Welcome to Valera Street, where endless possibilities await on this pristine vacant lot! Spanning just under 5 acres and located right off highway 74 with easy access to the 215 freeway this expansive parcel of land offers a canvas for your dream project. Situated in the heart of Menifee, this flat terrain provides a seamless foundation for your vision to come to life. With the added convenience of a water line already on-site, your development plans are set to flow smoothly from concept to reality. Don't miss out on this rare chance to shape your future in Menifee. Water line on plot of land. Utilities near by.
Property Details
Property Features
Listing Office:
Office Name: Nest Real Estate
Office Email: Alvaronm.realtor@gmail.com
Listing Agent: Alvaro Najera Montalvan
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 4.90 Acres
Other
Directions Information:
Directions: Navigate to 29098 Varela Ln Menifee, CA 92585 property is fenced and adjacent to this lot.
Price Information
Listing Price Info
Price Summary:
List Price: $480,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Menifee, CA.
This property is $100K less than the Median Sold Price in Menifee, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SW24055572
Listing Office:
Office Name: Nest Real Estate
Office Email: Alvaronm.realtor@gmail.com
Listing Agent: Alvaro Najera Montalvan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,463
Per Month
Principal & Interest
$2,396
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,506
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Freedom Crest Elementary School
29282 Menifee Rd
Distance between this listing and this school0.53 miles
Public District Grades KG-5
8
/10
Quail Valley Elementary School
23757 Canyon Heights Dr
Distance between this listing and this school0.78 miles
Public District Grades KG-5
6
/10
Callie Kirkpatrick Elementary School
28800 Reviere Dr
Distance between this listing and this school0.87 miles
Public District Grades KG-5
Nearby Schools
5
/10
Bell Mountain Middle School
28525 La Piedra Rd
Distance between this listing and this school1.50 miles
Public District Grades 6-8
3
/10
Ethan A. Chase Middle School
28100 Calm Horizon Dr
Distance between this listing and this school2.29 miles
Public District Grades 6-8
5
/10
Hans Christensen Middle School
27625 Sherman Rd
Distance between this listing and this school2.72 miles
Public District Grades 6-8
Nearby Schools
7
/10
Santa Rosa Academy
27587 La Piedra Rd
Distance between this listing and this school2.13 miles
Public Charter Grades KG-12
7
/10
Paloma Valley High School
31375 Bradley Rd
Distance between this listing and this school3.18 miles
Public District Grades 9-12
5
/10
Heritage High School
26001 Briggs Rd
Distance between this listing and this school3.43 miles
The neighbors living near this home have an average income of $93,750. The most common annual income of people living in Menifee, CA is between $100k-200k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Valera Ln
What is the listing price of this property?
The listing price of 0 Valera Ln property is $480,000.
What type of property is this?
The property 0 Valera Ln is land located in Menifee, California, 92585.
Is this property for sale now?
Active Listing: 0 Valera Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Valera Ln in Menifee, CA and zip code 92585 in the Menifee Greens neighborhood. This home sits on a 4.90 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $480,000.
In November 2024 more than 43 listings in Menifee, CA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 48 were sold below. Between October 2024 and November 2024, Menifee, CA real estate market has seen decrease in the number of listings by 3.4%. The median list price of listings available in November 2024 was $580,034, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.