18730 Chapae Lane, Apple Valley, California 92307, Apple Valley, 92307 - 4 bed, 2 bath

18730 Chapae Lane, Apple Valley, California 92307 home-pic-0
ACTIVE$410,000
18730 Chapae Lane, Apple Valley, California 92307
4Beds
2Baths
1,988Sqft
28,350Lot

Price Vs. Estimate

The estimated value ($276,297.855) is $133,702.145 (32%) lower than the list price ($410,000). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious Floor Plan: The home offers a generous and functional layout, including a family room, living room, and formal dining area, providing ample space for diverse living needs.
Top Cons:
Significant Overpricing: The current list price is approximately 31% higher than the estimated property value, which may present a challenge in attracting competitive offers.

Compared to the nearby listings

Price:$410.0K vs avg $460.0K ($-50,000)33%
Size:1,988 sqft vs avg 1,953 sqft52%
Price/sqft:$206 vs avg $24323%

More Insights

Built in 1967 (58 years old).
Condition: Built in 1967, this property is significantly dated throughout. The kitchen features original-style wood cabinets, laminate countertops, and very old white appliances (built-in oven, electric cooktop), requiring a complete overhaul. Flooring consists of dated linoleum/vinyl tiles and old carpet. Light fixtures are original and outdated, and popcorn ceilings are present in all rooms. While the structure appears sound, the interior requires substantial rehabilitation and modernization to meet contemporary standards, aligning with the 'poor' condition criteria.
Year Built
1967
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
$206
HOA
-
Days on market
-
Sold On
-
MLS number
HD25243985
Home ConditionPoor
Features
Good View: Desert
Patio
ViewDesert

About this home

This 4 bedroom, 2 bath home is full of potential and ready for your personal touch! Nestled among mature trees, it offers a spacious floor plan with a family room, living room, and formal dining area. The property features an enclosed patio, leased solar, and a two-car garage. Conveniently located near schools, shopping, and commuter routes—this home is a great opportunity to add value and make it your own.

Condition Rating
Poor

Built in 1967, this property is significantly dated throughout. The kitchen features original-style wood cabinets, laminate countertops, and very old white appliances (built-in oven, electric cooktop), requiring a complete overhaul. Flooring consists of dated linoleum/vinyl tiles and old carpet. Light fixtures are original and outdated, and popcorn ceilings are present in all rooms. While the structure appears sound, the interior requires substantial rehabilitation and modernization to meet contemporary standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Spacious Floor Plan: The home offers a generous and functional layout, including a family room, living room, and formal dining area, providing ample space for diverse living needs.
Expansive Lot Size: Situated on a substantial 28,350 sqft lot, the property provides significant outdoor space for potential landscaping, expansion, or recreational activities.
Leased Solar System: Equipped with a leased solar system, the property offers potential for reduced energy costs and a more environmentally friendly footprint.
Convenient Location: The property boasts a strategic location with easy access to schools, shopping centers, and major commuter routes, enhancing daily convenience.
Value-Add Potential: Described as 'full of potential' and 'ready for your personal touch,' this home offers a prime opportunity for buyers to customize and significantly increase its equity.

Cons

Significant Overpricing: The current list price is approximately 31% higher than the estimated property value, which may present a challenge in attracting competitive offers.
Dated Condition & Renovation Needs: Built in 1967, the property's age suggests it will likely require substantial updates and renovations to modernize and meet contemporary buyer expectations, incurring additional costs.
Leased Solar Obligation: While beneficial, the solar system is leased, meaning the new owner will inherit an ongoing financial commitment rather than outright ownership of the energy-saving asset.

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