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575 Prairie Way, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath

575 Prairie Way, Perris, California 92571 home-pic-0
ACTIVE$445,000
575 Prairie Way, Perris, California 92571
3Beds
2Baths
900Sqft
4,356Lot
Year Built
1988
Close
-
List price
$445K
Original List price
$445K
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
OC25135288
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $445.0K(6th), sqft - 900(2th), beds - 3(43th), baths - 2(31th).

Charming 3-Bedroom Home in Perris – Perfect for First-Time Buyers! Welcome to this delightful single-family home nestled in the heart of Perris, CA. Priced at $445,000, this traditional-style residence offers 3 spacious bedrooms, 2 full bathrooms, and 900 square feet of comfortable living space—ideal for first-time home buyers or those looking to downsize. The home presents a fantastic opportunity to personalize and make it your own. Enjoy a cozy layout with plenty of natural light, a functional kitchen, and a private backyard perfect for relaxing or entertaining. With no HOA, you’ll appreciate the freedom and flexibility this property offers. Conveniently located near schools, shopping, and commuter routes, this charming home is a great investment in a growing area. Don’t miss your chance to own a piece of Perris at an affordable price!

Price History

Date
Event
Price
06/16/25
Listing
$445,000
Condition Rating
Fair
Built in 1988, this property is 36 years old. While the living areas feature updated laminate flooring, the kitchen and bathrooms are significantly dated with older cabinets, countertops, appliances, and light fixtures. The home appears to be maintained and functional, but requires substantial cosmetic updates to the kitchen and bathrooms to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Affordable Price Point: Priced at $445,000, this home is positioned as an affordable option, particularly attractive for first-time buyers or those looking to downsize in the Perris market.
No Homeowners Association (HOA): The absence of an HOA provides buyers with greater financial flexibility and freedom from restrictive community rules, enhancing long-term affordability and appeal.
Convenient Location: Strategically located near schools, shopping centers, and major commuter routes, offering practical convenience for daily living and accessibility.
Private Backyard: The property features a private backyard, providing valuable outdoor space for relaxation, entertaining, or potential gardening.
Targeted Appeal: Explicitly marketed as 'perfect for first-time buyers' and 'ideal for those looking to downsize,' clearly defining its niche in the market.

Cons

Compact Living Space: With only 900 square feet for 3 bedrooms and 2 bathrooms, the living space is quite compact, which may limit appeal for larger families or those desiring more expansive interiors.
No View: The property explicitly states 'None' for views, which could be a drawback for buyers prioritizing scenic outlooks or premium vistas.
Potential Overpricing Relative to Estimation: The listing price of $445,000 is 7% higher than the property's estimated value of $413,780, which may suggest it is priced above current market estimations.

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