37411 Sheffield Drive, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 3 bath
ACTIVE$535,000
37411 Sheffield Drive, Palmdale, California 93550
3Beds
3Baths
1,663Sqft
7,753Lot
Price Vs. Estimate
The estimated value ($479,598.25) is $55,401.75 (10%) lower than the list price ($535,000). This property may be overpriced.
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 = 7753, living area = 1663.
Top Cons:
Overpriced Relative to Market Estimation: The current listing price of $535,000 is significantly above the estimated property value of $481,230.43, indicating a potential overvaluation that may deter buyers.
Compared to the nearby listings
Price:$535.0K vs avg $465.0K (+$70,000)82%
Size:1,663 sqft vs avg 1,510.5 sqft62%
Price/sqft:$322 vs avg $30660%
More Insights
Built in 1991 (34 years old).
Condition: Built in 1991, this property is well-maintained but shows its age, particularly in the kitchen and bathrooms. The kitchen features outdated light wood cabinets, older-style granite-look countertops, and a very dated fluorescent box light fixture, despite having newer stainless steel appliances. The bathrooms also have dated light wood vanities and standard fixtures. While the living areas have updated laminate wood flooring and neutral paint, the key areas like the kitchen and bathrooms require minor updates to meet current aesthetic standards. The overall condition is functional and clean, but the style is clearly from an older era, aligning with the 'Fair' category.
Year Built
1991
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$322
HOA
-
Days on market
-
Sold On
-
MLS number
25620193
Home ConditionFair
Features
Deck
Patio
View-
About this home
Discover this exceptional 3-bedroom, 2.5-bath corner lot home nestled in a lovely neighborhood. Offering a spacious and inviting layout, this home features vaulted ceilings, a bright living room, a dedicated dining area, and a cozy family room with a fireplace perfect for gatherings. The open kitchen connects seamlessly to the family room and provides direct access to the patio, making indoor-outdoor living effortless. Upstairs, the primary suite impresses with vaulted ceilings, dual sinks, and private balcony access overlooking the backyard. The generously sized backyard offers RV parking, ideal for storing recreational vehicles, toys, or creating your dream outdoor space. This home is the perfect blend of comfort, convenience, and functionality.
Price History
Date
Event
Price
02/26/99
Sold
$84,000
03/15/24
Sold
$485,000
02/24/16
Sold
$252,000
Condition Rating
Fair
Built in 1991, this property is well-maintained but shows its age, particularly in the kitchen and bathrooms. The kitchen features outdated light wood cabinets, older-style granite-look countertops, and a very dated fluorescent box light fixture, despite having newer stainless steel appliances. The bathrooms also have dated light wood vanities and standard fixtures. While the living areas have updated laminate wood flooring and neutral paint, the key areas like the kitchen and bathrooms require minor updates to meet current aesthetic standards. The overall condition is functional and clean, but the style is clearly from an older era, aligning with the 'Fair' category.
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 = 7753, living area = 1663.
Corner Lot & Neighborhood: Positioned on a desirable corner lot within a lovely neighborhood, offering enhanced privacy and curb appeal.
Functional & Inviting Layout: Features a spacious layout with vaulted ceilings, a bright living room, dedicated dining area, and a cozy family room with a fireplace, catering to comfortable living and entertaining.
Seamless Indoor-Outdoor Living: The open kitchen connects effortlessly to the family room and provides direct access to the patio, ideal for gatherings and outdoor enjoyment.
Primary Suite Amenities: The primary suite boasts vaulted ceilings, dual sinks, and private balcony access overlooking the backyard, offering a private retreat.
Generous Backyard with RV Parking: A generously sized backyard includes valuable RV parking, providing practical space for recreational vehicles or future outdoor development.
Cons
Overpriced Relative to Market Estimation: The current listing price of $535,000 is significantly above the estimated property value of $481,230.43, indicating a potential overvaluation that may deter buyers.
Lack of Premium Views: The property description explicitly states 'None' for views, which could be a drawback for buyers prioritizing scenic surroundings.
Age of Property: Built in 1991, the home may require updates to systems or finishes to meet modern buyer expectations, potentially incurring additional investment post-purchase.