1106 W Mauretania Street, Wilmington, California 90744, Wilmington, 90744 - 3 bed, 2 bath
ACTIVE$665,000
1106 W Mauretania Street, Wilmington, California 90744
3Beds
2Baths
1,030Sqft
5,852Lot
Price Vs. Estimate
The estimated value ($455,917.95) is $209,082.05 (31%) lower than the list price ($665,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Top Cons:
Substantial Overpricing: The current listing price of $665,000 is significantly above the estimated property value of $455,917.95 (a -31% estimation ratio), potentially hindering buyer interest and marketability.
Compared to the nearby listings
Price:$665.0K vs avg $690.8K ($-25,750)46%
Size:1,030 sqft vs avg 1,144.5 sqft33%
Price/sqft:$646 vs avg $57269%
More Insights
Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has been 'fully remodeled' with a 'beautiful kitchen, new floors, and new painting.' The images confirm a modern, high-quality renovation, featuring white shaker cabinets, stainless steel appliances, recessed lighting, and contemporary grey wood-look laminate flooring throughout. The bathrooms also showcase modern tiling and fixtures, indicating all visible components are new or virtually new, meeting current quality standards.
Year Built
1923
Close
-
List price
$665K
Original List price
$665K
Price/Sqft
$646
HOA
-
Days on market
-
Sold On
-
MLS number
IG24122055
Home ConditionExcellent
Features
View-
About this home
Great opportunity don't miss out. This property has been fully remodeled. Beautiful kitchen, new floors, new painting.
Nearby schools
6/10
Gulf Avenue Elementary School
Public,•K-5•0.3mi
4/10
Fries Avenue Elementary School
Public,•K-5•0.6mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•1.0mi
4/10
Normont Elementary School
Public,•K-5•1.0mi
3/10
George De La Torre Jr. Elementary School
Public,•K-5•1.1mi
4/10
Broad Avenue Elementary School
Public,•K-5•1.2mi
6/10
Harbor City Elementary School
Public,•K-5•1.6mi
4/10
Wilmington Park Elementary School
Public,•K-5•1.7mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•2.2mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.3mi
2/10
Barton Hill Elementary School
Public,•K-6•3.0mi
5/10
Del Amo Elementary School
Public,•K-5•3.8mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•19.6mi
5/10
Wilmington Middle School
Public,•6-8•0.6mi
8/10
Harry Bridges Span
Public,•K-8•0.9mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.1mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•2.8mi
4/10
Hudson K-8
Public,•K-8•3.3mi
4/10
Richard Henry Dana Middle School
Public,•6-8•4.2mi
5/10
Phineas Banning Senior High School
Public,•9-12•1.0mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•2.0mi
3/10
Cabrillo High School
Public,•9-12•3.5mi
6/10
San Pedro Senior High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
05/12/98
Sold
$122,500
12/12/22
Sold
$450,000
Condition Rating
Excellent
Despite being built in 1923, the property has been 'fully remodeled' with a 'beautiful kitchen, new floors, and new painting.' The images confirm a modern, high-quality renovation, featuring white shaker cabinets, stainless steel appliances, recessed lighting, and contemporary grey wood-look laminate flooring throughout. The bathrooms also showcase modern tiling and fixtures, indicating all visible components are new or virtually new, meeting current quality standards.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10).
Extensive Modern Remodel: The property boasts a 'fully remodeled' interior, including a 'beautiful kitchen, new floors, and new painting,' providing a turn-key, modern living experience.
Functional Layout: With 3 bedrooms and 2 bathrooms, the home offers a practical and desirable floor plan suitable for various household needs.
Generous Lot Size: The 5,852 sqft lot provides ample outdoor space, offering potential for gardening, entertaining, or future property enhancements like an Accessory Dwelling Unit (ADU).
Family-Friendly Location: The property benefits from close proximity to several schools, including Gulf Avenue Elementary (rated 6) and Wilmington Middle School (rated 5), enhancing its appeal to families.
Fresh Market Presence: Recently listed on June 14, 2024, the property is new to the market, which can generate strong initial buyer interest.
Cons
Substantial Overpricing: The current listing price of $665,000 is significantly above the estimated property value of $455,917.95 (a -31% estimation ratio), potentially hindering buyer interest and marketability.
Absence of Cooling System: The property description does not indicate the presence of a cooling system (e.g., central A/C), which could be a notable disadvantage and comfort concern during warmer months in California.
Age of Construction: Built in 1923, the home is over a century old. While recently remodeled, its age may raise concerns for some buyers regarding potential underlying infrastructure issues or higher long-term maintenance costs.