12141 Gilbert Street, Garden Grove, California 92841, Garden Grove, 92841 - 7 bed, 7 bath
ACTIVE$1,899,999
12141 Gilbert Street, Garden Grove, California 92841
7Beds
7Baths
3,457Sqft
12,600Lot
Price Vs. Estimate
The estimated value ($1,577,874.96) is $322,124.04 (16%) lower than the list price ($1,899,999). This property may be overpriced.
Key pros and cons
Top Pros:
High Bedroom/Bathroom Count: With 7 bedrooms and 7 bathrooms, the property offers exceptional capacity, ideal for large families, multi-generational living, or potential rental income opportunities.
Top Cons:
Significant Overpricing: The listing price of $1,899,999 is 16% above the estimated market value of $1,577,874.96, which may deter potential buyers and prolong market time.
Compared to the nearby listings
Price:$1.90M vs avg $1.10M (+$799,999)96%
Size:3,457 sqft vs avg 1,580 sqft96%
Price/sqft:$550 vs avg $67118%
More Insights
Built in 1956 (69 years old).
Condition: Built in 1956, this property is an older home that appears to be well-maintained with some cosmetic updates like laminate flooring and neutral paint. However, the limited images do not showcase the kitchen or bathrooms, and the lack of any mention of recent major renovations in the description, coupled with the general aesthetic, suggests these key areas are likely dated and would require significant modernization to meet current standards. The home is functional and livable but shows clear signs of its age.
Year Built
1956
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
PW24249863
Home ConditionFair
Features
View-
About this home
7 Bedroom 6 Bath Home. This home features two dining areas and separate living quarters with its own bedroom, bathroom, and laundry area.
Condition Rating
Fair
Built in 1956, this property is an older home that appears to be well-maintained with some cosmetic updates like laminate flooring and neutral paint. However, the limited images do not showcase the kitchen or bathrooms, and the lack of any mention of recent major renovations in the description, coupled with the general aesthetic, suggests these key areas are likely dated and would require significant modernization to meet current standards. The home is functional and livable but shows clear signs of its age.
Pros & Cons
Pros
High Bedroom/Bathroom Count: With 7 bedrooms and 7 bathrooms, the property offers exceptional capacity, ideal for large families, multi-generational living, or potential rental income opportunities.
Dedicated Separate Living Quarters: The inclusion of separate living quarters with its own bedroom, bathroom, and laundry area provides significant flexibility, privacy, and potential for an Accessory Dwelling Unit (ADU) or extended family accommodation.
Generous Lot Size: The substantial 12,600 sqft lot offers ample outdoor space for landscaping, recreation, or potential future expansion, a valuable asset in Garden Grove.
Expansive Interior Space: Boasting 3,457 sqft of living area, the home provides considerable space to comfortably accommodate its high room count and various living arrangements.
Functional Layout with Multiple Dining Areas: The presence of two distinct dining areas enhances the home's functionality, catering to large gatherings and diverse household needs.
Cons
Significant Overpricing: The listing price of $1,899,999 is 16% above the estimated market value of $1,577,874.96, which may deter potential buyers and prolong market time.
Age of Construction & Potential for Updates: Built in 1956, the property is nearly 70 years old, and the description does not mention recent major renovations, suggesting potential for outdated systems or a need for significant modernization.
Lack of Desirable Views: The property explicitly states 'View: None,' which could be a disadvantage in attracting buyers who prioritize scenic outlooks or premium views.