16250 Upland Avenue, Fontana, California 92335, Fontana, 92335 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$499,994
16250 Upland Avenue, Fontana, California 92335
2Beds
1Bath
1,082Sqft
8,100Lot
Price Vs. Estimate
The estimated value ($310,050.42) is $189,943.58 (37%) lower than the list price ($499,994). 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 = 8100, living area = 1082.
Top Cons:
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or those seeking more living space, especially when compared to many 3-bed/2-bath comparables in the area.
Compared to the nearby listings
Price:$500.0K vs avg $557.5K ($-57,506)27%
Size:1,082 sqft vs avg 1,285 sqft27%
Price/sqft:$462 vs avg $43463%
More Insights
Built in 1971 (54 years old).
Condition: Built in 1971, this property shows significant age and a lack of major updates. The kitchen features very dated white appliances, worn laminate countertops, and old vinyl flooring, requiring a complete overhaul. The bathroom is also highly outdated with an older vanity, fixtures, and basic tiling. Throughout the home, the flooring consists of old, worn vinyl/linoleum tiles. While functional, the property requires substantial rehabilitation and modernization to meet current living standards, aligning with the 'poor' condition criteria.
Year Built
1971
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$462
HOA
-
Days on market
-
Sold On
-
MLS number
25499047
Home ConditionPoor
Features
Good View:
Patio
View
About this home
Located in a beautiful and quiet neighborhood in Fontana, this home features 2 bedrooms, 1 bath and converted garage. This home sits on a 8,058 sf ft lot and there is plenty of space for large family parties/events, a possible pool or even to build an ADU or two. As mentioned initially, the neighboor is very quiet and the home is close to the best Fontana has to offer and not too far from the freeway. Don't miss out on this Gem of a home and put in your offer today! Property Qualifies for Conventional, FHA and a Buyer Assitance Program for up to $30k towards closing costs or down payment!
Condition Rating
Poor
Built in 1971, this property shows significant age and a lack of major updates. The kitchen features very dated white appliances, worn laminate countertops, and old vinyl flooring, requiring a complete overhaul. The bathroom is also highly outdated with an older vanity, fixtures, and basic tiling. Throughout the home, the flooring consists of old, worn vinyl/linoleum tiles. While functional, the property requires substantial rehabilitation and modernization to meet current living standards, aligning with the 'poor' condition criteria.
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 = 8100, living area = 1082.
Expansive Lot & Development Potential: The generous 8,058 sq ft lot offers significant space for outdoor activities, a pool, or the addition of one or two Accessory Dwelling Units (ADUs), providing future value and flexibility.
Buyer Financial Incentives: The property qualifies for Conventional, FHA, and a buyer assistance program offering up to $30k towards closing costs or down payment, making it highly attractive to a broader range of eligible buyers.
Quiet Neighborhood Setting: Located in a beautiful and quiet neighborhood, enhancing the living experience and overall property appeal.
Converted Garage Space: The converted garage provides additional flexible living space, which can be utilized as an extra room, office, or for other purposes, adding functional value to the home.
Convenient Location: The home boasts a convenient location, close to Fontana's amenities and offering easy access to the freeway for commuting and daily needs.
Cons
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or those seeking more living space, especially when compared to many 3-bed/2-bath comparables in the area.
Older Construction & Potential for Updates: Built in 1971, the home is older, and the description does not mention recent significant renovations, suggesting potential buyers may need to budget for updates to modernize the interior and systems.
Overpriced Relative to Estimated Value: The current listing price of $499,994 is substantially higher than the estimated property value of approximately $310,050, indicating it may be overvalued in the current market.