1160 Barbara, Thermal, California 92274, Thermal, 92274 - 3 bed, 2 bath

1160 Barbara, Thermal, California 92274 home-pic-0
ACTIVE$317,000$1,150/sqft
Est. Value: $308,630
-2%
FairlyEstimate
1160 Barbara, Thermal, California 92274
3Beds
2Baths
1,150Sqft
15,400Lot

Price Vs. Estimate

The estimated value ($308,630.11) is $8,369.89 (2%) lower than the list price ($317,000). 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 = 15400, living area = 1150.
Top Cons:
Property Age & Potential for Older Infrastructure: Built in 1964, despite recent upgrades, the underlying structure is older, which may lead to potential maintenance concerns or require further updates to original systems over time.

Compared to the nearby listings

Price:$317.0K vs avg $308.5K (+$8,500)59%
Size:1,150 sqft vs avg 1,468 sqft22%
Price/sqft:$276 vs avg $21781%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, this property has undergone extensive and very recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features modern white shaker cabinets, dark solid surface countertops, a contemporary subway tile backsplash, and new-looking stainless steel appliances. Both bathrooms are completely updated with modern vanities, fixtures, and stylish tiling (one with a walk-in shower, the other with a tub/shower combo). New wood-look laminate flooring is consistent throughout the living areas and bedrooms, walls are freshly painted, and an upgraded mini-split system provides efficient cooling. The new fencing and improved backyard also contribute to its virtually new condition.
Year Built
1964
Close
-
List price
$317K
Original List price
$320K
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
IG25280803
Home ConditionExcellent
Features
Good View: Desert
Patio
ViewDesert

About this home

Welcome to 1160 Barbara St. in Thermal, a thoughtfully upgraded home designed for both comfort and adventure. This property features recent updates throughout, including an improved backyard, brand-new fencing, and a security camera system for added peace of mind. An EV charger and RV parking offer everyday convenience and flexibility. The upgraded mini split for the utmost cool air and Garage that works as a game room offers endless fun and comfort. NO FLOOD ZONE.(important) Located near scenic hiking areas and surrounded by endless off-road and Can-Am riding, this home is perfect for those who love the outdoors and wide-open spaces. Previously used as a successful short-term rental, the property also presents excellent potential for personal use or investment. Updated appliances are available for purchase, making this an easy, move-in-ready opportunity. Come and check out this home, we can't wait for you to see it.

M
Mayra Marrufo
Listing Agent

Price History

Date
Event
Price
11/08/23
Sold
$270,000
Condition Rating
Excellent

Despite being built in 1964, this property has undergone extensive and very recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features modern white shaker cabinets, dark solid surface countertops, a contemporary subway tile backsplash, and new-looking stainless steel appliances. Both bathrooms are completely updated with modern vanities, fixtures, and stylish tiling (one with a walk-in shower, the other with a tub/shower combo). New wood-look laminate flooring is consistent throughout the living areas and bedrooms, walls are freshly painted, and an upgraded mini-split system provides efficient cooling. The new fencing and improved backyard also contribute to its virtually new condition.
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 = 15400, living area = 1150.
Extensive Upgrades & Modern Amenities: The property boasts recent updates throughout, including an improved backyard, brand-new fencing, a security camera system, an EV charger, RV parking, and an upgraded mini-split cooling system, enhancing comfort and convenience.
Outdoor Lifestyle & Adventure Proximity: Its location near scenic hiking areas and endless off-road/Can-Am riding opportunities makes it ideal for outdoor enthusiasts and adventure seekers.
Proven Investment/Rental Potential: Previously operating as a successful short-term rental, the property offers excellent potential for investors seeking income-generating opportunities.
No Flood Zone Designation: The property is explicitly noted as being in 'NO FLOOD ZONE,' providing peace of mind and reducing potential risks for buyers.
Versatile Garage Space & Large Lot: The garage has been converted into a game room, offering additional recreational space, complemented by a generous 15,400 sqft lot size for outdoor activities.

Cons

Property Age & Potential for Older Infrastructure: Built in 1964, despite recent upgrades, the underlying structure is older, which may lead to potential maintenance concerns or require further updates to original systems over time.
Niche Location Appeal: Located in Thermal/Salton City, the property's appeal is highly specific to buyers seeking a remote, outdoor-centric lifestyle, potentially limiting its broader market attractiveness compared to more developed areas.
Recent Price Increase & Appliance Exclusion: The property sold for $270,000 in November 2023 and is now listed significantly higher at $317,000. Additionally, updated appliances are 'available for purchase' rather than included, adding to the buyer's potential upfront costs.
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