3939 Byron, Corona, California 92879, Corona, 92879 - 2 bed, 2 bath
ACTIVE$565,000$1,054/sqft
Est. Value: $570,701
1%
FairlyEstimate
3939 Byron, Corona, California 92879
2Beds
2Baths
1,054Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($570,701.385) is $5,701.385 (1%) lower than the list price ($565,000). 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 = 9583, living area = 1054.
Top Cons:
Age of Construction: Built in 1937, the property is older, which may necessitate updates to systems (e.g., plumbing, electrical) and finishes to meet modern standards and buyer expectations.
Compared to the nearby listings
Price:$565.0K vs avg $730.0K ($-165,000)8%
Size:1,054 sqft vs avg 1,737.5 sqft5%
Price/sqft:$536 vs avg $40986%
More Insights
Built in 1937 (89 years old).
Condition: Built in 1937, the property shows signs of age, and the listing description suggests it's an 'opportunity for first time buyers looking to personalize their home' with 'Value-Add Potential,' indicating further updates are likely needed beyond the visible areas. While the kitchen and bathroom have been cosmetically updated with modern cabinets, countertops, and fixtures (likely within the last 5-15 years), the overall age of the structure and potential for outdated major systems (plumbing, electrical, HVAC) as highlighted in the property analysis, prevent it from being rated 'Good'. The exterior also appears to need landscaping and general tidying. It's aged but has received some updates, making it functional but requiring minor updates or repairs to reach a higher standard.
Year Built
1937
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$536
HOA
-
Days on market
-
Sold On
-
MLS number
PW26007652
Home ConditionFair
Features
View-
About this home
Beautiful property in the city of Corona. This property offers a fantastic opportunity for first time buyers looking to personalize their home. Conveniently located near major freeways 15 & 91. Close to shopping centers and schools.
M
Maribel Ruiz Marin
Listing Agent
Price History
Date
Event
Price
01/16/19
Sold
$350,000
06/08/18
Sold
$210,000
06/07/18
Sold
$205,000
Condition Rating
Fair
Built in 1937, the property shows signs of age, and the listing description suggests it's an 'opportunity for first time buyers looking to personalize their home' with 'Value-Add Potential,' indicating further updates are likely needed beyond the visible areas. While the kitchen and bathroom have been cosmetically updated with modern cabinets, countertops, and fixtures (likely within the last 5-15 years), the overall age of the structure and potential for outdated major systems (plumbing, electrical, HVAC) as highlighted in the property analysis, prevent it from being rated 'Good'. The exterior also appears to need landscaping and general tidying. It's aged but has received some updates, making it functional but requiring minor updates or repairs to reach a higher standard.
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 = 9583, living area = 1054.
Prime Location & Accessibility: Strategically located near major freeways (15 & 91), shopping centers, and schools, offering exceptional convenience for daily commutes and access to amenities.
Value-Add Potential: Presents a fantastic opportunity for first-time buyers to personalize and update, allowing for potential equity growth and customization to individual tastes.
Generous Lot Size: A substantial 9,583 sqft lot provides ample outdoor space for landscaping, potential expansion, or creating a private recreational area.
Strong Market Performance: The property has demonstrated significant appreciation since its last sale in 2019, indicating a robust local market or inherent value.
Desirable Property Type: As a single-family residence, it offers privacy and is a highly sought-after property type for long-term investment and family living.
Cons
Age of Construction: Built in 1937, the property is older, which may necessitate updates to systems (e.g., plumbing, electrical) and finishes to meet modern standards and buyer expectations.
Limited Interior Space: With 1,054 sqft, the interior living space is relatively modest for a single-family home, potentially limiting appeal for larger families or those desiring more expansive living areas.
Lack of Premium Views: The property explicitly states 'view: None,' indicating it does not offer scenic or desirable views that could otherwise enhance its market value or aesthetic appeal.