15843 M Street, Mojave, CA 93501, Mojave, 93501 - 2 bed, 1 bath
ACTIVE$212,500$968/sqft
Est. Value: $204,695
-3%
AboveEstimate
15843 M Street, Mojave, CA 93501
2Beds
1Bath
968Sqft
11,411Lot
Price Vs. Estimate
The estimated value ($204,695.02) is $7,804.98 (3%) lower than the list price ($212,500). This property may be overpriced.
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 = 11411, living area = 968.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11411, other record lot size in square feet = 11325.
Compared to the nearby listings
Price:$212.5K vs avg $245.0K ($-32,500)41%
Size:968 sqft vs avg 1,720 sqft6%
Price/sqft:$220 vs avg $17471%
More Insights
Built in 1930 (96 years old).
Condition: This property, built in 1930, is explicitly described as a 'fixer upper' that 'needs some updating,' which is strongly supported by the visual evidence. The kitchen features very old wood cabinets, worn laminate countertops, dated appliances (except possibly the range), wood paneling, and acoustic ceiling tiles, indicating a complete renovation is needed. The bathroom is equally outdated with an old vanity, mirror, light fixture, and worn vinyl flooring. Throughout the house, there are signs of significant deferred maintenance, including worn carpets, dated wood paneling, and old light fixtures. The detached garage/ADU space appears unfinished and requires substantial work. Given its age and the extensive level of renovation required for both aesthetics and major systems (electrical, plumbing, HVAC, which are likely original or very old), the property falls squarely into the 'poor' condition category, requiring substantial repairs and rehabilitation.
Year Built
1930
Close
-
List price
$213K
Original List price
-
Price/Sqft
$220
HOA
$0
Days on market
-
Sold On
-
MLS number
24008618
Home ConditionPoor
Features
View-
About this home
Great fixer upper that has detached garage with possible ADU with loft, needs some updating great starter home or investment, completely fenced. Easy to showPrice reduction!!!! Make an offer!!
J
James Settle
Listing Agent
Price History
Date
Event
Price
07/23/99
Sold
$23,000
01/04/18
Sold
$80,000
Condition Rating
Poor
This property, built in 1930, is explicitly described as a 'fixer upper' that 'needs some updating,' which is strongly supported by the visual evidence. The kitchen features very old wood cabinets, worn laminate countertops, dated appliances (except possibly the range), wood paneling, and acoustic ceiling tiles, indicating a complete renovation is needed. The bathroom is equally outdated with an old vanity, mirror, light fixture, and worn vinyl flooring. Throughout the house, there are signs of significant deferred maintenance, including worn carpets, dated wood paneling, and old light fixtures. The detached garage/ADU space appears unfinished and requires substantial work. Given its age and the extensive level of renovation required for both aesthetics and major systems (electrical, plumbing, HVAC, which are likely original or very old), the property falls squarely into the 'poor' condition category, requiring substantial repairs and rehabilitation.
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 = 11411, living area = 968.
ADU Potential: The detached garage with a possible ADU (Accessory Dwelling Unit) and loft offers significant opportunity for rental income or multi-generational living.
Generous Lot Size: A substantial 11,411 sqft lot provides ample outdoor space for expansion, landscaping, or recreational activities.
Investment/Starter Home Potential: Marketed as a 'fixer-upper' and 'starter home or investment,' it appeals to buyers looking to build equity or generate rental income.
No Association Fees: The absence of HOA fees contributes to lower monthly ownership costs, enhancing its appeal to budget-conscious buyers.
Seller Motivation & Affordability: A recent price reduction indicates a motivated seller, potentially offering a good value proposition for an affordable entry into the market.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11411, other record lot size in square feet = 11325.
Extensive Renovation Required: The property is explicitly described as a 'fixer upper' that 'needs some updating,' implying significant time and financial investment for necessary renovations.
Advanced Age of Structure: Built in 1930, the home is nearly a century old, suggesting potential for outdated systems (electrical, plumbing, HVAC) and unforeseen structural issues.
Limited Living Space: With only 2 bedrooms and 1 bathroom across 968 sqft, the property offers limited living space, which may not accommodate larger families or those desiring more room.