1329 W 3rd St, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 4 bath
ACTIVE$498,000
1329 W 3rd St, San Bernardino, California 92410
3Beds
4Baths
996Sqft
5,940Lot
Price Vs. Estimate
The estimated value ($225,952.765) is $272,047.235 (54%) lower than the list price ($498,000). This property may be overpriced.
Key pros and cons
Top Pros:
Move-in Ready: The property is advertised as 'move-in ready,' appealing to buyers seeking immediate occupancy without extensive initial work.
Top Cons:
Significant Overpricing: The listing price of $498,000 is substantially higher than the estimated property value of $225,952.76, suggesting a potential overvaluation of over 100%.
Compared to the nearby listings
Price:$498.0K vs avg $452.5K (+$45,500)58%
Size:996 sqft vs avg 1,227 sqft32%
Price/sqft:$500 vs avg $36694%
More Insights
Built in 1904 (121 years old).
Condition: Built in 1904, this property shows signs of regular upkeep and some functional updates, such as stainless steel kitchen appliances and updated flooring. However, the kitchen cabinets and countertops are dated in style, and the bathrooms, while functional, also reflect older aesthetics. The home is livable and appears well-maintained, but would benefit from cosmetic updates in key areas like the kitchen and bathrooms to meet current standards, aligning with the 'fair' condition criteria.
Year Built
1904
Close
-
List price
$498K
Original List price
$489K
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
IV25078655
Home ConditionFair
Features
Patio
View-
About this home
Looking for a move-in ready home? This beautiful gem MLS 3- bed-2 bath is now on the market AS-IS- no extra hassle, Just a great deal! With some upgrades across the property, spacious backyard, good location,perfect for first time buyers. Don’t miss this opportunity-homes like this don’t last long!
Condition Rating
Fair
Built in 1904, this property shows signs of regular upkeep and some functional updates, such as stainless steel kitchen appliances and updated flooring. However, the kitchen cabinets and countertops are dated in style, and the bathrooms, while functional, also reflect older aesthetics. The home is livable and appears well-maintained, but would benefit from cosmetic updates in key areas like the kitchen and bathrooms to meet current standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Move-in Ready: The property is advertised as 'move-in ready,' appealing to buyers seeking immediate occupancy without extensive initial work.
Recent Upgrades: The description highlights 'some upgrades across the property,' suggesting improved condition and potentially reduced immediate renovation costs for a buyer.
Spacious Backyard: The presence of a 'spacious backyard' offers valuable outdoor living space, appealing to families or those desiring room for recreation and gardening.
Good Location: The property is noted to be in a 'good location,' which is a key factor for desirability and potential appreciation.
First-Time Buyer Appeal: Explicitly marketed as 'perfect for first time buyers,' indicating it may meet common criteria for this market segment, such as affordability or manageable size.
Cons
Significant Overpricing: The listing price of $498,000 is substantially higher than the estimated property value of $225,952.76, suggesting a potential overvaluation of over 100%.
As-Is Condition: Being sold 'AS-IS' implies the seller will not undertake any further repairs or improvements, transferring all responsibility for potential issues to the buyer.
Historic Age & Potential Maintenance: Built in 1904, the property's considerable age, despite upgrades, may indicate a higher likelihood of needing ongoing maintenance or having older infrastructure and systems.