2229 Spring Oak Drive, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 1 bath

2229 Spring Oak Drive, Running Springs, California 92382 home-pic-0
ACTIVE$285,000
2229 Spring Oak Drive, Running Springs, California 92382
2Beds
1Bath
945Sqft
10,800Lot

Price Vs. Estimate

The estimated value ($285,000) is $0 (0%) lower than the list price ($285,000). 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 = 10800, living area = 945.
Top Cons:
Compact Living Area: With only 945 square feet of living space, the home is relatively small, which may limit its appeal to buyers seeking more expansive interiors.

Compared to the nearby listings

Price:$285.0K vs avg $358.0K ($-73,000)27%
Size:945 sqft vs avg 1,209 sqft29%
Price/sqft:$302 vs avg $28861%

More Insights

Built in 1959 (66 years old).
Condition: The property, built in 1959, has had 'newer kitchen and bathrooms' according to the description, which aligns with the 'Fair' category's 'renovated between 15 to 30 years ago' or 'occasional updates' criteria. However, the images reveal that while functional, these updates are basic and show signs of wear and tear. The kitchen floor appears dirty, walls near the French doors are unfinished, and the bathroom is simple with a basic vanity and tub. Other areas feature dated elements like wood paneling, an older ceiling fan, and a wall heater. The laundry area walls are stained. The phrase 'Bring your paintbrush and make this one yours!' further indicates that cosmetic updates are needed throughout. The property is aged but maintained, with major components functional, but it clearly shows signs of being outdated and requires minor updates and repairs to improve its overall aesthetic and condition.
Year Built
1959
Close
-
List price
$285K
Original List price
$310K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
IV25215634
Home ConditionFair
Features
Good View: Trees/Woods
ViewTrees/Woods

About this home

PRICE DROP! Motivated Seller! This home sits on 1/4 acre lot (10,800 sq ft) and has plenty of off-street parking. The residence has 2 full sized bedrooms and 1 full bathroom. The living space is 945 square feet with an additional 120 square foot front patio/porch. Plenty of room to grow on this lot with a newly installed Wood Fence and a wood-burning fireplace to relax in the warmth of a fire. Exterior Sheds gives you plenty of storage and the back yard has plenty of room to have your favorite pet or chickens. Newer kitchen and bathrooms. You are only a short 20 minute drive to San Bernardino, Yaamava Resort and Casino and easy road access during winter months. This home is priced at an exceptional value for a quick sale. Bring your paintbrush and make this one yours!

Condition Rating
Fair

The property, built in 1959, has had 'newer kitchen and bathrooms' according to the description, which aligns with the 'Fair' category's 'renovated between 15 to 30 years ago' or 'occasional updates' criteria. However, the images reveal that while functional, these updates are basic and show signs of wear and tear. The kitchen floor appears dirty, walls near the French doors are unfinished, and the bathroom is simple with a basic vanity and tub. Other areas feature dated elements like wood paneling, an older ceiling fan, and a wall heater. The laundry area walls are stained. The phrase 'Bring your paintbrush and make this one yours!' further indicates that cosmetic updates are needed throughout. The property is aged but maintained, with major components functional, but it clearly shows signs of being outdated and requires minor updates and repairs to improve its overall aesthetic and condition.
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 = 10800, living area = 945.
Expansive Lot & Growth Potential: The property features a generous 1/4 acre (10,800 sq ft) lot, providing ample off-street parking and significant potential for future expansion or landscaping.
Key Interior Updates: The home benefits from newer kitchen and bathrooms, offering modern functionality and reducing immediate renovation needs for essential areas.
Desirable Lifestyle Amenities: Includes a cozy wood-burning fireplace, a newly installed wood fence, practical exterior sheds for storage, and a spacious backyard suitable for pets or hobbies.
Strategic Location & Accessibility: Offers convenient access with a short 20-minute drive to San Bernardino and Yaamava Resort, alongside crucial easy road access during winter months.
Natural Surroundings: The property boasts appealing 'Trees/Woods' views, contributing to a tranquil and desirable living environment.

Cons

Compact Living Area: With only 945 square feet of living space, the home is relatively small, which may limit its appeal to buyers seeking more expansive interiors.
Pricing Concerns & Market Resistance: Multiple price drops and a listing price significantly above the estimated market value (24% higher) indicate potential overpricing or difficulty in attracting buyers.
Age and Required Cosmetic Updates: Built in 1959, and the suggestion to 'Bring your paintbrush' implies that while key areas are updated, further cosmetic work is likely needed to fully modernize the home.

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