37028 Velutina Way, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
ACTIVE$520,000
37028 Velutina Way, Palmdale, California 93550
3Beds
2Baths
1,812Sqft
6,632Lot
Price Vs. Estimate
The estimated value ($486,869.36) is $33,130.64 (6%) lower than the list price ($520,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: The property is situated in a desirable area of East Palmdale, enhancing its appeal to potential buyers.
Top Cons:
Property Age & Potential for Updates: Built in 1992, the property is over 30 years old, and the description does not specify any recent major renovations or system updates, which may indicate a need for future investment.
Compared to the nearby listings
Price:$520.0K vs avg $465.0K (+$55,000)76%
Size:1,812 sqft vs avg 1,514 sqft72%
Price/sqft:$287 vs avg $30541%
More Insights
Built in 1992 (33 years old).
Condition: The property was built in 1992, making it 32 years old. While it appears well-maintained and functional, the kitchen and bathrooms show significant signs of being outdated. The kitchen features a mix of newer stainless steel appliances (range, microwave) with a very dated almond-colored dishwasher, and the cabinets and countertops appear to be original or from an older renovation (15-30 years ago). The bathrooms are also quite dated with wallpaper and older vanity styles. The flooring is a mix of tile and wood laminate, which is generally in good condition. Overall, the home is aged but maintained, and major components are functional, but it requires cosmetic updates to meet current aesthetic standards, fitting the 'Fair' condition criteria.
Year Built
1992
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
$287
HOA
-
Days on market
-
Sold On
-
MLS number
CV25154590
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills
About this home
You found it! This is the one you have been looking for. This a beautiful and cozy 3 bedrooms and 2 bathrooms property located in a desirable area of East Palmdale. This house is perfect as a starter home and for a seasoned investor. This house has over 1,800 sq. ft. of living space and has an unique feature: It has 2 living rooms; you have to see it for yourself. The back yard is ideal for Family and social gatherings with a covered patio and green areas. Peach trees in the back yard. You have several vehicles? no problem! You can easily park 2 regular sized cars or trucks in the driveway and 2 more in the attached garage and much more including a surveillance system that comes with the sale.
Condition Rating
Fair
The property was built in 1992, making it 32 years old. While it appears well-maintained and functional, the kitchen and bathrooms show significant signs of being outdated. The kitchen features a mix of newer stainless steel appliances (range, microwave) with a very dated almond-colored dishwasher, and the cabinets and countertops appear to be original or from an older renovation (15-30 years ago). The bathrooms are also quite dated with wallpaper and older vanity styles. The flooring is a mix of tile and wood laminate, which is generally in good condition. Overall, the home is aged but maintained, and major components are functional, but it requires cosmetic updates to meet current aesthetic standards, fitting the 'Fair' condition criteria.
Pros & Cons
Pros
Desirable Location: The property is situated in a desirable area of East Palmdale, enhancing its appeal to potential buyers.
Versatile Buyer Appeal: Marketed as ideal for both first-time homebuyers and seasoned investors, broadening its potential buyer pool.
Spacious Interior Layout: Boasts over 1,800 sq. ft. of living space, uniquely featuring two distinct living rooms, offering flexibility and ample space.
Outdoor Entertainment & Amenities: The backyard is well-suited for family and social gatherings, complete with a covered patio and mature peach trees.
Ample Parking & Security: Provides extensive parking options, including space for multiple vehicles in the driveway and a 2-car attached garage, plus a surveillance system for added security.
Cons
Property Age & Potential for Updates: Built in 1992, the property is over 30 years old, and the description does not specify any recent major renovations or system updates, which may indicate a need for future investment.
Lack of HVAC/AC Mention: The property description does not mention the presence or condition of a cooling system (AC), which is a critical feature in Palmdale's climate and could be a significant omission.
Generic Description Lacks Specifics: While positive, the description uses general terms like 'beautiful and cozy' without detailing specific upgrades or the condition of key components (e.g., roof, plumbing, electrical), suggesting a need for thorough buyer inspection.