21020 Pippin Way, California City, CA 93505, California City, 93505 - 3 bed, 2 bath

21020 Pippin Way, California City, CA 93505 home-pic-0
ACTIVE$269,000$1,354/sqft
Est. Value: $150,633
-44%
AboveEstimate
21020 Pippin Way, California City, CA 93505
3Beds
2Baths
1,354Sqft
8,656Lot

Price Vs. Estimate

The estimated value ($150,632.99) is $118,367.01 (44%) lower than the list price ($269,000). 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 = 8656, living area = 1354.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8656, other record lot size in square feet = 8712.

Compared to the nearby listings

Price:$269.0K vs avg $270.0K ($-1,000)49%
Size:1,354 sqft vs avg 1,578 sqft30%
Price/sqft:$199 vs avg $17874%

More Insights

Built in 1987 (39 years old).
Condition: Built in 1987, this property is 37 years old and shows very little evidence of significant renovation. The kitchen features original or very dated wood cabinets, laminate/older tile countertops, and older white appliances, including a fluorescent light fixture. Both bathrooms are also very dated, with older vanities, fixtures, and lighting; one even has carpeted flooring, which is a significant negative. The overall flooring is a mix of dated tile and worn carpet. The property is explicitly marketed 'AS IS,' and its age is noted as a weakness in the property analysis. These factors indicate that the property requires substantial repairs and rehabilitation, particularly in the kitchen and bathrooms, to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1987
Close
-
List price
$269K
Original List price
-
Price/Sqft
$199
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25169453
Home ConditionPoor
Features
Good View:
View-

About this home

Welcome to this charming 3-bedroom, 2-bath home offering 1,354 sqft of comfortable living. Located in a quiet, established neighborhood, you'll enjoy a peaceful setting with easy access to local shops and a growing community! Sold AS IS. Great investment opportunity. Enjoy a spacious backyard ideal for outdoor gatherings, gardening, or future additions. Schedule your tour and come see the potential!

J
Julie Simbulan
Listing Agent

Price History

Date
Event
Price
06/04/99
Sold
$39,500
Condition Rating
Poor

Built in 1987, this property is 37 years old and shows very little evidence of significant renovation. The kitchen features original or very dated wood cabinets, laminate/older tile countertops, and older white appliances, including a fluorescent light fixture. Both bathrooms are also very dated, with older vanities, fixtures, and lighting; one even has carpeted flooring, which is a significant negative. The overall flooring is a mix of dated tile and worn carpet. The property is explicitly marketed 'AS IS,' and its age is noted as a weakness in the property analysis. These factors indicate that the property requires substantial repairs and rehabilitation, particularly in the kitchen and bathrooms, to meet modern standards and comfort, aligning with the 'poor' condition criteria.
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 = 8656, living area = 1354.
Investment Potential: The property is explicitly marketed as a 'Great investment opportunity,' suggesting potential for appreciation or rental income.
Spacious Outdoor Living: Features a 'spacious backyard ideal for outdoor gatherings, gardening, or future additions,' supported by a generous 8,656 sqft lot size.
Peaceful Neighborhood: Located in a 'quiet, established neighborhood,' offering a serene and peaceful living environment.
Community Access & Growth: Benefits from 'easy access to local shops and a growing community,' indicating convenience and potential for future development.
No Association Fees: The absence of an association fee reduces ongoing ownership costs, making it a more affordable option for buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8656, other record lot size in square feet = 8712.
As-Is Condition: The property is sold 'AS IS,' implying the seller will not make repairs and potential buyers should anticipate necessary investments for maintenance or upgrades.
Property Age: Built in 1987, the home is 37 years old, suggesting that some systems, appliances, or interior finishes may be original or dated and could require modernization.
California City Market: While growing, California City's market can be more niche and less liquid compared to larger metropolitan areas, potentially impacting future resale value or appreciation.
Browse Properties by State Browse housing market trends by state