450 Lilac Lane, Rio Linda, CA 95673, Rio Linda, 95673 - 2 bed, 2 bath
ACTIVE$339,000$1,120/sqft
Est. Value: $302,740
-10%
AboveEstimate
450 Lilac Lane, Rio Linda, CA 95673
2Beds
2Baths
1,120Sqft
9,749Lot
Price Vs. Estimate
The estimated value ($302,739.765) is $36,260.235 (10%) lower than the list price ($339,000). 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 = 9749, living area = 1120.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Compared to the nearby listings
Price:$339.0K vs avg $420.0K ($-81,000)15%
Size:1,120 sqft vs avg 1,188 sqft33%
Price/sqft:$303 vs avg $35333%
More Insights
Built in 1958 (68 years old).
Condition: Built in 1958, this property requires substantial repairs and rehabilitation. The kitchen features dated cabinets and a severely worn floor that needs immediate replacement, despite having some newer stainless steel appliances. The bathroom is incomplete, missing a vanity, which is a significant defect. While some areas have updated flooring, the overall condition, particularly in key areas like the kitchen and bathroom, indicates a need for considerable investment to make it fully functional and comfortable.
Year Built
1958
Close
-
List price
$339K
Original List price
-
Price/Sqft
$303
HOA
$0
Days on market
-
Sold On
-
MLS number
226004115
Home ConditionPoor
Features
Patio
View-
About this home
Charming 2-bedroom, 2-bath home featuring a 2-car garage and an additional bonus room ideal for an office, den, or guest space. Enjoy a large backyard with a patio, perfect for outdoor entertaining or relaxing. Located on a private street, offering added privacy and a quiet setting.
S
Serina Lowden
Listing Agent
Price History
Date
Event
Price
12/11/19
Sold
$279,000
12/31/08
Sold
$100,000
11/09/05
Sold
$308,000
Condition Rating
Poor
Built in 1958, this property requires substantial repairs and rehabilitation. The kitchen features dated cabinets and a severely worn floor that needs immediate replacement, despite having some newer stainless steel appliances. The bathroom is incomplete, missing a vanity, which is a significant defect. While some areas have updated flooring, the overall condition, particularly in key areas like the kitchen and bathroom, indicates a need for considerable investment to make it fully functional and comfortable.
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 = 9749, living area = 1120.
Versatile Bonus Room: The property includes an additional bonus room, offering flexible space ideal for an office, den, or guest accommodations, enhancing its functional appeal.
Spacious Outdoor Living: A large backyard with a dedicated patio provides excellent opportunities for outdoor entertaining, relaxation, and gardening.
Enhanced Privacy: Located on a private street, the home benefits from added seclusion and a quiet environment, contributing to a peaceful living experience.
No Homeowners Association (HOA) Fees: The absence of HOA fees eliminates recurring monthly costs, making the property more financially attractive to potential buyers.
Practical Two-Car Garage: The inclusion of a two-car garage offers convenient parking, ample storage, or potential for a workshop area.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Age of Construction: Built in 1958, the property may feature older systems (e.g., electrical, plumbing, HVAC) that could require future maintenance or upgrades.
Modest Interior Space: With 1120 square feet, the interior living area might be considered compact for buyers seeking more expansive rooms or accommodating a larger family.
Potential for Dated Finishes: As an older home, the interior finishes and fixtures may be dated, potentially requiring cosmetic renovations to align with modern aesthetic preferences.