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11254 Ada Avenue, Montclair, California 91763, Montclair, 91763 - 5 bed, 5 bath

11254 Ada Avenue, Montclair, California 91763 home-pic-0
ACTIVE$988,000
11254 Ada Avenue, Montclair, California 91763
5Beds
5Baths
2,699Sqft
5,636Lot

Price Vs. Estimate

The estimated value ($894,987.385) is $93,012.615 (9%) lower than the list price ($988,000). This property may be overpriced.

Key pros and cons

Top Pros:
Attractive Financing Program: The property qualifies for an exclusive 3.99% Rate Relief Program, offering a significant financial incentive for qualified buyers in the current market.
Top Cons:
Overpriced Relative to Market Value: The current listing price of $988,000 is 9% higher than the estimated property value of $894,987, potentially impacting market competitiveness.

Compared to the nearby listings

Price:$988.0K vs avg $700.0K (+$288,000)98%
Size:2,699 sqft vs avg 1,354 sqft98%
Price/sqft:$366 vs avg $50110%

More Insights

Built in 2006 (19 years old).
Condition: This property, built in 2006, is 18 years old, placing it squarely within the 'Good' category for age. The MLS description states it has been 'tastefully updated,' which is strongly supported by the images. The kitchen features modern dark shaker-style cabinets, light granite countertops, a tiled backsplash, and stainless steel appliances, all appearing in excellent, move-in ready condition. The bathrooms are equally impressive, showcasing modern vanities with granite tops, tiled showers with glass enclosures, and separate soaking tubs, indicating recent and high-quality updates. Flooring is a mix of clean tile in common areas and well-maintained carpet in bedrooms. While the kitchen and bathrooms are near 'Excellent' quality, the overall property, being 18 years old and not explicitly stated as 'fully renovated recently' (within 5 years), fits best into the 'Good' category, offering a move-in ready home with minimal wear and tear and no immediate renovation needs.
Year Built
2006
Close
-
List price
$988K
Original List price
$1.05M
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
CV25022292
Home ConditionGood
Features
Patio
View-

About this home

RATE REIEF! Special Financing Available - Exclusive 3.99% Rate Relief Program*** This property qualifies for a limited-time Rate Relief Program offering exclusive, below-market interest rates for qualified buyers:Welcome to this gorgeous home, where comfort meets elegance! Featuring 5 spacious bedrooms and 4 1/2 baths, this residence is designed for both relaxation and functionality. The convenience of a downstairs master bedroom with a full bath adds to the home's appeal, making it perfect for guests or multi-generational living. An additional upstairs master bedroom and an en-suite provide ample private space for family members. An attached two-car garage ensures plenty of parking, while the large living and family rooms offer generous areas for gatherings and entertainment. Nestled in one of the most sought-after communities in the city, this home is conveniently located near shopping centers and a variety of delicious restaurants. The open floor plan has been tastefully updated, showcasing the many desirable features that make this property a must-see. Come and experience the charm and warmth that this home has to offer!

Condition Rating
Good
This property, built in 2006, is 18 years old, placing it squarely within the 'Good' category for age. The MLS description states it has been 'tastefully updated,' which is strongly supported by the images. The kitchen features modern dark shaker-style cabinets, light granite countertops, a tiled backsplash, and stainless steel appliances, all appearing in excellent, move-in ready condition. The bathrooms are equally impressive, showcasing modern vanities with granite tops, tiled showers with glass enclosures, and separate soaking tubs, indicating recent and high-quality updates. Flooring is a mix of clean tile in common areas and well-maintained carpet in bedrooms. While the kitchen and bathrooms are near 'Excellent' quality, the overall property, being 18 years old and not explicitly stated as 'fully renovated recently' (within 5 years), fits best into the 'Good' category, offering a move-in ready home with minimal wear and tear and no immediate renovation needs.
Pros & Cons

Pros

Attractive Financing Program: The property qualifies for an exclusive 3.99% Rate Relief Program, offering a significant financial incentive for qualified buyers in the current market.
Generous Living Space & Bedroom Count: With 5 spacious bedrooms and 4.5 baths across 2699 sqft, the residence is well-suited for large families or multi-generational living.
Flexible Multi-Generational Layout: The inclusion of a downstairs master bedroom with a full bath and an additional upstairs master bedroom with an en-suite provides excellent versatility for diverse living arrangements.
Prime Community Location: Nestled in a sought-after community, the home offers convenient access to shopping centers and a variety of restaurants.
Tastefully Updated Interior: The open floor plan has been tastefully updated, showcasing desirable features that appeal to modern buyer preferences.

Cons

Overpriced Relative to Market Value: The current listing price of $988,000 is 9% higher than the estimated property value of $894,987, potentially impacting market competitiveness.
Lack of Detailed Outdoor Amenities: The description does not highlight any specific outdoor features, landscaping, or yard amenities beyond the attached two-car garage, which might be a missed opportunity for buyer appeal.
History of Price Reduction: The property has already undergone a significant price reduction from its original list price of $1,049,000, which could suggest initial overpricing or market resistance.

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