45116 Price Lane, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$450,000
45116 Price Lane, Lancaster, California 93535
4Beds
3Baths
2,167Sqft
6,923Lot
Price Vs. Estimate
The estimated value ($468,908.12) is $18,908.12 (4%) higher than the list price ($450,000). This property may be underpriced.
Key pros and cons
Top Pros:
Financial Advantage: No HOA fees or Mello Roos taxes, significantly reducing monthly ownership costs and providing greater financial flexibility.
Top Cons:
Property Age: Built in 1990, the home is 34 years old, suggesting potential for aging systems or components that may require future maintenance or upgrades beyond the mentioned kitchen updates.
Compared to the nearby listings
Price:$450.0K vs avg $440.0K (+$10,000)56%
Size:2,167 sqft vs avg 1,580 sqft86%
Price/sqft:$208 vs avg $26910%
More Insights
Built in 1990 (35 years old).
Condition: Built in 1990, this 34-year-old home shows signs of being well-maintained but with an older aesthetic. The kitchen features updated stainless steel appliances and granite countertops, which are positives, but the cabinet style and some lighting fixtures appear dated. Bathrooms also have granite counters and a jetted tub in the primary, but the overall style, vanity cabinets, and light fixtures are consistent with an older renovation. Carpets show some wear, and many light fixtures throughout the home are not contemporary. A significant factor is the mention of only ceiling fans for cooling, implying a potential lack of central air conditioning, which would be a major drawback for a home of this age in Lancaster's climate. The property is functional and move-in ready but would benefit from cosmetic updates to bring it to current standards and a confirmed central AC system.
Year Built
1990
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$208
HOA
-
Days on market
-
Sold On
-
MLS number
SR25268276
Home ConditionFair
Features
Patio
View-
About this home
NO HOA NO MELLO ROOS!!! Sitting on 6,917 square feet in Lancaster, this home boasts over 2,100 square feet. The Two-Story main floor is overflowing with natural light. The home features 4 Bedrooms, 3 Baths. The primary bedroom has a walk-in closet and a jetted shower, a Living Room, a Dining Room, and a Family Room. For your convenience, the Downstairs features a Bedroom / Office with a Bath. Kitchen features include granite counters, stainless steel sink and faucet, and counter and cabinet space. The Ceiling Fans provide circulation and energy savings. This home is equipped with Solar Panels, which may save you money year-round. The large backyard gives you space for entertaining, and with a 3-car garage, it gives you plenty of parking spaces.
Price History
Date
Event
Price
02/10/12
Sold
$140,000
01/09/07
Sold
$372,000
Condition Rating
Fair
Built in 1990, this 34-year-old home shows signs of being well-maintained but with an older aesthetic. The kitchen features updated stainless steel appliances and granite countertops, which are positives, but the cabinet style and some lighting fixtures appear dated. Bathrooms also have granite counters and a jetted tub in the primary, but the overall style, vanity cabinets, and light fixtures are consistent with an older renovation. Carpets show some wear, and many light fixtures throughout the home are not contemporary. A significant factor is the mention of only ceiling fans for cooling, implying a potential lack of central air conditioning, which would be a major drawback for a home of this age in Lancaster's climate. The property is functional and move-in ready but would benefit from cosmetic updates to bring it to current standards and a confirmed central AC system.
Pros & Cons
Pros
Financial Advantage: No HOA fees or Mello Roos taxes, significantly reducing monthly ownership costs and providing greater financial flexibility.
Energy Efficiency: Equipped with solar panels, offering substantial savings on electricity bills year-round and contributing to a lower carbon footprint.
Functional Layout: Features 4 bedrooms and 3 bathrooms, including a convenient downstairs bedroom/office with an accompanying bath, and multiple distinct living areas (Living, Dining, Family rooms).
Updated Kitchen: The kitchen boasts granite counters, a stainless steel sink and faucet, and ample counter and cabinet space, providing a modern and functional cooking area.
Generous Space: Offers a large backyard suitable for entertaining and a 3-car garage providing extensive parking and storage solutions.
Cons
Property Age: Built in 1990, the home is 34 years old, suggesting potential for aging systems or components that may require future maintenance or upgrades beyond the mentioned kitchen updates.
Lack of Views: The property description explicitly states 'view: None,' which may detract from its appeal for buyers seeking scenic vistas or premium outdoor experiences.
Cooling System: While ceiling fans are mentioned for circulation, there is no explicit mention of central air conditioning, which could be a significant drawback in Lancaster's hot climate.