1307 Oakhurst St Drive, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath
ACTIVE$455,000
1307 Oakhurst St Drive, San Bernardino, California 92404
3Beds
2Baths
1,152Sqft
6,412Lot
Price Vs. Estimate
The estimated value ($200,549.475) is $254,450.525 (55%) lower than the list price ($455,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Accessibility: Conveniently located near schools, a park, and offers easy access to major freeways (210 and 215), enhancing daily commute and family activities.
Top Cons:
Significant Valuation Discrepancy: The property's listing price is substantially higher than its estimated value (estimation ratio -55%), suggesting it may be significantly overpriced or has underlying issues not reflected in the description, potentially hindering buyer interest and financing.
Compared to the nearby listings
Price:$455.0K vs avg $505.0K ($-50,000)30%
Size:1,152 sqft vs avg 1,370 sqft27%
Price/sqft:$395 vs avg $36169%
More Insights
Built in 1952 (73 years old).
Condition: Built in 1952, this home shows signs of being aged but maintained. The kitchen features updated dark cabinets, granite-look countertops, and a mosaic backsplash, which appear to be from a renovation 10-20 years ago, but not a recent, modern update. Appliances are functional but not high-end. The flooring is tile throughout, which is clean but not contemporary. A wall-mounted AC unit is visible, indicating an outdated cooling system rather than central air. While the property is clean and functional, it requires further updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Year Built
1952
Close
-
List price
$455K
Original List price
$455K
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
219129058PS
Home ConditionFair
Features
Patio
View-
About this home
Great opportunity to own a cozy home in San Bernardino, conveniently located near schools, park, and easy access to the 210 and 215 Freeway. This home makes a great home for a first time homebuyer, offering 3 bedrooms, 2 bath, lots of nature light and a huge backyard!Home has lots of potential offering a good size lot ready for family entertainment.Home does have Solar panels which will need to be assumed by Buyer.
Condition Rating
Fair
Built in 1952, this home shows signs of being aged but maintained. The kitchen features updated dark cabinets, granite-look countertops, and a mosaic backsplash, which appear to be from a renovation 10-20 years ago, but not a recent, modern update. Appliances are functional but not high-end. The flooring is tile throughout, which is clean but not contemporary. A wall-mounted AC unit is visible, indicating an outdated cooling system rather than central air. While the property is clean and functional, it requires further updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location & Accessibility: Conveniently located near schools, a park, and offers easy access to major freeways (210 and 215), enhancing daily commute and family activities.
Generous Outdoor Space: Features a 'huge backyard' and 'good size lot' (6412 sqft), providing ample room for family entertainment and outdoor living.
Abundant Natural Light: The home benefits from 'lots of natural light,' creating a bright and inviting interior atmosphere.
First-Time Homebuyer Suitability: Explicitly positioned as a 'great home for a first time homebuyer,' indicating an accessible entry point into homeownership in the area.
Energy Efficiency (Solar Panels): Includes solar panels, which can lead to reduced utility costs and appeal to environmentally conscious buyers, despite the assumption requirement.
Cons
Significant Valuation Discrepancy: The property's listing price is substantially higher than its estimated value (estimation ratio -55%), suggesting it may be significantly overpriced or has underlying issues not reflected in the description, potentially hindering buyer interest and financing.
Buyer Assumption of Solar Panel Obligation: The requirement for the buyer to assume the existing solar panel contract (lease or loan) adds a financial commitment and potential complexity to the purchase.
Age and Potential for Required Updates: Built in 1952, the home's age and the phrase 'lots of potential' imply that significant updates or renovations may be necessary to modernize the property and align it with current buyer expectations, especially when compared to more recently updated comparables.