1550 Balsam Drive, Pomona, California 91766, Pomona, 91766 - 3 bed, 3 bath
ACTIVE$739,000$1,837/sqft
Est. Value: $582,532
-21%
AboveEstimate
1550 Balsam Drive, Pomona, California 91766
3Beds
3Baths
1,837Sqft
4,431Lot
Price Vs. Estimate
The estimated value ($582,532.08) is $156,467.92 (21%) lower than the list price ($739,000). This property may be overpriced.
Key pros and cons
Top Pros:
Gated Community Security: The property is nestled within a secure gated community, offering enhanced privacy and peace of mind for residents.
Top Cons:
Significant Overpricing: The current listing price of $739,000 is approximately 21% higher than the estimated property value of $582,532, suggesting it may be overvalued in the current market.
Compared to the nearby listings
Price:$739.0K vs avg $725.0K (+$14,000)51%
Size:1,837 sqft vs avg 1,522 sqft75%
Price/sqft:$402 vs avg $49110%
More Insights
Built in 1991 (35 years old).
Condition: The property was built in 1991, making it 33 years old. While the exterior appears well-maintained, there are no interior images provided to assess the condition, style, and features of the kitchen, bathrooms, flooring, or other critical components. The description mentions a 'generously sized kitchen' but does not indicate recent modern updates. Without evidence of significant renovations within the last 15 years, a home of this age typically has functional components that show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1991
Close
-
List price
$739K
Original List price
$739K
Price/Sqft
$402
HOA
$222
Days on market
-
Sold On
-
MLS number
PW25127635
Home ConditionFair
Features
View-
About this home
Welcome to 1550 Balsam Dr., a single family home was built in 1991, nestled in a secure gated community in city of Pomona. This home maintained 3 bedroom, 2.5 bathroom (.5 bath down-stair).This 1,837 sq. ft., 2 car-garage. Home offer a harmonious blend of comfort and elegance. The generously sized kitchen is a culinary delight, featuring ample counter space and storage, perfect for relaxation or entertainment. Up-stair, the home boasts three well-appointed bedrooms with the large windows throughout allow nature light to permeate each room. This home is just away from family-friendly attractions, museums, parks, shopping and University Cal Poly Pomona. Price to sell.
P
Patrick Truong
Listing Agent
Condition Rating
Fair
The property was built in 1991, making it 33 years old. While the exterior appears well-maintained, there are no interior images provided to assess the condition, style, and features of the kitchen, bathrooms, flooring, or other critical components. The description mentions a 'generously sized kitchen' but does not indicate recent modern updates. Without evidence of significant renovations within the last 15 years, a home of this age typically has functional components that show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Gated Community Security: The property is nestled within a secure gated community, offering enhanced privacy and peace of mind for residents.
Spacious & Functional Layout: With 1,837 sq. ft., 3 bedrooms, 2.5 bathrooms (including a convenient downstairs half-bath), and a 2-car garage, the home provides ample space and a practical layout for family living.
Well-Appointed Kitchen: The generously sized kitchen features ample counter space and storage, making it a culinary delight suitable for both daily use and entertaining.
Abundant Natural Light: Large windows throughout the home ensure natural light permeates each room, creating a bright and inviting atmosphere.
Convenient Location: The home boasts proximity to family-friendly attractions, museums, parks, shopping, and Cal Poly Pomona, enhancing its appeal and accessibility.
Cons
Significant Overpricing: The current listing price of $739,000 is approximately 21% higher than the estimated property value of $582,532, suggesting it may be overvalued in the current market.
High Monthly Association Fee: A monthly association fee of $222 is notably higher than some comparable properties in the area, which could impact long-term affordability for buyers.
Smaller Lot Size: The lot size of 4,431 sq. ft. is relatively modest for a single-family home, potentially limiting outdoor living space and future expansion opportunities compared to other properties.