518 Massachusetts, Placentia, California 92870, Placentia, 92870 - 2 bed, 2 bath
Loading property details...
518 Massachusetts
Placentia, California 92870
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
2Baths
1,360Sq Ft
3,800Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$775,000
3% BelowMARKET VALUE
SUMMARY
This Single-Story Detached Home is a Strong Value Opportunity, listed at $750,000—positioned well below the $775,000 Fair Market Value by 3%. This valuation gap offers $25,000 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern stainless steel appliances and updated flooring. Residents enjoy community amenities like a pool and tennis courts within the Placentia-Yorba Linda Unified School District. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Estimated Market Value
$775,000+$25,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Placentia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 Massachusetts Subject 2 bd · 2 ba · 1,360 sqft · $570 | $750,000* List Price | 2 | 2 | 1,360 | $570 | - |
A 618 Mount Vernon Sold 3 bd · 2 ba · 1,601 sqft · $562 · 0.1 mi | $900,000 | 3 | 2 | 1,601 | $562 | 0.1 mi |
B 1213 Eckenrode Sold 3 bd · 2 ba · 1,272 sqft · $708 · 0.9 mi | $900,000 | 3 | 2 | 1,272 | $708 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1977, the property shows clear signs of a mid-term renovation (estimated 5-15 years). It features updated laminate and tile flooring, modern light fixtures, and stainless steel appliances. The interior is well-maintained, freshly painted, and move-in ready, though some dated elements like popcorn ceilings remain.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Single-Story Layout
This detached single-story home features vaulted ceilings and a wide-open floor plan, offering an airy and accessible living space that is highly sought after by a variety of buyers.
- Comprehensive HOA Benefits
The association fee provides exceptional value by covering roof maintenance and WiFi, in addition to community amenities like a pool, spa, and tennis courts.
- Prime Location and Education
Located within the highly-regarded Placentia-Yorba Linda Unified School District, the property offers excellent freeway access and is within walking distance of the local library.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may appeal to a narrower demographic compared to the three-bedroom homes typically preferred by growing families in this area.
- Market Momentum
A recent price reduction from $775,000 to $750,000 within the first 17 days indicates the property is still searching for its market equilibrium to attract a firm offer.
About 518 Massachusetts
Welcome to Granada Park, a gated community in Placentia! This single-story detached home offers 2 bedrooms, 2 full baths, and approximately 1,360 sq ft of living space. The wide-open floor plan features vaulted ceilings that create a bright, airy feel throughout. The kitchen has stainless steel appliances and flows into the main living area. The large primary bedroom also has a vaulted ceiling. A 2-car garage provides parking and extra storage. Community amenities include a pool, spa, and two tennis courts, and HOA dues include roof coverage and WiFi. The location offers quick access to the 57 and 91 freeways, and the Placentia Library is about 1/4 mile away. The home is within the Placentia-Yorba Linda Unified School District. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 3,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $386.0 / Month
Neighborhood Insights
Placentia Unified Schools
Morse Avenue Elementary School
Grades K-6 • 0.6 mi
5/10
Kraemer Middle School
Grades 7-8 • 0.2 mi
6/10
Valencia High School
Grades 9-12 • 0.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,360 | 1,969.55 |
| Lot Size | 3,800 | 7,089.325 |
| Price | $750.0K | $1.21M |
| Price per sq ft | $551 | $619 |
| Built year | 1977 | 1970 |
| HOA | $386.0 | $237 |
| Days on market | 29 | 43 |
Pricing History
Listed for Sale
Oct 10, 2026
$750,000
$775,000
-3% Price Drop
Initial Listing
Price Change
Sep 26, 2026
$775,000
Initial Listing
Sold
Oct 23, 2018
$532,000
Public Record