37443 Yorkshire Drive, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 3 bath
ACTIVE$550,000$1,995/sqft
Est. Value: $554,684
%
FairlyEstimate
37443 Yorkshire Drive, Palmdale, California 93550
3Beds
3Baths
1,995Sqft
7,484Lot
Price Vs. Estimate
The estimated value ($554,683.82) is $4,683.82 (0%) lower than the list price ($550,000). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Interior: With 1995 sqft, the 3-bedroom, 3-bathroom layout offers comfortable and functional living space for residents.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2024-12-26. The sold price is $505,000.00.
Compared to the nearby listings
Price:$550.0K vs avg $455.0K (+$95,000)85%
Size:1,995 sqft vs avg 1,503 sqft79%
Price/sqft:$276 vs avg $30330%
More Insights
Built in 1985 (41 years old).
Condition: Built in 1985, this property is well-maintained but shows significant signs of its age, particularly in the kitchen. The kitchen features original wood cabinets, dated white tile countertops, older appliances (excluding the refrigerator), and fluorescent lighting, indicating no major renovations since construction. While the home appears clean and functional, the overall style and key components like the kitchen and potentially bathrooms (though not fully visible) are outdated and would require updates to meet current aesthetic and functional standards. The property aligns with the 'Fair' category as it is aged but maintained, with functional major components showing signs of being outdated.
Year Built
1985
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
25629751
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods
About this home
A
Aminul Islam
Listing Agent
Price History
Date
Event
Price
12/26/24
Sold
$505,000
Condition Rating
Fair
Built in 1985, this property is well-maintained but shows significant signs of its age, particularly in the kitchen. The kitchen features original wood cabinets, dated white tile countertops, older appliances (excluding the refrigerator), and fluorescent lighting, indicating no major renovations since construction. While the home appears clean and functional, the overall style and key components like the kitchen and potentially bathrooms (though not fully visible) are outdated and would require updates to meet current aesthetic and functional standards. The property aligns with the 'Fair' category as it is aged but maintained, with functional major components showing signs of being outdated.
Pros & Cons
Pros
Spacious Interior: With 1995 sqft, the 3-bedroom, 3-bathroom layout offers comfortable and functional living space for residents.
Ample Lot Size: The 7,484 sqft lot provides significant outdoor area, ideal for gardening, entertaining, or potential future enhancements.
Desirable View: The 'Trees/Woods' view offers a pleasant natural aesthetic and a sense of privacy, enhancing the property's appeal.
Recent Transaction History: A sale in December 2024 at $505,000 provides a clear and recent benchmark for market value and activity.
Potential for Immediate Equity/Appreciation: The current listing at $550,000, following a recent sale at $505,000, suggests either strong market demand or perceived value additions, potentially offering quick equity or appreciation for a new owner.
Cons
Recently Sold Property: The property was recently sold within the past year on 2024-12-26. The sold price is $505,000.00.
Aging Infrastructure: Built in 1985, the property is nearly 40 years old, which may imply the need for updates to major systems (e.g., HVAC, plumbing, electrical) and general modernization.
Significant Price Adjustment: The 8.9% price increase from its December 2024 sale price of $505,000 to the current $550,000 listing may be perceived as aggressive by buyers if not clearly justified by substantial renovations or a rapidly appreciating market.
Geographic Market Limitations: Palmdale's location, while offering relative affordability, can be a consideration for buyers prioritizing proximity to major employment hubs or specific climate preferences, potentially narrowing the buyer pool.