5062 Taft Street, Chino, California 91710, Chino, 91710 - 5 bed, 3 bath
ACTIVE$850,000
5062 Taft Street, Chino, California 91710
5Beds
3Baths
1,280Sqft
7,150Lot
Price Vs. Estimate
The estimated value ($456,103.435) is $393,896.565 (46%) lower than the list price ($850,000). 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 = 7150, living area = 1280.
Top Cons:
Unpermitted Structures: The presence of an 'Unpermitted large storage shed with foundation and electrical' could lead to legal, insurance, or financing complications, and may require the buyer to address permitting issues post-purchase.
Compared to the nearby listings
Price:$850.0K vs avg $784.5K (+$65,500)70%
Size:1,280 sqft vs avg 1,724 sqft16%
Price/sqft:$664 vs avg $45497%
More Insights
Built in 1975 (50 years old).
Condition: While the interior boasts a 'fully remodeled' modern kitchen with sleek cabinets, stone countertops, and LED lighting, along with updated tiled bathrooms and new flooring throughout, the property's overall condition is significantly impacted by several factors. Built in 1975, the home is older. More critically, the listing explicitly mentions an 'unpermitted large storage shed with foundation and electrical' and a 'potential for unpermitted living space/square footage discrepancy' due to the low square footage for 5 beds/3 baths and garage modifications. These are substantial legal and financial liabilities that require more than minor updates or repairs. Additionally, the exterior landscaping appears neglected, and the leased solar panels represent an ongoing financial commitment. Therefore, despite the appealing interior renovations, the unpermitted structures and other issues prevent it from achieving a 'Good' rating, placing it in the 'Fair' category due to the need for significant remediation beyond cosmetic fixes.
Year Built
1975
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$664
HOA
-
Days on market
-
Sold On
-
MLS number
MB25147902
Home ConditionFair
Features
Patio
View-
About this home
Welcome to this 5-bedroom, 3-full bathroom home in the vibrant city of Chino! Fully remodeled and move-in ready, this property features tile flooring throughout, a modern open concept kitchen with sleek countertops, large island with stone type countertop, newer sleek cabinets, LED lights. Tiled updated bathrooms. 2 of the 5 bedrooms are large bedrooms with their own full baths, wood flooring in the bedrooms. Walk in closets. Walk-In tub. This property sits on a large 7,000+ square foot lot, with a large and spacious backyard, covered patio, perfect for entertaining, a long cemented path leading to the back yard, with plenty of parking and endless potential. Upgraded wrought iron side gates. Attached garage with some interior modification. Leased Solar panels. Upgraded electric tankless water heater. Unpermitted large storage shed with foundation and electrical. Spacious front yard. Prime location—close to freeways, shopping centers and walking distance to the park ensures convenience.
Condition Rating
Fair
While the interior boasts a 'fully remodeled' modern kitchen with sleek cabinets, stone countertops, and LED lighting, along with updated tiled bathrooms and new flooring throughout, the property's overall condition is significantly impacted by several factors. Built in 1975, the home is older. More critically, the listing explicitly mentions an 'unpermitted large storage shed with foundation and electrical' and a 'potential for unpermitted living space/square footage discrepancy' due to the low square footage for 5 beds/3 baths and garage modifications. These are substantial legal and financial liabilities that require more than minor updates or repairs. Additionally, the exterior landscaping appears neglected, and the leased solar panels represent an ongoing financial commitment. Therefore, despite the appealing interior renovations, the unpermitted structures and other issues prevent it from achieving a 'Good' rating, placing it in the 'Fair' category due to the need for significant remediation beyond cosmetic fixes.
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 = 7150, living area = 1280.
Extensively Remodeled & Move-in Ready: The property has been 'fully remodeled' with modern finishes throughout, including the kitchen and bathrooms, making it attractive for immediate occupancy without requiring further updates.
High Bedroom & Bathroom Count: With 5 bedrooms and 3 full bathrooms, including two large bedrooms with their own private full baths, the home offers significant flexibility and ample accommodation for larger families or multi-generational living.
Modern & Updated Kitchen: The kitchen boasts a modern open concept design with sleek countertops, a large island with a stone-type countertop, newer cabinets, and LED lighting, providing a highly functional and aesthetically pleasing space.
Generous Lot & Outdoor Living Space: Sitting on a large 7,000+ square foot lot, the property features a spacious backyard with a covered patio, perfect for entertaining, and a long cemented path offering plenty of additional parking.
Convenient Location: The home is situated in a prime location, offering easy access to freeways, shopping centers, and is within walking distance to a park, enhancing daily convenience and lifestyle.
Cons
Unpermitted Structures: The presence of an 'Unpermitted large storage shed with foundation and electrical' could lead to legal, insurance, or financing complications, and may require the buyer to address permitting issues post-purchase.
Leased Solar Panels: The 'Leased Solar panels' typically involve assuming a monthly payment or a buyout, which adds to the buyer's ongoing expenses and can complicate the financing process.
Potential for Unpermitted Living Space / Square Footage Discrepancy: The listed 1280 sqft for a 5-bedroom, 3-bathroom home is unusually small, especially with mentions of 'large bedrooms' and 'attached garage with some interior modification,' suggesting potential unpermitted additions or conversions that may not be reflected in official records, impacting appraisal and future resale.