16410 Askin Drive, Pine Mountain Club, CA 93222, Pine Mountain Club, 93222 - 2 bed, 1 bath

16410 Askin Drive, Pine Mountain Club, CA 93222 home-pic-0

16410 Askin Drive

Pine Mountain Club, CA 93222

ACTIVE
CONDITION: POOR
2Beds
1Baths
748Sq Ft
11,326Lot Size

Property Price

LIST PRICE$298,750
EST. MARKET VALUE
$200,562
48% AboveMARKET VALUE

SUMMARY

Analysis of 16410 Askin Drive, Pine Mountain Club, CA 93222 reveals a property with a current list price of $298,750, which is 48% above the estimated $200,562 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pine Mountain Club Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$200,562
Based on Realkey algorithm analyzing recent comparable sales in Pine Mountain Club.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
16410 Askin Drive
Subject
$298,750*
List Price
21748$268-
A
2316 Rhine Court
Sold
$272,50022920$2960.5 mi
B
2325 Woodland Drive
Pending
$259,000
List Price
21768$3370.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property was built in 1972 and shows no evidence of significant renovations, making it over 50 years old with no major updates. The kitchen features original wood cabinets, dated laminate countertops, and older appliances. The bathroom retains its 1970s vanity, fixtures, and appears to have carpet flooring, all requiring complete modernization. The interior throughout features extensive wood paneling and worn carpets. While the structure appears functional, the property requires substantial rehabilitation and updates to all major systems and finishes to meet contemporary standards and comfort.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 748.

  • Development Potential

    The property boasts an R-3 zoning and a large, flat, buildable 11,326 sq. ft. lot, offering significant potential for expansion, adding multiple units, or complete redevelopment, making it an 'investor's dream'.

  • Prime Location & Accessibility

    Strategically located within walking distance to all of Pine Mountain Club's amenities and directly across from Lampkin Park, providing excellent convenience and lifestyle benefits.

CONSRISKS & DEFICIENCIES

  • Limited Existing Living Space

    With only 748 sq. ft., the current 2-bedroom, 1-bath house is quite small, which may necessitate immediate expansion or limit its appeal to buyers seeking more substantial living areas.

  • Age and Potential for Updates

    Built in 1972, the property is over 50 years old, suggesting a high likelihood of requiring significant updates to systems, finishes, and overall modernization to meet contemporary standards and buyer expectations.

  • High Annual Association Fee

    The annual association fee of $1961 represents a substantial recurring cost, which could impact the overall affordability and long-term return on investment, especially for a property of this size.

About 16410 Askin Drive

Investors dream R-3 lot with lots of room to add on or build additional units. This cozy 2 bed/ 1 bath 748 sq. ft. house sits on the back corner of a large very buildable flat R-3 lot, walking distance to all of Pine Mountain Club's amenities. Directly across from Lampkin park and 1 block from the fire station with a fire hydrant on the lot, this single level home has a large front deck perfect for entertaining or star gazing. Bring your imagination and turn this into your vacation or investment dream!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
11,326 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1961 / Month

Neighborhood Insights

Pine Mountain Club Unified Schools

Frazier Park Elementary School

Grades K-4 • 13.0 mi

4/10

Maricopa Elementary School

Grades K-5 • 19.5 mi

2/10

Maricopa Middle School

Grades 6-8 • 19.5 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
43%
Baths1.02.0
16%
Square foot7481,442
2%
Lot Size11,32610,709.5
68%
Price$298.8K$333.0K
32%
Price per sq ft$399$231
95%
Built year19721986
9%
HOA$1961$2.0K
50%
Days on market484216
93%

Pricing History

Listed for Sale

Nov 8, 2024

$298,750

Initial Listing

Sold

Aug 31, 1978

$44,500

Public Record

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