15225 Ramona Road, Apple Valley, California 92307, Apple Valley, 92307 - 4 bed, 3 bath

15225 Ramona Road, Apple Valley, California 92307 home-pic-0
ACTIVE$447,800
15225 Ramona Road, Apple Valley, California 92307
4Beds
3Baths
1,940Sqft
55,756Lot

Price Vs. Estimate

The estimated value ($307,161.73) is $140,638.27 (31%) lower than the list price ($447,800). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Financing Options: The availability of seller financing, lease-to-own options, and a 1% down payment program significantly broadens the buyer pool and offers financial flexibility.
Top Cons:
Unpermitted Structure Risk: The second living unit is unpermitted, which could lead to legal complications, require costly legalization, or impact financing and insurance.

Compared to the nearby listings

Price:$447.8K vs avg $460.0K ($-12,200)45%
Size:1,940 sqft vs avg 1,940 sqft50%
Price/sqft:$231 vs avg $24342%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old and shows significant signs of age and deferred maintenance. The interior images reveal a very dated kitchen with old wood cabinets and white tile flooring, stained carpets in the living area, and an outdated stone fireplace. The description explicitly states 'AS IS' and offers credit for customization like paint and appliances, indicating substantial cosmetic and functional updates are needed. The presence of an 'unpermitted unit' also suggests potential issues. While not a tear-down, the property requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Year Built
1972
Close
-
List price
$448K
Original List price
$448K
Price/Sqft
$231
HOA
-
Days on market
-
Sold On
-
MLS number
IG25122741
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

SELLER FINANCING AVAILABLE OR LEASE TO OWN AVAILABLE. BUY THIS HOME WITH A MORTGAGE LOAN 1% DOWN(1-TIME HOME BUYERS)-SEE SUPPLENTES FOR INFO. The seller is willing to negotiate either closing cost or 2-1 buy down interest or price if you buy it AS IS. Your family-friendly ranch can become a reality with this property. This ranch home features 3 bedrooms and 1 bath in the main house, and a second, unpermitted unit features a 1 bedroom, 1 bath, and an outside barbecue kitchen. Not to mention, this property boasts 1.28 flat acres where you could build another house in the back yard, creating space for your pets, cars, RVs, boats, etc. The seller is willing to provide credit if you purchase it as is, or she can customize it to your liking, such as exterior/interior paint, yard, appliances, etc. Request your arrangements in writing, and they can be negotiated at the convenience of both parties. The buyer and their agent are encouraged to make any inquiries with the city or county regarding the use of this property and are satisfied with what they have found out. good size lot with enough space for an ADU=If the buyer wants a house and an ADU at the same time, it is negotiable with the adjusted price.

Nearby schools

3/10
Rancho Verde Elementary School
Public,K-61.3mi
3/10
Yucca Loma Elementary School
Public,K-61.9mi
5/10
Sycamore Rocks Elementary School
Public,K-62.9mi
5/10
Rio Vista Elementary School
Public,K-63.9mi
4/10
Desert Knolls Elementary School
Public,K-64.3mi
1/10
Phoenix Academy
Public,K-81.1mi
3/10
Granite Hills High School
Public,9-122.1mi
5/10
Apple Valley High School
Public,9-124.2mi
Condition Rating
Poor

Built in 1972, this property is over 50 years old and shows significant signs of age and deferred maintenance. The interior images reveal a very dated kitchen with old wood cabinets and white tile flooring, stained carpets in the living area, and an outdated stone fireplace. The description explicitly states 'AS IS' and offers credit for customization like paint and appliances, indicating substantial cosmetic and functional updates are needed. The presence of an 'unpermitted unit' also suggests potential issues. While not a tear-down, the property requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Flexible Financing Options: The availability of seller financing, lease-to-own options, and a 1% down payment program significantly broadens the buyer pool and offers financial flexibility.
Expansive & Developable Lot: A generous 1.28-acre flat lot provides ample space for an Accessory Dwelling Unit (ADU), a second dwelling, or extensive parking for RVs and boats, offering significant future development potential.
Income/Multi-Generational Potential: The property includes a separate 1-bedroom, 1-bath unit, presenting a valuable opportunity for rental income, multi-generational living, or a dedicated guest suite.
Seller Negotiation & Customization: The seller's readiness to negotiate closing costs, interest rate buy-downs, price, or customize the property (paint, yard, appliances) offers considerable value and flexibility to the buyer.
Scenic Views: Enjoyable Mountain and Neighborhood views contribute to the property's aesthetic appeal and overall living experience.

Cons

Unpermitted Structure Risk: The second living unit is unpermitted, which could lead to legal complications, require costly legalization, or impact financing and insurance.
As-Is Condition & Age: Being sold 'as-is' for a 1972-built home implies that the property may require immediate and potentially significant investment in repairs, updates, or renovations.
Limited Main House Bathroom Count: The main house features 3 bedrooms but only 1 bathroom, which is a functional limitation for a family-sized home and may necessitate future renovation to improve utility.

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