45015 Denmore Avenue, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
ACTIVE$365,000$1,419/sqft
Est. Value: $366,501
%
FairlyEstimate
45015 Denmore Avenue, Lancaster, California 93535
3Beds
2Baths
1,419Sqft
6,004Lot
Price Vs. Estimate
The estimated value ($366,500.97) is $1,500.97 (0%) lower than the list price ($365,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Value Proposition: The property is listed at $365,000, which is significantly below its last recorded sale price of $460,000 in June 2024, offering substantial immediate equity potential for a buyer.
Top Cons:
Subpar School Performance: All nearby public schools (elementary, middle, high) have low ratings (2-3 out of 10), which may be a significant concern for families prioritizing strong academic environments.
Compared to the nearby listings
Price:$365.0K vs avg $440.0K ($-75,000)15%
Size:1,419 sqft vs avg 1,592 sqft33%
Price/sqft:$257 vs avg $26743%
More Insights
Built in 1985 (41 years old).
Condition: Built in 1985, this property is functional and well-maintained for its age, but shows signs of being outdated. The kitchen features updated stainless steel appliances and decent countertops, but the cabinet style is not modern. Bathrooms have dated vanities and light fixtures, indicating a need for minor updates to meet contemporary standards. Flooring is a mix of tile and carpet, which appears clean but not recently replaced. The overall condition suggests regular upkeep but no extensive recent renovations, aligning with the 'Fair' category.
Year Built
1985
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$257
HOA
-
Days on market
-
Sold On
-
MLS number
SR26007397
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Great home featuring an open floor plan, abundant natural light, and a functional layout ideal for modern living. The property offers generous living spaces, a private backyard, and excellent proximity to schools, shopping, and major freeways. The home offers solid fundamentals with great potential for customization. Ideal for buyers looking to secure a property in a desirable area at a compelling value. Perfect for owner-occupants or investors seeking long-term upside.
J
Joshua Salazar
Listing Agent
Nearby schools
2/10
Linda Verde Elementary School
Public,•K-5•0.5mi
3/10
Piute Middle School
Public,•6-8•0.8mi
2/10
Antelope Valley High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
06/20/24
Sold
$460,000
11/22/16
Sold
$153,500
05/03/11
Sold
$100,000
04/06/07
Sold
$285,000
Condition Rating
Fair
Built in 1985, this property is functional and well-maintained for its age, but shows signs of being outdated. The kitchen features updated stainless steel appliances and decent countertops, but the cabinet style is not modern. Bathrooms have dated vanities and light fixtures, indicating a need for minor updates to meet contemporary standards. Flooring is a mix of tile and carpet, which appears clean but not recently replaced. The overall condition suggests regular upkeep but no extensive recent renovations, aligning with the 'Fair' category.
Pros & Cons
Pros
Exceptional Value Proposition: The property is listed at $365,000, which is significantly below its last recorded sale price of $460,000 in June 2024, offering substantial immediate equity potential for a buyer.
Functional & Bright Interior: Features an open floor plan, abundant natural light, and a functional layout, making it ideal for modern living and appealing to a broad range of buyers.
Prime Location & Accessibility: Boasts excellent proximity to schools, shopping centers, and major freeways, enhancing convenience for daily commutes and access to amenities.
Private Outdoor Space: Includes a private backyard and generous living spaces, providing valuable opportunities for relaxation, entertainment, and outdoor activities.
Investment & Customization Potential: Described with 'solid fundamentals' and 'great potential for customization,' making it attractive for both owner-occupants looking to personalize and investors seeking long-term upside.
Cons
Subpar School Performance: All nearby public schools (elementary, middle, high) have low ratings (2-3 out of 10), which may be a significant concern for families prioritizing strong academic environments.
Property Age & Potential for Updates: Built in 1985, the home is nearly 40 years old, suggesting that key systems or aesthetic elements may require updating or renovation to meet contemporary standards and buyer expectations.
Lack of Recent Major Renovations: The description emphasizes 'potential for customization' rather than highlighting recent significant upgrades, implying that a buyer should budget for immediate improvements or deferred maintenance.