249 Monroe Street, Arvin, CA 93203, Arvin, 93203 - 1 bed, 1 bath
ACTIVE$199,900$517/sqft
249 Monroe Street, Arvin, CA 93203
1Bed
1Bath
517Sqft
6,969Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive Renovation: The property has undergone extensive renovations, including brand-new interior and exterior paint, a new roof, an updated kitchen with new cabinets and countertops, new laminate flooring throughout, and a modernized bathroom, ensuring a fresh and appealing aesthetic.
Top Cons:
Limited Living Space: At only 517 sqft with 1 bedroom and 1 bathroom, the property offers very limited living space, which may restrict its appeal to singles, couples, or those seeking a minimalist lifestyle.
Compared to the nearby listings
Price:$199.9K vs avg $700.0K ($-500,050)50%
Size:517 sqft vs avg 1,850 sqft50%
Price/sqft:$387 vs avg $38250%
More Insights
Built in 1942 (84 years old).
Condition: This property has undergone an extensive and recent renovation, including a new roof, brand-new interior and exterior paint, new laminate flooring throughout, and a fully updated kitchen with new cabinets, countertops, and a modern sink/faucet. The bathroom is also completely modernized with new vanity, fixtures, and tiling. A modern mini-split system provides efficient cooling and heating. All visible components appear new and meet current quality standards, making it move-in ready with no deferred maintenance, aligning with an 'extensively renovated within 5 years' condition.
Year Built
1942
Close
-
List price
$200K
Original List price
-
Price/Sqft
$387
HOA
$0
Days on market
-
Sold On
-
MLS number
SC25266968
Home ConditionExcellent
Features
Patio
View-
About this home
Beautifully Renovated Charming Home With Brand-New Interior And Exterior Paint, A New Roof, And An Updated Kitchen Featuring New Cabinets And Countertops. The Home Boasts New Laminate Flooring Throughout, Along With A Modernized Bathroom. A Small Bonus Room Provides The Perfect Space For A Home Office. Situated On A Generous Lot, This Property Is Ideal For First-Time Homebuyers Or Investors Looking For A Move-In-Ready Opportunity.
K
Karla Salazar
Listing Agent
Price History
Date
Event
Price
08/14/24
Sold
$120,000
Condition Rating
Excellent
This property has undergone an extensive and recent renovation, including a new roof, brand-new interior and exterior paint, new laminate flooring throughout, and a fully updated kitchen with new cabinets, countertops, and a modern sink/faucet. The bathroom is also completely modernized with new vanity, fixtures, and tiling. A modern mini-split system provides efficient cooling and heating. All visible components appear new and meet current quality standards, making it move-in ready with no deferred maintenance, aligning with an 'extensively renovated within 5 years' condition.
Pros & Cons
Pros
Comprehensive Renovation: The property has undergone extensive renovations, including brand-new interior and exterior paint, a new roof, an updated kitchen with new cabinets and countertops, new laminate flooring throughout, and a modernized bathroom, ensuring a fresh and appealing aesthetic.
Move-in Ready Condition: With all major cosmetic updates completed, the home is presented as a 'move-in-ready opportunity,' appealing to buyers who prefer to avoid immediate renovation costs and efforts.
Generous Lot Size: Situated on a generous 6,969 sqft lot, this property offers ample outdoor space for potential expansion, gardening, or creating an inviting outdoor living area.
Versatile Bonus Room: The inclusion of a small bonus room adds significant value by providing a dedicated space perfect for a home office, a small den, or an extra utility area.
Targeted Buyer Appeal: The property is explicitly marketed as ideal for first-time homebuyers or investors, indicating a clear market niche and potential for strong interest from these segments.
Cons
Limited Living Space: At only 517 sqft with 1 bedroom and 1 bathroom, the property offers very limited living space, which may restrict its appeal to singles, couples, or those seeking a minimalist lifestyle.
Age of Structure: Despite extensive renovations, the home was built in 1942, which could imply potential underlying issues with original systems (e.g., plumbing, electrical, foundation) that may not have been fully addressed in the described updates.
Recent Price Reduction: The listing price history shows a recent reduction from $210,900 to $199,900, which might suggest initial overpricing or market resistance, potentially impacting buyer confidence.