492 Autumn Way, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
ACTIVE$365,000$1,475/sqft
Est. Value: $378,174
3%
BelowEstimate
492 Autumn Way, Banning, California 92220
3Beds
2Baths
1,475Sqft
4,356Lot
Price Vs. Estimate
The estimated value ($378,173.515) is $13,173.515 (3%) higher than the list price ($365,000). This property may be underpriced.
Key pros and cons
Top Pros:
Move-in Ready Condition: The property is described as 'truly move-in ready' with 'thoughtfully designed living space,' minimizing immediate renovation needs for buyers.
Top Cons:
Age-Restricted Community: The 55+ community restriction significantly narrows the potential buyer pool, potentially affecting market demand and resale liquidity.
Compared to the nearby listings
Price:$365.0K vs avg $456.0K ($-91,036)20%
Size:1,475 sqft vs avg 1,678 sqft36%
Price/sqft:$247 vs avg $26432%
More Insights
Built in 2003 (23 years old).
Condition: Built in 2003, this home is move-in ready with a fresh coat of paint and updated stainless steel kitchen appliances. The flooring is consistent and well-maintained throughout. While the kitchen cabinets and bathroom fixtures reflect an older style, they are clean and fully functional, showing minimal wear and tear. The property does not require immediate renovations and major systems appear to be in good working order.
Year Built
2003
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$247
HOA
$160
Days on market
-
Sold On
-
MLS number
IG26009770
Home ConditionGood
Features
View-
About this home
Welcome home to 492 Autumn Way! This charming 3-bedroom, 2-bath home offers 1,475 sq ft of thoughtfully designed living space and is truly move-in ready. Enjoy a bright and open layout, comfortable bedrooms, and a warm, inviting feel throughout. Located in a beautiful 55+ community in Banning, this home is perfect for those seeking a relaxed, low-maintenance lifestyle in a great neighborhood. Don’t miss this wonderful opportunity!
M
MINERVA RODAS
Listing Agent
Nearby schools
4/10
Banning High School
Public,•9-12•1.7mi
Price History
Date
Event
Price
07/25/19
Sold
$190,000
05/23/03
Sold
$165,500
Condition Rating
Good
Built in 2003, this home is move-in ready with a fresh coat of paint and updated stainless steel kitchen appliances. The flooring is consistent and well-maintained throughout. While the kitchen cabinets and bathroom fixtures reflect an older style, they are clean and fully functional, showing minimal wear and tear. The property does not require immediate renovations and major systems appear to be in good working order.
Pros & Cons
Pros
Move-in Ready Condition: The property is described as 'truly move-in ready' with 'thoughtfully designed living space,' minimizing immediate renovation needs for buyers.
55+ Community Appeal: Located in a 'beautiful 55+ community,' offering a relaxed, low-maintenance lifestyle specifically tailored to active adult buyers.
Relatively Modern Construction: Built in 2003, the home benefits from more modern construction standards and potentially fewer immediate maintenance issues compared to older properties.
Desirable Layout & Ambiance: Features a 'bright and open layout' with a 'warm, inviting feel,' enhancing the living experience and broad appeal within its target market.
Optimal Size for Target Demographic: With 1,475 sq ft, 3 bedrooms, and 2 baths, the home offers a comfortable and manageable living space ideal for a low-maintenance 55+ lifestyle.
Cons
Age-Restricted Community: The 55+ community restriction significantly narrows the potential buyer pool, potentially affecting market demand and resale liquidity.
Lack of Scenic Views: The property explicitly states 'view: None,' indicating an absence of desirable scenic views, which could be a drawback for some buyers.
Ongoing Association Fees: A monthly association fee of $160 adds to the recurring costs of homeownership, which budget-conscious buyers will need to consider.