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24909 Madison, 2621, Murrieta, CA 92562

$420K3bd · 2ba · 1,232 sqft
Lot 1,580 sqft•HOA $370/mo•Condominium•
Active
•6d on market•MLS# SW-26218489

Property Description

Welcome to this spacious 3 bedroom 2 bathroom condo a well established vibrant community at the Madison Park Villas that offers a blend of comfort and modern living. This spacious layout is designed with sleek fixtures and ample space for a growing family, to enjoy peace and quiet or to even entertain guests.The contemporary kitchen with beautiful granite is equipped with plenty of cabinet space and for all of your culinary needs. This condo community offers all the amenities such as a club house, swimming pool, lounge areas and also a workout gym. Located nearby freeways, shopping, restaurants and entertainment. Conveniently located nearby parks, recreational facilities and reputable schools. A perfect combination of convenience and community living that has the opportunity of being yours! Come see for yourself!! Located in the heart of

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
City Lights
Roof
Composition
City
Murrieta
Zip Code
92562
County
Riverside
Listed byUnknown Office, Kandace Allbright

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,123.75
Principal & Interest
Loan Amount
$336,000
Total Interest
$428,549
Total Payment Over 30 Years
$764,549
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

24909 Madison, 2621, Murrieta, CA 92562

Murrieta · Condominium

$420K
Affordable Tier
Beds
3
Baths
2
Sqft
1,232
Lot
1,580 sqft
Year
2003
$/Sqft
$341
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 1-car✓

Listed 12.5% below the median closed sale of $480,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $420K· $341/sqft
Total list price
Closed comps
vs closed median $480K
−$60K (−12.5%)
Active comps
vs active median $435K
−$15K (−3.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $329
+$12 (+3.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24909 Madison AvenueMurrieta2003221,1590$332$385,0007487
41410 Juniper StreetMurrieta2005221,1591,428$302$349,9006287
35960 Lindstrand AveMurrieta2005221,1560$376$435,0006684
41880 Davenport WayMurrieta2004331,440899$332$478,00017778
41737 Ridgewalk St.Murrieta2005331,5480$304$470,0007078
Total: 5 · Average2.42.41,292.41,163.5$329.2$423,58089.8
Median1,159$435,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
24909 MadisonMurrieta200310/08/2026221,1590$314,900$320,000$2761.029986
26368 ArboretumMurrieta200408/29/2026221,0310$419,900$419,000$4061.005284
39183 Flamingo BayMurrieta200309/03/2026331,3871,849$485,000$480,000$3460.993483
26092 Mayfield Union WayMurrieta200308/31/2026321,6540$485,000$480,000$2900.9913580
35753 Starling Ave #1903Murrieta202209/11/2026321,4290$495,000$500,450$3501.013179
Total: 5 · Average2.62.21,3321,849$439,890$439,890$333.6—70.2
Median1,387$480,000$480,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.