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38651 28th Street E, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath

38651 28th Street E, Palmdale, California 93550 home-pic-0
ACTIVE$390,000$1,564/sqft
Est. Value: $419,039
7%
BelowEstimate
38651 28th Street E, Palmdale, California 93550
4Beds
2Baths
1,564Sqft
6,606Lot

Price Vs. Estimate

The estimated value ($419,039) is $29,039 (7%) higher than the list price ($390,000). This property may be underpriced.

Key pros and cons

Top Pros:
Energy Efficiency: The property benefits from installed solar panels, which significantly help reduce energy costs, offering long-term savings for the homeowner.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from $450,000 to $390,000, which may indicate initial overpricing or challenges in attracting buyers at the original price point.

Compared to the nearby listings

Price:$390.0K vs avg $455.0K ($-65,000)18%
Size:1,564 sqft vs avg 1,503 sqft58%
Price/sqft:$249 vs avg $30318%

More Insights

Built in 1987 (39 years old).
Condition: Built in 1987, this property is aged but appears maintained. While it benefits from solar panels and some updated stainless steel appliances in the kitchen, the overall interior, especially the kitchen and bathrooms, features significantly dated styles including painted cabinets, older countertops, basic tile flooring, and outdated light fixtures. It is functional but requires cosmetic updates to meet current quality and aesthetic standards.
Year Built
1987
Close
-
List price
$390K
Original List price
$450K
Price/Sqft
$249
HOA
-
Days on market
-
Sold On
-
MLS number
SR26003254
Home ConditionFair
Features
Spa
Patio
ViewNeighborhood

About this home

Welcome to 38651 28th Street East, Palmdale, CA 93550, a charming and well-maintained single-story home offering comfort, functionality, and great outdoor space. This 4-bedroom, 2-bath residence spans 1,564 sq ft and is thoughtfully designed for everyday living. The home features a spacious layout with ample natural light, making it ideal for families, first-time buyers, or those looking to downsize without sacrificing space. Enjoy the convenience of an attached 2-car garage and the added benefit of solar panels, helping reduce energy costs. Outside a private front and backyard, perfect for entertaining, gardening, or creating your own outdoor retreat. Located in a well-established Palmdale neighborhood with easy access to schools, shopping, dining, and major commuter routes, this property offers both comfort and convenience.

M
Manny Morales
Listing Agent

Price History

Date
Event
Price
05/03/24
Sold
$485,000
05/13/20
Sold
$299,000
04/23/10
Sold
$130,000
Condition Rating
Fair
Built in 1987, this property is aged but appears maintained. While it benefits from solar panels and some updated stainless steel appliances in the kitchen, the overall interior, especially the kitchen and bathrooms, features significantly dated styles including painted cabinets, older countertops, basic tile flooring, and outdated light fixtures. It is functional but requires cosmetic updates to meet current quality and aesthetic standards.
Pros & Cons

Pros

Energy Efficiency: The property benefits from installed solar panels, which significantly help reduce energy costs, offering long-term savings for the homeowner.
Prime Location & Accessibility: Situated in a well-established Palmdale neighborhood, the home offers easy access to schools, shopping, dining, and major commuter routes, enhancing convenience for residents.
Functional Layout & Broad Appeal: This 4-bedroom, 2-bath single-story residence features a spacious layout with ample natural light, making it ideal for families, first-time buyers, or those looking to downsize.
Private Outdoor Space: The property includes a private front and backyard, providing excellent opportunities for entertaining, gardening, or creating a personal outdoor retreat.
Well-Maintained Condition: Described as a 'charming and well-maintained' home, it suggests the property has been cared for, potentially reducing immediate maintenance concerns for a new owner.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from $450,000 to $390,000, which may indicate initial overpricing or challenges in attracting buyers at the original price point.
Property Age & Potential Updates: Built in 1987, while well-maintained, the home's age suggests that some systems (e.g., HVAC, plumbing, electrical) or interior finishes may be original or dated, potentially requiring future updates or renovations.
Standard View & Features: The property offers a 'Neighborhood' view, which is standard, and the description does not highlight any premium architectural features, luxury finishes, or unique amenities that would distinguish it from other homes in the market.
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