38249 Gunton, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath

38249 Gunton, Palmdale, California 93550 home-pic-0
ACTIVE$400,000$1,040/sqft
Est. Value: $416,489
4%
BelowEstimate
38249 Gunton, Palmdale, California 93550
3Beds
2Baths
1,040Sqft
7,602Lot

Price Vs. Estimate

The estimated value ($416,488.575) is $16,488.575 (4%) higher than the list price ($400,000). This property may be underpriced.

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 = 7602, living area = 1040.
Top Cons:
Age of Property: Built in 1957, the home is older, which may imply a need for updates to systems, finishes, or general maintenance to meet modern standards.

Compared to the nearby listings

Price:$400.0K vs avg $455.0K ($-55,000)23%
Size:1,040 sqft vs avg 1,485 sqft13%
Price/sqft:$385 vs avg $30385%

More Insights

Built in 1957 (69 years old).
Condition: Despite being built in 1957, this property has undergone significant recent renovations, making it move-in ready. The interior features new laminate wood-look flooring throughout, fresh paint, and updated light fixtures. The kitchen boasts new white shaker-style cabinets, granite-look laminate countertops, and modern stainless steel and black appliances. Bathrooms have updated vanities and fixtures, though the tile style is somewhat dated. The main system drawback is the presence of wall-mounted AC units and a wall heater instead of central HVAC. Overall, the property is well-maintained with minimal wear and tear, aligning with the 'Good' condition criteria for a recently renovated home.
Year Built
1957
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$385
HOA
-
Days on market
-
Sold On
-
MLS number
SR26009540
Home ConditionGood
Features
Good View: None
Patio
View-

About this home

Welcome to this charming starter home located just 5 minutes from the freeway off Palmdale Blvd—perfect for commuters! This 3-bedroom, 2-bath home offers great curb appeal with a wrought-iron gate. This home has tons of potential to make it your own. Enjoy a spacious backyard ideal for entertaining, family gatherings, and weekend BBQs. The home also features a 2-car garage with washer and dryer conveniently located inside. With a large front yard, great layout, and plenty of outdoor space, this home is perfect for first-time buyers or investors looking to become landlords. Don’t miss this wonderful opportunity to own a home with endless possibilities in a convenient location!

M
Mayra Mathiowetz
Listing Agent

Price History

Date
Event
Price
12/29/20
Sold
$315,000
02/19/20
Sold
$240,000
11/23/10
Sold
$82,000
Condition Rating
Good

Despite being built in 1957, this property has undergone significant recent renovations, making it move-in ready. The interior features new laminate wood-look flooring throughout, fresh paint, and updated light fixtures. The kitchen boasts new white shaker-style cabinets, granite-look laminate countertops, and modern stainless steel and black appliances. Bathrooms have updated vanities and fixtures, though the tile style is somewhat dated. The main system drawback is the presence of wall-mounted AC units and a wall heater instead of central HVAC. Overall, the property is well-maintained with minimal wear and tear, aligning with the 'Good' condition criteria for a recently renovated home.
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 = 7602, living area = 1040.
Commuter-Friendly Location: The property boasts an excellent location, just 5 minutes from the freeway off Palmdale Blvd, making it highly convenient for commuters.
Generous Outdoor Space: Features a spacious backyard ideal for entertaining, family gatherings, and weekend BBQs, complemented by a large front yard, offering ample outdoor living.
Broad Market Appeal: Positioned as a charming starter home, it appeals strongly to both first-time buyers and investors seeking rental opportunities.
Potential for Customization and Value Add: Described as having 'tons of potential to make it your own' and 'endless possibilities,' allowing buyers to personalize and increase its value over time.
Practical Amenities: Includes a convenient 2-car garage with a washer and dryer located inside, adding practical value for homeowners.

Cons

Age of Property: Built in 1957, the home is older, which may imply a need for updates to systems, finishes, or general maintenance to meet modern standards.
Smaller Interior Square Footage: With 1040 sqft for a 3-bedroom home, the interior living space is relatively compact, which might be a consideration for larger families or those desiring more room.
Requires Modernization Investment: While offering 'potential,' the description suggests the property may require significant investment in renovations or updates to fully modernize and maximize its appeal.
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