22764 Powhatan Road, Apple Valley, California 92308, Apple Valley, 92308 - 3 bed, 2 bath
ACTIVE$330,000
22764 Powhatan Road, Apple Valley, California 92308
3Beds
2Baths
1,661Sqft
18,025Lot
Price Vs. Estimate
The estimated value ($237,875.795) is $92,124.205 (27%) lower than the list price ($330,000). 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 = 18025, living area = 1661.
Top Cons:
Significant Financing Obstacle: The property is explicitly stated to likely not finance unless it is a rehab loan, indicating substantial condition issues that will deter conventional buyers.
Compared to the nearby listings
Price:$330.0K vs avg $413.0K ($-83,000)17%
Size:1,661 sqft vs avg 1,632 sqft53%
Price/sqft:$199 vs avg $24216%
More Insights
Built in 1987 (38 years old).
Condition: Built in 1987, this property is 37 years old and has not undergone significant renovations. The interior images clearly show removed flooring throughout, dated floral wallpaper, and popcorn ceilings, indicating a need for extensive cosmetic and functional updates. The kitchen features original, highly outdated wood cabinets and tiled countertops, while the bathroom also presents an original, dated vanity and tiled counter. Crucially, the MLS description explicitly states that the property 'will likely not finance unless it is a rehab loan,' which is a strong indicator of substantial underlying condition issues requiring significant repairs and rehabilitation beyond minor updates. This necessitates a major investment to bring the property to modern living standards.
Year Built
1987
Close
-
List price
$330K
Original List price
$330K
Price/Sqft
$199
HOA
-
Days on market
-
Sold On
-
MLS number
IG25189067
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Nice floorplan, large living room and cozy family room. Brick fireplace and lots of counter space in the kitchen. Nice eating area with a bay window. This house has a back patio that is covered and enclosed with wood trellis. The yard is large and fully fenced. Laundry room/mudroom/pantry and lots of access from house to rear yard. This property will likely not finance unless it is a rehab loan.
Condition Rating
Poor
Built in 1987, this property is 37 years old and has not undergone significant renovations. The interior images clearly show removed flooring throughout, dated floral wallpaper, and popcorn ceilings, indicating a need for extensive cosmetic and functional updates. The kitchen features original, highly outdated wood cabinets and tiled countertops, while the bathroom also presents an original, dated vanity and tiled counter. Crucially, the MLS description explicitly states that the property 'will likely not finance unless it is a rehab loan,' which is a strong indicator of substantial underlying condition issues requiring significant repairs and rehabilitation beyond minor updates. This necessitates a major investment to bring the property to modern living 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 = 18025, living area = 1661.
Functional Layout & Living Spaces: The property features a nice floorplan with a large living room and a cozy family room, providing versatile and comfortable living areas.
Well-Equipped Kitchen: The kitchen offers ample counter space and a pleasant eating area with a bay window, enhancing daily functionality and appeal.
Enhanced Outdoor Living: A covered and enclosed back patio with a wood trellis provides a dedicated and comfortable space for outdoor relaxation or entertaining.
Generous & Secure Yard: The large, fully fenced yard offers privacy, security, and ample space for various outdoor activities.
Practical Utility Features: The inclusion of a dedicated laundry room/mudroom/pantry adds significant convenience and storage options, with easy access to the rear yard.
Cons
Significant Financing Obstacle: The property is explicitly stated to likely not finance unless it is a rehab loan, indicating substantial condition issues that will deter conventional buyers.
Implied Extensive Renovation Needs: The requirement for a rehab loan strongly suggests the property is in poor condition and will necessitate considerable investment in repairs and upgrades.
Overpriced Relative to Market Value: The listing price of $330,000 is significantly higher than the estimated value of $236,274, suggesting it is overpriced given its current condition and potential financing difficulties.