4000 Shannon Lane, Piru, California 93040, Piru, 93040 - 4 bed, 3 bath

4000 Shannon Lane, Piru, California 93040 home-pic-0

4000 Shannon Lane

Piru, California 93040

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
2,126Sq Ft
0.13Lot Size

Property Price

LIST PRICE$515,000
EST. MARKET VALUE
$515,000

SUMMARY

Analysis of 4000 Shannon Lane, Piru, California 93040 reveals a Fairly Priced Property with a current list price of $515,000  aligned with the estimated $515,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Piru Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$515,000
Based on Realkey algorithm analyzing recent comparable sales in Piru.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4000 Shannon Lane
Subject
$515,000*
List Price
432,126$242-
A
4004 Shannon Lane
Active Under Contract
$515,000
List Price
421,743$2950.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The listing describes a newly built single-family residence (estimated occupancy June 2020). It features upgraded standard features, a modern kitchen with stainless steel appliances and granite counters, wood floors, and A/C. Given the new construction and included features, the property's condition is excellent.

PROSSTRENGTHS & OPPORTUNITIES

  • New Construction Features

    The property boasts upgraded standard features, allowing buyers to customize cabinets and flooring, providing a personalized touch.

  • Modern Kitchen

    The kitchen is equipped with stainless steel appliances, granite counters, wood cabinets, and ample natural lighting, creating a desirable cooking and entertaining space.

  • Spacious Open Floorplan

    The 2126 sqft single-family residence features an open and spacious floorplan with 4 bedrooms and 3 baths, ideal for family living and entertaining.

CONSRISKS & DEFICIENCIES

  • Estimated Occupancy

    The estimated occupancy was for June 2020, which is in the past, potentially indicating delays or issues with the construction timeline.

  • Active Under Contract Status

    The property is currently listed as 'Active Under Contract,' suggesting that a sale is pending, which may deter some potential buyers.

  • Association Fee

    The monthly association fee of $175 adds to the overall cost of ownership.

About 4000 Shannon Lane

Estimated occupancy for June 2020. Single family residence features 4 bedrooms and 3 baths of an open and spacious floorplan, 2126 square feet. Lots of upgraded standard features! Reserve now and choose your cabinets/flooring. Step into this large open concept living area which is perfect for connecting with the family or entertaining friends. You are greeted by a large great room with wood floors. A modern kitchen with stainless steel appliances, granite counters, wood cabinets, and lots of natural lighting. The laundry room has lots of storage with overhead cabinets and fits a standard washer and dryer. An attached 2 car garage also has the tankless water heater and lots of room for added storage. A/C and Attic fan are standard in this home. Located within the newly planned community of Piru Gateway, this home sits amongst residential residences consisting of 55 single family homes and 8 townhouses. Easy access to jobs and freeways. This home is conveniently located on highway 126 and only 15 minutes to the Santa Clarita Valley. Over 30 million square feet of business and industrial parks are found in Valencia and Santa Clarita Valley. Piru Gateway boasts amazing views of the mountains from every angle.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
0.13 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$175.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.5
50%
Baths3.03.0
50%
Square foot2,1261,934
83%
Lot Size0.134,365.5
17%
Price$515.0K$649.5K
33%
Price per sq ft$242$342
17%
Built year-2009
17%
HOA$175.0$175
50%
Days on market2250273
0%

Pricing History

Listed for Sale

Jan 8, 2020

$515,000

Initial Listing

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