40427 Vereda Drive, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 3 bath
ACTIVE$490,000
40427 Vereda Drive, Palmdale, California 93550
3Beds
3Baths
1,687Sqft
3,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Homebuyer Grant Eligibility: The property qualifies for a significant $20,000 Homebuyer Grant, offering a substantial financial incentive to prospective buyers.
Top Cons:
History of Price Reductions: Multiple price adjustments since its original listing suggest potential challenges in market valuation or buyer interest.
Compared to the nearby listings
Price:$490.0K vs avg $465.0K (+$25,000)59%
Size:1,687 sqft vs avg 1,510.5 sqft64%
Price/sqft:$290 vs avg $30643%
More Insights
Built in 2001 (24 years old).
Condition: Built in 2001, this property is 23 years old, but the listing explicitly states it has been 'recently updated and remodeled' and is 'turnkey.' The images confirm this, showcasing a modern kitchen with white shaker cabinets, white countertops, and stainless steel appliances (refrigerator, gas range, dishwasher). The bathrooms feature updated vanities and fixtures. Dark wood-look laminate flooring is consistent throughout the main living areas and bedrooms, with neutral carpeting on the stairs. Light fixtures are modern, including recessed lighting and a contemporary pendant in the dining area. While the AC unit appears older, the overall interior condition, especially the kitchen and bathrooms, reflects a significant renovation within the last 5-15 years, making it move-in ready with no immediate renovation required, aligning well with a 'Good' condition score.
Year Built
2001
Close
-
List price
$490K
Original List price
$503K
Price/Sqft
$290
HOA
$50
Days on market
-
Sold On
-
MLS number
RS25228423
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods
About this home
This beautifully maintained 3-bedroom, 3-bathroom Westside home in Palmdale offers 1,687 sq ft of comfortable living space and has been cared for by the original owner since it was first built. Recently updated and remodeled, this turnkey home is ready for you to move right in while still offering room for your personal touch. Key features include: Central air and heating. Attached 2-car garage. Spacious backyard with potential for a pool or outdoor oasis. Community park nearby. Great schools. Five minutes from restaurants and the Antelope Valley Mall. Bonus: This property qualifies for a $20,000 Homebuyer Grant! A perfect blend of comfort, convenience, and opportunity—schedule your showing today.
Condition Rating
Good
Built in 2001, this property is 23 years old, but the listing explicitly states it has been 'recently updated and remodeled' and is 'turnkey.' The images confirm this, showcasing a modern kitchen with white shaker cabinets, white countertops, and stainless steel appliances (refrigerator, gas range, dishwasher). The bathrooms feature updated vanities and fixtures. Dark wood-look laminate flooring is consistent throughout the main living areas and bedrooms, with neutral carpeting on the stairs. Light fixtures are modern, including recessed lighting and a contemporary pendant in the dining area. While the AC unit appears older, the overall interior condition, especially the kitchen and bathrooms, reflects a significant renovation within the last 5-15 years, making it move-in ready with no immediate renovation required, aligning well with a 'Good' condition score.
Pros & Cons
Pros
Homebuyer Grant Eligibility: The property qualifies for a significant $20,000 Homebuyer Grant, offering a substantial financial incentive to prospective buyers.
Turnkey & Updated Condition: Recently updated and remodeled, this home is beautifully maintained by its original owner and is ready for immediate move-in, minimizing initial buyer expenses.
Modern Amenities: Equipped with central air and heating, and an attached 2-car garage, providing essential comfort and convenience.
Prime Location & Community Features: Benefits from proximity to great schools, a community park, and is just five minutes from major retail and dining options like the Antelope Valley Mall.
Backyard Customization Potential: Features a spacious backyard offering ample room for personalization, including the potential for a pool or outdoor living space.
Cons
History of Price Reductions: Multiple price adjustments since its original listing suggest potential challenges in market valuation or buyer interest.
Modest Lot Size: The 3,500 sq ft lot, while offering backyard potential, is on the smaller side for a single-family residence, which might not appeal to all buyers seeking larger outdoor spaces.
Monthly Association Fee: A recurring $50 association fee adds to the monthly ownership costs, which some buyers may prefer to avoid.