25492 Paloma, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath
ACTIVE$425,000
25492 Paloma, San Bernardino, California 92410
2Beds
1Bath
930Sqft
10,556Lot
Price Vs. Estimate
The estimated value ($441,561.59) is $16,561.59 (3%) higher than the list price ($425,000). This property may be underpriced.
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 = 10556, living area = 930.
Top Cons:
Age of Property: Built in 1938, the home's age may imply potential for outdated systems (plumbing, electrical) and higher maintenance requirements compared to newer constructions.
Compared to the nearby listings
Price:$425.0K vs avg $442.5K ($-17,500)48%
Size:930 sqft vs avg 1,227 sqft26%
Price/sqft:$457 vs avg $36679%
More Insights
Built in 1938 (87 years old).
Condition: Built in 1938, this property is an older home that appears to have been maintained with some updates, but not a full recent renovation. The kitchen features updated white cabinets but has dated linoleum flooring and older appliances. The living areas and bedrooms have carpet that appears worn and dated. The presence of window AC units suggests a lack of central cooling, indicating outdated systems. While functional, the property requires minor updates to modernize its aesthetics and improve comfort and efficiency.
Year Built
1938
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$457
HOA
-
Days on market
-
Sold On
-
MLS number
CV25252776
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Welcome to this charming two-bedroom, one bath home featuring a large living room and a well-appointed kitchen and dining area perfect for everyday living. Situated on an 10,556 sq ft lot, this property offers plenty of space to relax or entertain. Conveniently located near major freeways, shopping centers, restaurants, schools, and Yaamava Resort & Casino, this home combines comfort, convenience, and great potential. Don't miss this opportunity to own a spacious property in San Bernardino.
Price History
Date
Event
Price
06/15/00
Sold
$49,000
06/15/00
Sold
$85,000
09/26/05
Sold
$245,000
12/06/02
Sold
$97,000
Condition Rating
Fair
Built in 1938, this property is an older home that appears to have been maintained with some updates, but not a full recent renovation. The kitchen features updated white cabinets but has dated linoleum flooring and older appliances. The living areas and bedrooms have carpet that appears worn and dated. The presence of window AC units suggests a lack of central cooling, indicating outdated systems. While functional, the property requires minor updates to modernize its aesthetics and improve comfort and efficiency.
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 = 10556, living area = 930.
Generous Lot Size: The property boasts a substantial 10,556 sq ft lot, offering ample outdoor space for potential expansion, landscaping, or recreational activities.
Prime Location & Accessibility: Strategically situated near major freeways, shopping centers, restaurants, schools, and the Yaamava Resort & Casino, providing exceptional convenience and access to amenities.
Investment Potential: Described as having 'great potential,' the combination of a large lot and a charming, older home presents significant opportunities for renovation, expansion, and value appreciation.
Functional Interior Layout: Features a 'large living room' and a 'well-appointed kitchen and dining area,' indicating a practical and comfortable living space for everyday use.
Neighborhood View: The property offers a pleasant neighborhood view, contributing to its overall appeal and living environment.
Cons
Age of Property: Built in 1938, the home's age may imply potential for outdated systems (plumbing, electrical) and higher maintenance requirements compared to newer constructions.
Compact Interior Space: With only 930 sq ft and one bathroom, the living area is relatively small, which might be a limiting factor for buyers seeking more spacious accommodations or additional bathrooms.
Potential Overpricing: The current list price of $425,000 is approximately 6% above the estimated property value of $395,973, suggesting it may be priced aggressively relative to market expectations.