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4851 Truman Road, Rosamond, CA 93560, Rosamond, 93560 - 3 bed, 2 bath

4851 Truman Road, Rosamond, CA 93560 home-pic-0
ACTIVE$279,000$1,440/sqft
Est. Value: $279,000
%
FairlyEstimate
4851 Truman Road, Rosamond, CA 93560
3Beds
2Baths
1,440Sqft
108,900Lot

Price Vs. Estimate

The estimated value ($279,000) is $0 (0%) lower than the list price ($279,000). 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 = 108900, living area = 1440.
Top Cons:
Non-Permanent Foundation: The home is not on a permanent foundation, which can impact financing options and perceived long-term value or durability.

Compared to the nearby listings

Price:$279.0K vs avg $409.0K ($-130,000)19%
Size:1,440 sqft vs avg 1,665.5 sqft32%
Price/sqft:$194 vs avg $24323%

More Insights

Built in 1979 (47 years old).
Condition: Despite being built in 1979, this property benefits from significant recent updates including a new air conditioner, new roof, new carpet, and one fully remodeled modern bathroom. While the kitchen and a second bathroom show dated styles and the interior features extensive wood paneling, the major systems are functional and recently replaced, making it move-in ready with no immediate renovation required. The non-permanent foundation is a structural characteristic, not a condition of wear and tear.
Year Built
1979
Close
-
List price
$279K
Original List price
-
Price/Sqft
$194
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-31600
Home ConditionGood
Features
Good View:
Deck
View-

About this home

Back on the market. Previous buyer was unable to perform. Opportunity is knocking right now!!! This is one of the best priced homes you will ever find. Live out in the country away from it all instead of impoverishing yourself with a huge home loan. Big and roomy home is on a cul-de-sac with 2.5 acres and views of the Tehachapi Mountains. Bring your animals, bring your work trucks, build a workshop. Privacy is the word. There is a huge deck for entertaining. New air conditioner, new roof, new carpet, remodeled bathroom, some new windows. There is a private well, septic installed and power is already to the property. You can live in the existing home while building your dream home or a Guest Home (ADU) for monthly income. You are away from it all while being around a five minute drive to town or the 14 freeway. This home is not on a permanent foundation but loans are available.

G
Gary Julian
Listing Agent

Price History

Date
Event
Price
08/31/94
Sold
$63,000
02/12/24
Sold
$117,000
08/04/09
Sold
$40,000
Condition Rating
Good
Despite being built in 1979, this property benefits from significant recent updates including a new air conditioner, new roof, new carpet, and one fully remodeled modern bathroom. While the kitchen and a second bathroom show dated styles and the interior features extensive wood paneling, the major systems are functional and recently replaced, making it move-in ready with no immediate renovation required. The non-permanent foundation is a structural characteristic, not a condition of wear and tear.
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 = 108900, living area = 1440.
Expansive Lot & Privacy: The property boasts 2.5 acres on a cul-de-sac, offering significant space, privacy, and views of the Tehachapi Mountains.
Significant Recent Upgrades: Recent improvements include a new air conditioner, new roof, new carpet, a remodeled bathroom, and some new windows, reducing immediate maintenance needs.
Versatile Land Use & ADU Potential: The large lot accommodates animals, work trucks, workshops, and offers the potential to build a dream home or an Accessory Dwelling Unit (ADU) for income.
Self-Sufficient Utilities: Equipped with a private well, septic system, and existing power, providing independence from municipal services and potential cost savings.
Exceptional Value & No HOA Fees: Positioned as one of the best-priced homes, it offers affordable country living without the burden of association fees.

Cons

Non-Permanent Foundation: The home is not on a permanent foundation, which can impact financing options and perceived long-term value or durability.
Previous Transaction Failure: The property is back on the market due to a previous buyer's inability to perform, which may raise questions for prospective buyers.
Potential Financing Limitations: While loans are available, the non-permanent foundation may limit the pool of conventional lenders and specific loan products, potentially affecting marketability.
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