507 S Shields, Anaheim, California 92804, Anaheim, 92804 - 3 bed, 2 bath
507 S Shields
Anaheim, California 92804
Property Price
SUMMARY
Analysis of 507 S Shields, Anaheim, California 92804 reveals a property with a current list price of $1,099,000, which is 8% above the estimated $1,004,837 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Anaheim Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 S Shields Subject | $1,099,000* List Price | 3 | 2 | 1,366 | $736 | - |
A 2533 W Chanticleer Sold | $1,050,000 | 3 | 2 | 1,342 | $782 | 1.0 mi |
B 910 S Kenmore Street Sold | $882,000 | 3 | 2 | 1,391 | $634 | 0.6 mi |
C 325 S Kenmore Street Sold | $980,000 | 3 | 2 | 1,227 | $799 | 0.3 mi |
D 2828 W Westhaven Drive Sold | $874,900 | 3 | 2 | 1,229 | $712 | 0.2 mi |
E 837 S Magnolia Avenue Active Under Contract | $899,000 List Price | 3 | 2 | 1,385 | $649 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1956, has undergone significant recent renovations, including a remodeled kitchen, updated bathrooms with modern vanities, tiling, and glass shower doors, and wood flooring throughout. Recessed lighting adds to the contemporary feel. These updates make the home move-in ready and aesthetically pleasing, aligning with the 'Good' score criteria for properties extensively renovated within 5-15 years. While the original build year suggests a potential for older underlying infrastructure, the visible cosmetic updates are substantial and well-executed, indicating a well-maintained property.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7841, living area = 1366.
- Modern Interior Updates
The home features a recently remodeled kitchen, wood flooring, and remodeled bathrooms, offering a contemporary and move-in ready aesthetic.
- Prime Anaheim Location
Situated in the heart of Anaheim, providing easy access to major attractions like Disneyland, Knotts, Angel Stadium, and a multitude of shopping, dining, and recreational options.
CONSRISKS & DEFICIENCIES
- Priced Above Estimated Value
The current listing price is approximately 7% higher than the property's estimated value, which may impact buyer perception and negotiation.
- Lack of Scenic Views
The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks or premium views.
- Potential for Older Infrastructure
Built in 1956, despite recent cosmetic remodels, the property may still have original or older core infrastructure (e.g., plumbing, electrical, HVAC systems) that could require future maintenance or upgrades.
About 507 S Shields
Welcome to this charming 3-bedroom, 2 bathroom spacious home located in the heart of the city. With its recently remodeled kitchen, wood flooring, remodeled bathrooms, large living room area and ample closet space, it provides a modern and stylish atmosphere for relaxation and entertaining guest. The backyard has a patio cover, and there are multiple fruit trees growing in the backyard such as: avocados, grapefruit and tangerines. The property is within walking distance of an Elementary School and Middle School. It is a quiet and nice neighborhood, with a large garage that allows direct access to the kitchen. Furthermore, being situated in the heart of Anaheim means you'll have easy access to an array of amenities and attractions. From world-class entertainment venues like Disneyland, Knotts and Angel Stadium, to a multitude of shopping, dinning, and recreational options. This clean property offers an enviable lifestyle that caters to all your needs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,366 | 1,502 | 38% |
| Lot Size | 7,841 | 7,300 | 77% |
| Price | $1.10M | $980.0K | 69% |
| Price per sq ft | $805 | $641 | 92% |
| Built year | 1956 | 1956 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 136 | 157 | 40% |
Pricing History
Listed for Sale
Oct 22, 2025
$1,099,000
Initial Listing