1163 W 7th, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 2 bath
Loading property details...
San Bernardino, California 92411
This Strong Value Opportunity is a modern Single Family Residence listed at $520,000, positioned well below the $552,604 Fair Market Value by 5%. This valuation gap provides $32,604 in Instant Equity. Built in 2018, the home maintains an Excellent Condition Rating and features a versatile 400 sq ft detached room and Mountain(s) views. This property balances modern efficiency with significant upside potential, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1163 W 7th Subject | $520,000* List Price | 3 | 2 | 1,727 | $320 | - |
A 1288 W 11th Sold | $412,995 | 3 | 1 | 1,186 | $348 | 0.6 mi |
B 1804 W 7th Sold | $495,000 | 3 | 2 | 1,499 | $330 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, meeting the criteria for Excellent (<10 years). The home features modern systems including central air, updated flooring, and is described as being in spotless condition with no maintenance required.
Built in 2018, this home offers contemporary building standards and energy efficiency, maintained in spotless condition compared to the older housing stock typically found in the area.
The property features a 400 sq ft detached room in the backyard, providing excellent potential for a home office, gym, or future ADU conversion to increase property value.
The availability of seller concessions offers a significant advantage for buyers, potentially helping to offset closing costs or facilitate an interest rate buy-down.
The property is situated in a neighborhood within San Bernardino that historically faces challenges with lower school district ratings and higher local crime statistics.
The current list price of $520,000 represents a substantial jump from its 2021 sale price of $370,000, which may lead to appraisal scrutiny in the current market environment.
Call for exciting details. Seller concessions available. Nearly brand new house built just 8 years ago and kept spotless. 3 bedroom 2 bath on a large lot plus a 400 sq ft room in the back yard. Central air. Nice front and back yards ideal for big families and hosting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,727 | 1,228 |
| Lot Size | 7,000 | 7,500 |
| Price | $520.0K | $518.9K |
| Price per sq ft | $301 | $376 |
| Built year | 2018 | 1953 |
| HOA | $0 | $121 |
| Days on market | 6 | 63 |
Jul 16, 2026
$520,000
Initial Listing
May 10, 2021
$370,000
Public Record
Jul 3, 2019
$287,000
Public Record
May 26, 2017
$125,000
Public Record