5009 E Avenue R11, Palmdale, California 93552, Palmdale, 93552 - 3 bed, 3 bath
ACTIVE$525,000
5009 E Avenue R11, Palmdale, California 93552
3Beds
3Baths
1,600Sqft
6,776Lot
Price Vs. Estimate
The estimated value ($476,957.12) is $48,042.88 (9%) lower than the list price ($525,000). This property may be overpriced.
Key pros and cons
Top Pros:
Flexible Living Space: The property offers a versatile downstairs area that can be converted into a fourth bedroom, home office, or play area, catering to diverse buyer needs.
Top Cons:
Overpriced Relative to Market Estimate: The current listing price is approximately 8% higher than the property's estimated market value, which may deter potential buyers or necessitate price adjustments.
Compared to the nearby listings
Price:$525.0K vs avg $498.5K (+$26,500.5)65%
Size:1,600 sqft vs avg 1,799.5 sqft34%
Price/sqft:$328 vs avg $27974%
More Insights
Built in 1987 (38 years old).
Condition: Built in 1987, this property is 37 years old. While it benefits from a recently redone roof (five months old), indicating good maintenance on a major component, the interior, particularly the kitchen, appears dated. Visible kitchen elements like tiled countertops and backsplash, along with the general style of light fixtures and flooring (ceramic tile), suggest an older renovation or original features that are likely 15-30 years old. The property is functional and maintained, but requires minor updates to modernize the aesthetics and potentially some systems, aligning with the 'Fair' condition criteria.
Year Built
1987
Close
-
List price
$525K
Original List price
$530K
Price/Sqft
$328
HOA
-
Days on market
-
Sold On
-
MLS number
SR25165979
Home ConditionFair
Features
Patio
View-
About this home
Experience the perfect combination of comfort and convenance in this beautifully designed two-story home, offering three spacious bedroom with the flexibility to convert a downstairs area into a fourth bedroom ideal for guest, a home office, of play area. Covered patio with cement slab with lighting. Recently redone roof that is five months old. Located in a highly desirable neighborhood, it provides unmatched accessibility with multiple shopping center, schools for all grade levels and a beautiful park all within a five minute drive. Families can also enjoy access to the local water park. Commuters will appreciate the easy connectivity to Highway 138 and the fourteen freeway. Schedule your viewing today to tour your future home
Condition Rating
Fair
Built in 1987, this property is 37 years old. While it benefits from a recently redone roof (five months old), indicating good maintenance on a major component, the interior, particularly the kitchen, appears dated. Visible kitchen elements like tiled countertops and backsplash, along with the general style of light fixtures and flooring (ceramic tile), suggest an older renovation or original features that are likely 15-30 years old. The property is functional and maintained, but requires minor updates to modernize the aesthetics and potentially some systems, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Flexible Living Space: The property offers a versatile downstairs area that can be converted into a fourth bedroom, home office, or play area, catering to diverse buyer needs.
Recent Major Capital Improvement: A recently redone roof (five months old) provides significant value and peace of mind, eliminating a major immediate expense for the new owner.
Prime Location & Accessibility: Located in a highly desirable neighborhood with unmatched accessibility to shopping centers, schools, parks, a water park, and major freeways (138 & 14).
Enhanced Outdoor Living: Features a covered patio with a cement slab and lighting, creating an inviting space for outdoor relaxation and entertainment.
Good Bathroom-to-Bedroom Ratio: With 3 bathrooms for 3-4 potential bedrooms, the property offers excellent convenience and functionality for families.
Cons
Overpriced Relative to Market Estimate: The current listing price is approximately 8% higher than the property's estimated market value, which may deter potential buyers or necessitate price adjustments.
Property Age & Potential System Updates: Built in 1987, the 37-year-old home may have original or aging systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or replacement, despite the new roof.
Lack of Specific Interior Updates: The description does not detail recent interior renovations beyond the flexible room, potentially indicating dated kitchen, bathrooms, or finishes that may require buyer investment.