45111 Palm Lane, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
ACTIVE$519,000$2,815/sqft
Est. Value: $566,372
9%
BelowEstimate
45111 Palm Lane, Lancaster, California 93535
4Beds
3Baths
2,815Sqft
6,917Lot
Price Vs. Estimate
The estimated value ($566,372.15) is $47,372.15 (9%) higher than the list price ($519,000). This property may be underpriced.
Key pros and cons
Top Pros:
Modern Construction: Built in 2005, this property benefits from relatively modern construction standards, potentially offering better energy efficiency and fewer immediate maintenance concerns compared to older homes.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6917, other record lot size in square feet = 6863.
Compared to the nearby listings
Price:$519.0K vs avg $440.0K (+$79,000)91%
Size:2,815 sqft vs avg 1,604 sqft97%
Price/sqft:$184 vs avg $2676%
More Insights
Built in 2005 (21 years old).
Condition: Built in 2005, this property falls within the 'Good' condition criteria for age (10-20 years). The exterior appears well-maintained, suggesting the property has been cared for. While interior images are not provided, a home of this age is typically move-in ready with functional major systems. Kitchen and bathroom styles would likely reflect the 2005 build, which may not be ultra-modern but are generally not considered 'outdated' to the point of requiring immediate renovation. Some minor cosmetic updates might be desired by a new owner, but no substantial repairs are indicated. The lack of specified cooling system is a minor concern for the climate but doesn't detract from the overall 'Good' condition based on the available information.
Year Built
2005
Close
-
List price
$519K
Original List price
$519K
Price/Sqft
$184
HOA
-
Days on market
-
Sold On
-
MLS number
V1-34173
Home ConditionGood
Features
View-
About this home
E
Evan Julian
Listing Agent
Price History
Date
Event
Price
05/27/11
Sold
$153,000
06/15/06
Sold
$443,000
Condition Rating
Good
Built in 2005, this property falls within the 'Good' condition criteria for age (10-20 years). The exterior appears well-maintained, suggesting the property has been cared for. While interior images are not provided, a home of this age is typically move-in ready with functional major systems. Kitchen and bathroom styles would likely reflect the 2005 build, which may not be ultra-modern but are generally not considered 'outdated' to the point of requiring immediate renovation. Some minor cosmetic updates might be desired by a new owner, but no substantial repairs are indicated. The lack of specified cooling system is a minor concern for the climate but doesn't detract from the overall 'Good' condition based on the available information.
Pros & Cons
Pros
Modern Construction: Built in 2005, this property benefits from relatively modern construction standards, potentially offering better energy efficiency and fewer immediate maintenance concerns compared to older homes.
Generous Living Space: With 2815 square feet, the home provides ample interior space, accommodating diverse family needs and offering comfortable living areas.
Family-Oriented Configuration: The layout of 4 bedrooms and 3 bathrooms is highly practical and desirable for families, ensuring sufficient private and shared spaces.
Desirable Property Type: As a Single Family Residence, the property offers privacy, exclusive yard space, and is a highly sought-after asset class for long-term investment.
Practical Lot Size: The 6917 square foot lot provides a good balance of outdoor space for recreation or gardening without being excessively large for maintenance.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6917, other record lot size in square feet = 6863.
Absence of Scenic Views: The property explicitly states 'view: None,' indicating a lack of desirable scenic vistas, which may be a detractor for buyers prioritizing views.
Unspecified Cooling System: Given Lancaster's hot climate, the property details do not specify the presence of a central cooling system, which could be a significant comfort concern for potential buyers.
Lack of Differentiating Amenities: Based on the provided information, the property does not highlight unique or luxury amenities (e.g., pool, high-end renovations, smart home features) that could enhance its market appeal.