40166 178th Street E, Palmdale, California 93591, Palmdale, 93591 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$389,999
40166 178th Street E, Palmdale, California 93591
4Beds
2Baths
1,248Sqft
27,007.199Lot
Price Vs. Estimate
The estimated value ($385,678.555) is $4,320.445 (1%) lower than the list price ($389,999). 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 = 27007, living area = 1248.
Top Cons:
Age of Property: Built in 1978, the home is over 45 years old, which may suggest older infrastructure or systems that could require future maintenance or upgrades not explicitly mentioned as updated beyond the kitchen and flooring.
Compared to the nearby listings
Price:$390.0K vs avg $404.0K ($-14,001)35%
Size:1,248 sqft vs avg 1,300 sqft48%
Price/sqft:$312 vs avg $30852%
More Insights
Built in 1978 (47 years old).
Condition: The property was built in 1978, making it 46 years old. While the kitchen has been cosmetically updated with modern wood cabinets, granite countertops, and a backsplash, and the flooring throughout is updated with tile and laminate, the bathroom shown in the images features a dated one-piece fiberglass shower/tub unit. This indicates that not all major areas have received a comprehensive modern renovation. The overall age of the home suggests that other systems (plumbing, electrical, roof) may also be original or older, requiring potential updates in the future. It is move-in ready but shows signs of being aged with some outdated components, aligning with a 'Fair' condition.
Year Built
1978
Close
-
List price
$390K
Original List price
$450K
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
CV24163094
Home ConditionFair
Features
Patio
View-
About this home
Welcome home to this charming Palmdale home featuring 4 bedrooms, 2 bathrooms with 1,248 square feet of living space! This home has a primary bedroom with it's own bathroom, central ac, a fireplace, tile and laminate flooring and more. Kitchen is modernly updated with beautiful backsplash, wood cabinets, and granite countertops. This home has a nice size lot at 26,910 square feet with lots of open land and backyard space. The land gives endless opportunities to multiple ideas as it is very open and spacious. The backyard also has a patio space where you can enjoy outdoor seating and create your own outdoor oasis. Attached 2-car garage, with 2 additional driveway parking spots. Potential for possible RV and truck parking as well. Located near schools, popular dining options and the Stephen Sorensen Park!
Condition Rating
Fair
The property was built in 1978, making it 46 years old. While the kitchen has been cosmetically updated with modern wood cabinets, granite countertops, and a backsplash, and the flooring throughout is updated with tile and laminate, the bathroom shown in the images features a dated one-piece fiberglass shower/tub unit. This indicates that not all major areas have received a comprehensive modern renovation. The overall age of the home suggests that other systems (plumbing, electrical, roof) may also be original or older, requiring potential updates in the future. It is move-in ready but shows signs of being aged with some outdated components, aligning with a 'Fair' condition.
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 = 27007, living area = 1248.
Expansive Lot Size: The property boasts a substantial 26,910 square foot lot, offering significant outdoor space and potential for various uses like gardening, expansion, or recreational activities.
Modernized Kitchen: Features a recently updated kitchen with beautiful backsplash, wood cabinets, and granite countertops, providing a contemporary and functional cooking space.
Generous Parking: Includes an attached 2-car garage, two additional driveway spots, and potential for RV/truck parking, accommodating multiple vehicles and recreational toys.
Comfort Amenities: Equipped with central air conditioning and a cozy fireplace, enhancing year-round comfort and appeal.
Convenient Location: Situated near schools, popular dining options, and Stephen Sorensen Park, offering accessibility to essential services and recreational facilities.
Cons
Age of Property: Built in 1978, the home is over 45 years old, which may suggest older infrastructure or systems that could require future maintenance or upgrades not explicitly mentioned as updated beyond the kitchen and flooring.
Compact Interior Living Space: With 1,248 square feet for 4 bedrooms, the interior living area is relatively modest, which might feel constrained for larger families or those desiring more spacious common areas.
Significant Price Reduction: The property has seen a substantial price reduction from its original list price of $449,999 to $389,999, which could raise questions for potential buyers regarding its initial valuation or underlying issues.