37575 Parkway Drive, Beaumont, California 92223, Beaumont, 92223 - 5 bed, 4 bath

37575 Parkway Drive, Beaumont, California 92223 home-pic-0
ACTIVE$629,000
37575 Parkway Drive, Beaumont, California 92223
5Beds
4Baths
3,800Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($601,264.61) is $27,735.39 (4%) lower than the list price ($629,000). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious & Versatile Layout: This large 3800 sqft home features 5 bedrooms, 3.5 bathrooms, an open-concept living area, a downstairs bedroom, a dedicated office, and an upstairs loft, offering ample space and flexibility for various living arrangements.
Top Cons:
Fixer-Upper Condition: The property is explicitly described as a 'fixer' and 'needs TLC,' indicating that significant repairs, renovations, and financial investment will be required post-purchase.

Compared to the nearby listings

Price:$629.0K vs avg $537.0K (+$92,000)85%
Size:3,800 sqft vs avg 2,044.5 sqft99%
Price/sqft:$166 vs avg $2621%

More Insights

Built in 2010 (15 years old).
Condition: The property, built in 2010, is explicitly described as a 'fixer' and 'needs TLC,' indicating that immediate renovations and repairs are required, which disqualifies it from a 'Good' rating. The visible bathroom is functional but dated in style, consistent with a 2010 build that has not been updated. While the living area appears well-maintained, the overall condition suggests that major components are functional but show signs of being outdated and require minor to moderate updates and repairs.
Year Built
2010
Close
-
List price
$629K
Original List price
$639K
Price/Sqft
$166
HOA
-
Days on market
-
Sold On
-
MLS number
OC25154511
Home ConditionFair
Features
Pool
Spa
View-

About this home

Price reduced! Property is a fixer and needs TLC! Charming 5-bedroom, 3 1/2 bathroom single family home in Beaumont. No HOA fully owned solar, and a private saltwater pool and spa. Step inside to find a spacious, open-concept layout filled with natural light. The kitchen opens to the living room and has ample cabinet space, making it ideal for both entertaining and everyday living. Downstairs bedroom, dining room and office with a guest bathroom. Upstairs has an open loft with 3 more bedrooms and the primary suite. Located in a quiet neighborhood walking distance to the park, with easy access to the 10 & 60 freeways, shopping, dining, schools and more.

Nearby schools

7/10
Tournament Hills Elementary School
Public,K-50.7mi
5/10
Mountain View Middle School
Public,6-82.0mi
5/10
Beaumont Senior High School
Public,9-122.6mi
Condition Rating
Fair

The property, built in 2010, is explicitly described as a 'fixer' and 'needs TLC,' indicating that immediate renovations and repairs are required, which disqualifies it from a 'Good' rating. The visible bathroom is functional but dated in style, consistent with a 2010 build that has not been updated. While the living area appears well-maintained, the overall condition suggests that major components are functional but show signs of being outdated and require minor to moderate updates and repairs.
Pros & Cons

Pros

Spacious & Versatile Layout: This large 3800 sqft home features 5 bedrooms, 3.5 bathrooms, an open-concept living area, a downstairs bedroom, a dedicated office, and an upstairs loft, offering ample space and flexibility for various living arrangements.
Premium Outdoor Amenities: The property boasts a private saltwater pool and spa, providing desirable recreational and relaxation options right at home.
Cost-Saving Solar System: Equipped with fully owned solar panels, this home offers significant long-term savings on electricity bills, enhancing its overall value proposition.
No Homeowners Association (HOA): The absence of an HOA means no additional monthly fees or restrictive community rules, offering greater financial freedom and flexibility to the homeowner.
Convenient Location & Accessibility: Situated in a quiet neighborhood, the home is within walking distance to a park and offers easy access to the 10 & 60 freeways, shopping, dining, and well-rated schools.

Cons

Fixer-Upper Condition: The property is explicitly described as a 'fixer' and 'needs TLC,' indicating that significant repairs, renovations, and financial investment will be required post-purchase.
Listed Above Estimated Value: Despite a recent price reduction, the current list price of $629,000 is still approximately 6% higher than the estimated property value of $589,101, which may deter value-conscious buyers.
Recent Price Reduction: The recent price reduction from $639,000 to $629,000, coupled with its 'fixer' status, suggests potential market resistance or overpricing, indicating a need for further negotiation or significant buyer investment.

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