30571 Spring Lake Way, Menifee, California 92584, Menifee, 92584 - 3 bed, 3 bath
ACTIVE$560,000
30571 Spring Lake Way, Menifee, California 92584
3Beds
3Baths
1,655Sqft
4,792Lot
Year Built
1990
Close
-
List price
$560K
Original List price
$570K
Price/Sqft
$338
HOA
$100
Days on market
-
Sold On
-
MLS number
IV25086337
Home ConditionExcellent
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $560.0K(20th), sqft - 1655(15th), beds - 3(39th), baths - 3(50th).
Prime location, freshly remodeled, and priced to SELL. New flooring, new countertops, and new appliances. Open floorplan, ample storage, spacious rear yard. Just minutes to the park, lake, and other great community features.
Condition Rating
Excellent
Despite being built in 1990, the property has undergone a fresh and extensive remodel, as stated in the description and confirmed by the images. The kitchen features new white shaker cabinets, light quartz countertops, and new stainless steel appliances. Bathrooms are also fully updated with modern vanities, quartz counters, and new tile work. New luxury vinyl plank flooring and fresh carpet throughout, along with new paint, contribute to a virtually new interior condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Recent Remodel: The property has been freshly remodeled with new flooring, countertops, and appliances, offering a modern and move-in ready condition.
Prime Location & Amenities: Situated in a prime location, the home is just minutes away from a park, lake, and other desirable community features.
Open Floorplan: The open floorplan enhances the sense of space and flow, appealing to contemporary living preferences.
Spacious Rear Yard: A spacious rear yard provides ample outdoor living space for relaxation, entertaining, or potential landscaping projects.
Price Adjustment: A recent price reduction from $570,000 to $560,000 indicates increased seller motivation and potentially better value for prospective buyers.
Cons
Significant Overpricing: The listing price of $560,000 is substantially higher (33% above) the estimated property value of $374,315, which may lead to appraisal challenges and buyer resistance.
Property Age: Built in 1990, while recently remodeled, the underlying age of the property may suggest older core systems (e.g., HVAC, plumbing, electrical) that could require future attention.
Association Fee: The presence of a $100 monthly association fee adds to the recurring cost of homeownership, which some buyers may find undesirable.