2440 N Glenwood Avenue, Rialto, California 92377, Rialto, 92377 - 5 bed, 3 bath
ACTIVE$575,000
2440 N Glenwood Avenue, Rialto, California 92377
5Beds
3Baths
2,066Sqft
8,400Lot
Price Vs. Estimate
The estimated value ($571,194.145) is $3,805.855 (0%) lower than the list price ($575,000). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Accommodation: With 5 bedrooms and 3 bathrooms, the property offers ample living space, ideal for larger families or those requiring dedicated home office or guest areas.
Top Cons:
Recent Price Increase: The listing price has recently increased from $525,000 to $575,000, which may be perceived as a less competitive entry point for some buyers.
Compared to the nearby listings
Price:$575.0K vs avg $660.0K ($-85,000)11%
Size:2,066 sqft vs avg 2,000 sqft62%
Price/sqft:$278 vs avg $34022%
More Insights
Built in 1980 (45 years old).
Condition: The property was built in 1980, making it 44 years old. With no interior images or details regarding recent renovations, it's highly probable that the kitchen, bathrooms, and other interior components are original or have been updated more than 15-30 years ago. While the exterior appears maintained, the age of the property strongly suggests that major components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards and preferences, especially in key areas like the kitchen and bathrooms.
Year Built
1980
Close
-
List price
$575K
Original List price
$525K
Price/Sqft
$278
HOA
-
Days on market
-
Sold On
-
MLS number
TR25021724
Home ConditionFair
Features
View-
About this home
**ON HOLD**
Condition Rating
Fair
The property was built in 1980, making it 44 years old. With no interior images or details regarding recent renovations, it's highly probable that the kitchen, bathrooms, and other interior components are original or have been updated more than 15-30 years ago. While the exterior appears maintained, the age of the property strongly suggests that major components are functional but show signs of being outdated, requiring minor updates or repairs to meet current standards and preferences, especially in key areas like the kitchen and bathrooms.
Pros & Cons
Pros
Spacious Accommodation: With 5 bedrooms and 3 bathrooms, the property offers ample living space, ideal for larger families or those requiring dedicated home office or guest areas.
Generous Lot Size: The 8400 sqft lot provides substantial outdoor space, offering potential for landscaping, recreation, or future property enhancements.
Favorable Valuation: The current list price of $575,000 is below the estimated property value of $602,099.65, suggesting a potentially strong investment opportunity with immediate equity.
Functional Interior Space: The 2066 sqft of living area for 5 bedrooms and 3 bathrooms indicates a practical and efficient layout, maximizing usable space.
Established Neighborhood: Built in 1980, the property is likely situated within an established community in Rialto, potentially offering mature infrastructure and a stable environment.
Cons
Recent Price Increase: The listing price has recently increased from $525,000 to $575,000, which may be perceived as a less competitive entry point for some buyers.
Absence of Scenic Views: The property lacks any notable scenic views, which could be a drawback for buyers prioritizing premium vistas or natural surroundings.
Potential for System Updates: As a 1980-built home, major systems (e.g., HVAC, plumbing, electrical) may be original or require updates to meet modern efficiency standards or buyer expectations.