2005
$346,500
Public Record