1503 Indian Trail, San Bernardino, California 92407, San Bernardino, 92407 - 3 bed, 2 bath
ACTIVE$500,000
1503 Indian Trail, San Bernardino, California 92407
3Beds
2Baths
1,408Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($400,102.97) is $99,897.03 (19%) lower than the list price ($500,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strategic Location: The property boasts a convenient location near Cal State San Bernardino, offering easy freeway access for commuters and proximity to various shopping and dining establishments.
Top Cons:
Fixer-Upper Condition: The property is explicitly described as a 'fixer upper,' indicating that it will require substantial renovation, repairs, and financial investment from the buyer.
Compared to the nearby listings
Price:$500.0K vs avg $595.0K ($-95,000)18%
Size:1,408 sqft vs avg 1,793 sqft26%
Price/sqft:$355 vs avg $32464%
More Insights
Built in 1979 (46 years old).
Condition: The property, built in 1979 (45 years old), is explicitly described as a 'fixer upper' requiring 'substantial renovation, repairs, and financial investment.' The exterior images show significant neglect, particularly the landscaping, and suggest the need for exterior maintenance. While no interior images are provided, the age and 'fixer upper' status strongly indicate that the kitchen, bathrooms, and major systems are original or severely outdated and in poor condition, necessitating extensive updates and rehabilitation to meet modern standards and functionality.
Year Built
1979
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
IG25249441
Home ConditionPoor
Features
View-
About this home
Convenient location to Cal State San Bernardino, easy access to the freeway for commuting. Shopping and many eating establishments in the area ( dine in & fast food). Fixer upper property with great potential as owner occupied or rental property.
Condition Rating
Poor
The property, built in 1979 (45 years old), is explicitly described as a 'fixer upper' requiring 'substantial renovation, repairs, and financial investment.' The exterior images show significant neglect, particularly the landscaping, and suggest the need for exterior maintenance. While no interior images are provided, the age and 'fixer upper' status strongly indicate that the kitchen, bathrooms, and major systems are original or severely outdated and in poor condition, necessitating extensive updates and rehabilitation to meet modern standards and functionality.
Pros & Cons
Pros
Strategic Location: The property boasts a convenient location near Cal State San Bernardino, offering easy freeway access for commuters and proximity to various shopping and dining establishments.
Investment Potential: Explicitly highlighted as having 'great potential as owner occupied or rental property,' making it attractive to both first-time buyers looking to build equity and real estate investors.
Desirable Property Type: As a single-family residence with 3 bedrooms and 2 bathrooms on a 7200 sqft lot, it offers a popular and versatile layout appealing to a broad range of buyers.
Established Community: Located in San Bernardino, the property benefits from being part of an established city with existing infrastructure and amenities.
Active Market Status: The property is currently active on the market, indicating immediate availability for purchase and negotiation.
Cons
Fixer-Upper Condition: The property is explicitly described as a 'fixer upper,' indicating that it will require substantial renovation, repairs, and financial investment from the buyer.
Overpriced Listing: The list price of $500,000 is approximately 19% above the estimated property value of $403,706, which may deter potential buyers and complicate appraisal or financing.
Property Age: Built in 1979, the home is 45 years old, suggesting that major systems (plumbing, electrical, HVAC, roof) and finishes may be original or outdated, requiring significant updates.