160 E 3rd, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
ACTIVE$459,900$856/sqft
Est. Value: $423,950
-7%
AboveEstimate
160 E 3rd, Perris, California 92570
2Beds
1Bath
856Sqft
11,326Lot
Price Vs. Estimate
The estimated value ($423,950.325) is $35,949.675 (7%) lower than the list price ($459,900). 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 = 11326, living area = 856.
Top Cons:
Compact Interior Space: At 856 sqft, the interior living space is relatively small for a 2-bedroom property, which may limit appeal for larger households or those desiring more expansive living areas.
Compared to the nearby listings
Price:$459.9K vs avg $625.5K ($-165,600)8%
Size:856 sqft vs avg 2,287 sqft2%
Price/sqft:$537 vs avg $30998%
More Insights
Built in 1938 (88 years old).
Condition: The property is described as 'fully renovated,' which, for a home built in 1938, implies significant updates to major systems, kitchen, and bathroom, making it move-in ready. The exterior image shows modern windows and solar panels, supporting recent renovations. However, the roof appears somewhat worn in areas, and the landscaping is basic and unkempt, preventing an 'Excellent' rating which would imply virtually new condition throughout, including curb appeal. Without interior photos, the assessment relies heavily on the 'fully renovated' claim for internal components.
Year Built
1938
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
$537
HOA
-
Days on market
-
Sold On
-
MLS number
PW26001232
Home ConditionGood
Features
View-
About this home
This fully renovated single-story residential and commercial property offers ample space for expansion and is ideally located downtown, just minutes away. A true must-see gem.
V
Virginia Zavala
Listing Agent
Price History
Date
Event
Price
08/09/21
Sold
$325,000
02/20/03
Sold
$99,500
Condition Rating
Good
The property is described as 'fully renovated,' which, for a home built in 1938, implies significant updates to major systems, kitchen, and bathroom, making it move-in ready. The exterior image shows modern windows and solar panels, supporting recent renovations. However, the roof appears somewhat worn in areas, and the landscaping is basic and unkempt, preventing an 'Excellent' rating which would imply virtually new condition throughout, including curb appeal. Without interior photos, the assessment relies heavily on the 'fully renovated' claim for internal components.
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 = 11326, living area = 856.
Mixed-Use Potential: The property is zoned for both residential and commercial use, offering significant flexibility for an owner-occupant, rental income, or business operation in a downtown setting.
Prime Downtown Location: Ideally situated downtown, just minutes away from local amenities, enhancing convenience and potential for business visibility or easy access to services.
Extensive Renovation: Described as 'fully renovated,' this property likely boasts modern finishes and updated systems, reducing immediate maintenance and upgrade costs for the new owner.
Large Lot for Expansion: With a generous lot size of 11,326 sqft, the property offers ample space for future expansion, additional structures, or extensive landscaping, adding significant long-term value.
Single-Story Layout: The single-story design provides easy accessibility and a desirable layout for a wide range of buyers, including those seeking convenience or avoiding stairs.
Cons
Compact Interior Space: At 856 sqft, the interior living space is relatively small for a 2-bedroom property, which may limit appeal for larger households or those desiring more expansive living areas.
Limited Bathroom Count: The property features only one bathroom, which can be a drawback for multiple occupants or when entertaining guests, potentially impacting daily convenience.
Lack of Specific View: The property description indicates 'None' for a view, meaning it does not offer any notable scenic or desirable outlooks, which could be a missed opportunity for added value.