38855 Calistoga Street, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath

38855 Calistoga Street, Palmdale, California 93551 home-pic-0
ACTIVE$509,900$2,202/sqft
Est. Value: $350,867
-31%
AboveEstimate
38855 Calistoga Street, Palmdale, California 93551
4Beds
3Baths
2,202Sqft
7,887Lot

Price Vs. Estimate

The estimated value ($350,867.405) is $159,032.595 (31%) lower than the list price ($509,900). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Living Spaces: The property offers a flexible loft area, formal living and dining rooms, and an open-concept eat-in kitchen with an additional living area and fireplace, catering to diverse lifestyle needs.
Top Cons:
Substantial Price History Discrepancy: The current listing price of $509,900 is significantly lower than its last sale price of $625,000 in 2021, potentially indicating market adjustments, undisclosed condition issues, or a need for considerable investment.

Compared to the nearby listings

Price:$509.9K vs avg $615.0K ($-105,100)15%
Size:2,202 sqft vs avg 2,339 sqft44%
Price/sqft:$232 vs avg $27421%

More Insights

Built in 1990 (36 years old).
Condition: The property, built in 1990, is in a state of incomplete renovation, requiring substantial repairs and rehabilitation. The kitchen is largely gutted with missing cabinets and unfinished walls. The primary bathroom is also unfinished, lacking vanities and with exposed drywall, despite some new tiling. Upstairs areas are missing flooring, showing only subfloor. Many walls throughout the house are unpainted and show drywall patching. The empty pool in the backyard further indicates deferred maintenance. This property is not move-in ready and would be uncomfortable to live in its current state, necessitating significant investment to complete the renovations.
Year Built
1990
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$232
HOA
-
Days on market
-
Sold On
-
MLS number
SR25280067
Home ConditionPoor
Features
Deck
Pool
Patio
ViewNeighborhood

About this home

What a great opportunity! This property features four bedrooms, including a primary suite with a walk-in closet and a bathroom equipped with a separate tub and shower. There is a loft area that offers flexible and versatile living space. The main level includes formal living and dining rooms, as well as an eat-in kitchen that opens to an additional living area with a fireplace—ideal for everyday living or entertaining. Outdoor highlights include a wrap-around balcony in the front, a covered patio and deck in the back, and a private in-ground pool. A three-car garage provides ample space for parking and storage. Don't let this opportunity pass you by!!

A
Andrea Castaneda
Listing Agent

Nearby schools

5/10
Cottonwood Elementary School
Public,K-60.4mi
4/10
Anaverde Hills School
Public,K-81.7mi
7/10
Hillview Middle School
Public,6-82.8mi
3/10
Highland High School
Public,9-120.3mi

Price History

Date
Event
Price
09/02/21
Sold
$625,000
Condition Rating
Poor

The property, built in 1990, is in a state of incomplete renovation, requiring substantial repairs and rehabilitation. The kitchen is largely gutted with missing cabinets and unfinished walls. The primary bathroom is also unfinished, lacking vanities and with exposed drywall, despite some new tiling. Upstairs areas are missing flooring, showing only subfloor. Many walls throughout the house are unpainted and show drywall patching. The empty pool in the backyard further indicates deferred maintenance. This property is not move-in ready and would be uncomfortable to live in its current state, necessitating significant investment to complete the renovations.
Pros & Cons

Pros

Versatile Living Spaces: The property offers a flexible loft area, formal living and dining rooms, and an open-concept eat-in kitchen with an additional living area and fireplace, catering to diverse lifestyle needs.
Premium Outdoor Amenities: Includes a private in-ground pool, a wrap-around front balcony, and a covered rear patio/deck, providing extensive options for outdoor recreation and entertaining.
Generous Primary Suite: The primary bedroom boasts a walk-in closet and an en-suite bathroom with both a separate tub and shower, offering a luxurious and functional retreat.
Ample Garage Capacity: A three-car garage provides substantial space for parking, storage, or potential workshop use, a valuable asset for many homeowners.
Convenient School Access: Located within close proximity to highly-rated elementary and high schools, enhancing its appeal for families.

Cons

Substantial Price History Discrepancy: The current listing price of $509,900 is significantly lower than its last sale price of $625,000 in 2021, potentially indicating market adjustments, undisclosed condition issues, or a need for considerable investment.
Potential for Dated Systems/Finishes: Built in 1990, the property is over three decades old. Without explicit mention of recent major renovations, some components or aesthetics may require updating to meet modern standards.
Absence of Mentioned Cooling System: Given Palmdale's hot climate, the lack of explicit mention of an air conditioning system could be a significant concern for buyer comfort and may necessitate a future installation.
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