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16173 Newmont, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath

16173 Newmont, Lancaster, California 93535 home-pic-0
ACTIVE$399,900$1,402/sqft
Est. Value: $396,006
%
FairlyEstimate
16173 Newmont, Lancaster, California 93535
3Beds
2Baths
1,402Sqft
39,514Lot

Price Vs. Estimate

The estimated value ($396,006.435) is $3,893.565 (0%) lower than the list price ($399,900). 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 = 39514, living area = 1402.
Top Cons:
Absence of Cooling System: There is no mention of a cooling system (e.g., central air conditioning), which could be a significant comfort concern and potential drawback during Lancaster's hot summer months.

Compared to the nearby listings

Price:$399.9K vs avg $440.0K ($-40,100)24%
Size:1,402 sqft vs avg 1,592 sqft32%
Price/sqft:$285 vs avg $26862%

More Insights

Built in 1990 (36 years old).
Condition: Built in 1990, this home is well-maintained but shows significant signs of age. The kitchen features very dated tiled countertops, older black appliances, and a fluorescent panel light. Bathrooms have older vanities and strip lighting. Flooring includes worn tile in living areas and clean but not new carpet in bedrooms. A major drawback is the absence of central air conditioning, with only a visible swamp cooler, which is a significant functional and comfort concern for the area. While functional, the property requires substantial cosmetic and system updates to meet current standards.
Year Built
1990
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
SR26007471
Home ConditionFair
Features
Good View: Desert
ViewDesert

About this home

Welcome to 16173 Newmont Ave in Lancaster, a well-maintained 3-bedroom, 2-bath home offering comfort, space, and functionality. Situated on a desirable corner lot spanning three sides of the street, this property provides added privacy and curb appeal. The home features a spacious living area with tile flooring and a cozy brick fireplace, perfect for relaxing or entertaining. The open layout offers excellent natural flow and flexibility for furniture placement. The kitchen includes ample cabinetry, a convenient breakfast bar, and a bright ceiling light panel, making it both practical and inviting. Bedrooms are generously sized, including a large primary suite with carpeted flooring, abundant space, and direct access to the bathroom and vanity area. The property also includes a storage area that can be used for vehicle storage, adding valuable versatility for car enthusiasts, extra parking, or additional storage needs. Don’t miss your chance to make this Lancaster home your own!

L
Luis Padilla Marquez
Listing Agent

Price History

Date
Event
Price
03/06/96
Sold
$85,000
Condition Rating
Fair
Built in 1990, this home is well-maintained but shows significant signs of age. The kitchen features very dated tiled countertops, older black appliances, and a fluorescent panel light. Bathrooms have older vanities and strip lighting. Flooring includes worn tile in living areas and clean but not new carpet in bedrooms. A major drawback is the absence of central air conditioning, with only a visible swamp cooler, which is a significant functional and comfort concern for the area. While functional, the property requires substantial cosmetic and system updates to meet current standards.
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 = 39514, living area = 1402.
Corner Lot & Curb Appeal: The property is situated on a desirable corner lot spanning three sides of the street, providing enhanced privacy and strong curb appeal.
Expansive Lot Size: With a substantial lot size of 39,514 sqft, the property offers significant outdoor space and potential for various uses or future expansion.
Versatile Vehicle Storage: A dedicated storage area capable of accommodating vehicles adds valuable utility, appealing to car enthusiasts or providing extra parking and storage solutions.
Functional & Spacious Interior: The home features a well-maintained, open layout with a spacious living area, a functional kitchen equipped with ample cabinetry and a breakfast bar, and generously sized bedrooms.
Desert Views: The property offers desirable desert views, contributing to its aesthetic appeal and providing a serene backdrop for residents.

Cons

Absence of Cooling System: There is no mention of a cooling system (e.g., central air conditioning), which could be a significant comfort concern and potential drawback during Lancaster's hot summer months.
Potential for Dated Finishes: While described as well-maintained, elements such as the 'tile flooring,' 'cozy brick fireplace,' and 'bright ceiling light panel' in the kitchen may indicate some interior finishes are dated and could benefit from cosmetic updates.
Age of Major Systems: Built in 1990, the property is over 30 years old, suggesting that major systems like HVAC, roofing, and plumbing may be original or nearing the end of their useful life, potentially requiring future investment for replacement or upgrades.
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