13282 Cherry Street, Westminster, California 92683, Westminster, 92683 - 3 bed, 2 bath
ACTIVE$1,099,000
13282 Cherry Street, Westminster, California 92683
3Beds
2Baths
1,200Sqft
7,560Lot
Price Vs. Estimate
The estimated value ($763,874.36) is $335,125.64 (30%) lower than the list price ($1,099,000). 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 = 7560, living area = 1200.
Top Cons:
Significant Overpricing: The current listing price of $1,099,000 is substantially higher than the estimated property value of $763,874.36, indicating a potential challenge in market competitiveness.
Compared to the nearby listings
Price:$1.10M vs avg $1.11M ($-8,500)46%
Size:1,200 sqft vs avg 1,676.5 sqft8%
Price/sqft:$916 vs avg $66096%
More Insights
Built in 1956 (69 years old).
Condition: Despite being built in 1956, this property has undergone a comprehensive and recent renovation, aligning perfectly with the 'Excellent' criteria. The description and images showcase a modern interior with new vinyl flooring, fresh paint, recessed lighting, and a delightful kitchen featuring quartz countertops, sleek white cabinetry, and stainless steel appliances. Bathrooms are updated with new tile and modern fixtures. Crucially, major systems like the roof, 200 AMP electrical panel, dual-pane windows, and central air/heating are all new, indicating minimal physical depreciation and meeting current quality standards.
Year Built
1956
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$916
HOA
-
Days on market
-
Sold On
-
MLS number
PW25129209
Home ConditionExcellent
Features
Patio
View-
About this home
Home has undergone thoughtful remodeled and upgraded. Single family residence with 3 bedrooms and 2 bathrooms. Modern interior with new vinyl flooring throughout, beautiful Fireplace in living room. new and fresh interior and exterior paint, new recessed lighting, delight kitchen with quartz countertops, sleek white cabinetry, stainless steel ranges. Updated new bathroom with tile flooring, new roof, new 200 AMP panel, dual pane windows, good size backyard offers potential for building an accessory Dwelling Unit (ADU). The detached 2-car garage, central Air and Central Heating. Located is a highly desirable neighborhood in the City of Westminster, California. Providing convenient access to great shopping center, entertainment, restaurant and much more. Convenience location.
Condition Rating
Excellent
Despite being built in 1956, this property has undergone a comprehensive and recent renovation, aligning perfectly with the 'Excellent' criteria. The description and images showcase a modern interior with new vinyl flooring, fresh paint, recessed lighting, and a delightful kitchen featuring quartz countertops, sleek white cabinetry, and stainless steel appliances. Bathrooms are updated with new tile and modern fixtures. Crucially, major systems like the roof, 200 AMP electrical panel, dual-pane windows, and central air/heating are all new, indicating minimal physical depreciation and meeting current quality standards.
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 = 7560, living area = 1200.
Comprehensive Modern Renovation: The property boasts a thoughtful and extensive remodel, including new vinyl flooring, fresh interior/exterior paint, recessed lighting, a delightful kitchen with quartz countertops, sleek white cabinetry, stainless steel ranges, and updated bathrooms.
Major System Upgrades: Key infrastructure has been updated with a new roof, new 200 AMP electrical panel, dual-pane windows, and central air and heating, providing modern comfort and reducing immediate maintenance concerns.
ADU Potential: The good-sized backyard offers significant potential for building an Accessory Dwelling Unit (ADU), which can provide additional income or multi-generational living options.
Desirable & Convenient Location: Situated in a highly desirable Westminster neighborhood, offering convenient access to shopping centers, entertainment, restaurants, and major freeways.
Detached 2-Car Garage: The property includes a detached 2-car garage, providing ample parking and storage, a valuable feature for many homeowners.
Cons
Significant Overpricing: The current listing price of $1,099,000 is substantially higher than the estimated property value of $763,874.36, indicating a potential challenge in market competitiveness.
Older Original Construction: Despite extensive remodels, the home was originally built in 1956, which may raise concerns about underlying older infrastructure not explicitly mentioned as updated (e.g., original plumbing lines, foundation, etc.).
Modest Square Footage for Price: At 1200 sqft, the living space is relatively modest for a property listed at over $1 million in this market, potentially limiting its appeal to buyers seeking larger homes for the price.