1470 Coral Tree, San Bernardino, California 92408, San Bernardino, 92408 - 3 bed, 3 bath
ACTIVE$490,000$1,274/sqft
Est. Value: $380,944
-22%
AboveEstimate
1470 Coral Tree, San Bernardino, California 92408
3Beds
3Baths
1,274Sqft
3,150Lot
Price Vs. Estimate
The estimated value ($380,943.715) is $109,056.285 (22%) lower than the list price ($490,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strategic Location: The property boasts a highly strategic location, offering convenient access to major hospitals (Loma Linda, VA), businesses, recreational facilities, and a diverse selection of restaurants.
Top Cons:
Requires TLC/Updates: The property description explicitly states it 'may need a little TLC,' implying potential for immediate repair, renovation, or cosmetic updates by the new owner.
Compared to the nearby listings
Price:$490.0K vs avg $495.0K ($-5,000)47%
Size:1,274 sqft vs avg 1,274 sqft50%
Price/sqft:$385 vs avg $37853%
More Insights
Built in 1989 (37 years old).
Condition: Built in 1989, this property is 35 years old and shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features older white appliances, black painted cabinets, worn countertops, a dated backsplash, and an old fluorescent light fixture. Bathrooms have original-style vanities, basic fixtures, and strip lighting. Flooring is a mix of worn tile and carpet. While functional, the home requires substantial cosmetic updates and renovations to meet current standards, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated and needing minor updates or repairs.
Year Built
1989
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$385
HOA
$75
Days on market
-
Sold On
-
MLS number
IV26010871
Home ConditionFair
Features
View-
About this home
Loma LInda Village property!!! Strategically located house as this is near Hospitals, Businesses, recreational facilities and Restaurants, Costco and Sam's Club, Loma Linda and VA Hospitals, Upscale and Fast food restaurants etc. .. This house may need a little TLC but is worth your visit.
E
EDGARDO ESPIRITU
Listing Agent
Price History
Date
Event
Price
05/12/94
Sold
$75,000
Condition Rating
Fair
Built in 1989, this property is 35 years old and shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features older white appliances, black painted cabinets, worn countertops, a dated backsplash, and an old fluorescent light fixture. Bathrooms have original-style vanities, basic fixtures, and strip lighting. Flooring is a mix of worn tile and carpet. While functional, the home requires substantial cosmetic updates and renovations to meet current standards, aligning with the 'fair' condition criteria of being aged but maintained, with major components showing signs of being outdated and needing minor updates or repairs.
Pros & Cons
Pros
Strategic Location: The property boasts a highly strategic location, offering convenient access to major hospitals (Loma Linda, VA), businesses, recreational facilities, and a diverse selection of restaurants.
Retail Proximity: Exceptional retail convenience with close proximity to large retailers such as Costco and Sam's Club, simplifying daily errands and shopping needs.
Loma Linda Village Affiliation: Positioned within the desirable 'Loma Linda Village,' suggesting a well-regarded community with potential for specific amenities or a strong neighborhood identity.
Functional Layout: A practical and versatile layout featuring 3 bedrooms and 3 bathrooms, suitable for families or individuals seeking ample living space and privacy.
Historical Appreciation Potential: Demonstrated significant historical appreciation, having sold for $75,000 in 1994 and now listed at $490,000, indicating strong long-term investment potential in the area.
Cons
Requires TLC/Updates: The property description explicitly states it 'may need a little TLC,' implying potential for immediate repair, renovation, or cosmetic updates by the new owner.
Property Age: Built in 1989, the home is over 30 years old, which could mean that major systems (HVAC, plumbing, electrical) or interior finishes may be original and require future upgrades or replacement.
Modest Lot Size: With a lot size of 3150 sqft, the outdoor space is relatively limited, which might not appeal to buyers desiring a larger yard for gardening, recreation, or extensive landscaping.