1124 W 11th, San Bernardino, California 92411, San Bernardino, 92411 - bed, bath
ACTIVE$479,990
1124 W 11th, San Bernardino, California 92411
0Bed
0Bath
880Sqft
6,615Lot
Price Vs. Estimate
The estimated value ($472,923.935) is $7,066.065 (1%) lower than the list price ($479,990). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size: The property boasts a substantial 6,615 sqft lot, offering ample outdoor space for landscaping, gardening, potential expansion, or recreational activities.
Top Cons:
Compact Interior Space: With only 880 sqft of living area, the interior space is quite small, which may limit its suitability for larger households or those requiring more functional room.
Compared to the nearby listings
Price:$480.0K vs avg $440.0K (+$39,990)73%
Size:880 sqft vs avg 1,100 sqft27%
Price/sqft:$545 vs avg $39490%
More Insights
Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone extensive and very recent renovations, likely within the last 5 years. The images showcase modern, updated kitchens with white shaker cabinets, contemporary countertops, and stainless steel appliances. New LVP flooring is consistent throughout, complemented by fresh paint and recessed lighting. The presence of modern mini-split AC units indicates updated cooling/heating systems. The bathrooms are clean and functional, and new stacked washer/dryer units are visible. The overall interior condition is virtually new, meeting current quality standards.
Year Built
1924
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
IV25273028
Home ConditionExcellent
Features
Patio
View-
About this home
Price History
Date
Event
Price
09/19/22
Sold
$320,000
03/04/10
Sold
$40,000
02/18/10
Sold
$40,000
02/27/06
Sold
$269,000
Condition Rating
Excellent
Despite being built in 1924, this property has undergone extensive and very recent renovations, likely within the last 5 years. The images showcase modern, updated kitchens with white shaker cabinets, contemporary countertops, and stainless steel appliances. New LVP flooring is consistent throughout, complemented by fresh paint and recessed lighting. The presence of modern mini-split AC units indicates updated cooling/heating systems. The bathrooms are clean and functional, and new stacked washer/dryer units are visible. The overall interior condition is virtually new, meeting current quality standards.
Pros & Cons
Pros
Generous Lot Size: The property boasts a substantial 6,615 sqft lot, offering ample outdoor space for landscaping, gardening, potential expansion, or recreational activities.
Outdoor Living Amenity: The presence of a patio enhances the property's appeal, providing a dedicated space for outdoor relaxation, dining, and entertaining.
Historic Character Potential: Built in 1924, the home offers the opportunity for unique architectural features and a sense of history, which can be highly desirable for buyers seeking classic charm.
Single-Family Residence: As a single-family residence, the property provides privacy and full ownership of the land, a highly sought-after characteristic in the residential market.
Market Appreciation Potential: The significant increase in list price from its 2022 sale ($320,000 to $479,990) suggests strong market demand or substantial value-add improvements, indicating potential for continued appreciation.
Cons
Compact Interior Space: With only 880 sqft of living area, the interior space is quite small, which may limit its suitability for larger households or those requiring more functional room.
Age-Related System Concerns: Built in 1924, the property likely features older infrastructure (plumbing, electrical, HVAC) that may require significant investment for updates, repairs, or modernization in the near future.
Aggressive Pricing Strategy: The current list price of $479,990 represents a substantial 50% increase from its 2022 sale price of $320,000, which may be perceived as aggressive and could require strong justification through recent, high-value renovations or market comparables.