4023 Lexington Court, Palmdale, California 93552, Palmdale, 93552 - 4 bed, 3 bath
ACTIVE$549,900
4023 Lexington Court, Palmdale, California 93552
4Beds
3Baths
2,059Sqft
8,585Lot
Price Vs. Estimate
The estimated value ($527,215.515) is $22,684.485 (4%) lower than the list price ($549,900). 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 = 8585, living area = 2059.
Top Cons:
Age of Major Systems: Built in 1990, the property is 34 years old, and while cosmetic updates are mentioned, there is no information regarding the condition or age of major systems like the roof, HVAC, or plumbing, which may require future investment.
Compared to the nearby listings
Price:$549.9K vs avg $498.5K (+$51,400.5)75%
Size:2,059 sqft vs avg 1,806.5 sqft75%
Price/sqft:$267 vs avg $27941%
More Insights
Built in 1990 (35 years old).
Condition: The property was built in 1990, making it 34 years old. While it benefits from recent cosmetic updates such as new laminate flooring, fresh paint, and new artificial grass, the kitchen and bathrooms show signs of being outdated. The kitchen features original-style wood cabinets and older countertops, despite having updated stainless steel appliances. Bathrooms also have dated vanities, countertops, and light fixtures. Major systems like HVAC and roof are likely original or older, and their condition is not specified. The home is functional and appears well-maintained, but the dated core elements in the kitchen and bathrooms prevent it from being classified as 'Good' and indicate it requires minor updates to meet current aesthetic standards.
Year Built
1990
Close
-
List price
$550K
Original List price
$579K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
SR25170630
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood, Pool
About this home
Great opportunity Pool home in Palmdale, California! This home features 4 bedrooms, 3 bathrooms, with 1 bedroom being down along with a full bathroom. 3 car garage, pool, new laminate and new artificial grass all situated at the end of a cul-de-sac. No HOA or Melloroos! Hurry this opportunity won't last. Schedule a private showing today!
Condition Rating
Fair
The property was built in 1990, making it 34 years old. While it benefits from recent cosmetic updates such as new laminate flooring, fresh paint, and new artificial grass, the kitchen and bathrooms show signs of being outdated. The kitchen features original-style wood cabinets and older countertops, despite having updated stainless steel appliances. Bathrooms also have dated vanities, countertops, and light fixtures. Major systems like HVAC and roof are likely original or older, and their condition is not specified. The home is functional and appears well-maintained, but the dated core elements in the kitchen and bathrooms prevent it from being classified as 'Good' and indicate it requires minor updates to meet current aesthetic standards.
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 = 8585, living area = 2059.
Private Pool & Outdoor Living: The property features a private pool, a highly desirable amenity, especially in the California climate, enhancing lifestyle and entertainment opportunities.
Favorable Financials: The absence of HOA fees and Mello-Roos taxes significantly reduces ongoing ownership costs, making the property more attractive to budget-conscious buyers.
Flexible Floor Plan: A downstairs bedroom with a full bathroom offers excellent flexibility for multi-generational living, guest accommodations, or a dedicated home office.
Recent Cosmetic Upgrades: The inclusion of new laminate flooring and new artificial grass provides a fresh, modern aesthetic and reduces maintenance efforts for the new homeowner.
Desirable Lot Location: Situated at the end of a cul-de-sac, the home benefits from reduced traffic, increased privacy, and often a safer environment for families.
Cons
Age of Major Systems: Built in 1990, the property is 34 years old, and while cosmetic updates are mentioned, there is no information regarding the condition or age of major systems like the roof, HVAC, or plumbing, which may require future investment.
Limited Interior Modernization Details: Beyond new laminate flooring, the description does not specify updates to other key interior areas such as the kitchen (appliances, countertops) or bathrooms, which might be dated for a 1990-built home.
Listing Price vs. Estimated Value: The current listing price of $549,900 is slightly above the property's estimated value of $544,484.615, which could impact buyer perception of value or negotiation leverage.