134 N American Street, Ridgecrest, CA 93555, Ridgecrest, 93555 - 4 bed, 2 bath

134 N American Street, Ridgecrest, CA 93555 home-pic-0
ACTIVE$300,000$1,916/sqft
Est. Value: $282,813
-5%
AboveEstimate
134 N American Street, Ridgecrest, CA 93555
4Beds
2Baths
1,916Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($282,812.765) is $17,187.235 (5%) lower than the list price ($300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Financial Incentive: The availability of seller credit for an interest rate buy-down offers a significant financial advantage to potential buyers, making the home more affordable in the current market.
Top Cons:
Age of Property: Built in 1985, the property's core systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future maintenance or replacement.

Compared to the nearby listings

Price:$300.0K vs avg $235.0K (+$65,000)72%
Size:1,916 sqft vs avg 1,388 sqft86%
Price/sqft:$157 vs avg $16541%

More Insights

Built in 1985 (41 years old).
Condition: Built in 1985, the property has received recent cosmetic updates including fresh paint, updated countertops, backsplash, and flooring (wood-look laminate and tile), making it move-in ready. The bathrooms also feature updated vanities and tiling. However, these are primarily cosmetic updates, and the kitchen still retains older-style cabinets and mixed appliances, indicating it's not fully modernized. The property's age suggests that major systems may be original or nearing the end of their lifespan, aligning with the 'Fair' criteria for an aged home maintained through regular upkeep and occasional updates, where major components are functional but show signs of being outdated.
Year Built
1985
Close
-
List price
$300K
Original List price
-
Price/Sqft
$157
HOA
$0
Days on market
-
Sold On
-
MLS number
HD25116936
Home ConditionFair
Features
Patio
View-

About this home

This charming single-story home in Ridgecrest, CA, has updates and a prime location close to all amenities. The interior features fresh paint and updated countertops, providing a stylish and functional living space. The open floor plan enhances the home's spacious feel, while the private backyard with a covered patio offers a perfect spot for relaxation. With its proximity to shopping, dining, and entertainment options, this home combines comfort and convenience in a desirable neighborhood. Seller credit available for interest rate buy-down!

M
Merriel Corpus McCallum
Listing Agent

Price History

Date
Event
Price
10/27/95
Sold
$85,000
08/21/14
Sold
$164,000
04/25/02
Sold
$96,000
Condition Rating
Fair

Built in 1985, the property has received recent cosmetic updates including fresh paint, updated countertops, backsplash, and flooring (wood-look laminate and tile), making it move-in ready. The bathrooms also feature updated vanities and tiling. However, these are primarily cosmetic updates, and the kitchen still retains older-style cabinets and mixed appliances, indicating it's not fully modernized. The property's age suggests that major systems may be original or nearing the end of their lifespan, aligning with the 'Fair' criteria for an aged home maintained through regular upkeep and occasional updates, where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Financial Incentive: The availability of seller credit for an interest rate buy-down offers a significant financial advantage to potential buyers, making the home more affordable in the current market.
Prime Location: The property boasts a desirable location with convenient proximity to shopping, dining, and entertainment options, enhancing its appeal for daily living.
Recent Interior Updates: The interior features fresh paint and updated countertops, providing a modern and move-in ready aesthetic for new homeowners.
Functional Layout: An open floor plan contributes to a spacious and inviting atmosphere, catering to contemporary living preferences.
Private Outdoor Space: A private backyard with a covered patio offers an ideal setting for relaxation and outdoor entertaining.

Cons

Age of Property: Built in 1985, the property's core systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future maintenance or replacement.
Limited Specificity on Updates: While 'updates' are mentioned, the description primarily highlights cosmetic changes (fresh paint, updated countertops) without detailing upgrades to major systems, which could lead to unforeseen costs.
Potential for Further Investment: Given the age and the general nature of the described updates, a buyer may need to budget for additional renovations or repairs to non-cosmetic elements to fully modernize the home.
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