1861 N Lilac Avenue, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
ACTIVE$554,999
1861 N Lilac Avenue, Rialto, California 92376
3Beds
2Baths
1,582Sqft
8,400Lot
Price Vs. Estimate
The estimated value ($203,334.285) is $351,664.715 (63%) lower than the list price ($554,999). 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 = 8400, living area = 1582.
Top Cons:
Significant Discrepancy in Estimated Value: The provided property estimation ($203,334) is drastically lower than the current list price ($554,999), indicating a potential overvaluation or significant condition issues not detailed in the listing.
Compared to the nearby listings
Price:$555.0K vs avg $565.0K ($-10,001)45%
Size:1,582 sqft vs avg 1,485 sqft58%
Price/sqft:$351 vs avg $37134%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963, this property is aged and largely retains its original or very dated features. The kitchen has older white cabinets and dated tile flooring, though the countertops and stainless steel refrigerator appear to be more recent additions. The bathroom is significantly outdated with a basic vanity, old strip lighting, and dated tile, showing signs of wear. While functional and seemingly maintained, the home requires considerable cosmetic updates and modernization, especially in the kitchen and bathrooms, to align with contemporary standards.
Year Built
1963
Close
-
List price
$555K
Original List price
$565K
Price/Sqft
$351
HOA
-
Days on market
-
Sold On
-
MLS number
DW25076424
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Condition Rating
Fair
Built in 1963, this property is aged and largely retains its original or very dated features. The kitchen has older white cabinets and dated tile flooring, though the countertops and stainless steel refrigerator appear to be more recent additions. The bathroom is significantly outdated with a basic vanity, old strip lighting, and dated tile, showing signs of wear. While functional and seemingly maintained, the home requires considerable cosmetic updates and modernization, especially in the kitchen and bathrooms, to align with contemporary 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 = 8400, living area = 1582.
Generous Lot Size: The 8,400 sqft lot offers ample outdoor space, which is larger than many comparable properties and provides potential for landscaping, expansion, or recreational use.
Established Construction Year: Built in 1963, the property benefits from a traditional, potentially robust construction style typical of its era, often found in mature, stable neighborhoods.
Competitive Living Space: With 1,582 sqft, the home provides a solid amount of interior living space for its bedroom count, offering good value compared to some smaller, similarly priced sold properties.
Recent Price Adjustment: The reduction from an original list price of $565,000 to $554,999 signals a motivated seller and presents a slightly more attractive price point for potential buyers.
Neighborhood View: The property explicitly offers a 'Neighborhood' view, which can enhance its appeal and living environment.
Cons
Significant Discrepancy in Estimated Value: The provided property estimation ($203,334) is drastically lower than the current list price ($554,999), indicating a potential overvaluation or significant condition issues not detailed in the listing.
Dated Condition and Lack of Modern Upgrades: Unlike several recently sold comparables that feature extensive remodels, updated kitchens, and modern amenities (e.g., central AC, solar), the subject property's description is sparse, suggesting it likely retains original or older systems and finishes, requiring significant buyer investment for modernization.
Extended Time on Market: With an on-market date of April 7, 2025, and considering the faster sales of several comparable properties, the subject property appears to have a longer marketing period, which could indicate buyer resistance to its current price or condition.