4565 David Way, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 3 bath

ACTIVE$575,000
4565 David Way, San Bernardino, California 92404
3Beds
3Baths
2,065Sqft
14,080Lot
Price Vs. Estimate
The estimated value ($448,777.785) is $126,222.215 (21%) lower than the list price ($575,000). 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 = 14080, living area = 2065.
Top Cons:
Significant Overpricing: The listing price of $575,000 is substantially higher than the estimated property value of $448,777, indicating a potential overvaluation of 21%.
Compared to the nearby listings
Price:$575.0K vs avg $505.0K (+$70,000)80%
Size:2,065 sqft vs avg 1,382 sqft87%
Price/sqft:$278 vs avg $36113%
More Insights
Built in 1963 (62 years old).
Condition: The property was built in 1963, making it over 60 years old. The listing description does not specify any recent renovations or updates to the kitchen, bathrooms, or major systems. The single exterior image shows a cracked driveway and somewhat unkempt landscaping, suggesting some deferred maintenance. Without interior photos or details of updates, it is highly probable that the kitchen and bathrooms, while functional, are outdated in style and features. This aligns with the 'Fair' condition criteria, indicating that the home is aged but maintained through regular upkeep, and major components are functional but show signs of being outdated, likely requiring minor updates or repairs to meet modern standards.
Year Built
1963
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$278
HOA
-
Days on market
-
Sold On
-
MLS number
WS25104420
Home ConditionFair
Features
Good View: Mountain(s), Valley
Pool
ViewMountain(s), Valley
About this home
This wonderful home is located in a serene area with mountain and valley views. Featuring a private inground swimming pool, 3 huge bedrooms,3 spacious bathrooms, a big kitchen , large front and rear yards, and an attached 3-car garage with a long driveway.Located close to major freeways, public transportation, schools, and shopping centers.
Condition Rating
Fair
The property was built in 1963, making it over 60 years old. The listing description does not specify any recent renovations or updates to the kitchen, bathrooms, or major systems. The single exterior image shows a cracked driveway and somewhat unkempt landscaping, suggesting some deferred maintenance. Without interior photos or details of updates, it is highly probable that the kitchen and bathrooms, while functional, are outdated in style and features. This aligns with the 'Fair' condition criteria, indicating that the home is aged but maintained through regular upkeep, and major components are functional but show signs of being outdated, likely requiring minor updates or repairs to meet modern standards.
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 = 14080, living area = 2065.
Scenic Views: The property boasts desirable mountain and valley views, enhancing its aesthetic appeal and potential value.
Private Swimming Pool: A private inground swimming pool offers a significant recreational amenity, especially appealing in California's climate.
Generous Living Space: With 3 huge bedrooms and 3 spacious bathrooms across 2065 sqft, the home provides ample living space for comfort.
Expansive Lot & Outdoor Space: A large lot size of 14,080 sqft with large front and rear yards offers significant outdoor potential for landscaping, entertaining, or expansion.
Ample Parking & Storage: The attached 3-car garage and long driveway provide extensive parking and storage solutions, a valuable feature for homeowners.
Cons
Significant Overpricing: The listing price of $575,000 is substantially higher than the estimated property value of $448,777, indicating a potential overvaluation of 21%.
Age of Property & Potential for Updates: Built in 1963, the home is over 60 years old, which may suggest a need for significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern buyer expectations, as no recent renovations are explicitly mentioned.
Ambiguous School District Information: The high school district being listed as 'See Remarks' could indicate a lack of clear information or a less desirable district, which might be a concern for family buyers.