39044 162nd E, Palmdale, California 93591, Palmdale, 93591 - 3 bed, 2 bath

39044 162nd E, Palmdale, California 93591 home-pic-0
ACTIVE$429,000$1,402/sqft
Est. Value: $381,542
-11%
AboveEstimate
39044 162nd E, Palmdale, California 93591
3Beds
2Baths
1,402Sqft
29,404Lot

Price Vs. Estimate

The estimated value ($381,542.105) is $47,457.895 (11%) lower than the list price ($429,000). This property may be overpriced.

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 = 29404, living area = 1402.
Top Cons:
Limited Interior Space: With 1402 sqft, the interior living area is relatively modest, especially given the large lot, which might feel constrained for some buyers desiring more expansive indoor living.

Compared to the nearby listings

Price:$429.0K vs avg $405.0K (+$24,000)78%
Size:1,402 sqft vs avg 1,302 sqft57%
Price/sqft:$306 vs avg $30052%

More Insights

Built in 1986 (40 years old).
Condition: Built in 1986, this property is 38 years old. The listing explicitly notes 'Age-Related Updates' as a weakness and states that no recent renovations are specified. Without interior images, it's highly probable that the kitchen, bathrooms, and other interior features are original or have only received updates 15-30 years ago, making them outdated in style and functionality. The exterior image shows a well-maintained but older home. The property is functional but requires minor to moderate updates to meet modern standards, aligning with the 'Fair' condition criteria.
Year Built
1986
Close
-
List price
$429K
Original List price
$429K
Price/Sqft
$306
HOA
-
Days on market
-
Sold On
-
MLS number
SR26002127
Home ConditionFair
Features
View-

About this home

This 3 bedroom, 2 bathroom, gated home, which is situated on a large lot, over 29,000 sqft, is perfect for any family.

J
Jorge Moran
Listing Agent

Price History

Date
Event
Price
02/20/01
Sold
$62,000
08/11/22
Sold
$415,000
11/17/16
Sold
$85,000
09/30/15
Sold
$122,000
07/14/06
Sold
$285,000
11/10/03
Sold
$140,000
05/27/03
Sold
$119,000
Condition Rating
Fair

Built in 1986, this property is 38 years old. The listing explicitly notes 'Age-Related Updates' as a weakness and states that no recent renovations are specified. Without interior images, it's highly probable that the kitchen, bathrooms, and other interior features are original or have only received updates 15-30 years ago, making them outdated in style and functionality. The exterior image shows a well-maintained but older home. The property is functional but requires minor to moderate updates to meet modern standards, aligning with the 'Fair' condition criteria.
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 = 29404, living area = 1402.
Expansive Lot Size: The property boasts a substantial lot size of over 29,000 sqft, offering ample outdoor space, privacy, and potential for landscaping or future expansion.
Gated Security: Being a gated home provides enhanced security, privacy, and a sense of exclusivity, which is a significant draw for families.
Family-Friendly Layout: The 3-bedroom, 2-bathroom configuration is a highly sought-after layout, ideal for families seeking functional and comfortable living space.
Single-Family Residence: As a single-family residence, the property offers greater autonomy, privacy, and typically stronger long-term appreciation potential compared to other housing types.
Market Accessibility: Located in Palmdale, this property presents a more accessible and affordable entry point into the competitive Southern California real estate market.

Cons

Limited Interior Space: With 1402 sqft, the interior living area is relatively modest, especially given the large lot, which might feel constrained for some buyers desiring more expansive indoor living.
Absence of Views: The property explicitly lacks any notable views, which could be a disadvantage for buyers who prioritize scenic surroundings or premium vistas.
Age-Related Updates: Built in 1986, the home may require significant updates to its original systems or cosmetic features to align with modern standards and buyer expectations, as no recent renovations are specified.
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