1113 Buckingham Drive, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 3 bath

1113 Buckingham Drive, Thousand Oaks, California 91360 home-pic-0
ACTIVE UNDER CONTRACT$949,000$2,343/sqft
Est. Value: $1,040,242
9%
BelowEstimate
1113 Buckingham Drive, Thousand Oaks, California 91360
4Beds
3Baths
2,343Sqft
11,325Lot

Price Vs. Estimate

The estimated value ($1,040,242.17) is $91,242.17 (9%) higher than the list price ($949,000). This property may be underpriced.

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 = 11325, living area = 2343.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2343, other record living area = 1930. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$949.0K vs avg $1.09M ($-141,000)29%
Size:2,343 sqft vs avg 2,118 sqft68%
Price/sqft:$405 vs avg $5408%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, this property has undergone extensive and recent major system upgrades, including re-plumbed copper pipes, rewired electrical with a 200W panel, a replaced roof, newer furnace, replaced sewer line, and a pool re-plastered in 2021 with new equipment. These significant updates make the home functionally sound and move-in ready. While the kitchen and bathrooms feature granite countertops and tiled showers, their overall style, including the wood cabinets, older appliances, and some light fixtures, appears dated and would benefit from cosmetic updates to meet current aesthetic trends. The flooring is a mix of well-maintained hardwood, carpet, and linoleum. The lack of a mentioned central cooling system is a notable weakness. However, the comprehensive updates to critical infrastructure elevate its condition beyond 'Fair', making it a 'Good' property that is well-maintained and requires no immediate functional renovations, though a buyer might desire aesthetic modernizations.
Year Built
1964
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$405
HOA
-
Days on market
-
Sold On
-
MLS number
226000061
Home ConditionGood
Features
Pool
Patio
View-

About this home

Eton Square is a small tract of approx. 22 homes. This builder built the homes with raised foundations and plaster interior walls. Quiet location with private rear yard. 4th bedroom is large (420sqft, permitted) and could be used as a family room or separate studio. It has an attached 1/2 bath but a shower could be added easily. Large closet area has the doors off. This room is completely separate from the other bedrooms. Inside laundry room. Attached garage. Home was re-plumbed with copper pipes. House has also been rewired and electrical panel was upgraded to 200W. (all with permits). Large swimmers Pool has be re-plastered (2021) with pebble tech and also the pool equipment is newer plus a brand new pool heater. Roof was replaced as well. Newer furnace and sewer line was replaced.

B
Bryan Scott
Listing Agent

Nearby schools

4/10
Glenwood Elementary School
Public,K-50.1mi
6/10
Redwood Middle School
Public,6-80.8mi
7/10
Thousand Oaks High School
Public,9-121.3mi
Condition Rating
Good

Despite being built in 1964, this property has undergone extensive and recent major system upgrades, including re-plumbed copper pipes, rewired electrical with a 200W panel, a replaced roof, newer furnace, replaced sewer line, and a pool re-plastered in 2021 with new equipment. These significant updates make the home functionally sound and move-in ready. While the kitchen and bathrooms feature granite countertops and tiled showers, their overall style, including the wood cabinets, older appliances, and some light fixtures, appears dated and would benefit from cosmetic updates to meet current aesthetic trends. The flooring is a mix of well-maintained hardwood, carpet, and linoleum. The lack of a mentioned central cooling system is a notable weakness. However, the comprehensive updates to critical infrastructure elevate its condition beyond 'Fair', making it a 'Good' property that is well-maintained and requires no immediate functional renovations, though a buyer might desire aesthetic modernizations.
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 = 11325, living area = 2343.
Extensive System Upgrades: The home boasts significant and costly updates including re-plumbed copper pipes, rewired electrical with an upgraded 200W panel (all permitted), a newer furnace, and a replaced sewer line, providing peace of mind for major systems.
Updated Pool & Equipment: The large swimmers pool was recently re-plastered with pebble tech (2021), features newer equipment, and a brand new pool heater, offering a modern and well-maintained recreational amenity.
Flexible Living Space: A large (420 sqft, permitted) 4th bedroom with an attached 1/2 bath offers versatile use as a family room, separate studio, or potential guest suite, enhancing the property's functionality.
Quality Construction & Private Setting: Original construction includes raised foundations and plaster interior walls, situated in a quiet location with a private rear yard within the small, exclusive Eton Square tract.
Recent Roof Replacement: The roof has been replaced, eliminating a major potential expense and providing long-term durability and protection for the home.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2343, other record living area = 1930. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Elementary School Rating: The assigned Glenwood Elementary School has a rating of 4, which may be a consideration for buyers prioritizing higher-rated elementary education options.
Lack of Mentioned Cooling System: The property description does not mention a central cooling system, which could be a significant drawback during warmer months in Thousand Oaks and may require future installation.
Partial Bathroom in Flexible Space: While the 4th bedroom has a 1/2 bath, adding a shower to make it a fully self-contained studio or guest suite would require additional investment and renovation.
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