1016 E Lemon, Lompoc, CA 93436, Lompoc, 93436 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$560,000$1,697/sqft
Est. Value: $617,503
10%
BelowEstimate
1016 E Lemon, Lompoc, CA 93436
3Beds
2Baths
1,697Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($617,502.98) is $57,502.98 (10%) higher than the list price ($560,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime & Central Location: The property boasts a prime and centrally located position, offering easy access to local schools and shopping amenities, enhancing convenience for residents.
Top Cons:
Age of Property & Potential System Updates: Built in 1962, the property's age suggests that major systems (e.g., HVAC, electrical, plumbing, roof) may require inspection or future updates beyond the mentioned bathroom renovations.
Compared to the nearby listings
Price:$560.0K vs avg $610.0K ($-50,000)32%
Size:1,697 sqft vs avg 1,636 sqft57%
Price/sqft:$330 vs avg $35244%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962, this property is aged. While the bathrooms have been updated, the kitchen's condition is unspecified and likely original or very outdated, requiring a full renovation. Other major systems (HVAC, electrical, plumbing) are also likely original or very old, indicating a need for significant updates and inspections to meet modern standards. The exterior appears well-maintained, but the interior, particularly the kitchen and core systems, will require substantial investment.
Year Built
1962
Close
-
List price
$560K
Original List price
-
Price/Sqft
$330
HOA
$0
Days on market
-
Sold On
-
MLS number
NS26011623
Home ConditionFair
Features
View-
About this home
Welcome to 1016 E. Lemon Street. This home offers 1692 square feet of living space. With its prime location, this home combines cozy living spaces. This home features both a family room, with its inviting fireplace, perfect for cozy evenings, and a living room, offering another space to relax and entertain with family and friends. The three spacious bedrooms provide restful retreats, while the two updated bathrooms ensure convenience. Located on a corner lot, it is centrally located and provides easy access to schools and shopping.
R
Roberta Badertscher
Listing Agent
Price History
Date
Event
Price
11/18/20
Sold
$406,500
Condition Rating
Fair
Built in 1962, this property is aged. While the bathrooms have been updated, the kitchen's condition is unspecified and likely original or very outdated, requiring a full renovation. Other major systems (HVAC, electrical, plumbing) are also likely original or very old, indicating a need for significant updates and inspections to meet modern standards. The exterior appears well-maintained, but the interior, particularly the kitchen and core systems, will require substantial investment.
Pros & Cons
Pros
Prime & Central Location: The property boasts a prime and centrally located position, offering easy access to local schools and shopping amenities, enhancing convenience for residents.
Versatile Living Spaces: Featuring both a cozy family room with a fireplace and a separate living room, the home provides multiple distinct areas for relaxation and entertaining.
Updated Bathrooms: The two bathrooms have been updated, ensuring modern convenience and reducing immediate renovation needs for prospective buyers.
Corner Lot Advantage: Situated on a desirable corner lot, the property often benefits from increased privacy, natural light, and enhanced curb appeal.
No Association Fees: The absence of association fees is a significant financial advantage, saving homeowners from recurring monthly expenses typically associated with HOAs.
Cons
Age of Property & Potential System Updates: Built in 1962, the property's age suggests that major systems (e.g., HVAC, electrical, plumbing, roof) may require inspection or future updates beyond the mentioned bathroom renovations.
Active Under Contract Status: The property is currently 'Active Under Contract,' which means it is not immediately available for new offers and limits opportunities for interested buyers.
Unspecified Kitchen Condition: While bathrooms are updated, the description does not specify any updates to the kitchen, which may imply it retains its original 1962 design and could require future modernization.