38029 Lido Drive, Palmdale, California 93552, Palmdale, 93552 - 3 bed, 2 bath
ACTIVE$529,000
38029 Lido Drive, Palmdale, California 93552
3Beds
2Baths
1,700Sqft
6,995Lot
Price Vs. Estimate
The estimated value ($466,417.645) is $62,582.355 (11%) lower than the list price ($529,000). This property may be overpriced.
Key pros and cons
Top Pros:
Single Story Layout: The property is a desirable single-story home, offering ease of access and a popular floor plan for various demographics.
Top Cons:
Non-Permitted Garage Conversion: The garage has been converted into a bedroom and full bath without permits, which can lead to legal issues, insurance complications, and potential difficulties with financing or resale.
Compared to the nearby listings
Price:$529.0K vs avg $498.5K (+$30,500.5)68%
Size:1,700 sqft vs avg 1,799.5 sqft43%
Price/sqft:$311 vs avg $27971%
More Insights
Built in 1989 (36 years old).
Condition: The property was built in 1989, making it 35 years old. While appearing clean and functional, the kitchen and bathrooms are significantly dated with original or older tiled countertops, basic light wood cabinetry, and older fixtures. The main living areas feature dated tile flooring, though a converted garage area has newer laminate. The property requires minor updates to meet current aesthetic standards, particularly in the kitchen and bathrooms. The non-permitted garage conversion is also a factor that suggests potential future work or considerations.
Year Built
1989
Close
-
List price
$529K
Original List price
$529K
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
SR25129975
Home ConditionFair
Features
View-
About this home
Standard sale. Come see this beautiful single story home in Palmdale. Property features 3 bedrooms, 2 full baths. Kitchen has plenty of cabinets and there a good size. Laundry is located inside the property. The garage is converted into one bedroom and one full bath non permitted.
Condition Rating
Fair
The property was built in 1989, making it 35 years old. While appearing clean and functional, the kitchen and bathrooms are significantly dated with original or older tiled countertops, basic light wood cabinetry, and older fixtures. The main living areas feature dated tile flooring, though a converted garage area has newer laminate. The property requires minor updates to meet current aesthetic standards, particularly in the kitchen and bathrooms. The non-permitted garage conversion is also a factor that suggests potential future work or considerations.
Pros & Cons
Pros
Single Story Layout: The property is a desirable single-story home, offering ease of access and a popular floor plan for various demographics.
Standard Sale: Being a standard sale, the transaction process is typically smoother and less complicated compared to foreclosures or short sales.
Functional Kitchen: The kitchen is described as 'good size' with 'plenty of cabinets,' suggesting ample storage and a practical cooking space.
In-Unit Laundry: The convenience of laundry located inside the property is a significant advantage for homeowners.
Versatile Layout: With 3 bedrooms and 2 full baths, the home offers a practical and common configuration suitable for families or individuals.
Cons
Non-Permitted Garage Conversion: The garage has been converted into a bedroom and full bath without permits, which can lead to legal issues, insurance complications, and potential difficulties with financing or resale.
Property Age: Built in 1989, the property is over 30 years old, suggesting that major systems (HVAC, roof, plumbing, electrical) may be original and nearing the end of their useful life, potentially requiring significant future investment.
Lack of Views: The property explicitly states 'view:None', indicating it does not offer scenic or desirable views that could enhance its market value or appeal.