155 Magnolia Avenue, San Bernardino, California 92405, San Bernardino, 92405 - 2 bed, 1 bath
ACTIVE$435,000
155 Magnolia Avenue, San Bernardino, California 92405
2Beds
1Bath
635Sqft
7,400Lot
Price Vs. Estimate
The estimated value ($406,381.715) is $28,618.285 (6%) lower than the list price ($435,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Strategically located at the heart of San Bernardino, offering convenient access to local amenities and services.
Top Cons:
Limited Living Space: With only 635 sqft, the interior living area is quite small, which may be restrictive for some buyers or families requiring more space.
Compared to the nearby listings
Price:$435.0K vs avg $475.0K ($-40,000)21%
Size:635 sqft vs avg 1,242.5 sqft1%
Price/sqft:$685 vs avg $37499%
More Insights
Built in 1930 (95 years old).
Condition: Despite being built in 1930, this property has undergone significant and recent renovations, particularly in the kitchen and bathroom. The kitchen features modern white cabinetry, dark countertops, stainless steel appliances (range, microwave, refrigerator), recessed lighting, and subway tile backsplash, all appearing to be in excellent, updated condition. The bathroom also boasts a modern vanity, dark countertop, updated fixtures, and clean tile work in the shower, suggesting a renovation within the last 5-15 years. The rest of the interior, including flooring (hardwood/laminate) and paint, appears clean and well-maintained. The presence of a solar system is a significant modern upgrade. While the exterior and yard show some signs of age and could benefit from landscaping improvements, the critical interior spaces are move-in ready and do not require immediate renovation, aligning with the 'Good' condition criteria.
Year Built
1930
Close
-
List price
$435K
Original List price
$447K
Price/Sqft
$685
HOA
-
Days on market
-
Sold On
-
MLS number
IV25159106
Home ConditionGood
Features
View-
About this home
Cozy two-bedroom one bath, located at the heart of San Bernardino, large lot, solar System to be assumed by the future buyers.
Condition Rating
Good
Despite being built in 1930, this property has undergone significant and recent renovations, particularly in the kitchen and bathroom. The kitchen features modern white cabinetry, dark countertops, stainless steel appliances (range, microwave, refrigerator), recessed lighting, and subway tile backsplash, all appearing to be in excellent, updated condition. The bathroom also boasts a modern vanity, dark countertop, updated fixtures, and clean tile work in the shower, suggesting a renovation within the last 5-15 years. The rest of the interior, including flooring (hardwood/laminate) and paint, appears clean and well-maintained. The presence of a solar system is a significant modern upgrade. While the exterior and yard show some signs of age and could benefit from landscaping improvements, the critical interior spaces are move-in ready and do not require immediate renovation, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Prime Location: Strategically located at the heart of San Bernardino, offering convenient access to local amenities and services.
Generous Lot Size: Features a substantial 7,400 sqft lot, providing ample outdoor space for potential expansion, landscaping, or recreational use.
Solar Energy System: Includes a solar system, which, once assumed by the buyer, can lead to significant energy cost savings and environmental benefits.
Recent Price Adjustment: The property has seen a recent price reduction from $447,000 to $435,000, indicating increased value and potential for a more attractive offer.
Charming & Manageable Size: Described as 'cozy,' its compact 635 sqft footprint offers a manageable living space, ideal for first-time buyers or those seeking a low-maintenance home.
Cons
Limited Living Space: With only 635 sqft, the interior living area is quite small, which may be restrictive for some buyers or families requiring more space.
Age of Property: Built in 1930, the home is nearly a century old, potentially indicating a need for significant updates to systems, infrastructure, or aesthetics.
Solar System Assumption: The requirement for future buyers to assume the solar system could involve ongoing lease payments or loan obligations, adding to monthly expenses and potentially complicating financing.