10555 Elm Ave, Bloomington, California 92316, Bloomington, 92316 - 4 bed, 2 bath

10555 Elm Ave, Bloomington, California 92316 home-pic-0
ACTIVE$650,000$1,556/sqft
Est. Value: $629,937
-3%
AboveEstimate
10555 Elm Ave, Bloomington, California 92316
4Beds
2Baths
1,556Sqft
7,200Lot

Price Vs. Estimate

The estimated value ($629,937.185) is $20,062.815 (3%) lower than the list price ($650,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1556.
Top Cons:
Potential for Dated Systems/Finishes: Constructed in 1989, the property may require updates to major systems or interior finishes to align with contemporary buyer expectations, as no recent renovations are specified.

Compared to the nearby listings

Price:$650.0K vs avg $545.0K (+$105,000)79%
Size:1,556 sqft vs avg 1,345 sqft71%
Price/sqft:$418 vs avg $41055%

More Insights

Built in 1989 (37 years old).
Condition: The property, built in 1989, shows signs of regular upkeep but features largely outdated styles and finishes. The kitchen has wood-tone cabinets, older-style countertops, and a dated fluorescent light fixture, though the range appears to be a newer stainless steel appliance. Flooring is a mix of dated ceramic tile in main areas and one bedroom, with laminate in another. The bathroom vanity appears to be a more recent update, but the overall style and tile flooring remain dated. While functional and move-in ready, the home requires minor cosmetic updates to align with current trends and buyer expectations, fitting the 'fair' category.
Year Built
1989
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
IV26011466
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

Beautiful and charming home!!!! Featuring 4 bedrooms, 2 full bathrooms, and a 3-car garage. Conveniently located near shopping centers and with easy access to the I-10 freeway.

M
MARIA MORFIN
Listing Agent

Price History

Date
Event
Price
11/26/14
Sold
$265,000
Condition Rating
Fair

The property, built in 1989, shows signs of regular upkeep but features largely outdated styles and finishes. The kitchen has wood-tone cabinets, older-style countertops, and a dated fluorescent light fixture, though the range appears to be a newer stainless steel appliance. Flooring is a mix of dated ceramic tile in main areas and one bedroom, with laminate in another. The bathroom vanity appears to be a more recent update, but the overall style and tile flooring remain dated. While functional and move-in ready, the home requires minor cosmetic updates to align with current trends and buyer expectations, fitting the 'fair' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1556.
Functional Layout & Amenities: The home features a practical layout with 4 bedrooms, 2 bathrooms, and a 3-car garage, offering ample space and utility for a family.
Strategic Location: Conveniently located near shopping centers and with easy access to the I-10 freeway, enhancing daily convenience and commute.
Desirable City Lights View: The property boasts a 'City Lights' view, adding an attractive aesthetic and potential for increased market value.
Generous Lot Size: A substantial 7200 sqft lot provides ample outdoor space for recreation, landscaping, or potential future enhancements.
Established Community: Built in 1989, the property is situated within an established neighborhood, often implying mature landscaping and stable surroundings.

Cons

Potential for Dated Systems/Finishes: Constructed in 1989, the property may require updates to major systems or interior finishes to align with contemporary buyer expectations, as no recent renovations are specified.
Generic Description Lacks Detail: The listing description is broad ('Beautiful and charming') and lacks specific details about recent upgrades, interior features, or unique selling points, which could limit initial buyer interest without further information.
Undefined MLS Area: The '699 - Not Defined' MLS area code might present a minor challenge for precise comparative market analysis within a specific micro-neighborhood.
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