5039 Carlo Court, Palmdale, California 93552, Palmdale, 93552 - 5 bed, 3 bath
ACTIVE$525,000
5039 Carlo Court, Palmdale, California 93552
5Beds
3Baths
1,670Sqft
7,053Lot
Price Vs. Estimate
The estimated value ($491,435.64) is $33,564.36 (6%) lower than the list price ($525,000). 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 = 7053, living area = 1670.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$525.0K vs avg $498.5K (+$26,500.5)65%
Size:1,670 sqft vs avg 1,799.5 sqft41%
Price/sqft:$314 vs avg $27972%
More Insights
Built in 1991 (34 years old).
Condition: The property was built in 1991, making it over 30 years old. While it appears well-maintained with fresh paint and some updated laminate flooring, the kitchen features dated dark cabinets, speckled granite countertops, and an older fluorescent box light, despite having newer stainless steel appliances. The bathrooms are not pictured, but typically follow the kitchen's age. The unpermitted garage conversion and extra room are significant weaknesses that could incur future costs and complications. Overall, the home is functional and move-in ready but shows its age and would benefit from cosmetic updates, particularly in the kitchen and potentially bathrooms, aligning with the 'fair' condition criteria.
Year Built
1991
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$314
HOA
-
Days on market
-
Sold On
-
MLS number
25622537
Home ConditionFair
Features
Patio
View-
About this home
Spacious Two-Story Home Ideal for a Large Family. This generous 5-bedroom, 3-bath home offers a comfortable layout with plenty of room for everyone. The first level features one bedroom and one full bathroom, perfect for guests or family members who prefer to avoid stairs. The property also features a 2-car garage that has been converted into additional living space (unpermitted) offering extra room that can be used as a family area, storage, hobby room, or multi-purpose space. In addition, there is an Extra room located in the back of the property (unpermitted), providing even more flexibility for a large household. With its spacious layout and multiple living areas, this home is an excellent opportunity for buyers seeking comfort, versatility, and room to grow. Don't miss out on this fantastic property
Price History
Date
Event
Price
04/14/22
Sold
$490,000
10/25/10
Sold
$155,001
Condition Rating
Fair
The property was built in 1991, making it over 30 years old. While it appears well-maintained with fresh paint and some updated laminate flooring, the kitchen features dated dark cabinets, speckled granite countertops, and an older fluorescent box light, despite having newer stainless steel appliances. The bathrooms are not pictured, but typically follow the kitchen's age. The unpermitted garage conversion and extra room are significant weaknesses that could incur future costs and complications. Overall, the home is functional and move-in ready but shows its age and would benefit from cosmetic updates, particularly in the kitchen and potentially bathrooms, aligning with the 'fair' condition criteria.
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 = 7053, living area = 1670.
Spacious Accommodation: The generous 5-bedroom, 3-bath layout provides ample living space, making it ideal for large families or multi-generational living.
Main Level Accessibility: A convenient bedroom and full bathroom on the first floor offer flexibility for guests or family members who prefer to avoid stairs.
Flexible Additional Spaces: The property features a converted garage and an extra room in the back, providing versatile areas for various uses such as a family room, hobby space, or storage.
Generous Lot Size: With a 7,053 sqft lot, there is ample outdoor space for recreation, landscaping, or potential future enhancements.
Value-Add Potential: The existing additional spaces, though currently unpermitted, present a clear opportunity for a buyer to add significant legitimate square footage and value through proper permitting.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Unpermitted Conversions: The converted 2-car garage and the extra room in the back are unpermitted, which could lead to legal, insurance, and financing complications for prospective buyers.
Potential Permitting & Renovation Costs: Buyers should anticipate significant costs and effort to either legitimize the unpermitted spaces by bringing them to code or to revert them to their original state.
Property Age: Built in 1991, the home is over 30 years old, suggesting that some original systems and components may be nearing the end of their lifespan and could require future maintenance or replacement.