11124 Jasmine Way, Corona, California 92883, Corona, 92883 - 5 bed, 4 bath
ACTIVE$900,000
11124 Jasmine Way, Corona, California 92883
5Beds
4Baths
3,086Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($685,108.295) is $214,891.705 (23%) lower than the list price ($900,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Living Space: With 3,086 sq ft, 5 bedrooms, and a bonus den, the property offers ample room for large families or flexible living arrangements, including dedicated home office space.
Top Cons:
Significant Overpricing: The current list price of $900,000 is 23% above the estimated market value of $685,108, indicating a potential overvaluation compared to recent market data and comparable sales.
Compared to the nearby listings
Price:$900.0K vs avg $766.5K (+$133,500)79%
Size:3,086 sqft vs avg 2,210 sqft82%
Price/sqft:$292 vs avg $35914%
More Insights
Built in 2005 (20 years old).
Condition: The property was built in 2005, making it 20 years old. While the exterior appears well-maintained, the listing description lacks any mention of recent renovations or updates to key areas such as the kitchen and bathrooms. Without interior images or details on upgrades, it's reasonable to assume these areas are likely original or show signs of being outdated, requiring minor updates to meet current aesthetic and functional standards. This aligns with the 'Fair' criteria for a property built over 20 years ago with no major renovations since construction.
Year Built
2005
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
PW25134850
Home ConditionFair
Features
View-
About this home
Beautiful 5-bedroom, 3.5-bath home with a bonus den and 3,086 sq ft of living space in sunny Corona. This home offers a spacious layout, 4-car garage, and is perfect for families or those needing extra room to work from home. Enjoy the warm weather, great neighborhood, and easy access to local amenities.
Nearby schools
7/10
Ronald Reagan Elementary
Public,•K-6•15.0mi
7/10
Todd Elementary
Public,•K-8•0.5mi
5/10
Luiseno
Public,•K-8•3.0mi
7/10
El Cerrito Middle School
Public,•6-8•6.8mi
6/10
Temescal Canyon High School
Public,•9-12•7.6mi
8/10
Centennial High School
Public,•9-12•8.6mi
Condition Rating
Fair
The property was built in 2005, making it 20 years old. While the exterior appears well-maintained, the listing description lacks any mention of recent renovations or updates to key areas such as the kitchen and bathrooms. Without interior images or details on upgrades, it's reasonable to assume these areas are likely original or show signs of being outdated, requiring minor updates to meet current aesthetic and functional standards. This aligns with the 'Fair' criteria for a property built over 20 years ago with no major renovations since construction.
Pros & Cons
Pros
Generous Living Space: With 3,086 sq ft, 5 bedrooms, and a bonus den, the property offers ample room for large families or flexible living arrangements, including dedicated home office space.
Exceptional Garage Capacity: The rare 4-car garage provides significant value for vehicle storage, workshop space, or additional storage, setting it apart from many properties.
Family-Friendly Layout: The spacious layout and inclusion of a bonus den cater well to families and individuals needing versatile spaces for work or leisure.
Established Neighborhood Appeal: Located in a 'great neighborhood' with 'easy access to local amenities,' suggesting a desirable and convenient living environment.
Relatively Modern Construction: Built in 2005, the property benefits from more contemporary building standards and layouts compared to older housing stock in the area.
Cons
Significant Overpricing: The current list price of $900,000 is 23% above the estimated market value of $685,108, indicating a potential overvaluation compared to recent market data and comparable sales.
Absence of Noted Modern Upgrades/Amenities: The property description lacks mention of recent renovations, energy-efficient features (like solar), or access to community amenities (e.g., pools, clubhouses) that are highlighted in several comparable properties.
Lack of Scenic Views: The property explicitly states 'view: None,' which may be a drawback for buyers seeking desirable scenic views often found in the Corona area and offered by some comparables.