13044 16th Street, Chino, California 91710, Chino, 91710 - 3 bed, 2 bath

13044 16th Street, Chino, California 91710 home-pic-0
ACTIVE$680,000
13044 16th Street, Chino, California 91710
3Beds
2Baths
1,386Sqft
7,227Lot

Price Vs. Estimate

The estimated value ($402,446.165) is $277,553.835 (40%) lower than the list price ($680,000). 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 = 7227, living area = 1386.
Top Cons:
Significant Valuation Discrepancy: The property's current listing price of $680,000 is substantially higher than its estimated value of $402,446, suggesting it may be significantly overpriced relative to market data or require substantial justification for its premium.

Compared to the nearby listings

Price:$680.0K vs avg $782.0K ($-102,000)20%
Size:1,386 sqft vs avg 1,724 sqft24%
Price/sqft:$491 vs avg $45461%

More Insights

Built in 1976 (49 years old).
Condition: Built in 1976, this property shows significant signs of age and outdated features, particularly in the kitchen and bathrooms. The kitchen features dark, dated cabinetry, older laminate or tile countertops, and white appliances that are likely original or from a renovation over 20-30 years ago. The bathrooms also exhibit older vanities, fixtures, and tile work, requiring a complete overhaul to meet current aesthetic and functional standards. While the property appears to be maintained, it has not undergone major renovations in recent decades, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated and requiring minor to moderate updates.
Year Built
1976
Close
-
List price
$680K
Original List price
$730K
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
OC25023073
Home ConditionFair
Features
Patio
View-

About this home

This house is located in a very quiet area Close to shopping centers A very quiet neighborhood And schools very close to home

Condition Rating
Fair

Built in 1976, this property shows significant signs of age and outdated features, particularly in the kitchen and bathrooms. The kitchen features dark, dated cabinetry, older laminate or tile countertops, and white appliances that are likely original or from a renovation over 20-30 years ago. The bathrooms also exhibit older vanities, fixtures, and tile work, requiring a complete overhaul to meet current aesthetic and functional standards. While the property appears to be maintained, it has not undergone major renovations in recent decades, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated and requiring minor to moderate updates.
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 = 7227, living area = 1386.
Desirable Location Attributes: The property is situated in a very quiet area and neighborhood, offering peace and tranquility, while also being conveniently close to shopping centers and schools.
Generous Lot Size: With a lot size of 7227 sqft, the property offers ample outdoor space for potential landscaping, gardening, or future expansion opportunities.
Established Community: Built in 1976, the home is located within an established part of Chino, which often implies mature infrastructure, stable surroundings, and a developed community.
Seller Flexibility (Price Reduction): The listing price has been reduced from $730,000 to $680,000, indicating a motivated seller and potential for buyers to secure a more favorable deal.
Single-Family Residence: As a single-family residence, the property offers privacy and land ownership, a highly sought-after asset type in the residential market.

Cons

Significant Valuation Discrepancy: The property's current listing price of $680,000 is substantially higher than its estimated value of $402,446, suggesting it may be significantly overpriced relative to market data or require substantial justification for its premium.
Lack of Modern Upgrades/Amenities: The property description is sparse on details regarding recent renovations or desirable modern amenities (e.g., updated kitchen/baths, central AC, pool), implying it may be in original or dated condition and require significant buyer investment for updates.
Older Construction (Potential for Deferred Maintenance): Built in 1976, the property's age suggests that major systems (e.g., roof, plumbing, electrical, HVAC) may be original or nearing the end of their lifespan, potentially leading to significant repair or replacement costs for a new owner.

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