2505 Rosemary Lane, San Bernardino, California 92407, San Bernardino, 92407 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$550,000
2505 Rosemary Lane, San Bernardino, California 92407
4Beds
2Baths
1,320Sqft
7,192Lot
Price Vs. Estimate
The estimated value ($422,482.34) is $127,517.66 (23%) lower than the list price ($550,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Amenities: Conveniently located in the desirable Verdemont Heights area, offering easy access to CSSB, Vermont Community Park, Glen Helen Regional Park, and various shopping and dining options.
Top Cons:
Significant Overpricing: The current listing price of $550,000 is substantially higher than the estimated market value of $430,695, indicating a potential overvaluation that may deter buyers.
Compared to the nearby listings
Price:$550.0K vs avg $595.0K ($-45,000)39%
Size:1,320 sqft vs avg 1,793 sqft21%
Price/sqft:$417 vs avg $32483%
More Insights
Built in 1987 (38 years old).
Condition: Built in 1987, the property is 37 years old and shows significant signs of age and deferred maintenance. The kitchen, a major component, is in poor condition with dated cabinets (some missing doors), worn tile flooring, and critically, appears to be missing essential appliances like a stove/oven and dishwasher. While some updates like granite countertops and a stainless steel refrigerator are present, the overall kitchen requires substantial rehabilitation to be fully functional and modern. The exterior and backyard also show neglect, with unkempt landscaping and a weathered pergola. This property requires significant investment for modernization and maintenance, aligning with the 'poor' condition criteria.
Year Built
1987
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$417
HOA
-
Days on market
-
Sold On
-
MLS number
PW25237731
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
Welcome home to this inviting floor plan of 4 bed rooms and 2 baths in the desirable Verdemont Heights area of San Bernardino. Nearby are beautiful mountains and hiking trails for outdoor adventures. On top of that the home is conveniently located near CSSB, Vermont Community Park, Glen Helen Regional Park and Amphithearter as well as shopping and dining along University Parkway and Kendall Drive. A spacious backyard of over 7000 feet creates a perfect entertaining and relaxing oasis. Freeway close to the 215 and 210. 2-car garage with direct access to the home.
Nearby schools
7/10
Palm Avenue Elementary School
Public,•K-6•0.7mi
7/10
North Verdemont Elementary School
Public,•K-6•1.6mi
5/10
Little Mountain Elementary
Public,•K-6•2.3mi
5/10
North Park Elementary School
Public,•K-6•2.8mi
5/10
Cesar E. Chavez Middle School
Public,•6-8•1.2mi
3/10
Shandin Hills Middle School
Public,•6-8•2.5mi
5/10
Cajon High School
Public,•9-12•2.5mi
5/10
Arroyo Valley High School
Public,•9-12•5.0mi
Condition Rating
Poor
Built in 1987, the property is 37 years old and shows significant signs of age and deferred maintenance. The kitchen, a major component, is in poor condition with dated cabinets (some missing doors), worn tile flooring, and critically, appears to be missing essential appliances like a stove/oven and dishwasher. While some updates like granite countertops and a stainless steel refrigerator are present, the overall kitchen requires substantial rehabilitation to be fully functional and modern. The exterior and backyard also show neglect, with unkempt landscaping and a weathered pergola. This property requires significant investment for modernization and maintenance, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location & Amenities: Conveniently located in the desirable Verdemont Heights area, offering easy access to CSSB, Vermont Community Park, Glen Helen Regional Park, and various shopping and dining options.
Outdoor Lifestyle Access: Proximity to beautiful mountains and hiking trails provides excellent opportunities for outdoor adventures and recreation.
Generous Backyard: A spacious lot of over 7,000 sqft (7192 sqft) creates an ideal setting for entertaining, relaxation, and potential landscaping projects.
Excellent Commuter Access: Strategically positioned with close proximity to the 215 and 210 freeways, offering convenient travel for commuters.
Functional Family Layout: The property features an inviting floor plan with 4 bedrooms and 2 bathrooms, complemented by a 2-car garage with direct access, suitable for family living.
Cons
Significant Overpricing: The current listing price of $550,000 is substantially higher than the estimated market value of $430,695, indicating a potential overvaluation that may deter buyers.
Age of Property & Potential for Updates: Built in 1987, the home is 37 years old, suggesting that systems, appliances, and finishes may be dated and could require significant investment for modernization and maintenance.
Compact Interior Living Space: With 1320 sqft for 4 bedrooms, the interior living areas may be considered compact, potentially limiting spaciousness for a growing family or those desiring larger rooms.