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1136 Belbury, Walnut, California 91789, Walnut, 91789 - 3 bed, 2 bath

1136 Belbury, Walnut, California 91789 home-pic-0
ACTIVE$889,990$1,330/sqft
Est. Value: $842,994
-5%
AboveEstimate
1136 Belbury, Walnut, California 91789
3Beds
2Baths
1,330Sqft
8,719Lot

Price Vs. Estimate

The estimated value ($842,993.865) is $46,996.135 (5%) lower than the list price ($889,990). This property may be overpriced.

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 = 8719, living area = 1330.
Top Cons:
Age of Property & Potential for Further Upgrades: Built in 1966, the property, while well-maintained, 'offers great potential for future upgrades,' suggesting that significant modernization beyond recent cosmetic updates may be desired by new owners.

Compared to the nearby listings

Price:$890.0K vs avg $1.19M ($-300,010)10%
Size:1,330 sqft vs avg 1,996 sqft10%
Price/sqft:$669 vs avg $61973%

More Insights

Built in 1966 (60 years old).
Condition: Built in 1966, this home is well-maintained with some recent cosmetic updates like laminate flooring and fresh paint in the kitchen and family room, and a newer water heater. However, the kitchen features dated white cabinets, laminate countertops, and older white appliances. One bathroom is significantly outdated with an older vanity and light fixture, while the other has a more recent but basic update. The property is functional and clean but shows clear signs of being aged and would require substantial updates to the kitchen and bathrooms to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Year Built
1966
Close
-
List price
$890K
Original List price
$915K
Price/Sqft
$669
HOA
-
Days on market
-
Sold On
-
MLS number
TR25281313
Home ConditionFair
Features
Deck
Patio
ViewNeighborhood

About this home

Huge price reduction. Motivated seller. This is a well maintained home at great location. Located in the highly sought-after Walnut Valley Unified School District, this single-family home offers a prime opportunity for both homeowners and investors. Situated at the end of a cul de sac, a peaceful neighborhood with convenient access to great schools, Mt Sac college, Cal Poly Pomona, shopping, dining, and the 57 & 60 freeways. Newer water heater, laminate flooring, newer paint in kitchen and family room. LEASED SOLAR SYSTEM. Functional layout with good natural light and a spacious beautiful private backyard which provides potential for ADU and ample space to create a garden, outdoor lounge, or play area—perfect for family gatherings and weekend relaxation party and barbecue. The home has been well maintained and offers great potential for future upgrades. Strong rental demand in the Walnut area makes this property an ideal long-term investment with solid rental income potential. A great opportunity to own in one of Walnut’s most desirable school districts.

J
Jiang Suo
Listing Agent

Price History

Date
Event
Price
12/19/22
Sold
$815,000
Condition Rating
Fair
Built in 1966, this home is well-maintained with some recent cosmetic updates like laminate flooring and fresh paint in the kitchen and family room, and a newer water heater. However, the kitchen features dated white cabinets, laminate countertops, and older white appliances. One bathroom is significantly outdated with an older vanity and light fixture, while the other has a more recent but basic update. The property is functional and clean but shows clear signs of being aged and would require substantial updates to the kitchen and bathrooms to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
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 = 8719, living area = 1330.
Premier School District & Location: Located in the highly sought-after Walnut Valley Unified School District with convenient access to colleges, shopping, dining, and major freeways.
Strong Investment Potential: Benefits from high rental demand in Walnut and offers potential for an Accessory Dwelling Unit (ADU), enhancing long-term value and income.
Peaceful Cul-de-Sac Setting: Situated at the end of a cul-de-sac, providing a quiet and safe neighborhood environment.
Well-Maintained with Key Updates: The home is well-maintained and features recent upgrades including a newer water heater, laminate flooring, and fresh paint in the kitchen and family room.
Spacious Private Backyard: Offers a beautiful and expansive private backyard, ideal for outdoor entertaining, gardening, or creating additional recreational space.

Cons

Age of Property & Potential for Further Upgrades: Built in 1966, the property, while well-maintained, 'offers great potential for future upgrades,' suggesting that significant modernization beyond recent cosmetic updates may be desired by new owners.
Leased Solar System: The presence of a leased solar system means a new owner will inherit a monthly payment and contract, which can be less appealing than an owned system or no solar for some buyers.
Limited Specific Modern Amenities: The description highlights basic updates but doesn't mention modern amenities like central air conditioning (common in older homes), smart home features, or fully renovated bathrooms, which might be expected by some buyers at this price point.
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