507 W 17th, San Bernardino, California 92405, San Bernardino, 92405 - 3 bed, 3 bath
ACTIVE$619,000
507 W 17th, San Bernardino, California 92405
3Beds
3Baths
1,813Sqft
12,480Lot
Price Vs. Estimate
The estimated value ($570,959.93) is $48,040.07 (7%) lower than the list price ($619,000). 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 = 12480, living area = 1813.
Top Cons:
Converted Garage: The garage has been converted into a storage area, eliminating dedicated covered parking for vehicles and potentially requiring conversion back for traditional use.
Compared to the nearby listings
Price:$619.0K vs avg $477.0K (+$142,000)93%
Size:1,813 sqft vs avg 1,246 sqft85%
Price/sqft:$341 vs avg $37139%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property has received significant cosmetic updates, including renovated kitchens and bathrooms with subway tile, updated vanities, and newer stainless steel appliances. The flooring throughout is varied but appears updated, and recessed lighting has been installed. While these updates make the home move-in ready, the overall style and varied flooring suggest these renovations were likely completed more than 15 years ago, and not a full, recent overhaul. The age of the property implies that major underlying systems (electrical, plumbing, HVAC) may still be older, and the exterior and landscaping require attention. It is maintained and functional but shows signs of being outdated in some aspects due to its age and the nature of the renovations.
Year Built
1920
Close
-
List price
$619K
Original List price
$644K
Price/Sqft
$341
HOA
-
Days on market
-
Sold On
-
MLS number
GD25242188
Home ConditionFair
Features
View-
About this home
Beautiful Two-Story Home on a large 12,480 Sq. Ft. corner Lot. Featuring a large living room, large dining area, and large kitchen, this home is ideal for big families. There are 3 bedrooms upstairs with its own bathroom. The huge lot provides opportunities for future development or potential multi-unit construction (buyer to verify with the city regarding zoning and permits). Enjoy the large front and back yards, perfect for entertaining or outdoor activities. The long, wide driveway offers lots of parking, and the garage has been converted into a storage area. Seller credits are available — contact us today for exciting details and to discuss financing options.
Condition Rating
Fair
Built in 1920, this property has received significant cosmetic updates, including renovated kitchens and bathrooms with subway tile, updated vanities, and newer stainless steel appliances. The flooring throughout is varied but appears updated, and recessed lighting has been installed. While these updates make the home move-in ready, the overall style and varied flooring suggest these renovations were likely completed more than 15 years ago, and not a full, recent overhaul. The age of the property implies that major underlying systems (electrical, plumbing, HVAC) may still be older, and the exterior and landscaping require attention. It is maintained and functional but shows signs of being outdated in some aspects due to its age and the nature of the renovations.
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 = 12480, living area = 1813.
Large Corner Lot with Development Potential: The property boasts a substantial 12,480 sq. ft. corner lot, offering significant potential for future development or multi-unit construction, subject to city verification.
Spacious Living Areas: Featuring a large living room, dining area, and kitchen, the home provides ample space ideal for large families and entertaining.
Ample Parking and Outdoor Space: A long, wide driveway accommodates numerous vehicles, complemented by large front and back yards perfect for outdoor activities and gatherings.
Private En-suite Bathrooms: All three upstairs bedrooms benefit from their own private bathrooms, enhancing convenience and privacy for residents.
Seller Incentives: The availability of seller credits and financing options presents an attractive incentive for potential buyers, potentially easing the purchase process.
Cons
Converted Garage: The garage has been converted into a storage area, eliminating dedicated covered parking for vehicles and potentially requiring conversion back for traditional use.
Age of Property: Built in 1920, the home's age may imply a need for updated systems, potential deferred maintenance, or significant renovation to meet contemporary living standards.
Price History and Valuation Discrepancy: Multiple price reductions since its original listing, coupled with a current list price 9% above the estimated property value, suggest potential overpricing or challenges in market appeal.