1014 Bancroft Rd, Concord, California 94518, Concord, 94518 - 3 bed, 2 bath

1014 Bancroft Rd, Concord, California 94518 home-pic-0
ACTIVE$499,000
1014 Bancroft Rd, Concord, California 94518
3Beds
2Baths
1,386Sqft
1,220Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
End-Unit Advantage: As an end-unit townhome, it offers enhanced privacy, reduced noise, and potentially more natural light compared to interior units.
Top Cons:
High Monthly HOA Fee: A substantial association fee of $435.0 per month adds significantly to the overall monthly housing cost for potential buyers.

Compared to the nearby listings

Price:$499.0K vs avg $635.0K ($-136,000)40%
Size:1,386 sqft vs avg 1,339 sqft80%
Price/sqft:$360 vs avg $50440%

More Insights

Built in 1964 (61 years old).
Condition: The property, built in 1964, has undergone significant updates that make it move-in ready. The description highlights a 'beautifully updated kitchen,' rich wood flooring, dual-pane windows, recessed lighting, and crown molding. The kitchen, while not ultra-modern in style (wood cabinets, granite-look countertops), is clean, functional, and includes a newer stainless steel dishwasher. Bathrooms are clean and functional but basic, featuring standard fixtures and a fiberglass shower stall. The overall interior is well-maintained with minimal wear and tear. However, the building's age and the visible window AC units (suggesting a lack of central air conditioning) prevent an 'Excellent' rating. The renovations appear to be within the 5-15 year timeframe, aligning with the 'Good' condition criteria.
Year Built
1964
Close
-
List price
$499K
Original List price
$545K
Price/Sqft
$360
HOA
$435
Days on market
-
Sold On
-
MLS number
41106305
Home ConditionGood
Features
Good View:
Deck
Patio
View-

About this home

Stylish End-Unit Townhome in Prime Colony Park Location! This spacious 2-story home offers peace and privacy at the back of the complex with serene greenbelt views. Inside, enjoy a beautifully updated kitchen, rich wood flooring, dual-pane windows, recessed lighting, crown molding, and tasteful neutral tones throughout. Thoughtful features like ceiling fans, two private patios, and a primary suite with a private deck overlooking the pool and greenery make this home both comfortable and inviting. A rare end-unit opportunity in an excellent community — Don’t miss it!

Nearby schools

2/10
Fair Oaks Elementary School
Public,K-50.3mi
2/10
Ygnacio Valley Elementary School
Public,K-51.4mi
2/10
Oak Grove Middle School
Public,6-80.9mi
5/10
Pleasant Hill Middle School
Public,6-81.0mi
4/10
Ygnacio Valley High School
Public,9-121.5mi
Condition Rating
Good

The property, built in 1964, has undergone significant updates that make it move-in ready. The description highlights a 'beautifully updated kitchen,' rich wood flooring, dual-pane windows, recessed lighting, and crown molding. The kitchen, while not ultra-modern in style (wood cabinets, granite-look countertops), is clean, functional, and includes a newer stainless steel dishwasher. Bathrooms are clean and functional but basic, featuring standard fixtures and a fiberglass shower stall. The overall interior is well-maintained with minimal wear and tear. However, the building's age and the visible window AC units (suggesting a lack of central air conditioning) prevent an 'Excellent' rating. The renovations appear to be within the 5-15 year timeframe, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

End-Unit Advantage: As an end-unit townhome, it offers enhanced privacy, reduced noise, and potentially more natural light compared to interior units.
Extensive Interior Updates: The home boasts a beautifully updated kitchen, rich wood flooring, dual-pane windows, recessed lighting, crown molding, and tasteful neutral tones, providing a modern and move-in ready appeal.
Prime Community Location: Situated in the 'Colony Park' subdivision, described as a 'prime' and 'excellent community,' suggesting a desirable neighborhood with good amenities.
Private Outdoor Spaces & Views: Features two private patios and a primary suite with a private deck, offering serene greenbelt and pool views, enhancing comfort and livability.
Competitive Price Adjustment: The property has undergone multiple price reductions from its original list price, now offering a more competitive and attractive value proposition for buyers.

Cons

High Monthly HOA Fee: A substantial association fee of $435.0 per month adds significantly to the overall monthly housing cost for potential buyers.
Older Building Age: Constructed in 1964, the property's age, despite interior updates, may raise concerns for some buyers regarding potential future maintenance of original systems or structural components.
History of Price Reductions: Multiple price drops from the initial listing price could indicate a prolonged market presence or initial overpricing, potentially leading to buyer skepticism or negotiation leverage.

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