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11332 S Colbow St, Orange, California 92869, Orange, 92869 - 4 bed, 2 bath

11332 S Colbow St, Orange, California 92869 home-pic-0
ACTIVE$995,000
11332 S Colbow St, Orange, California 92869
4Beds
2Baths
1,400Sqft
Lot

Price Vs. Estimate

The estimated value ($735,892.525) is $259,107.475 (26%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Remodel: The property has undergone a stunning and meticulous remodel, featuring a brand new open-concept kitchen, tastefully updated bathrooms, and new laminate wood-like flooring throughout, offering a modern and move-in ready interior.
Top Cons:
Significant Overpricing: The current listing price of $995,000 is substantially higher than the estimated property value of approximately $735,892, which may deter potential buyers or prolong market time.

Compared to the nearby listings

Price:$995.0K vs avg $1.31M ($-320,000)11%
Size:1,400 sqft vs avg 2,177 sqft10%
Price/sqft:$711 vs avg $64472%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has undergone a stunning and extensive recent remodel. The description highlights a 'brand new open-concept kitchen' with modern grey shaker cabinets, white countertops, and stainless steel appliances, as well as 'tastefully updated bathrooms with modern aesthetic' featuring new vanities, toilets, and contemporary tiling. The 'brand new laminate wood-like flooring' throughout the living areas and bedrooms further contributes to a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Year Built
1962
Close
-
List price
$995K
Original List price
$1.1M
Price/Sqft
$711
HOA
-
Days on market
-
Sold On
-
MLS number
250022260SD
Home ConditionExcellent
Features
View-

About this home

Stunning newly remodeled single-story home in the heart of Orange County. This Beautiful home, located on a peaceful cul-de-sac, offers 1400 ft.² of meticulously redesigned living space. Situated on an expensive 8000 square-foot lot, there’s plenty of room to expand with an ADU. The bedrooms feature brand new laminate would like flooring. The bathrooms have been tastefully updated with modern aesthetic. The open-concept kitchen is brand new, perfect for entertaining and family gatherings. In addition to 2 versatile work spaces have been added at the back of the garage providing extra room for your hobbies and a Home office. The backyard is a blank canvas ready for you to design your own private retreat. Garage will Be locked. All personal belongings remain in garage until property is sold. 2 additional rooms behind the garage available to view by knocking on the back door.

Condition Rating
Excellent
Despite being built in 1962, this property has undergone a stunning and extensive recent remodel. The description highlights a 'brand new open-concept kitchen' with modern grey shaker cabinets, white countertops, and stainless steel appliances, as well as 'tastefully updated bathrooms with modern aesthetic' featuring new vanities, toilets, and contemporary tiling. The 'brand new laminate wood-like flooring' throughout the living areas and bedrooms further contributes to a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Extensive Remodel: The property has undergone a stunning and meticulous remodel, featuring a brand new open-concept kitchen, tastefully updated bathrooms, and new laminate wood-like flooring throughout, offering a modern and move-in ready interior.
Prime Location: Located in the heart of Orange County on a peaceful cul-de-sac, providing a desirable, quiet, and accessible living environment.
Large Lot with ADU Potential: Situated on an expansive 8000 square-foot lot, offering ample space for outdoor development and significant potential for adding an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Dedicated Work/Hobby Spaces: Includes 2 versatile work spaces added at the back of the garage, catering to modern needs for home offices or hobby areas.
Open-Concept Living: The brand new open-concept kitchen is perfectly designed for entertaining and family gatherings, aligning with contemporary lifestyle preferences.

Cons

Significant Overpricing: The current listing price of $995,000 is substantially higher than the estimated property value of approximately $735,892, which may deter potential buyers or prolong market time.
Unfinished Backyard: The backyard is described as a 'blank canvas,' indicating it requires significant investment and design effort from the buyer to create a functional or aesthetically pleasing outdoor space.
Limited Garage Access & Unclear Additional Rooms: The garage will remain locked with personal belongings until sold, and the mention of '2 additional rooms behind the garage available to view by knocking on the back door' suggests potential access issues, lack of clear integration, or possibly unpermitted additions, creating uncertainty for buyers.

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