12814 Collins Street, Valley Village, California 91607, Valley Village, 91607 - 3 bed, 3 bath
ACTIVE$1,550,000
12814 Collins Street, Valley Village, California 91607
3Beds
3Baths
1,760Sqft
6,800Lot
Year Built
1952
Close
-
List price
$1.55M
Original List price
$1.45M
Price/Sqft
$881
HOA
-
Days on market
-
Sold On
-
MLS number
SR24237628
Home ConditionGood
Features
View-
About this home
Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.55M(61th), sqft - 1760(46th), beds - 3(50th), baths - 3(53th).
Tucked away on a quiet cul-de-sac, this updated 3 bedroom, 2.5 bath home in Valley Glen offers comfort and style. Enjoy a bright, open layout, a modern kitchen with ample storage. The private grassy backyard is ideal for relaxing or entertaining. Conveniently located near shopping, dining, and parks, this move-in-ready gem has it all! Short Sale. Subject to bank approval.
Condition Rating
Good
Built in 1952, this property has undergone significant updates, as indicated by the 'modern kitchen' and 'move-in-ready gem' descriptions. The exterior image shows a well-maintained home with fresh paint, a modern garage door, and neat landscaping, suggesting recent renovations. While the property's age means some underlying systems might be older, the visible updates and description point to a home that is move-in ready with no immediate renovation required, fitting the 'Good' category. Without interior photos of all areas, especially bathrooms, and specific renovation dates, it's difficult to confirm if all components are 'virtually new' for an 'Excellent' rating.
Pros & Cons
Pros
Desirable Location: Situated on a quiet cul-de-sac in Valley Glen, offering both tranquility and convenient access to local shopping, dining, and parks.
Updated Interior & Layout: Features a bright, open layout with a modern kitchen and ample storage, appealing to contemporary living preferences.
Private Outdoor Space: Includes a private grassy backyard, ideal for relaxation and entertaining.
Move-in Ready Condition: Described as a 'move-in-ready gem,' minimizing immediate renovation needs for a buyer.
Functional Floor Plan: Offers a practical 3 bedroom, 2.5 bathroom configuration suitable for various household sizes.
Cons
Short Sale Transaction: The property is a short sale, subject to bank approval, which can lead to a prolonged and complex closing process.
Significant Overpricing: The current list price of $1.55M is considerably higher than the estimated property value of approximately $996K, indicating a substantial pricing discrepancy that may hinder buyer interest.
Age of Property: Built in 1952, the property's age, despite updates, may raise concerns about the condition of underlying systems (e.g., plumbing, electrical, roof) not explicitly mentioned as upgraded.