13714 Longworth, Norwalk, California 90650, Norwalk, 90650 - 3 bed, 1 bath

13714 Longworth, Norwalk, California 90650 home-pic-0
ACTIVE UNDER CONTRACT$685,000$1,049/sqft
Est. Value: $706,776
3%
BelowEstimate
13714 Longworth, Norwalk, California 90650
3Beds
1Bath
1,049Sqft
5,213Lot

Price Vs. Estimate

The estimated value ($706,776.44) is $21,776.44 (3%) higher than the list price ($685,000). This property may be underpriced.

Key pros and cons

Top Pros:
Significant Price Adjustment: The property has seen a notable price reduction from $735,000 to $685,000, making it more competitive and appealing to potential buyers.
Top Cons:
Limited Bathroom Count: Having only one bathroom for a three-bedroom home is a significant functional limitation for families and modern living standards.

Compared to the nearby listings

Price:$685.0K vs avg $760.0K ($-75,000)21%
Size:1,049 sqft vs avg 1,149 sqft30%
Price/sqft:$653 vs avg $65052%

More Insights

Built in 1950 (76 years old).
Condition: Built in 1950, the property is aged but appears maintained. The kitchen features dated wooden cabinets, older white laminate countertops, and a mosaic tile backsplash that, while an update, is not contemporary. Appliances include a newer stainless steel range but an older black refrigerator. The bathroom is functional but very dated with its tile choices, pedestal sink, and vanity. Flooring throughout consists of older square tiles and worn parquet, and the property relies on wall heaters and window AC units, indicating a lack of modern central HVAC. While livable, significant updates are needed to modernize the style and systems.
Year Built
1950
Close
-
List price
$685K
Original List price
$735K
Price/Sqft
$653
HOA
-
Days on market
-
Sold On
-
MLS number
CV26002464
Home ConditionFair
Features
Patio
View-

About this home

J
Jocelyn Ruiz
Listing Agent

Price History

Date
Event
Price
08/10/15
Sold
$390,000
Condition Rating
Fair

Built in 1950, the property is aged but appears maintained. The kitchen features dated wooden cabinets, older white laminate countertops, and a mosaic tile backsplash that, while an update, is not contemporary. Appliances include a newer stainless steel range but an older black refrigerator. The bathroom is functional but very dated with its tile choices, pedestal sink, and vanity. Flooring throughout consists of older square tiles and worn parquet, and the property relies on wall heaters and window AC units, indicating a lack of modern central HVAC. While livable, significant updates are needed to modernize the style and systems.
Pros & Cons

Pros

Significant Price Adjustment: The property has seen a notable price reduction from $735,000 to $685,000, making it more competitive and appealing to potential buyers.
Active Under Contract Status: Currently 'Active Under Contract,' indicating strong buyer interest and market validation, suggesting a desirable property.
Generous Lot Size: A 5,213 sqft lot provides ample outdoor space for potential landscaping, expansion, or recreational use, a valuable asset in urban areas.
Established Neighborhood: Built in 1950, the home is likely situated in a mature, well-established Norwalk neighborhood, often sought after for its character and community feel.
Strong Historical Appreciation: The property's value has shown substantial growth since its last sale in 2015, indicating a robust local market and potential for future investment returns.

Cons

Limited Bathroom Count: Having only one bathroom for a three-bedroom home is a significant functional limitation for families and modern living standards.
Age of Property: Built in 1950, the property may require significant updates to its infrastructure (e.g., plumbing, electrical, HVAC) to meet contemporary standards and avoid future maintenance issues.
Compact Interior Space: With 1049 sqft for three bedrooms, the interior living space is relatively small, which might feel restrictive for some buyers or larger households.
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