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2757 Phelan, Phelan, California 92371, Phelan, 92371 - 4 bed, 2 bath

2757 Phelan, Phelan, California 92371 home-pic-0
ACTIVE$419,000
2757 Phelan, Phelan, California 92371
4Beds
2Baths
1,914Sqft
16,000Lot

Price Vs. Estimate

The estimated value ($419,000) is $0 (0%) lower than the list price ($419,000). This property may be overpriced.

Key pros and cons

Top Pros:
Assumable FHA Loan: The assumable FHA loan presents a significant financial advantage for qualified buyers, potentially offering lower interest rates and reduced closing costs.
Top Cons:
Mobile Home: Being a mobile home might affect financing options and resale value compared to traditional single-family residences.

Compared to the nearby listings

Price:$419.0K vs avg $485.0K ($-66,000)27%
Size:1,914 sqft vs avg 1,998 sqft48%
Price/sqft:$219 vs avg $25020%

More Insights

Built in 2022 (3 years old).
Condition: The property was built in 2022, so it's relatively new. The images show a modern kitchen with an island and well-maintained bathrooms. The overall condition appears to be move-in ready with minimal wear and tear. While not 'excellent' due to not being fully renovated, it's in good shape.
Year Built
2022
Close
-
List price
$419K
Original List price
$439K
Price/Sqft
$219
HOA
-
Days on market
-
Sold On
-
MLS number
SR25143584
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Neighborhood, Valley
ViewCity Lights,Mountain(s),Neighborhood,Valley

About this home

FHA ASSUMABLE LOAN. 2022 Fleetwood Double-Wide Mobile Home with it's own land, 4Bedrooms 2 Baths, Kitchen with a generous size Island, open floor, almost 2000 sq. Ft. living space, 16000 Sq. Ft lot, close by Stater Brothers Grocery Store, Rite Aid, MacDonald, Auto Zone, was brand new 2 years ago, and installed 2 years ago, Central A/C, & Heating, CITY WATER & ELECTRICITY,, Close to many recreational areas, like Wrightwood Mountains, The Home has high-efficiency insulation in the walls & ceilings, Vinyl thermal pane windows, long lasting cement siding, Home has 200 amps main electrical panel & 2 cars detached garage with 100 amps sub electrical panel, Plenty of power for all your needs.

Condition Rating
Good
The property was built in 2022, so it's relatively new. The images show a modern kitchen with an island and well-maintained bathrooms. The overall condition appears to be move-in ready with minimal wear and tear. While not 'excellent' due to not being fully renovated, it's in good shape.
Pros & Cons

Pros

Assumable FHA Loan: The assumable FHA loan presents a significant financial advantage for qualified buyers, potentially offering lower interest rates and reduced closing costs.
Newer Construction: Built in 2022, the property offers modern construction standards and potentially lower maintenance costs compared to older homes.
Spacious Layout: With almost 2000 sq. ft. of living space, 4 bedrooms, and an open floor plan, the home provides ample room for families and entertaining.
Large Lot Size: The 16000 sq. ft. lot offers plenty of outdoor space for various activities and potential future expansions.
Detached Garage with Electrical Panel: The 2-car detached garage with a 100 amps sub electrical panel provides secure parking and additional power for tools or hobbies.

Cons

Mobile Home: Being a mobile home might affect financing options and resale value compared to traditional single-family residences.
HOA Fees: HOA fees can add to the monthly expenses and should be considered in the overall affordability assessment.
Price Reduction: The recent price reduction from the original list price may indicate challenges in the market or perceived value.

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