5055 E Avenue R12, Palmdale, California 93552, Palmdale, 93552 - 4 bed, 2 bath
ACTIVE$440,000
5055 E Avenue R12, Palmdale, California 93552
4Beds
2Baths
1,200Sqft
9,956Lot
Price Vs. Estimate
The estimated value ($413,566.42) is $26,433.58 (6%) lower than the list price ($440,000). 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 = 9956, living area = 1200.
Top Cons:
Age of Property: Built in 1984, the home's age may suggest potential for older infrastructure or systems that could require future maintenance or upgrades, despite described interior features.
Compared to the nearby listings
Price:$440.0K vs avg $496.0K ($-56,000)18%
Size:1,200 sqft vs avg 1,799.5 sqft13%
Price/sqft:$367 vs avg $27985%
More Insights
Built in 1984 (41 years old).
Condition: Built in 1984, this property is 40 years old. While it features central A/C and heating, and some cosmetic updates like painted kitchen cabinets (blue and white) and an island, the kitchen still has laminate countertops and black appliances that are not modern. The bathroom appears largely original and very dated, requiring significant renovation. The flooring is a mix of dated tile and laminate, and light fixtures are generally traditional. The home is maintained and functional, but key areas like the kitchen and especially the bathroom show their age and would require substantial updates to meet current buyer expectations.
Year Built
1984
Close
-
List price
$440K
Original List price
$450K
Price/Sqft
$367
HOA
-
Days on market
-
Sold On
-
MLS number
SR25252356
Home ConditionFair
Features
ViewNeighborhood
About this home
Price Reduction!! Charming corner-lot home in one of Palmdale’s great family neighborhoods! This lovely home offers 3 bedrooms plus a bonus room that can be used as a 4th bedroom or office. It features 2 bathrooms, central A/C and heating, and great curb appeal. Inside, you’ll find an open kitchen with an island, tile floors, and a cozy fireplace for those chilly nights. The spacious backyard—almost 10,000 sq. ft.—is perfect for family fun and entertaining, park like backyard. 2 car garage, there’s possible RV access and several fruit trees including pomegranate, peach, plum, almond, and pear. Located close to shopping, dining, and commuter routes, this home offers comfort, convenience, and charm. Don’t miss this wonderful opportunity!
Price History
Date
Event
Price
04/20/10
Sold
$125,000
05/07/04
Sold
$198,000
Condition Rating
Fair
Built in 1984, this property is 40 years old. While it features central A/C and heating, and some cosmetic updates like painted kitchen cabinets (blue and white) and an island, the kitchen still has laminate countertops and black appliances that are not modern. The bathroom appears largely original and very dated, requiring significant renovation. The flooring is a mix of dated tile and laminate, and light fixtures are generally traditional. The home is maintained and functional, but key areas like the kitchen and especially the bathroom show their age and would require substantial updates to meet current buyer expectations.
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 = 9956, living area = 1200.
Expansive & Amenity-Rich Backyard: Features a nearly 10,000 sq. ft. 'park-like' backyard, ideal for entertaining, complete with a variety of mature fruit trees (pomegranate, peach, plum, almond, pear).
Flexible Floor Plan: Includes 3 bedrooms plus a versatile bonus room, easily adaptable as a 4th bedroom or dedicated home office, catering to diverse family needs.
Desirable Corner Lot with Curb Appeal: Positioned on a charming corner lot, offering enhanced privacy and a visually appealing exterior, contributing to a strong first impression.
Key Modern Comforts: Equipped with central air conditioning and heating, an open kitchen featuring a functional island, and a cozy fireplace, ensuring year-round comfort and modern living.
Strategic Location & Practical Access: Conveniently situated near essential shopping, dining, and major commuter routes, complemented by the practical advantage of possible RV access.
Cons
Age of Property: Built in 1984, the home's age may suggest potential for older infrastructure or systems that could require future maintenance or upgrades, despite described interior features.
Compact Interior Footprint: With 1200 sq. ft. for 4 potential bedrooms, the interior living spaces might be considered modest, potentially limiting spaciousness for larger families or those desiring more expansive rooms.
Recent Price Adjustment: A recent price reduction from $450,000 to $440,000, while beneficial for buyers, could indicate initial overpricing or a slower market response, potentially affecting perceived value.