45733 Caledonia Court, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$400,000$2,569/sqft
Est. Value: $330,984
-17%
AboveEstimate
45733 Caledonia Court, Lancaster, California 93534
4Beds
2Baths
2,569Sqft
5,689Lot
Price Vs. Estimate
The estimated value ($330,983.97) is $69,016.03 (17%) lower than the list price ($400,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Square Footage: With 2569 sqft, the property offers substantial living space, accommodating various family needs and activities.
Top Cons:
Short Sale Transaction: The 'Short Sale' status indicates a potentially prolonged and complicated closing process due to required lender approvals, which can deter some buyers.
Compared to the nearby listings
Price:$400.0K vs avg $422.0K ($-22,000)37%
Size:2,569 sqft vs avg 1,429 sqft92%
Price/sqft:$156 vs avg $3023%
More Insights
Built in 2002 (24 years old).
Condition: The property, built in 2002, is 22 years old. The listing description explicitly states the house is 'in ok shape but outdated' and 'Needs TLC,' which indicates that while the structure is sound, significant cosmetic and functional updates are required. This aligns with the 'Fair' condition criteria, suggesting the home is aged but maintained, with functional major components that show signs of being outdated and requiring minor updates or repairs. Without interior images, a detailed assessment of kitchen and bathroom specifics is not possible, but the general description supports this rating.
Year Built
2002
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$156
HOA
-
Days on market
-
Sold On
-
MLS number
SR26001545
Home ConditionFair
Features
ViewNeighborhood
About this home
SHORT SALE! 4BR / 2 BA 2569sq footage. House is in ok shape but outdated. Needs TLC. Two story property with a spacious backyard.
B
Brett Goldsmith
Listing Agent
Condition Rating
Fair
The property, built in 2002, is 22 years old. The listing description explicitly states the house is 'in ok shape but outdated' and 'Needs TLC,' which indicates that while the structure is sound, significant cosmetic and functional updates are required. This aligns with the 'Fair' condition criteria, suggesting the home is aged but maintained, with functional major components that show signs of being outdated and requiring minor updates or repairs. Without interior images, a detailed assessment of kitchen and bathroom specifics is not possible, but the general description supports this rating.
Pros & Cons
Pros
Generous Square Footage: With 2569 sqft, the property offers substantial living space, accommodating various family needs and activities.
Four-Bedroom Layout: The 4-bedroom configuration is ideal for larger families or provides flexibility for home offices, guest rooms, or hobby spaces.
Spacious Backyard: The property boasts a spacious backyard, offering significant potential for outdoor living, entertainment, gardening, or future enhancements.
Two-Story Configuration: The two-story design provides a desirable separation of private sleeping areas from common living spaces, enhancing privacy and functionality.
Relatively Modern Build: Built in 2002, the home benefits from more contemporary construction standards and layouts compared to older properties, potentially reducing immediate structural concerns.
Cons
Short Sale Transaction: The 'Short Sale' status indicates a potentially prolonged and complicated closing process due to required lender approvals, which can deter some buyers.
Requires Significant Updates: Described as 'outdated' and 'needs TLC,' the property will require substantial renovation costs and effort from the buyer to modernize and improve its condition.
Limited Bathroom Count: With only two bathrooms for a four-bedroom, 2569 sqft home, larger households may find the bathroom count insufficient, potentially leading to inconvenience.