1205 Lime, Corona, California 92879, Corona, 92879 - 3 bed, 1 bath

1205 Lime, Corona, California 92879 home-pic-0
ACTIVE$540,000$960/sqft
Est. Value: $560,356
3%
BelowEstimate
1205 Lime, Corona, California 92879
3Beds
1Bath
960Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($560,356.25) is $20,356.25 (3%) higher than the list price ($540,000). This property may be underpriced.

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 = 7405, living area = 960.
Top Cons:
Single Bathroom: The home features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants.

Compared to the nearby listings

Price:$540.0K vs avg $730.0K ($-190,000)6%
Size:960 sqft vs avg 1,737.5 sqft5%
Price/sqft:$562 vs avg $40992%

More Insights

Built in 1952 (74 years old).
Condition: While the kitchen features new cabinets, countertops, and recessed lighting, it is not functional without appliances. The bathroom and flooring throughout appear recently updated. However, the property was built in 1952, and the listing description explicitly states it's 'perfect for modern updates' and that 'significant renovation costs for systems and aesthetics are likely required.' The exposed wiring in the living room and the age of the home suggest that major systems (electrical, plumbing, HVAC) are likely outdated and will require substantial investment, preventing a 'Good' rating despite the cosmetic improvements.
Year Built
1952
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
IV25280148
Home ConditionFair
Features
Patio
View-

About this home

Welcome to this charming 3-bedroom, 1-bath home located in a prime location. Built in 1952, this property offers a classic solid layout with a spacious living room, dining area, and a functional kitchen, perfect for modern updates. Enjoy the comfort of three sizable bedrooms and one full bath. The large backyard is ideal for outdoor activities or future expansion. Backyard offers Fruit Trees!

E
EVANGELINA REYNOSO
Listing Agent
Condition Rating
Fair

While the kitchen features new cabinets, countertops, and recessed lighting, it is not functional without appliances. The bathroom and flooring throughout appear recently updated. However, the property was built in 1952, and the listing description explicitly states it's 'perfect for modern updates' and that 'significant renovation costs for systems and aesthetics are likely required.' The exposed wiring in the living room and the age of the home suggest that major systems (electrical, plumbing, HVAC) are likely outdated and will require substantial investment, preventing a 'Good' rating despite the cosmetic improvements.
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 = 7405, living area = 960.
Prime Location: The property is situated in a prime location within Corona, offering desirable access and community benefits.
Expansive Backyard & Lot Size: Featuring a large 7,405 sqft lot, the backyard is ideal for outdoor activities, gardening, or potential future expansion.
Fruit Trees: The backyard boasts established fruit trees, adding a unique and desirable amenity for homeowners.
Classic Solid Layout & Renovation Potential: Built in 1952, the home offers a classic, solid layout, providing a strong foundation for modern updates and personalization.
Sizable Bedrooms: The property includes three sizable bedrooms, offering comfortable living spaces for residents.

Cons

Single Bathroom: The home features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants.
Age and Need for Updates: Built in 1952, the property is described as 'perfect for modern updates,' indicating that significant renovation costs for systems and aesthetics are likely required.
Limited Interior Square Footage: With 960 sqft, the interior living space is relatively compact for a 3-bedroom home, which might limit appeal for buyers seeking more spacious interiors.
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