349 S Margalo, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
349 S Margalo
Ridgecrest, CA 93555
Property Price
SUMMARY
Analysis of 349 S Margalo, Ridgecrest, CA 93555 reveals a Fairly Priced Property with a current list price of $250,000 aligned with the estimated $250,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ridgecrest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 349 S Margalo Subject | $250,000* List Price | 3 | 2 | 1,352 | $185 | - |
A 429 Peg Street Sold | $235,000 | 3 | 2 | 1,572 | $149 | 0.9 mi |
B 729 S Downs Street Sold | $229,000 | 3 | 2 | 1,500 | $153 | 0.5 mi |
C 813 Victoria Court Sold | $255,000 | 3 | 2 | 1,270 | $201 | 0.4 mi |
D 253 W French Avenue Sold | $206,000 | 3 | 1 | 1,255 | $164 | 0.8 mi |
E 429 N Peg Street Pending | $239,990 List Price | 3 | 2 | 1,572 | $153 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1973, this property has undergone extensive and recent renovations, bringing it to a 'move-in ready' condition. The description highlights a 'fresh new look' with a recently painted exterior, new laminate plank flooring throughout, and new windows, significantly improving energy efficiency and aesthetics. The kitchen features modern Corian countertops, upgraded stainless steel appliances (microwave, dishwasher, refrigerator), a new sink, faucet, and stylish lighting, although the blue painted cabinets appear to be refreshed older units rather than brand new contemporary ones. Both bathrooms have been tastefully remodeled with new paint, mirrors, lighting, faucets, and water-efficient toilets, presenting a clean and functional space, even if the vanity style is not ultra-modern. The addition of a mini-split system for efficient heating and cooling is a significant upgrade. While not a full gut renovation to 'excellent' standards, the property's major systems and visible components are updated, well-maintained, and functional, fitting the criteria for a 'good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Updates & Move-in Ready
The property has been thoughtfully updated throughout, including a recently painted exterior, new laminate plank flooring, new windows, and remodeled kitchen and bathrooms, making it a truly move-in ready home.
- Efficient Heating & Cooling
Equipped with a mini-split system for efficient heating and cooling, complemented by new energy-efficient windows that enhance comfort and reduce utility costs.
- Modern Kitchen & Bathrooms
Features a remodeled kitchen with modern Corian countertops, upgraded appliances, and tastefully remodeled bathrooms with new fixtures and water-efficient toilets.
CONSRISKS & DEFICIENCIES
- Age of Property (Potential for Older Systems)
Built in 1973, while many cosmetic updates are present, some underlying systems (e.g., plumbing, electrical beyond lighting) may still be original or older, potentially requiring future maintenance or upgrades not explicitly mentioned.
- Moderate Living Space
With 1,352 sq. ft. of living space, the home offers functional living but may be considered modest for larger families or those desiring more expansive rooms and amenities.
- Lack of Garage Details
The property description does not specify the presence or type of garage or covered parking, which could be a significant consideration for buyers seeking secure parking or additional storage space.
About 349 S Margalo
FRESH NEW LOOK! Recently Painted Exterior gives this Home Fantastic Curb Appeal. Offering 3 Bedrooms, 2 Bathrooms, and 1,352 Sq. ft. of Living Space, this Property has Been Thoughtfully Updated Throughout. Inside, You'll Find a Thoughtfully Updated Floor Plan with a Spacious Living Room Featuring a Recessed Niche Perfect for Storage or an Entertainment Center Plus a Mini Split System for Efficient Heating and Cooling. The Remodeled Kitchen Offers Modern Corian Countertops with Backsplash, Upgraded Sink, Faucet, Microwave, Dishwasher, and a Stylish Light Fixture above the Sink. Additional Updates Include Newer Lighting in the Family area Accented by Relaxing Sea-Blue Tones. Throughout the Home, Enjoy New Laminate Plank Flooring and New Windows that Bring in Abundant Natural Light while Improving Energy Efficiency. Both Bathrooms have Been Tastefully Remodeled with Fresh Paint, Mirrors, Lighting, Faucets, and Water-Efficient Toilets. Bedrooms Feature Newer Ceiling Fans, and Generous Closet Space. Step Outside to a Large Stone-Floored Covered Patio Perfect for Summer Gatherings and BBQs. Low-Maintenance, Water-Wise Landscaping Makes Upkeep Easy. Ideally Located Near a Charter School, IWV Baseball Fields, and Surrounded by a Family-Friendly Neighborhood. A Wonderful Opportunity to Own a Beautifully Updated, Move-In Ready Home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 6,969 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,352 | 1,478.5 | 38% |
| Lot Size | 6,969 | 7,899.5 | 21% |
| Price | $250.0K | $250.0K | 50% |
| Price per sq ft | $185 | $164 | 71% |
| Built year | 1973 | 1975 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 216 | 21% |
Pricing History
Listed for Sale
Sep 25, 2025
$250,000
Initial Listing
Sold
Jul 22, 2016
$139,500
Public Record
Sold
Apr 11, 2011
$105,000
Public Record
Sold
Oct 18, 2005
$152,000
Public Record
Sold
Mar 13, 2003
$45,000
Public Record
Sold
Jul 23, 2001
$63,500
Public Record
Sold
Feb 5, 2001
$28,000
Public Record