1655 Susie Lane, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 2 bath

1655 Susie Lane, San Bernardino, California 92411 home-pic-0
ACTIVE$539,999
1655 Susie Lane, San Bernardino, California 92411
3Beds
2Baths
1,395Sqft
7,740Lot

Price Vs. Estimate

The estimated value ($503,972.585) is $36,026.415 (6%) lower than the list price ($539,999). 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 = 7740, living area = 1395.
Top Cons:
Above Market Estimation: The current listing price is approximately 6% higher than the property's estimated market value, which may deter some potential buyers.

Compared to the nearby listings

Price:$540.0K vs avg $440.0K (+$99,999)88%
Size:1,395 sqft vs avg 1,101 sqft79%
Price/sqft:$387 vs avg $38750%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this property is 43 years old. While the exterior shows signs of recent updates and good maintenance (paver driveway, stone veneer, pergola, well-maintained landscape), the listing description explicitly mentions 'great potential' and 'perfect for buyers looking to make it their own,' along with a weakness noting 'Property Age & Potential Updates.' Without interior images, it's assumed that the kitchen and bathrooms, along with other interior finishes, are largely outdated and would require substantial renovation to meet current aesthetic and functional standards. The property is functional but clearly needs significant cosmetic and possibly system updates, aligning with the 'Fair' category where major components are functional but show signs of being outdated and require more than minor updates.
Year Built
1981
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
CV25249183
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Exciting new opportunity in a desirable San Bernardino neighborhood! This charming home offers great potential with a spacious layout, generous lot, and convenient access to shopping, schools, and major freeways. Perfect for buyers looking to make it their own. Stay tuned for more details! This property features a paver driveway, beautiful front and back porches, and a well-maintained landscape.

Price History

Date
Event
Price
10/14/14
Sold
$235,000
01/12/11
Sold
$115,000
03/17/05
Sold
$255,000
Condition Rating
Fair

Built in 1981, this property is 43 years old. While the exterior shows signs of recent updates and good maintenance (paver driveway, stone veneer, pergola, well-maintained landscape), the listing description explicitly mentions 'great potential' and 'perfect for buyers looking to make it their own,' along with a weakness noting 'Property Age & Potential Updates.' Without interior images, it's assumed that the kitchen and bathrooms, along with other interior finishes, are largely outdated and would require substantial renovation to meet current aesthetic and functional standards. The property is functional but clearly needs significant cosmetic and possibly system updates, aligning with the 'Fair' category where major components are functional but show signs of being outdated and require more than minor updates.
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 = 7740, living area = 1395.
Prime Location & Accessibility: Situated in a desirable San Bernardino neighborhood with convenient access to shopping, schools, and major freeways, enhancing daily convenience.
Expansive Lot Size: Features a generous 7,740 sqft lot, offering ample outdoor space for recreation, gardening, or potential expansion.
Scenic Mountain Views: Boasts desirable mountain views, adding to the property's aesthetic appeal and providing a pleasant backdrop.
Enhanced Curb Appeal: Includes attractive outdoor features such as a paver driveway, beautiful front and back porches, and well-maintained landscaping.
Customization Opportunity: Presents significant potential for buyers to personalize and update the home to their taste, allowing for value creation.

Cons

Above Market Estimation: The current listing price is approximately 6% higher than the property's estimated market value, which may deter some potential buyers.
Property Age & Potential Updates: Built in 1981, the home is over 40 years old, suggesting that major systems or interior finishes may require updating or renovation in the near future.
Ambiguous Renovation Scope: While offering 'great potential,' the description lacks specifics on necessary updates, implying a potentially significant and undefined investment for buyers to 'make it their own'.

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