485 Manzanita Avenue, Felton, California 95018, Felton, 95018 - 2 bed, 1 bath
ACTIVE$800,000
485 Manzanita Avenue, Felton, California 95018
2Beds
1Bath
1,112Sqft
7,187Lot
Price Vs. Estimate
The estimated value ($731,204.635) is $68,795.365 (8%) lower than the list price ($800,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in Felton, California, the property benefits from a desirable location known for its natural beauty, redwood forests, and community charm, appealing to buyers seeking a tranquil yet accessible lifestyle.
Top Cons:
Limited Bathroom Count: With only one bathroom for two bedrooms, the property may pose functional limitations for families or multiple occupants, potentially narrowing the buyer pool.
Compared to the nearby listings
Price:$800.0K vs avg $857.5K ($-57,500)45%
Size:1,112 sqft vs avg 1,400.5 sqft36%
Price/sqft:$719 vs avg $64768%
More Insights
Built in 1951 (74 years old).
Condition: The property was built in 1951, making it 73 years old. Without any information regarding recent major renovations (e.g., within the last 15-30 years) or visual evidence from images (which were not provided), it is highly probable that the property requires substantial repairs and rehabilitation. Key areas like the kitchen and bathroom, along with major systems (HVAC, electrical, plumbing), are likely outdated and in need of significant upgrades or replacement to meet current standards and ensure comfort and safety. The age alone places it outside the 'Excellent' or 'Good' categories, and without positive indicators, it aligns with the 'Poor' classification, suggesting significant investment will be needed.
Year Built
1951
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
ML81965136
Home ConditionPoor
Features
View-
About this home
Condition Rating
Poor
The property was built in 1951, making it 73 years old. Without any information regarding recent major renovations (e.g., within the last 15-30 years) or visual evidence from images (which were not provided), it is highly probable that the property requires substantial repairs and rehabilitation. Key areas like the kitchen and bathroom, along with major systems (HVAC, electrical, plumbing), are likely outdated and in need of significant upgrades or replacement to meet current standards and ensure comfort and safety. The age alone places it outside the 'Excellent' or 'Good' categories, and without positive indicators, it aligns with the 'Poor' classification, suggesting significant investment will be needed.
Pros & Cons
Pros
Prime Location: Situated in Felton, California, the property benefits from a desirable location known for its natural beauty, redwood forests, and community charm, appealing to buyers seeking a tranquil yet accessible lifestyle.
Generous Lot Size: The 7,187 sqft lot provides ample outdoor space for gardening, recreation, or potential future expansion, a significant advantage for a single-family residence.
Single Family Residence: As a single-family home, it offers privacy and autonomy, a highly sought-after property type in the current market.
Value-Add Potential: Built in 1951, the property presents an excellent opportunity for buyers to modernize and personalize, potentially increasing its value through renovations and updates.
Active & Fresh Listing: The property is actively listed and relatively new to the market (on market since May 10, 2024), indicating it's a fresh opportunity for prospective buyers.
Cons
Limited Bathroom Count: With only one bathroom for two bedrooms, the property may pose functional limitations for families or multiple occupants, potentially narrowing the buyer pool.
Age of Property & Required Updates: Built in 1951, the home is likely to require significant investment in updating systems (plumbing, electrical) and finishes to meet modern standards and buyer expectations.
Modest Interior Square Footage: At 1,112 sqft, the interior living space is relatively compact, which might be a drawback for buyers seeking more expansive rooms or additional living areas.