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1242 N Cypress, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath

1242 N Cypress, Ontario, California 91762 home-pic-0
ACTIVE UNDER CONTRACT$675,000
1242 N Cypress, Ontario, California 91762
3Beds
2Baths
1,198Sqft
6,750Lot

Price Vs. Estimate

The estimated value ($615,625.045) is $59,374.955 (8%) lower than the list price ($675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Efficiency: The property benefits from paid solar panels, offering significant long-term energy cost savings and a reduced environmental footprint.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$675.0K vs avg $751.0K ($-76,000)26%
Size:1,198 sqft vs avg 1,830.5 sqft12%
Price/sqft:$563 vs avg $41293%

More Insights

Built in 1955 (70 years old).
Condition: The property, built in 1955, is well-maintained and move-in ready with fresh paint and preserved original hardwood floors. The kitchen has been updated with granite countertops, stainless steel appliances, and modern-style cabinetry, though the tile flooring and overall aesthetic suggest the renovation is likely 10-20 years old rather than recent. A significant factor preventing a 'Good' score is the lack of central air conditioning, which is a major system component that is either outdated or missing for modern comfort standards. While functional and clean, it requires minor updates or repairs to bring it fully up to contemporary expectations.
Year Built
1955
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
CV25259364
Home ConditionFair
Features
Patio
View-

About this home

Discover this well-maintained single-story home in the heart of Ontario, offering comfort, charm, and thoughtful upgrades throughout. This inviting residence features 3 spacious bedrooms and 2 full bathrooms, along with paid solar for energy efficiency and peace of mind. Step inside to find fresh interior paint and beautifully preserved original hardwood floors that enhance the home’s classic appeal. The updated kitchen boasts granite countertops, ample cabinetry, and a cozy dining nook perfectly positioned to enjoy stunning sunset views. The light-filled living room offers a picturesque view along with a warm and welcoming fireplace, ideal for relaxing evenings. A detached 2-car garage provides flexible options for storage, workspace, or the potential for an ADU conversion. Outdoors, a charming covered patio overlooks the manicured landscaping, creating a serene setting for entertaining or unwinding. Move-in ready and full of character, this Ontario gem is one you won’t want to miss!

Condition Rating
Fair
The property, built in 1955, is well-maintained and move-in ready with fresh paint and preserved original hardwood floors. The kitchen has been updated with granite countertops, stainless steel appliances, and modern-style cabinetry, though the tile flooring and overall aesthetic suggest the renovation is likely 10-20 years old rather than recent. A significant factor preventing a 'Good' score is the lack of central air conditioning, which is a major system component that is either outdated or missing for modern comfort standards. While functional and clean, it requires minor updates or repairs to bring it fully up to contemporary expectations.
Pros & Cons

Pros

Energy Efficiency: The property benefits from paid solar panels, offering significant long-term energy cost savings and a reduced environmental footprint.
Modernized Kitchen: The updated kitchen features granite countertops and ample cabinetry, providing a functional and aesthetically pleasing space for cooking and entertaining.
ADU Conversion Potential: A detached 2-car garage presents a valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), offering potential for rental income or expanded living space.
Well-Maintained & Aesthetic Appeal: With fresh interior paint and beautifully preserved original hardwood floors, the home is move-in ready and exudes classic charm.
Scenic Views: The dining nook offers stunning sunset views, and the living room provides a picturesque outlook, enhancing the home's ambiance.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age of Property: Built in 1955, the home's older construction may imply original infrastructure (e.g., plumbing, electrical) that could require future updates or maintenance not explicitly mentioned.
Lack of Central Air Conditioning: While a fireplace is noted for warmth, the description does not mention a cooling system, which could be a significant comfort concern during hot California summers.
Potential Overpricing: The current listing price is approximately 7% higher than the property's estimated value, which may impact its competitiveness in the market.

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