12811 Oaks Avenue, Chino, California 91710, Chino, 91710 - 5 bed, 4 bath
ACTIVE$1,199,888
12811 Oaks Avenue, Chino, California 91710
5Beds
4Baths
1,625Sqft
20,130Lot
Price Vs. Estimate
The estimated value ($628,880.285) is $571,007.715 (47%) lower than the list price ($1,199,888). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20130, living area = 1625.
Top Cons:
Significant Overpricing Relative to Estimated Value: The listing price of $1,199,888 is nearly double the estimated property value of $628,880, as indicated by the -47% estimation ratio, which could deter buyers and complicate financing.
Compared to the nearby listings
Price:$1.20M vs avg $784.5K (+$415,388)91%
Size:1,625 sqft vs avg 1,724 sqft40%
Price/sqft:$738 vs avg $45498%
More Insights
Built in 1951 (74 years old).
Condition: Built in 1951, the property shows significant signs of age. The kitchen, as depicted in the image and described with 'tiled counters,' features outdated cabinets, an older range, and a fluorescent light fixture, indicating it has not been extensively renovated recently. While there's 'new paint & new wood floor,' these are cosmetic updates. The overall condition suggests major components are functional but significantly outdated, requiring substantial renovation to meet modern standards, aligning with the 'Fair' category.
Year Built
1951
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
TR25065635
Home ConditionFair
Features
Pool
Patio
View-
About this home
Horse Property! new paint & new wood floor home situated on 20,130 square foot lot with RV parking in desirable Chino neighborhood. Spacious living room boasts with brick fireplace and hardwood flooring. Kitchen features tiled counters and light and bright dining area. Gracious master bedroom with an abundance of closet space and on-suite full bathroom and sliders to the patio. Generously sized secondary bedrooms. Property has great potential. Notable extras include 2 car detached garage, out-buildings, workshop and covered pipe corals. Private backyard features sparkling ! Close to coveted Chino Schools, parks, freeways and shopping. make offer first and subject to inside inspection greet income
Condition Rating
Fair
Built in 1951, the property shows significant signs of age. The kitchen, as depicted in the image and described with 'tiled counters,' features outdated cabinets, an older range, and a fluorescent light fixture, indicating it has not been extensively renovated recently. While there's 'new paint & new wood floor,' these are cosmetic updates. The overall condition suggests major components are functional but significantly outdated, requiring substantial renovation to meet modern standards, aligning with the 'Fair' category.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20130, living area = 1625.
Horse Property & Expansive Lot: The property is explicitly marketed as a 'Horse Property' on a substantial 20,130 sqft lot, including 'covered pipe corals,' appealing to a niche market.
Extensive Outbuildings & Workshop: Features like a '2 car detached garage, out-buildings, and workshop' provide significant utility, storage, and potential for hobbies or business.
RV Parking Capability: The explicit mention of 'RV parking' adds considerable value for owners of recreational vehicles or those needing extra vehicle storage.
Recent Cosmetic Updates: The description notes 'new paint & new wood floor,' indicating recent efforts to refresh the interior, making it more move-in ready.
Desirable Neighborhood & Accessibility: Located in a 'desirable Chino neighborhood' with proximity to 'coveted Chino Schools, parks, freeways and shopping' enhances its appeal for families and commuters.
Cons
Significant Overpricing Relative to Estimated Value: The listing price of $1,199,888 is nearly double the estimated property value of $628,880, as indicated by the -47% estimation ratio, which could deter buyers and complicate financing.
Restrictive Showing/Offer Conditions: The requirement to 'make offer first and subject to inside inspection' is unusual and can be a major deterrent, suggesting potential issues the seller wishes to obscure or a difficult negotiation process.
Age and Potential for Further Renovation: Built in 1951, despite some recent cosmetic updates, the property's age (70+ years) and features like 'tiled counters' suggest it may require substantial additional investment for modernization of systems and finishes to meet contemporary standards.