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45433 Lorimer Avenue, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath

45433 Lorimer Avenue, Lancaster, California 93534 home-pic-0
ACTIVE$469,999$1,040/sqft
Est. Value: $416,407
-11%
AboveEstimate
45433 Lorimer Avenue, Lancaster, California 93534
3Beds
2Baths
1,040Sqft
6,613Lot

Price Vs. Estimate

The estimated value ($416,407.315) is $53,591.685 (11%) lower than the list price ($469,999). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Renovation: The property has undergone a 'STUNNING FULLY RENOVATED' transformation, ensuring modern comfort and style throughout with fresh paint inside and out, and new drywall in the garage.
Top Cons:
Overpriced Relative to Estimated Value: The current listing price of $469,999 is approximately 13% higher than the estimated property value of $407,577, potentially impacting marketability and buyer interest.

Compared to the nearby listings

Price:$470.0K vs avg $425.0K (+$44,999)75%
Size:1,040 sqft vs avg 1,420 sqft9%
Price/sqft:$452 vs avg $30297%

More Insights

Built in 1957 (69 years old).
Condition: Despite being built in 1957, this property has undergone a comprehensive and stunning renovation within the last 2-5 years, meeting the criteria for an 'excellent' rating. The description explicitly states 'fully renovated' with a new roof (2022), new copper re-pipe (2020), brand new windows, new energy-efficient HVAC, and a new water heater. The kitchen is completely remodeled with brand new Quartz countertops, cabinets, and appliances, showcasing a modern and clean aesthetic in the images. Both bathrooms are also fully renovated with new fixtures, vanities, and stylish tile work. New flooring, lighting, electrical outlets, and fresh paint throughout further contribute to its virtually new condition, requiring no deferred maintenance.
Year Built
1957
Close
-
List price
$470K
Original List price
$520K
Price/Sqft
$452
HOA
-
Days on market
-
Sold On
-
MLS number
SR25122992
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

STUNNING FULLY RENOVATED HOME IN WEST LANCASTER, CA! Welcome to your dream home! This beautifully renovated 3 bedroom, 2 bathroom house is located in the heart of West Lancaster with easy and fast access to the 14 FWY and convenient shopping centers! Every detail has been thoughtfully upgraded to offer modern comfort and style. This beauty has a New roof replaced in 2022, along with new copper re-pipe replaced in 2020, brand new windows throughout the home, all new interior doors with modern hardware, New energy efficient HVAC system with new ducting and vents, replacing the old swamp cooler, brand new water heater, elegant new flooring and baseboard throughout and a completely remodeled kitchen featuring brand new Quartz Countertops, cabinets, and appliances. But wait! there is more, both bathrooms have been completely renovated with a new tub, shower, toilets, shower glass doors and vanity mirrors. You will also notice all new lighting fixtures and recessed lighting throughout the house, new electrical outlets, fresh paint inside and out, new drywall and paint in the garage along with beautiful updated front landscaping and new sprinkler system! This home offers the perfect blend of comfort and convenience, ready for you to move in and enjoy!

Y
Yessenia Martinez
Listing Agent
Condition Rating
Excellent
Despite being built in 1957, this property has undergone a comprehensive and stunning renovation within the last 2-5 years, meeting the criteria for an 'excellent' rating. The description explicitly states 'fully renovated' with a new roof (2022), new copper re-pipe (2020), brand new windows, new energy-efficient HVAC, and a new water heater. The kitchen is completely remodeled with brand new Quartz countertops, cabinets, and appliances, showcasing a modern and clean aesthetic in the images. Both bathrooms are also fully renovated with new fixtures, vanities, and stylish tile work. New flooring, lighting, electrical outlets, and fresh paint throughout further contribute to its virtually new condition, requiring no deferred maintenance.
Pros & Cons

Pros

Comprehensive Renovation: The property has undergone a 'STUNNING FULLY RENOVATED' transformation, ensuring modern comfort and style throughout with fresh paint inside and out, and new drywall in the garage.
Major System Upgrades: Recent replacements include a new roof (2022), copper re-pipe (2020), brand new windows, energy-efficient HVAC with new ducting, and a new water heater, significantly reducing future maintenance concerns.
Modernized Interiors: Features a completely remodeled kitchen with brand new Quartz countertops, cabinets, and appliances, fully renovated bathrooms, new flooring and baseboards, and updated lighting fixtures, offering a move-in ready experience.
Enhanced Energy Efficiency: The installation of a new energy-efficient HVAC system (replacing a swamp cooler) and brand new windows contributes to lower utility costs and improved indoor climate control.
Convenient West Lancaster Location: Situated in the heart of West Lancaster, providing easy and fast access to the 14 FWY and convenient shopping centers, enhancing daily convenience.

Cons

Overpriced Relative to Estimated Value: The current listing price of $469,999 is approximately 13% higher than the estimated property value of $407,577, potentially impacting marketability and buyer interest.
Modest Square Footage: With 1040 sqft for a 3-bedroom, 2-bathroom layout, the interior living space is relatively compact, which might not appeal to buyers seeking larger homes.
Original Construction Age: Despite extensive renovations, the home's original build year of 1957 might raise concerns for some buyers regarding underlying structural elements or layout limitations typical of older properties.
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