See Home Value
$309,009
● House - Off Market

29020 Olympia Way

Menifee, CA 92586
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$1,606
Est. Monthly
$35
HOA / Fees
11.70%
Cap Rate

About This Property

INVESTOR SPECIAL – MENIFEE, CA!

2 Bed | 2 Bath | 55+ Community

Charming home with great bones in need of TLC. Spacious layout, nice lot, and located in a resort-style 55+ community featuring clubhouse, pools, spa, golf, tennis & pickleball. HOA: Only $35/month, Delivered VACANT, Buyer to assume solar lease ($95/month)

Don't miss this light fixer with strong upside potential!
Unit Size
1,460 Ft²
Days on Market
32 days
Land Size
0.17 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
1964

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (CRMLS #PW25222578)

Price History

Date / Event Date Event Price
Oct 24, 2025 Sold
Sold
Sep 25, 2025 In contract -
In contract
Sep 22, 2025 Listed by Sundae Homes $319,900
Listed by Sundae Homes
Jul 9, 2017 Listed $269,900
Listed
Beautiful 2 bedroom, 2 bath turnkey home with tons of upgrades. Dual paned windows, plantation shutters & ceiling fans throughout. With crown molding in many rooms. Newer front door w/leaded glass. Formal living & dining area with neutral paint & nice carpet. The rest of the home has wood laminate flooring & tile floors in the bathrooms. Kitchen w/granite counters, tile & basket weave back splash, breakfast bar & possible breakfast nook & an additional dining room with tons of cabinets & desk area. Kitchen also has a pass through window to the 15X12 family room that was formerly a lanai that has been expanded, converted, dry walled, w/dual paned windows, crown molding & has heating & AC. Off the kitchen there is an expanded laundry room, approx. 12X12 w/sink, lots of cabinets, heat & AC, currently is being used as a man cave/sports room, but would be great craft room. Upgraded bathrooms with newer vanities, lighting & faucets. Nice back yard w/covered patio, 12X12 shed & lots of room for entertaining. 2 car attached garage with fan to exterior to keep the garage cool. Square footage for family room is not included in the listing square footage.The manager has listed the unit size as 1460 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 397
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,299
  • Gross Building Area: 2,299
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 2364
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 227 MB 043/057 TR 2364

Neighborhood

  • School District Name: Perris Union High School District in Menifee (9-12)
  • Census Tract: 042711

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2364
  • Parcel: 338-045-015
  • Lot: 227
  • Municipality: MENIFEE
  • Latitude: 33.6992
  • Longitude: -117.192

    Address

  • Full Address: 29020 Olympia Way
  • Address - House Number: 29020
  • Address - Street Name: Olympia
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Menifee
  • Carrier Code: C018
  • 4-Digit Zip Code: 3197
  • Zip Code: 92586

Valuation

    Tax

  • Total Area: 1,691
  • Tax Year: 2023
  • Tax Amount: $397,860
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 026-056

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 406,860
  • High Value: 482,009
  • Low Value: 331,711

    Market Valuation

  • Market Total Value: $292,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,852
  • Assessed Land Value: $62,424
  • Assessed Improvements Value: $281,428

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0304617
  • Previous Sale Recording Date: Aug 03, 2017
  • Previous Sale Contract Date: Jun 29, 2017
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sun City


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 29113 Peppergrass Avenue, MENIFEE, CA, 92584

$3,200 /mo

  • 5 Beds
  • 2 Baths
  • 2,600 ft²
29113 Peppergrass Avenue, MENIFEE, CA, 92584 Listing by Cynthia Nemelka
Unit for rent at 25352 Mountain Springs Street, MENIFEE, CA, 92584

$2,999 /mo

  • 4 Beds
  • 2 Baths
  • 2,459 ft²
25352 Mountain Springs Street, MENIFEE, CA, 92584 Listing by Cynthia Nemelka
Unit for rent at 28292 Digger Lane, MENIFEE, CA, 92585

$3,295 /mo

  • 4 Beds
  • 3 Baths
  • 2,355 ft²
28292 Digger Lane, MENIFEE, CA, 92585 Listing by Cynthia Nemelka


Frequently Asked Questions

When was property at 29020 Olympia Way built and last sold?
The property at 29020 Olympia Way was built in 1964 and last sold on Apr 22, 2021 for $330,500.
How much is this home worth?
The estimated value of the home located at 29020 Olympia Way is $329,574.
What are some comparable homes to 29020 Olympia Way?
There are currently no comparable homes to 29020 Olympia Way.