503 Palm Way, Needles, California 92363, Needles, 92363 - 3 bed, 2 bath
ACTIVE$184,900
503 Palm Way, Needles, California 92363
3Beds
2Baths
1,100Sqft
3,750Lot
Price Vs. Estimate
The estimated value ($135,359.635) is $49,540.365 (26%) lower than the list price ($184,900). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Recent Renovations: The home boasts recent updates including a fresh exterior paint, several new windows, and a fully remodeled kitchen with butcher block countertops, new blue cabinetry, and white appliances, offering a move-in ready experience.
Top Cons:
Significant Overpricing Relative to Market Value: The current list price of $184,900 is substantially higher than the estimated property value of $135,359.635 and comparable sales, indicated by an estimation ratio of -26%, potentially hindering buyer interest.
Compared to the nearby listings
Price:$184.9K vs avg $184.9K (+$0)50%
Size:1,100 sqft vs avg 1,316 sqft24%
Price/sqft:$168 vs avg $14471%
More Insights
Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('newly renovated historical home') and clearly visible in the images. The kitchen features new blue cabinetry, butcher block countertops, white subway tile backsplash, and new white appliances, all in excellent, modern condition. The bathroom also appears fully updated with a contemporary vanity, mirror, and lighting. Throughout the home, there is new LVP/laminate flooring, fresh paint, recessed lighting, modern light fixtures, and new windows. The presence of mini-split AC units indicates updated cooling/heating. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1959
Close
-
List price
$185K
Original List price
$195K
Price/Sqft
$168
HOA
-
Days on market
-
Sold On
-
MLS number
JT25001061
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
Check out this newly renovated historical home on a corner lot! This 3 bedroom 2 bathroom home is fully fenced with low maintenance landscaping! The red dog house out front symbolizes Snoopy's dog house- it has been said the creator once lived here! The old charm is still felt here with just the perfect amount of renovation! The exterior has had a fresh coat of paint & several new windows. Step inside to a bright and airy open concept great room! The dining space features a cozy bay window perfect for extra seating or a breakfast nook. In the kitchen is new butcher block countertops, beautiful blue cabinetry and white appliances- plus a large pantry! A large indoor laundry room steps out to a private patio area. Side parking to keep you off the street or to park your extra vehicle/toys! Just minutes from the Colorado River! Don't miss out on this one!
Condition Rating
Excellent
Despite being built in 1959, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('newly renovated historical home') and clearly visible in the images. The kitchen features new blue cabinetry, butcher block countertops, white subway tile backsplash, and new white appliances, all in excellent, modern condition. The bathroom also appears fully updated with a contemporary vanity, mirror, and lighting. Throughout the home, there is new LVP/laminate flooring, fresh paint, recessed lighting, modern light fixtures, and new windows. The presence of mini-split AC units indicates updated cooling/heating. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons
Pros
Extensive Recent Renovations: The home boasts recent updates including a fresh exterior paint, several new windows, and a fully remodeled kitchen with butcher block countertops, new blue cabinetry, and white appliances, offering a move-in ready experience.
Functional & Modern Interior Layout: Features an open-concept great room, a large indoor laundry room, a spacious pantry, and a cozy bay window in the dining area, enhancing daily living and entertaining.
Desirable Outdoor Features & Parking: Situated on a corner lot, the property includes a fully fenced yard with low-maintenance landscaping, a private patio area, and convenient side parking for vehicles or recreational toys.
Proximity to Recreational Amenities: Located just minutes from the Colorado River, offering easy access to water-based activities and outdoor recreation, which is a significant draw for the area.
Unique Historical Charm: The property retains its historical character, complemented by a unique local story (Snoopy's dog house), adding distinctive appeal and a memorable selling point.
Cons
Significant Overpricing Relative to Market Value: The current list price of $184,900 is substantially higher than the estimated property value of $135,359.635 and comparable sales, indicated by an estimation ratio of -26%, potentially hindering buyer interest.
Age of Core Structure: Despite renovations, the home was built in 1959, meaning core systems and infrastructure are over 60 years old, which may lead to unforeseen maintenance concerns or higher operational costs in the long term.
Extended Market Time & Price Adjustment: The property has been on the market since January 2025 and has already undergone a price reduction from $194,900 to $184,900, suggesting challenges in attracting offers at its current valuation.