12238 Michigan Street, Grand Terrace, California 92313, Grand Terrace, 92313 - 2 bed, 1 bath

12238 Michigan Street, Grand Terrace, California 92313 home-pic-0
ACTIVE$471,000
12238 Michigan Street, Grand Terrace, California 92313
2Beds
1Bath
934Sqft
8,000Lot

Price Vs. Estimate

The estimated value ($471,000) is $0 (0%) lower than the list price ($471,000). This property may be overpriced.

Key pros and cons

Top Pros:
First-Time Buyer Appeal: The property is explicitly marketed with 'First time buyer programs available,' making it highly attractive and accessible to a significant segment of the market.
Top Cons:
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or buyers desiring more private or multiple bathroom spaces.

Compared to the nearby listings

Price:$471.0K vs avg $615.0K ($-144,000)5%
Size:934 sqft vs avg 1,631 sqft2%
Price/sqft:$504 vs avg $38598%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone significant and recent updates, making it move-in ready. The kitchen features modern white shaker cabinetry, granite countertops, and a subway tile backsplash, indicating a renovation within the last 5-15 years. The bathroom also appears updated with contemporary tiling. Laminate flooring throughout the main living areas and clean carpets in bedrooms contribute to a well-maintained appearance. The visible stacked washer/dryer unit is modern. While the exterior landscaping is minimal, the interior condition, particularly the kitchen and bathroom, aligns with the 'Good' score criteria, showing minimal wear and tear and functional, updated systems.
Year Built
1959
Close
-
List price
$471K
Original List price
$471K
Price/Sqft
$504
HOA
-
Days on market
-
Sold On
-
MLS number
IV25188895
Home ConditionGood
Features
View-

About this home

First time buyer programs available. Welcome to this well-maintained 2-bedroom, 1-bath home with a versatile bonus room located in the desirable city of Grand Terrace. Interior highlights include laminate flooring, granite countertops, and newer cabinetry, providing both comfort and functionality. The property also features a spacious backyard, ideal for entertaining, gardening, or future expansion. Conveniently situated near schools, shopping, dining, and easy freeway access, this home combines charm with convenience and is ready for its next owner.

Condition Rating
Good

Despite being built in 1959, this property has undergone significant and recent updates, making it move-in ready. The kitchen features modern white shaker cabinetry, granite countertops, and a subway tile backsplash, indicating a renovation within the last 5-15 years. The bathroom also appears updated with contemporary tiling. Laminate flooring throughout the main living areas and clean carpets in bedrooms contribute to a well-maintained appearance. The visible stacked washer/dryer unit is modern. While the exterior landscaping is minimal, the interior condition, particularly the kitchen and bathroom, aligns with the 'Good' score criteria, showing minimal wear and tear and functional, updated systems.
Pros & Cons

Pros

First-Time Buyer Appeal: The property is explicitly marketed with 'First time buyer programs available,' making it highly attractive and accessible to a significant segment of the market.
Updated Interior Finishes: The home features desirable interior upgrades including laminate flooring, granite countertops, and newer cabinetry, offering a modern and move-in ready feel.
Versatile Bonus Room: The inclusion of a 'versatile bonus room' adds valuable flexible space that can be adapted to various needs, such as a home office, den, or additional living area.
Spacious Backyard Potential: A 'spacious backyard' provides ample outdoor space for entertaining, gardening, or offers significant potential for future expansion of the home.
Convenient Location: The property boasts a convenient location near schools, shopping, dining, and easy freeway access, enhancing daily living and commute efficiency.

Cons

Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or buyers desiring more private or multiple bathroom spaces.
Compact Square Footage: At 934 square feet, the interior living space is relatively small, which could be a limiting factor for buyers seeking more spacious accommodations.
Age of Property: Built in 1959, the home is over 60 years old. While well-maintained, potential buyers may anticipate the need for future updates or replacements of older systems (e.g., plumbing, electrical, HVAC, roof) not explicitly mentioned as new.

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