Sold
Last Sold Price
397,267 Lot Size9.12 Acres
27130 Scott Rd, Menifee, CA 92584
LandProperty Type
9.12 acresLot Size

Description

The property currently contains a ±1,800 SF three bedroom, two bathroom house with a detached garage. The house contains a fenced in yard
/ driveway. The structure is located in the South-West corner of the property along Scott Rd. The house is currently being used as a rental property and is
generating approx $2,500 / month in income. The existing structure is a good way to generate income while processing land development entitlements. The property sits on flat topography with most to all of the
...The property currently contains a ±1,800 SF three bedroom, two bathroom house with a detached garage. The house contains a fenced in yard
/ driveway. The structure is located in the South-West corner of the property along Scott Rd. The house is currently being used as a rental property and is
generating approx $2,500 / month in income. The existing structure is a good way to generate income while processing land development entitlements. The property sits on flat topography with most to all of the land being usable space. The property has utilities available with recently
upgraded septic at sight of existing structure. The property is within the City of Menifee which offers the following services:
• Water: Eastern Municipal Water District
• Electricity: Southern California Edison
• Gas: Southern California Gas Company
• Phone: Frontier Communications
• Fire: Riverside County Fire Department
• Police: Riverside County Sheriff’s Department
Low Density Residential
Through several talks with the City of Menifee, we believe they would be in favor of rezoning this land from a minimum requirement of one
lot per acre to one lot per half acre. The city of Menifee continues to grow both from a commercial as well as a residential standpoint, and
this centrally located property would be a great location for developers to invest in. The city continues to encourage new developments
and is need of more housing. Location
The property is located just ¾ of a mile west of I-215 on a hard corner of Scott Rd and Ascot Way. Scott Rd is one of the two main
thoroughfares in Menifee. Scott Rd also turns into Bundy Canyon which places the subject property just 6 miles from I-15 and 45 miles
from Orange County. The property is located just ¾ of a mile from a major retail center with Albertson’s, Wells Fargo, 7/11, as well as
multiple restaurants in the area. Scott Rd improvements:
Current plans are in place to widen Scott Rd to five lanes. Current construction of the Scott Rd / I-215 Interchange Project is set to be
completed by Spring 2020. The project will widen the Scott Rd bridge to 6 lanes and expand on/off ramps to two lanes for off ramps and
three lanes for on ramps. The city’s goal is to increase the flow of traffic in hopes of spurring new development projects within the area.
  • Listed by: BRANDON SUDWEEKS DRE #01435174 Brokerage DRE #01998652 • COLDWELL BANKER COMMERCIAL SC
Listing closed: 08/22/2022 12:00 AM • Source: CRMLS, MLS#: IV21077309

Recent comparable sales

Median sold price

$649,900

Avg days on market

251

Sale-to-list ratio

90.3%

Menifee, CA

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of COLDWELL BANKER COMMERCIAL SC, BRANDON SUDWEEKS, DRE #01435174

Sold By NONMEMBER MRML, General NONMEMBER, DRE #0148974

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Property Information for 27130 Scott Road

Property Details
  • MLS Type: Lot/Land
  • View: Hills, Mountain(s), Neighborhood
  • Lot Size Source: Assessor
  • Assessor Parcel Number: 360-370-015
  • New Construction: No
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: RR
  • Senior Community: No
  • Parcel Number: 360370015
  • Area: Southwest Riverside County (SRCAR)
  • Directions: The property is located just ¾ of a mile west of I-215 on a hard corner of Scott Rd and Ascot Way.
Building Information
  • Lot Size: 9.12 AC
Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Census Tract: 427.43
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Exterior Features
  • View Description: Hills
Distance To
  • Distance To Water: EMWD
Land/Lot Info
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft, Level
  • Lot Location: Rural, Corner Lot
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer/Septic: Cable TV, Electric, Telephone
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 27130 Scott Road

DateEvent & SourcePriceAppreciation
Aug 22, 2022

Sold

SDMLS #IV21077309

$750,000
Aug 22, 2022

Sold

CRMLS #IV21077309

$750,000
Aug 22, 2022

Sold

CLAW #IV21077309MR

$750,000
DateEvent & SourcePrice
08/22/2022

Sold

SDMLS #IV21077309

$750,000
08/22/2022

Sold

CRMLS #IV21077309

$750,000
08/22/2022

Sold

CLAW #IV21077309MR

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 27130 Scott Road

This home is within Menifee Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Chester W. Morrison Elementary School
PublicK to 5

Menifee Valley Middle School
Public6 to 8

Pinacate Middle School
Public7 to 8

Paloma Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 27130 Scott Road, Menifee, CA 92584
$750,000
397,267
$177,500
101,930
$360,000
2
2
1,664
89,733
$565,000
2
1,620
98,010
$215,000
79,279
$570,000
3
1,344
44,867

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER COMMERCIAL SC, BRANDON SUDWEEKS, DRE #01435174

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.