13062 Safford Street, Garden Grove, California 92843, Garden Grove, 92843 - 3 bed, 2 bath

13062 Safford Street, Garden Grove, California 92843 home-pic-0
ACTIVE$1,599,999
13062 Safford Street, Garden Grove, California 92843
3Beds
2Baths
1,758Sqft
14,937Lot

Price Vs. Estimate

The estimated value ($1,281,572.715) is $318,426.285 (19%) lower than the list price ($1,599,999). 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 = 14937, living area = 1758.
Top Cons:
Significant Overpricing: The listing price is approximately 19% above the estimated property value, which may impact market competitiveness and buyer interest.

Compared to the nearby listings

Price:$1.60M vs avg $994.0K (+$605,999)98%
Size:1,758 sqft vs avg 1,315 sqft83%
Price/sqft:$910 vs avg $72383%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, this property has undergone extensive recent renovations, as evidenced by the description and images. It features new paint, new laminate flooring throughout, a brand new A/C system, and updated light fixtures. The kitchen boasts stainless steel appliances (refrigerator, gas cooktop, microwave) and new countertops, with refreshed painted cabinets. The bathroom has also been fully updated with a new vanity, sink, faucet, mirror, and a modern shower/tub combo with new tiling. These significant updates bring the property to a virtually new condition, meeting current quality standards and making it move-in ready.
Year Built
1950
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$910
HOA
-
Days on market
-
Sold On
-
MLS number
PW25067643
Home ConditionExcellent
Features
View-

About this home

House 3 bedrooms, 2 baths is located in a very desirable neighborhood of Garden Grove. The home offers new paint, new floor, a large open kitchen to eating area, stainless steel appliances, lots of windows, brand new A/C, big living room with an inside big laundry room. There's a detached 2 car garage, huge yard with a long drive way. Huge lot size, it has a lot potential for expansion around 15,000sf. Don't miss the endless possibilities with this special property…

Condition Rating
Excellent

Despite being built in 1950, this property has undergone extensive recent renovations, as evidenced by the description and images. It features new paint, new laminate flooring throughout, a brand new A/C system, and updated light fixtures. The kitchen boasts stainless steel appliances (refrigerator, gas cooktop, microwave) and new countertops, with refreshed painted cabinets. The bathroom has also been fully updated with a new vanity, sink, faucet, mirror, and a modern shower/tub combo with new tiling. These significant updates bring the property to a virtually new condition, meeting current quality standards and making it move-in ready.
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 = 14937, living area = 1758.
Desirable Location: The property is situated in a 'very desirable neighborhood of Garden Grove,' enhancing its appeal and potential for appreciation.
Extensive Lot Size & Expansion Potential: A 'huge lot size' of nearly 15,000 sqft offers significant potential for future expansion, an Accessory Dwelling Unit (ADU), or extensive landscaping.
Recent Interior Updates: Features 'new paint, new floor, stainless steel appliances, and a brand new A/C,' providing a move-in ready condition for immediate occupancy.
Functional Layout: Boasts a 'large open kitchen to eating area' and a 'big living room with an inside big laundry room,' catering to modern living preferences.
Detached Garage & Ample Parking: Includes a 'detached 2 car garage' and a 'long driveway,' offering generous parking and potential for alternative uses or future development.

Cons

Significant Overpricing: The listing price is approximately 19% above the estimated property value, which may impact market competitiveness and buyer interest.
Age of Property: Built in 1950, the property's age suggests potential for older underlying infrastructure (e.g., plumbing, electrical) that may not have been fully updated, despite cosmetic renovations.
Limited Bedroom Count for Price/Lot: With 3 bedrooms, the property might be less attractive to buyers seeking more rooms, especially given the large lot size and high price point, compared to properties with more existing living space or ADU.

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