1042 W Mcfadden Avenue, Santa Ana, California 92707, Santa Ana, 92707 - 5 bed, 4 bath
ACTIVE$1,350,000
1042 W Mcfadden Avenue, Santa Ana, California 92707
5Beds
4Baths
3,649Sqft
10,000Lot
Price Vs. Estimate
The estimated value ($1,140,941.415) is $209,058.585 (15%) lower than the list price ($1,350,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Living Space: Boasting 5 bedrooms, 4 bathrooms, and 3649 sqft, this single-story home offers substantial living space, ideal for large families or those requiring ample room for various needs.
Top Cons:
Significant Overpricing: The current list price of $1.35M is 15% above the estimated property value of $1.14M, suggesting it may be overpriced and could face challenges in attracting buyers.
Compared to the nearby listings
Price:$1.35M vs avg $871.5K (+$478,500)91%
Size:3,649 sqft vs avg 1,400 sqft94%
Price/sqft:$370 vs avg $6596%
More Insights
Built in 1945 (80 years old).
Condition: The property was built in 1945, making it 79 years old. The listing description is entirely devoid of any information regarding renovations, particularly for key areas like the kitchen and bathrooms, or major systems (appliances, flooring, cooling/heating, electrical). The provided images are exclusively exterior shots, offering no insight into the interior condition. The property analysis explicitly notes 'Age and Potential for Updates' and 'Lack of Detailed Condition Information.' Given the age and the complete absence of renovation details, it is highly probable that the interior, especially the kitchen and bathrooms, are severely outdated and require substantial repairs and rehabilitation to meet modern standards and comfort. While not explicitly stated as unsafe, the lack of updates for such an old property suggests a significant need for modernization and potential system replacements, aligning with the 'Poor' condition criteria.
Year Built
1945
Close
-
List price
$1.35M
Original List price
$1.3M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
DW25036495
Home ConditionPoor
Features
View-
About this home
Amazing single-story family!!!! Located in the well established South Coast Metro/Sandpointe neighborhood just minutes from South Coast Plaza and 5 miles from (UCI) University of California. This home boasts 5 bedroom and 3 baths. Do not miss out on this rare oppportunity. Come see it today and fall in love!!!
Nearby schools
5/10
Martin Elementary School
Public,•K-5•0.3mi
4/10
Pio Pico Elementary School
Public,•K-5•0.3mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.4mi
4/10
Jose Sepulveda Elementary School
Public,•K-5•0.8mi
4/10
Monte Vista Elementary School
Public,•K-5•1.1mi
5/10
Diamond Elementary School
Public,•K-5•1.1mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.6mi
3/10
Gerald P. Carr Intermediate School
Public,•6-8•1.0mi
3/10
Santa Ana High School
Public,•9-12•0.8mi
4/10
Valley High School
Public,•9-12•1.4mi
6/10
Saddleback High School
Public,•7-12•1.7mi
Condition Rating
Poor
The property was built in 1945, making it 79 years old. The listing description is entirely devoid of any information regarding renovations, particularly for key areas like the kitchen and bathrooms, or major systems (appliances, flooring, cooling/heating, electrical). The provided images are exclusively exterior shots, offering no insight into the interior condition. The property analysis explicitly notes 'Age and Potential for Updates' and 'Lack of Detailed Condition Information.' Given the age and the complete absence of renovation details, it is highly probable that the interior, especially the kitchen and bathrooms, are severely outdated and require substantial repairs and rehabilitation to meet modern standards and comfort. While not explicitly stated as unsafe, the lack of updates for such an old property suggests a significant need for modernization and potential system replacements, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Generous Living Space: Boasting 5 bedrooms, 4 bathrooms, and 3649 sqft, this single-story home offers substantial living space, ideal for large families or those requiring ample room for various needs.
Large Lot Size: The property sits on a spacious 10,000 sqft lot, providing significant outdoor potential for landscaping, entertaining, or future expansion in a desirable urban setting.
Prime Location: Located in the well-established South Coast Metro/Sandpointe neighborhood, it offers convenient access to South Coast Plaza and the University of California, Irvine (UCI).
Single-Story Design: The single-story layout enhances accessibility and offers a comfortable, stair-free living experience, appealing to a broad range of buyers.
Excellent School Proximity: The home is situated within a short distance of highly-rated elementary schools like Martin Elementary (5/10) and Pio Pico Elementary (4/10), a strong draw for families.
Cons
Significant Overpricing: The current list price of $1.35M is 15% above the estimated property value of $1.14M, suggesting it may be overpriced and could face challenges in attracting buyers.
Age and Potential for Updates: Built in 1945, the property is an older home. The description lacks details on recent renovations or system upgrades, implying potential for significant modernization and maintenance costs.
Lack of Detailed Condition Information: The brief and enthusiastic description provides minimal specific information about the interior condition, finishes, or major system updates, which may deter buyers seeking transparency or move-in ready properties.