20646 Markham, Perris, California 92570, Perris, 92570 - 4 bed, 2 bath
ACTIVE$1,881,688
20646 Markham, Perris, California 92570
4Beds
2Baths
1,913Sqft
211,266Lot
Year Built
1953
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
$984
HOA
-
Days on market
-
Sold On
-
MLS number
TR25255469
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.88M(99th), sqft - 1913(36th), beds - 4(50th), baths - 2(43th).
Price History
Date
Event
Price
11/06/25
Listing
$1,881,688
04/11/24
Sold
$950,000
06/16/00
Sold
$140,000
01/16/96
Sold
$150,000
Condition Rating
Poor
Built in 1953, this property is over 70 years old. The MLS listing explicitly notes its 'Advanced Age & Potential for Updates' and states it will 'likely requiring substantial investment in modernizing systems, infrastructure, and aesthetics.' Crucially, there are no interior photos provided, especially of the kitchen or bathrooms, which strongly suggests these key areas are in very poor, outdated condition, likely requiring complete renovation. The exterior images show an older, modest home and dilapidated greenhouses, indicating a general lack of recent maintenance and significant deferred repairs. The property requires substantial rehabilitation to meet modern living standards.
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 = 211266, living area = 1913.
Expansive Acreage: The property features a substantial 4.85-acre lot (211,266 sqft), providing exceptional privacy, outdoor potential, and room for expansion or agricultural pursuits.
Spacious Interior Layout: With 4 bedrooms and 1913 sqft, the home offers a generous floor plan suitable for families or those requiring multiple living spaces.
Development/Customization Potential: The large lot and older structure present a unique opportunity for buyers to customize, expand, or potentially develop the property to their specific needs (subject to local zoning).
Established Construction: Built in 1953, the home represents a period of solid construction, potentially offering a robust foundation for renovation and modernization.
Recent Transaction Data: The recent sale in April 2024 provides valuable market data, indicating active interest in the area, even if the current listing price is significantly higher.
Cons
Significant Overpricing: The current list price of $1.88 million is nearly double the property's sale price of $950,000 just six months prior, raising serious concerns about its market competitiveness and valuation.
Advanced Age & Potential for Updates: Built in 1953, the home is over 70 years old, likely requiring substantial investment in modernizing systems, infrastructure, and aesthetics to meet contemporary buyer demands.
Lack of Premium Features: The property is noted as having 'None' for views, which, coupled with its elevated price point, diminishes its overall appeal and perceived value compared to competing properties.