112 Gibson Ave, Bay Point, California 94565, Bay Point, 94565 - 4 bed, 3 bath
ACTIVE$605,000
112 Gibson Ave, Bay Point, California 94565
4Beds
3Baths
2,004Sqft
2,896Lot
Price Vs. Estimate
The estimated value ($508,526.515) is $96,473.485 (15%) lower than the list price ($605,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Living Space: The home offers a spacious 2,004 sqft with 4 bedrooms and 3 bathrooms, featuring a traditional floor plan that includes a living room, formal dining area, and a separate family room, providing ample room for a family.
Top Cons:
Small Lot Size: The 2,896 sqft lot is relatively compact for a 4-bedroom single-family home, which may limit outdoor space for gardening, recreation, or future expansion.
Compared to the nearby listings
Price:$605.0K vs avg $580.0K (+$25,000)59%
Size:2,004 sqft vs avg 1,497 sqft74%
Price/sqft:$302 vs avg $37620%
More Insights
Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old and appears to retain many of its original builder-grade finishes. The kitchen features light wood cabinets, black appliances, and laminate countertops, which are functional but aesthetically dated. Similarly, the bathrooms have light wood vanities and basic 'Hollywood strip' lighting, showing signs of being outdated. While the home is clean and well-maintained, and systems appear functional, the stylistic elements in key areas like the kitchen and bathrooms would likely prompt a buyer to consider minor updates to achieve a more contemporary look.
Year Built
2004
Close
-
List price
$605K
Original List price
$613K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
41113347
Home ConditionFair
Features
Patio
View-
About this home
Welcome to this spacious 4-bedroom, 3-bathroom home offering 2,004 sq! traditional floor plan with a living room, formal dining area, and a separate family room. This home is close to BART, shopping, and parks. No HOA. This is a must see.
Nearby schools
3/10
Bel Air Elementary School
Public,•K-5•0.6mi
3/10
Riverview Middle School
Public,•6-8•1.6mi
3/10
Mt. Diablo High School
Public,•9-12•6.3mi
Condition Rating
Fair
Built in 2004, this property is 20 years old and appears to retain many of its original builder-grade finishes. The kitchen features light wood cabinets, black appliances, and laminate countertops, which are functional but aesthetically dated. Similarly, the bathrooms have light wood vanities and basic 'Hollywood strip' lighting, showing signs of being outdated. While the home is clean and well-maintained, and systems appear functional, the stylistic elements in key areas like the kitchen and bathrooms would likely prompt a buyer to consider minor updates to achieve a more contemporary look.
Pros & Cons
Pros
Generous Living Space: The home offers a spacious 2,004 sqft with 4 bedrooms and 3 bathrooms, featuring a traditional floor plan that includes a living room, formal dining area, and a separate family room, providing ample room for a family.
No Homeowners Association (HOA): The absence of an HOA means no recurring monthly fees or restrictive covenants, offering significant financial savings and greater autonomy for the homeowner.
Excellent Commuter & Lifestyle Access: Its location close to BART, shopping centers, and local parks provides convenient access to transportation, essential amenities, and recreational opportunities.
Modern Construction Year: Built in 2004, the property is relatively new, suggesting updated building standards and potentially fewer immediate major maintenance or renovation needs compared to older homes.
Recent Price Adjustment: A recent price reduction from $613,000 to $605,000 indicates potential seller motivation and could make the property more appealing to value-conscious buyers.
Cons
Small Lot Size: The 2,896 sqft lot is relatively compact for a 4-bedroom single-family home, which may limit outdoor space for gardening, recreation, or future expansion.
Discrepancy with Estimated Value: The current listing price of $605,000 is approximately 15% higher than the estimated property value of $508,526, which could be a point of concern for buyers and impact negotiation.
Average School Performance: All nearby public schools (elementary, middle, and high) have a rating of 3, which is considered average and might not meet the expectations of buyers prioritizing highly-rated educational institutions.