25504 Palermo Way, Yorba Linda, California 92887, Yorba Linda, 92887 - 3 bed, 3 bath
ACTIVE$1,136,000
25504 Palermo Way, Yorba Linda, California 92887
3Beds
3Baths
1,523Sqft
4,950Lot
Price Vs. Estimate
The estimated value ($701,757.105) is $434,242.895 (38%) lower than the list price ($1,136,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Remodel: The property boasts a 'New Remodeled' interior with 'Designer designed Morden Style!', including new garage door, appliances, air conditioner, wood kitchen cabinets, and fireplace, offering a move-in ready experience.
Top Cons:
Significant Overpricing: The current listing price of $1.136M is substantially higher than the property's estimated market value of approximately $701K, indicated by a -38 estimation ratio, which may deter potential buyers.
Compared to the nearby listings
Price:$1.14M vs avg $1.65M ($-513,000)10%
Size:1,523 sqft vs avg 2,769 sqft7%
Price/sqft:$746 vs avg $60386%
More Insights
Built in 1987 (38 years old).
Condition: Despite being built in 1987, the property has undergone a 'New Remodeled' transformation with a 'Designer designed Morden Style!' as stated in the description. The images confirm extensive updates, including a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and contemporary lighting. The flooring throughout is new, light-colored wide plank, and the living area features a sleek, modern fireplace and stylish light fixtures. New appliances, garage door, and air conditioner are also mentioned, indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1987
Close
-
List price
$1.14M
Original List price
$1.15M
Price/Sqft
$746
HOA
$115
Days on market
-
Sold On
-
MLS number
WS25082231
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
New Remolded 3B 2.5B Property, new garage door appliances Air conditioner, Wood kitchen cabinets and fireplace. Designer designed Morden Style! The property was located at 10 & 9 good school district, Tranquil and safe community with low HOA, near shopping center and Costco with convenient amenities surrounding. Welcome to Visit!
Condition Rating
Excellent
Despite being built in 1987, the property has undergone a 'New Remodeled' transformation with a 'Designer designed Morden Style!' as stated in the description. The images confirm extensive updates, including a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and contemporary lighting. The flooring throughout is new, light-colored wide plank, and the living area features a sleek, modern fireplace and stylish light fixtures. New appliances, garage door, and air conditioner are also mentioned, indicating that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Modern Remodel: The property boasts a 'New Remodeled' interior with 'Designer designed Morden Style!', including new garage door, appliances, air conditioner, wood kitchen cabinets, and fireplace, offering a move-in ready experience.
Top-Rated School District: Located within a '10 & 9 good school district,' making it highly attractive to families seeking quality education.
Tranquil Community with Low HOA: Situated in a 'Tranquil and safe community with low HOA,' providing a peaceful living environment and cost-effective homeownership.
Convenient Local Amenities: Proximity to 'shopping center and Costco with convenient amenities surrounding' ensures easy access to daily necessities and retail options.
Mountain Views: The property offers desirable 'Mountain(s)' views, enhancing its aesthetic appeal and potential resale value.
Cons
Significant Overpricing: The current listing price of $1.136M is substantially higher than the property's estimated market value of approximately $701K, indicated by a -38 estimation ratio, which may deter potential buyers.
Property Age: Built in 1987, the home is older, and while recently remodeled, some buyers may prefer newer construction or be concerned about the age of underlying systems not explicitly mentioned as updated.
Proximity to Train Tracks: The description's proactive mention of train tracks and their minimal impact suggests that potential train noise is a known concern that buyers might investigate further.