10505 E Avenue S, Littlerock, California 93543, Littlerock, 93543 - 3 bed, 2 bath
ACTIVE$359,000
10505 E Avenue S, Littlerock, California 93543
3Beds
2Baths
1,513Sqft
3,963.96Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Significant Investment Potential: The current list price of $359,000 is substantially lower than its last recorded sale price of $540,000 in June 2023, presenting a strong opportunity for immediate equity gain for a buyer willing to navigate the short sale process.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3963, other record lot size in square feet = 39599. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$359.0K vs avg $512.5K ($-153,500)18%
Size:1,513 sqft vs avg 1,578 sqft50%
Price/sqft:$237 vs avg $33314%
More Insights
Built in 1953 (72 years old).
Condition: Despite being built in 1953, this property has undergone an extensive and very recent renovation. The images clearly show a fully updated interior with new light-colored laminate flooring throughout, fresh light gray paint, modern white shaker kitchen cabinets, new white countertops, and new stainless steel appliances. Both bathrooms feature new floating vanities, modern fixtures, and tiled showers. Windows and interior/exterior doors appear new, and light fixtures are modern ceiling fans or recessed lighting. All visible components are new or virtually new, meeting current quality standards, indicating a complete overhaul.
Year Built
1953
Close
-
List price
$359K
Original List price
$359K
Price/Sqft
$237
HOA
-
Days on market
-
Sold On
-
MLS number
PW25259910
Home ConditionExcellent
Features
Patio
View-
About this home
Notice of Default, Short sale Home for sale. Contact agent for access information or private showing.
Price History
Date
Event
Price
07/21/00
Sold
$87,500
06/09/23
Sold
$540,000
12/29/21
Sold
$255,000
Condition Rating
Excellent
Despite being built in 1953, this property has undergone an extensive and very recent renovation. The images clearly show a fully updated interior with new light-colored laminate flooring throughout, fresh light gray paint, modern white shaker kitchen cabinets, new white countertops, and new stainless steel appliances. Both bathrooms feature new floating vanities, modern fixtures, and tiled showers. Windows and interior/exterior doors appear new, and light fixtures are modern ceiling fans or recessed lighting. All visible components are new or virtually new, meeting current quality standards, indicating a complete overhaul.
Pros & Cons
Pros
Significant Investment Potential: The current list price of $359,000 is substantially lower than its last recorded sale price of $540,000 in June 2023, presenting a strong opportunity for immediate equity gain for a buyer willing to navigate the short sale process.
Desirable Property Type: As a Single Family Residence, the property offers privacy, autonomy, and is generally a preferred housing option with good long-term appreciation potential in the market.
Functional Layout: With 3 bedrooms and 2 bathrooms across 1513 square feet, the home provides a practical and comfortable living space suitable for families or individuals.
Established Neighborhood: Built in 1953, the property is situated in an older, likely more settled neighborhood, which often comes with mature infrastructure and a sense of community.
Renovation Opportunity: Given its age and distressed sale status, the property offers a blank canvas for buyers to personalize, modernize, and add significant value through renovations.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3963, other record lot size in square feet = 39599. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Complex Short Sale/Default Status: The 'Notice of Default' and 'Short sale' designation indicates a complex transaction, potential for lengthy approval processes from lenders, and uncertainty regarding closing, requiring a patient and experienced buyer.
Advanced Age of Property: Built in 1953, the home is over 70 years old, suggesting that major systems (plumbing, electrical, HVAC, roof) and finishes are likely original or significantly aged, necessitating substantial renovation costs and potential deferred maintenance.
Limited Access for Showings: The description 'Contact agent for access information or private showing' implies restricted or difficult access, which can hinder potential buyers from thoroughly evaluating the property and may prolong the sales process.