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114 Cormorant, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath

114 Cormorant, Ontario, California 91762 home-pic-0
ACTIVE$699,900
114 Cormorant, Ontario, California 91762
3Beds
2Baths
1,232Sqft
7,168Lot

Price Vs. Estimate

The estimated value ($664,793.475) is $35,106.525 (5%) lower than the list price ($699,900). 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 = 7168, living area = 1232.
Top Cons:
Aging HVAC System: The AC unit was installed in 2010, indicating it is nearing the end of its typical operational lifespan and may require future replacement.

Compared to the nearby listings

Price:$699.9K vs avg $751.0K ($-51,100)30%
Size:1,232 sqft vs avg 1,830.5 sqft15%
Price/sqft:$568 vs avg $41293%

More Insights

Built in 1978 (47 years old).
Condition: The property, built in 1978, is an aged home that has been maintained with occasional updates. The kitchen has been remodeled with granite counters and new cabinets, which is a significant improvement, but the appliances appear older. The bathroom is functional but dated in style, and the carpet in the bedroom shows wear, indicating a need for updates. While a new roof is a major plus, the AC unit is 14 years old, nearing the end of its typical lifespan. These factors collectively place the property in the 'fair' category, as it requires minor updates to some areas but is otherwise well-maintained and move-in ready.
Year Built
1978
Close
-
List price
$700K
Original List price
$720K
Price/Sqft
$568
HOA
-
Days on market
-
Sold On
-
MLS number
IV25246727
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Charming Single Story Home on a cul de sac with RV parking. Features Fresh Interior Paint. Light and Bright Living and Dining area with Vaulted ceilings and Brick Fireplace and Hearth. The Remodeled Kitchen has Granite Counters and Pull-Out Pantry Drawers. The Kitchen sink looks out to the backyard. Flooring is laminate, carpet and tile. Laundry area is in the garage. The Primary Suite features Ceiling fan, Upgraded Closet Doors. The Hallway Guest Bathroom features Tub/Shower. This 3 bedroom, 2 bath home has 2 Car Attached Garage with direct access. The Backyard Patio Shade is near Kitchen/Family Room Area. The Backyard is spacious with lawn and shade tree. The driveway offers additional concrete for parking. Gorgeous Neighborhood. Don’t miss the opportunity to make this home yours! New Roof, AC new 2010

Condition Rating
Fair
The property, built in 1978, is an aged home that has been maintained with occasional updates. The kitchen has been remodeled with granite counters and new cabinets, which is a significant improvement, but the appliances appear older. The bathroom is functional but dated in style, and the carpet in the bedroom shows wear, indicating a need for updates. While a new roof is a major plus, the AC unit is 14 years old, nearing the end of its typical lifespan. These factors collectively place the property in the 'fair' category, as it requires minor updates to some areas but is otherwise well-maintained and move-in ready.
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 = 7168, living area = 1232.
Desirable Location: Situated on a cul-de-sac in a 'Gorgeous Neighborhood,' offering reduced traffic and enhanced privacy.
Key System Update: Features a 'New Roof,' providing peace of mind and reducing immediate maintenance costs for buyers.
Updated Kitchen: Boasts a 'Remodeled Kitchen with Granite Counters and Pull-Out Pantry Drawers,' appealing to modern tastes and offering functionality.
Ample Parking & RV Access: Includes 'RV parking' and 'additional concrete for parking' in the driveway, a significant advantage for vehicle owners or those with recreational toys.
Charming Interior Features: Offers a 'Light and Bright Living and Dining area with Vaulted ceilings and Brick Fireplace,' enhancing the home's aesthetic appeal and spaciousness.

Cons

Aging HVAC System: The AC unit was installed in 2010, indicating it is nearing the end of its typical operational lifespan and may require future replacement.
Mixed Flooring Condition: The presence of 'laminate, carpet and tile' flooring suggests a lack of cohesive modern flooring throughout, with carpet potentially needing replacement or updating.
Garage Laundry Location: The 'Laundry area is in the garage,' which is less convenient and desirable than a dedicated indoor laundry room for many homeowners.

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