2022 Elm Street, Rosamond, CA 93560, Rosamond, 93560 - 3 bed, 1 bath
ACTIVE$299,500$1,031/sqft
Est. Value: $222,104
-25%
AboveEstimate
2022 Elm Street, Rosamond, CA 93560
3Beds
1Bath
1,031Sqft
6,969.6Lot
Price Vs. Estimate
The estimated value ($222,104.35) is $77,395.65 (25%) lower than the list price ($299,500). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Potential: The property's current condition, explicitly stating it 'needs a bit of fixing up,' presents a significant opportunity for value appreciation through renovation and modernization.
Top Cons:
Extensive Renovation Required: The property description clearly indicates a need for significant repairs and updates, implying substantial financial investment and effort from the buyer to bring it to modern standards.
Compared to the nearby listings
Price:$299.5K vs avg $409.0K ($-109,500)19%
Size:1,031 sqft vs avg 1,665.5 sqft4%
Price/sqft:$290 vs avg $24380%
More Insights
Built in 1954 (72 years old).
Condition: Built in 1954, this property is severely outdated and requires substantial repairs and rehabilitation. The kitchen features original-style wood cabinets, dated tile countertops, a mix of older appliances, and old vinyl flooring, all necessitating a full renovation. While the bathroom is not pictured, the overall condition of the house, including worn flooring throughout and dated light fixtures, strongly suggests it is also in very poor condition and requires complete modernization. The listing description explicitly states, 'Grab your tools! This house needs a bit of fixing up and some love to make it awesome again,' confirming the need for extensive work on all major components and finishes.
Year Built
1954
Close
-
List price
$300K
Original List price
-
Price/Sqft
$290
HOA
$0
Days on market
-
Sold On
-
MLS number
25008110
Home ConditionPoor
Features
Patio
View-
About this home
Grab your tools! This house needs a bit of fixing up and some love to make it awesome again.
Y
Yvonne Hayes
Listing Agent
Condition Rating
Poor
Built in 1954, this property is severely outdated and requires substantial repairs and rehabilitation. The kitchen features original-style wood cabinets, dated tile countertops, a mix of older appliances, and old vinyl flooring, all necessitating a full renovation. While the bathroom is not pictured, the overall condition of the house, including worn flooring throughout and dated light fixtures, strongly suggests it is also in very poor condition and requires complete modernization. The listing description explicitly states, 'Grab your tools! This house needs a bit of fixing up and some love to make it awesome again,' confirming the need for extensive work on all major components and finishes.
Pros & Cons
Pros
Investment Potential: The property's current condition, explicitly stating it 'needs a bit of fixing up,' presents a significant opportunity for value appreciation through renovation and modernization.
Affordable Entry Point: With a list price of $299,500, this single-family residence offers a relatively accessible price point for buyers looking to enter the market or invest in a fixer-upper in California.
Generous Lot Size: The property boasts a substantial lot size of 6969.6 sqft, providing ample outdoor space for landscaping, potential expansion, or recreational activities.
Standard Family Layout: The 3-bedroom configuration is a popular and versatile layout, appealing to small families or individuals seeking extra space for home offices or guests.
Established Neighborhood: Built in 1954, the home is situated in an established area, which often implies mature infrastructure, larger lots, and a sense of community.
Cons
Extensive Renovation Required: The property description clearly indicates a need for significant repairs and updates, implying substantial financial investment and effort from the buyer to bring it to modern standards.
Outdated Systems and Finishes: Given its 1954 build year and current condition, it is highly probable that major systems (e.g., plumbing, electrical, HVAC) and interior finishes are outdated and will require costly replacement or upgrades.
Limited Bathroom Count: The presence of only one bathroom for a 3-bedroom home can be a significant functional drawback and a deterrent for many potential buyers, particularly families.