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106 Fernpine Lane, Pomona, California 91767, Pomona, 91767 - 4 bed, 3 bath

106 Fernpine Lane, Pomona, California 91767 home-pic-0
ACTIVE$859,000
106 Fernpine Lane, Pomona, California 91767
4Beds
3Baths
2,290Sqft
5,684Lot

Price Vs. Estimate

The estimated value ($859,000) is $0 (0%) lower than the list price ($859,000). This property may be overpriced.

Key pros and cons

Top Pros:
Gated Community & Desirable Location: Located in 'The Grove' in North Pomona, a lovely gated community offering enhanced security and a sought-after address.
Top Cons:
As-Is Condition: The property is sold in its current condition, which may necessitate immediate investment for repairs or desired upgrades by the buyer.

Compared to the nearby listings

Price:$859.0K vs avg $675.0K (+$184,000)93%
Size:2,290 sqft vs avg 1,402 sqft96%
Price/sqft:$375 vs avg $50311%

More Insights

Built in 2005 (20 years old).
Condition: The property was built in 2005, making it 19 years old, which aligns with the 'Good' condition criteria (built within 10 to 20 years). The single exterior image shows a well-maintained home with no visible signs of disrepair. While interior images for kitchen and bathroom conditions, appliances, and flooring are not provided, the age suggests that major systems are functional and within their expected lifespan, making it move-in ready without immediate major renovations.
Year Built
2005
Close
-
List price
$859K
Original List price
$859K
Price/Sqft
$375
HOA
$150
Days on market
-
Sold On
-
MLS number
SR25218190
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Welcome to The Grove in North Pomona, a lovely gated community which is where this exceptional property is located. This home offers an open floor plan with high ceilings in the living room-dining area. Great for entertaining, the kitchen is adjacent to the family room complete with a cozy fireplace. Upstairs, you'll find a loft area great for an office, play area, or exercise space. The master bedroom is a wonderful retreat with ample closet space as well as a lovely bathroom complete with a well-equipped vanity area, tub, and separate shower. The conveniently located upstairs laundry room comes equipped with a sink and ample cabinetry for storage. Another community plus is the refreshing community pool located near by. Property is sold in its current condition.

Condition Rating
Good
The property was built in 2005, making it 19 years old, which aligns with the 'Good' condition criteria (built within 10 to 20 years). The single exterior image shows a well-maintained home with no visible signs of disrepair. While interior images for kitchen and bathroom conditions, appliances, and flooring are not provided, the age suggests that major systems are functional and within their expected lifespan, making it move-in ready without immediate major renovations.
Pros & Cons

Pros

Gated Community & Desirable Location: Located in 'The Grove' in North Pomona, a lovely gated community offering enhanced security and a sought-after address.
Modern Open Floor Plan & High Ceilings: Features an open floor plan with high ceilings in the living/dining area, creating a spacious and contemporary feel ideal for entertaining.
Versatile Living Spaces: Includes a flexible upstairs loft perfect for an office or play area, and a family room adjacent to the kitchen with a cozy fireplace.
Community Amenities: Residents benefit from access to a refreshing community pool, adding recreational value and lifestyle appeal.
Potential for Immediate Equity: The property is listed below its estimated market value ($859,000 vs. $921,010.06), suggesting a strong investment opportunity for potential equity.

Cons

As-Is Condition: The property is sold in its current condition, which may necessitate immediate investment for repairs or desired upgrades by the buyer.
Monthly HOA Fees: A monthly association fee of $150 adds to the ongoing cost of homeownership, which buyers should factor into their budget.
Limited Private Outdoor Space: While offering community amenities, the property description does not emphasize extensive private yard space, which may not suit buyers desiring a large personal outdoor area.

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