44043 Hoban Avenue, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath

44043 Hoban Avenue, Lancaster, California 93534 home-pic-0
ACTIVE$399,999$1,448/sqft
Est. Value: $399,999
%
FairlyEstimate
44043 Hoban Avenue, Lancaster, California 93534
4Beds
2Baths
1,448Sqft
6,125Lot

Price Vs. Estimate

The estimated value ($399,999) is $0 (0%) lower than the list price ($399,999). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Buyer Incentives: The property qualifies for the 'Community Advantage Program,' offering significant financial benefits including $1500 towards down payment, no PMI with 3% down, a competitive 5.875% interest rate, no income limits, and a swift 25-day escrow.
Top Cons:
Age of Property: Built in 1953, the property is over 70 years old. While some upgrades are noted, older homes can often come with unforeseen maintenance issues or require more extensive updates beyond what's mentioned.

Compared to the nearby listings

Price:$400.0K vs avg $422.0K ($-22,001)32%
Size:1,448 sqft vs avg 1,429 sqft53%
Price/sqft:$276 vs avg $30236%

More Insights

Built in 1953 (73 years old).
Condition: Built in 1953, this property shows its age despite some recent updates. While the description mentions 'new HVAC,' 'upgraded flooring,' and 'fresh paint,' the images reveal a kitchen with outdated cabinets, laminate countertops, and basic appliances (excluding the newer refrigerator). The bathrooms also feature very basic, older-style fixtures and vanities. The presence of wall heaters and window AC units in the images, despite 'new HVAC' being listed, suggests a less modern or comprehensive climate control system. The property is functional and appears maintained, but the kitchen and bathrooms require significant cosmetic updates to align with current styles and features.
Year Built
1953
Close
-
List price
$400K
Original List price
$440K
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
SR25228209
Home ConditionFair
Features
Patio
View-

About this home

This Property Qualifies For The COMMUNITY ADVANTAGE PROGRAM!!! Giving $1500 Towards Buyers Down Payment , No PMI even with 3% down, 5.875% Rate, No income limit restrictions and 25 Day Escrow! Between the $1500 credit, No PMI and lower rate, this program provides substantial savings! Welcome to our charming single-story home nestled in a quiet Lancaster neighborhood. This well-maintained property offers a spacious and functional layout, perfect for comfortable living and entertaining. Step inside to find a bright and inviting living area with plenty of natural light. The kitchen features ample cabinetry, generous counter space, and direct access to the dining area—making family meals and gatherings a breeze. The bedrooms are generously sized, providing a cozy retreat for every member of the household. Enjoy the expansive backyard with endless possibilities—create your dream garden, add a play area, or design the ultimate outdoor entertaining space. A covered patio makes it easy to relax and enjoy California evenings. Additional highlights include attached garage, upgraded flooring, fresh paint, new HVAC, etc. Conveniently located near schools, shopping, dining, and commuter-friendly freeways, this home is the perfect blend of comfort and accessibility. Don’t miss your chance to make this Lancaster gem your own—schedule a showing today! This home is available with Owner Financing and Lease to Own Option Terms.

S
Sean Poliseno
Listing Agent

Nearby schools

3/10
Sierra Elementary School
Public,K-50.4mi
4/10
Endeavour Middle School
Public,6-83.6mi
2/10
Antelope Valley High School
Public,9-121.4mi
Condition Rating
Fair

Built in 1953, this property shows its age despite some recent updates. While the description mentions 'new HVAC,' 'upgraded flooring,' and 'fresh paint,' the images reveal a kitchen with outdated cabinets, laminate countertops, and basic appliances (excluding the newer refrigerator). The bathrooms also feature very basic, older-style fixtures and vanities. The presence of wall heaters and window AC units in the images, despite 'new HVAC' being listed, suggests a less modern or comprehensive climate control system. The property is functional and appears maintained, but the kitchen and bathrooms require significant cosmetic updates to align with current styles and features.
Pros & Cons

Pros

Exceptional Buyer Incentives: The property qualifies for the 'Community Advantage Program,' offering significant financial benefits including $1500 towards down payment, no PMI with 3% down, a competitive 5.875% interest rate, no income limits, and a swift 25-day escrow.
Flexible Financing Options: The availability of Owner Financing and Lease-to-Own options significantly broadens the potential buyer pool, making homeownership more accessible.
Recent Key Upgrades: The home features recent updates such as new HVAC, upgraded flooring, and fresh paint, indicating a well-maintained property that reduces immediate expenses for the buyer.
Desirable Outdoor Space: An expansive backyard with endless possibilities and a covered patio provides excellent potential for outdoor living, gardening, and entertaining in the California climate.
Convenient Location: The property is conveniently located near schools, shopping, dining, and commuter-friendly freeways, enhancing daily convenience and overall appeal for residents.

Cons

Age of Property: Built in 1953, the property is over 70 years old. While some upgrades are noted, older homes can often come with unforeseen maintenance issues or require more extensive updates beyond what's mentioned.
Lower-Rated Schools: Despite proximity, the local high school (rating 2) and elementary school (rating 3) have relatively low ratings, which could be a deterrent for families prioritizing top-tier educational institutions.
Multiple Price Reductions: The property has undergone several price reductions from its original list price of $439,999 to $399,999, which might suggest challenges in attracting buyers at previous price points or indicate a potentially soft market perception.
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