12418 Highgate Avenue, Victorville, California 92395, Victorville, 92395 - 3 bed, 2 bath
ACTIVE$390,000
12418 Highgate Avenue, Victorville, California 92395
3Beds
2Baths
1,257Sqft
10,550Lot
Price Vs. Estimate
The estimated value ($347,689.16) is $42,310.84 (10%) lower than the list price ($390,000). This property may be overpriced.
Key pros and cons
Top Pros:
Financial Incentive: Eligible buyers can receive up to a $20,000 grant for down payment assistance, significantly reducing the upfront cost of homeownership.
Top Cons:
Age-Restricted Community: Being exclusively a 55+ community significantly limits the potential buyer pool, which could impact market demand and resale velocity.
Compared to the nearby listings
Price:$390.0K vs avg $420.0K ($-29,975)37%
Size:1,257 sqft vs avg 1,661.5 sqft21%
Price/sqft:$310 vs avg $25189%
More Insights
Built in 1993 (32 years old).
Condition: The property was built in 1993, making it 31 years old. While the home appears to be well-maintained and functional, the kitchen features dated painted cabinets, laminate countertops, older black appliances, and linoleum flooring, indicating a need for cosmetic updates. Other areas, such as the laundry room, also show signs of age with similar flooring. The overall style and finishes are outdated, aligning with the 'Fair' condition criteria which suggests minor updates or repairs are required and major components show signs of being outdated.
Year Built
1993
Close
-
List price
$390K
Original List price
$400K
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
HD25021795
Home ConditionFair
Features
Patio
View-
About this home
Now offering this open space home sitting on a spacious 10,000+ square foot corner lot in a peaceful 55+ community with no Home Owners Associations (HOA) fees or restrictions. This beautiful home features soaring high ceilings and an inviting open layout. With 3 bedrooms, 2 full bathrooms, and a dedicated laundry room, it provides both comfort and functionality. The large backyard includes a convenient storage shed, perfect for tools or extra belongings. Located just minutes from a nearby shopping centers, banks, and restaurants. This home combines tranquility and everyday convenience This home is eligible for a up to $20,000 grant to assist buyers with their down payment.
Condition Rating
Fair
The property was built in 1993, making it 31 years old. While the home appears to be well-maintained and functional, the kitchen features dated painted cabinets, laminate countertops, older black appliances, and linoleum flooring, indicating a need for cosmetic updates. Other areas, such as the laundry room, also show signs of age with similar flooring. The overall style and finishes are outdated, aligning with the 'Fair' condition criteria which suggests minor updates or repairs are required and major components show signs of being outdated.
Pros & Cons
Pros
Financial Incentive: Eligible buyers can receive up to a $20,000 grant for down payment assistance, significantly reducing the upfront cost of homeownership.
No HOA Fees or Restrictions: The absence of Home Owners Association fees and restrictions provides financial savings and greater personal freedom for homeowners.
Spacious Corner Lot: The property sits on a generous 10,000+ square foot corner lot, offering ample outdoor space, enhanced privacy, and potential for landscaping.
Open Concept Living: Features soaring high ceilings and an inviting open layout, creating a bright, airy, and spacious feel within the home.
55+ Community & Convenience: Located in a peaceful 55+ community, offering a tranquil living environment, combined with close proximity to shopping centers, banks, and restaurants.
Cons
Age-Restricted Community: Being exclusively a 55+ community significantly limits the potential buyer pool, which could impact market demand and resale velocity.
Compact Interior Space: With 1257 square feet for 3 bedrooms, the interior living area is relatively modest, potentially limiting space for those desiring more expansive rooms.
Recent Price Reduction: The property has seen a $10,000 price drop from its original listing, which could suggest a lack of initial buyer interest or that the original pricing was too aggressive.