15177 Greenrock Avenue, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
ACTIVE$350,000$1,300/sqft
Est. Value: $364,618
4%
BelowEstimate
15177 Greenrock Avenue, Lancaster, California 93535
3Beds
2Baths
1,300Sqft
48,817Lot
Price Vs. Estimate
The estimated value ($364,617.555) is $14,617.555 (4%) higher than the list price ($350,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48817, living area = 1300.
Top Cons:
As-Is Condition: The property is being sold 'as-is,' meaning the seller will not undertake repairs, and the buyer assumes full responsibility for any necessary maintenance, repairs, or upgrades.
Compared to the nearby listings
Price:$350.0K vs avg $440.0K ($-90,000)10%
Size:1,300 sqft vs avg 1,592 sqft20%
Price/sqft:$269 vs avg $26851%
More Insights
Built in 1987 (39 years old).
Condition: Built in 1987, this property is 37 years old. While it features updated stainless steel kitchen appliances, granite countertops, and laminate wood flooring in living areas and bedrooms, the kitchen cabinets and tile flooring in the kitchen and bathrooms appear dated. The bathrooms have updated vanities and countertops but retain an older aesthetic. The listing explicitly states it's being sold 'as-is' and offers an 'opportunity for updates,' indicating that while functional, it requires cosmetic updates to meet current standards and styles. It is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Year Built
1987
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$269
HOA
-
Days on market
-
Sold On
-
MLS number
DW26007764
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills
About this home
Great opportunity in Lancaster. This 3 bedroom, 2 bath home offers approximately 1,300 sqft of living space on just over 1 acre of land. The open living area includes a fireplace, an open kitchen, and a generously sized primary suite with ample closet space. The property features an RV gate and an expanded driveway with parking for up to four vehicles. The large lot provides room for future expansion or ranch-style living. The home is being sold as-is and offers an opportunity for updates, with pricing that reflects its current condition. Solar panels are to be assumed by the buyer and offer a large monthly savings.
Y
Yesenia Diaz
Listing Agent
Price History
Date
Event
Price
02/14/96
Sold
$78,000
10/19/21
Sold
$365,000
12/12/17
Sold
$165,000
Condition Rating
Fair
Built in 1987, this property is 37 years old. While it features updated stainless steel kitchen appliances, granite countertops, and laminate wood flooring in living areas and bedrooms, the kitchen cabinets and tile flooring in the kitchen and bathrooms appear dated. The bathrooms have updated vanities and countertops but retain an older aesthetic. The listing explicitly states it's being sold 'as-is' and offers an 'opportunity for updates,' indicating that while functional, it requires cosmetic updates to meet current standards and styles. It is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48817, living area = 1300.
Expansive Lot Size: The property boasts a generous lot size of just over 1 acre (48,817 sqft), providing ample space for future expansion, extensive landscaping, or potential ranch-style living.
Solar Panel Savings: Existing solar panels are to be assumed by the buyer, offering a significant advantage through reduced monthly utility costs and promoting energy efficiency.
RV & Ample Parking: Equipped with an RV gate and an expanded driveway, the property offers convenient parking for up to four vehicles, catering to multi-car households or recreational vehicle owners.
Value-Add Opportunity: Priced to reflect its current 'as-is' condition, this home presents a clear opportunity for buyers to personalize, update, and potentially increase its market value through renovations.
Scenic Hills View: The property offers desirable views of the surrounding hills, enhancing its aesthetic appeal and providing a pleasant backdrop for daily living.
Cons
As-Is Condition: The property is being sold 'as-is,' meaning the seller will not undertake repairs, and the buyer assumes full responsibility for any necessary maintenance, repairs, or upgrades.
Requires Updates: The description indicates an 'opportunity for updates,' implying the home is not fully modernized and will require additional investment to meet contemporary aesthetic or functional standards.
Age of Property: Built in 1987, the home is over 35 years old, suggesting that major systems and finishes may be original or nearing the end of their lifespan, potentially requiring future capital expenditures.