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1031 S Palmetto N1, Ontario, California 91762, Ontario, 91762 - 2 bed, 3 bath

1031 S Palmetto N1, Ontario, California 91762 home-pic-0
ACTIVE$490,000$1,107/sqft
1031 S Palmetto N1, Ontario, California 91762
2Beds
3Baths
1,107Sqft
1,107Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Move-in Ready & Upgraded: This condo is turn-key and move-in ready, featuring upgraded bathrooms, stainless steel kitchen appliances (including refrigerator, built-in microwave, washer, and dryer), and modern tile and luxury vinyl flooring throughout, minimizing immediate buyer expenses.
Top Cons:
Age of Property: Built in 1986, the property is nearly 40 years old. While cosmetically updated, some original building systems (e.g., plumbing, electrical, HVAC) may be nearing the end of their expected lifespan, potentially requiring future maintenance or replacement.

Compared to the nearby listings

Price:$490.0K vs avg $527.4K ($-37,402.5)33%
Size:1,107 sqft vs avg 1,181 sqft44%
Price/sqft:$443 vs avg $42160%

More Insights

Built in 1986 (40 years old).
Condition: This 1986-built condo is move-in ready with significant cosmetic updates. The bathrooms have been upgraded with modern tiling and fixtures, including a stylish walk-in shower. The kitchen features stainless steel appliances and white cabinets, though the tile countertops are a slightly dated element. Luxury vinyl plank and tile flooring throughout provide a modern and low-maintenance finish. While the property's age suggests some underlying systems may be older, the visible updates and overall well-maintained condition place it firmly in the 'Good' category, requiring no immediate renovations.
Year Built
1986
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$443
HOA
$460
Days on market
-
Sold On
-
MLS number
IG26011998
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to this Turn-key move in ready 2-bedroom, 2.5 bath condo located in the heart of Ontario, CA. Ideally situated for commuters, this home offers easy access to major freeways, 60, I-15, I-10 and I 215 and 91. Making travel to Los Angeles and Orange County a breeze. This home offers upgraded bathrooms, large bedrooms and soaring high ceilings in the living room area that create and open, airy feel. The inviting living room includes a cozy fireplace and step out to a cozy patio for a relaxing evening. The kitchen is equipped with stainless steel appliances. The refrigerator, built in microwave, and washer and dryer are included with the price. Tile and luxury vinyl throughout for a modern and low maintenance lifestyle. Close to shopping, dining, and everyday amenities, this property combines comfort, style, low tax rate and HOA fee includes, water, sewer and trash. A must-see home move in ready and waiting for you! FHA/VA approved. Seller and Listing broker do not guarantee the accuracy of the square footage or room size/dimensions. Buyers and Selling brokers are advised to verify the accuracy, perform own investigations and due diligence on all aspects of the property. Send RPA, POF, and preapproval to Mkacostahome12@gmail.com.

K
Kathleen Acosta
Listing Agent

Nearby schools

6/10
Mission Elementary School
Public,•K-6•1.0mi
5/10
Oaks Middle School
Public,•7-8•0.6mi
6/10
Ontario High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
10/22/99
Sold
$88,000
11/18/22
Sold
$452,000
11/24/20
Sold
$325,000
Condition Rating
Good
This 1986-built condo is move-in ready with significant cosmetic updates. The bathrooms have been upgraded with modern tiling and fixtures, including a stylish walk-in shower. The kitchen features stainless steel appliances and white cabinets, though the tile countertops are a slightly dated element. Luxury vinyl plank and tile flooring throughout provide a modern and low-maintenance finish. While the property's age suggests some underlying systems may be older, the visible updates and overall well-maintained condition place it firmly in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Move-in Ready & Upgraded: This condo is turn-key and move-in ready, featuring upgraded bathrooms, stainless steel kitchen appliances (including refrigerator, built-in microwave, washer, and dryer), and modern tile and luxury vinyl flooring throughout, minimizing immediate buyer expenses.
Excellent Commuter Location: Strategically located with easy access to major freeways (60, I-15, I-10, I-215, and 91), making commutes to Los Angeles and Orange County exceptionally convenient for residents.
Favorable Financials & Inclusions: The property boasts a low tax rate and an HOA fee that includes water, sewer, and trash, offering predictable monthly expenses. Additionally, it is FHA/VA approved, broadening the potential buyer pool.
Modern & Spacious Interior Features: The interior offers large bedrooms, soaring high ceilings in the living room creating an open and airy feel, and a cozy fireplace, enhancing comfort and aesthetic appeal. A private, cozy patio provides a relaxing outdoor space.
Proximity to Amenities & Schools: Conveniently located close to shopping, dining, and everyday amenities. The property is also situated near well-rated public schools (Mission Elementary, Oaks Middle, Ontario High) with good ratings and close proximity.

Cons

Age of Property: Built in 1986, the property is nearly 40 years old. While cosmetically updated, some original building systems (e.g., plumbing, electrical, HVAC) may be nearing the end of their expected lifespan, potentially requiring future maintenance or replacement.
Condo Lifestyle Limitations: As a condominium, the property entails shared walls, potential HOA rules and restrictions, and limited private outdoor space beyond the 'cozy patio,' which may not appeal to buyers seeking more privacy or a larger yard.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which is functional but lacks the premium scenic or panoramic vistas that some buyers prioritize, potentially limiting its appeal to those seeking a distinctive outlook.
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