5005 Mariposa Drive, San Bernardino, California 92404, San Bernardino, 92404 - 4 bed, 4 bath

5005 Mariposa Drive, San Bernardino, California 92404 home-pic-0
ACTIVE$615,000
5005 Mariposa Drive, San Bernardino, California 92404
4Beds
4Baths
2,779Sqft
12,600Lot

Price Vs. Estimate

The estimated value ($470,637.275) is $144,362.725 (23%) lower than the list price ($615,000). 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 = 12600, living area = 2779.
Top Cons:
Property Age: Built in 1963, the home is over 60 years old, which may necessitate significant updates to major systems (HVAC, plumbing, electrical) and interior finishes to meet modern standards.

Compared to the nearby listings

Price:$615.0K vs avg $505.0K (+$110,000)87%
Size:2,779 sqft vs avg 1,382 sqft99%
Price/sqft:$221 vs avg $3613%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this property is over 60 years old. The listing explicitly notes a 'Lack of Renovation Details' and suggests 'significant updates to major systems (HVAC, plumbing, electrical) and interior finishes' are likely needed. While the exterior appears maintained, there are no images of the kitchen or bathrooms. For a home of this age without documented renovations, it is highly probable that these key areas are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and functionality. The visible interior (e.g., mirrored closet doors in the staged bedroom) also points to an older aesthetic.
Year Built
1963
Close
-
List price
$615K
Original List price
$649K
Price/Sqft
$221
HOA
-
Days on market
-
Sold On
-
MLS number
CV25181127
Home ConditionPoor
Features
Good View: Mountain(s)
Deck
Spa
Patio
ViewMountain(s)

About this home

Beautiful 4 bedroom, 3 baths, 2,779 Sq. ft. home, 12,600 Sq.ft lot.

Condition Rating
Poor

Built in 1963, this property is over 60 years old. The listing explicitly notes a 'Lack of Renovation Details' and suggests 'significant updates to major systems (HVAC, plumbing, electrical) and interior finishes' are likely needed. While the exterior appears maintained, there are no images of the kitchen or bathrooms. For a home of this age without documented renovations, it is highly probable that these key areas are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and functionality. The visible interior (e.g., mirrored closet doors in the staged bedroom) also points to an older aesthetic.
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 = 12600, living area = 2779.
Generous Living Space: The property offers a substantial 2,779 Sq. ft. of interior living space, providing ample room for comfort and various lifestyle needs.
Large Lot Size: With a 12,600 Sq.ft. lot, the property boasts significant outdoor space, ideal for landscaping, entertaining, or potential expansion.
Ample Accommodation: Featuring 4 bedrooms and 4 bathrooms, the home provides extensive accommodation suitable for larger families or those desiring extra guest/office space.
Scenic Mountain Views: The property benefits from desirable mountain views, enhancing its aesthetic appeal and offering a pleasant backdrop for residents.
Recent Price Adjustments: Multiple price reductions from the original list price indicate a motivated seller and potential for a competitive offer, presenting a good value opportunity for buyers.

Cons

Property Age: Built in 1963, the home is over 60 years old, which may necessitate significant updates to major systems (HVAC, plumbing, electrical) and interior finishes to meet modern standards.
Lack of Renovation Details: The listing description does not specify any recent renovations or upgrades, which for a home of this age, could imply outdated features or deferred maintenance requiring future investment.
Market Perception of Price Reductions: While beneficial for buyers, the repeated price reductions could signal challenges in market valuation or buyer interest at previous price points, potentially raising questions about the property's condition or desirability.

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