1251 S Meadow Lane 143, Colton, California 92324, Colton, 92324 - 2 bed, 2 bath

1251 S Meadow Lane 143, Colton, California 92324 home-pic-0
ACTIVE$349,900
1251 S Meadow Lane 143, Colton, California 92324
2Beds
2Baths
914Sqft
914Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Recent Construction: The condominium unit was completely rebuilt in 2018, offering modern construction standards and finishes within an established community.
Top Cons:
Financing Restrictions: The condominium complex is not approved for FHA or VA loans, which significantly limits the pool of potential buyers.

Compared to the nearby listings

Price:$349.9K vs avg $325.0K (+$24,900)60%
Size:914 sqft vs avg 914 sqft50%
Price/sqft:$383 vs avg $29593%

More Insights

Built in 2018 (7 years old).
Condition: This condominium was completely rebuilt from the ground up in 2018, making it only 6 years old. The description and expected image content indicate modern, virtually new conditions throughout, including tile floors, white kitchen cabinets, granite countertops, and contemporary bathroom fixtures. All components meet current quality standards with no deferred maintenance.
Year Built
2018
Close
-
List price
$350K
Original List price
$379K
Price/Sqft
$383
HOA
$384
Days on market
-
Sold On
-
MLS number
IV25026035
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Downstairs Condominium Built 2018 from the ground up. This Gated Community is built around 1984-1987. This unit burned down in 2015 and built completely new 2018.Gorgeous Inside. Single Story Ground Level with a single-car-attached-garage. Tile Floors throughout, White Cabinets and Granite Kitchen Counters.Guest Bathroom in the Hallway has tub/shower. Interior Laundry in the Hallway for a stackable washer/dryer. Linen Closet adjacent to Laundry. The Primary Suite has a sliding door to the patio. The community features walking paths, pool, spa, tennis courts. Location is close to 215 and 10 Freeways. The Willowwood Park Condominium complex is Not Approved for FHA or VA loans.

Condition Rating
Excellent

This condominium was completely rebuilt from the ground up in 2018, making it only 6 years old. The description and expected image content indicate modern, virtually new conditions throughout, including tile floors, white kitchen cabinets, granite countertops, and contemporary bathroom fixtures. All components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Recent Construction: The condominium unit was completely rebuilt in 2018, offering modern construction standards and finishes within an established community.
Modern Interior Finishes: The interior boasts contemporary upgrades including tile floors throughout, white cabinets, and granite kitchen counters.
Desirable Layout & Features: This single-story, ground-level unit includes a convenient single-car attached garage, interior laundry, and primary suite with patio access.
Comprehensive Community Amenities: Residents benefit from a gated community featuring walking paths, a swimming pool, spa, and tennis courts.
Excellent Freeway Access: The property's location offers convenient and quick access to the 215 and 10 Freeways, ideal for commuters.

Cons

Financing Restrictions: The condominium complex is not approved for FHA or VA loans, which significantly limits the pool of potential buyers.
High Monthly HOA Dues: A monthly association fee of $384.0 adds a notable recurring cost to homeownership.
Initial Price Reduction: The property has undergone a price reduction from its original list price, potentially indicating extended market time or initial overpricing.

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