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2517 Macbeth Avenue, Corona, California 92882, Corona, 92882 - 5 bed, 4 bath

2517 Macbeth Avenue, Corona, California 92882 home-pic-0
ACTIVE$998,000
2517 Macbeth Avenue, Corona, California 92882
5Beds
4Baths
2,660Sqft
7,405Lot
Year Built
1997
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
WS25110150
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,5 Pros. Rank: price - $998.0K(83th), sqft - 2660(78th), beds - 5(85th), baths - 4(88th).

There is a separate suite with its own private entrance from the side yard. This suite includes a bedroom, a bathroom, a small living area, and a kitchenette, making it an ideal in-law suite or guest quarters. property features extremely low ownership costs with no HOA fees and very low property taxes. It includes a four-car garage, which is a significant highlight.The main house is a spacious 4-bedroom, 3-bathroom home with high ceilings upon entry, offering a bright and open floor plan. The layout is thoughtfully designed for comfort and convenience.Additionally, the property boasts a large backyard with ample space, perfect for outdoor activities. There are also two covered patios, ideal for outdoor dining and relaxation. To top it off, there is a built-in barbecue, perfect for entertaining guests.The location is very convenient, with easy access to shopping centers and schools.

Condition Rating
Good
Built in 1997, this property has undergone significant updates, particularly in the kitchen which features modern white shaker cabinets, dark blue island, white quartz countertops, stainless steel appliances, and LVP flooring, indicating a recent renovation. The main living areas also boast modern LVP flooring and recessed lighting. While some elements like one of the main bathrooms show slightly older fixtures and tile, the overall condition is move-in ready and well-maintained. The separate suite with its own kitchenette and bathroom is a valuable, functional addition. These updates push the property beyond 'Fair' and firmly into the 'Good' category, as it has been extensively renovated in key areas within the last 5-15 years.
Pros & Cons

Pros

Income Potential / Multi-generational Living: The property features a separate suite with its own private entrance, including a bedroom, bathroom, living area, and kitchenette, ideal for an in-law suite, guest quarters, or potential rental income.
Low Ownership Costs: Benefits from extremely low ownership costs with no HOA fees and very low property taxes, enhancing affordability and long-term value.
Ample Parking & Storage: Includes a spacious four-car garage, providing significant parking and storage capacity.
Spacious Main House Design: The main house offers a generous 4-bedroom, 3-bathroom layout with high ceilings upon entry, creating a bright and open floor plan.
Enhanced Outdoor Living: Boasts a large backyard with ample space for activities, two covered patios for relaxation and dining, and a built-in barbecue perfect for entertaining.

Cons

Significant Valuation Discrepancy: The listing price of $998,000 is substantially higher than the estimated property value of $630,773, indicating potential overpricing relative to market conditions and comparable sales.
Lack of Views: The property does not offer any notable views, which may be a disadvantage compared to other homes in the area that highlight mountain or city vistas.
Unspecified Cooling System: The property description does not mention the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months in California.

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