1162 W Philadelphia Street, Ontario, California 91762, Ontario, 91762 - 2 bed, 1 bath
ACTIVE$439,000
1162 W Philadelphia Street, Ontario, California 91762
2Beds
1Bath
918Sqft
918Lot
Price Vs. Estimate
The estimated value ($426,628.05) is $12,371.95 (5%) lower than the list price ($439,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Community Amenities: Residents benefit from resort-style amenities including a pool, spa, clubhouse, and tennis courts, enhancing lifestyle and value within the Racquet Club community.
Top Cons:
Elevated HOA Fees: The $360/month HOA fee is substantial for a 2-bedroom, 1-bath unit, potentially impacting monthly housing costs and overall affordability.
Compared to the nearby listings
Price:$439.0K vs avg $524.8K ($-85,805)20%
Size:918 sqft vs avg 1,146 sqft11%
Price/sqft:$478 vs avg $42377%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this condo has an updated bathroom with modern tiling, and the kitchen features newer stainless steel appliances and wood-look flooring. However, the kitchen countertops and some light fixtures appear dated, and the bedroom carpet shows significant wear, requiring replacement. While well-maintained, the property has not undergone a full recent renovation, and several elements are outdated, fitting the 'Fair' category.
Year Built
1973
Close
-
List price
$439K
Original List price
$450K
Price/Sqft
$478
HOA
$360
Days on market
-
Sold On
-
MLS number
TR25218976
Home ConditionFair
Features
Deck
ViewNeighborhood
About this home
Discover this beautifully 2-bedroom, 1-bath condo in Ontario’s serene Racquet Club community. A desirable corner unit filled with natural light, updated bath, and a spacious private patio — perfect for relaxing or entertaining. Enjoy a private two-car garage and resort-style amenities including a pool, spa, clubhouse, and tennis courts (HOA $360/month). Ideally located near top-rated schools such as Vista Grande Elementary, Oaks Middle, and Ontario High, all scoring above 8. Within 10 miles you’ll find over 170 restaurants, plus gyms, groceries, and theaters within 1 mile. Just 2 minutes from Highway 60, offering quick access to nearby cities. Buyer to verify all information.
Nearby schools
7/10
Vista Grande Elementary School
Public,•K-6•0.5mi
5/10
Oaks Middle School
Public,•7-8•1.1mi
6/10
Ontario High School
Public,•9-12•0.6mi
Condition Rating
Fair
Built in 1973, this condo has an updated bathroom with modern tiling, and the kitchen features newer stainless steel appliances and wood-look flooring. However, the kitchen countertops and some light fixtures appear dated, and the bedroom carpet shows significant wear, requiring replacement. While well-maintained, the property has not undergone a full recent renovation, and several elements are outdated, fitting the 'Fair' category.
Pros & Cons
Pros
Exceptional Community Amenities: Residents benefit from resort-style amenities including a pool, spa, clubhouse, and tennis courts, enhancing lifestyle and value within the Racquet Club community.
Private Outdoor Space & Parking: The property boasts a spacious private patio for relaxation and entertaining, complemented by a private two-car garage, offering significant convenience and exclusivity.
Prime Location & Commuter Access: Strategically located within 1 mile of essential amenities (restaurants, gyms, groceries, theaters) and just 2 minutes from Highway 60 for easy commuting.
Abundant Natural Light: As a desirable corner unit, the condo is filled with natural light, creating a bright and inviting living environment.
Updated Interior Feature: The updated bathroom provides a modern and refreshed aspect to the interior, reducing immediate renovation needs for a key area.
Cons
Elevated HOA Fees: The $360/month HOA fee is substantial for a 2-bedroom, 1-bath unit, potentially impacting monthly housing costs and overall affordability.
Property Age: Built in 1973, the property is over five decades old, which may necessitate future maintenance or updates to other original systems beyond the already updated bathroom.
Above Estimated Market Value: The current listing price of $439,000 is approximately 5% higher than the estimated property value of $426,628, potentially limiting immediate equity or requiring negotiation.