518 Sheree, Placentia, California 92870, Placentia, 92870 - 4 bed, 2 bath
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Placentia, California 92870
This Inviting Single-Story Residence is a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,082,135 Fair Market Value by 7%. This valuation gap provides $82,135 in Instant Equity for the incoming buyer. Holding a Well-Maintained Condition Rating, the home features Solar Panels, updated HVAC systems, and a Private Patio on a generous cul-de-sac lot. Located in the prestigious Placentia-Yorba Linda Unified School District near CSUF, it perfectly balances immediate lifestyle comfort with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 Sheree Subject | $1,000,000* List Price | 4 | 2 | 1,687 | $641 | - |
A 904 Aquamarine Sold | $1,098,000 | 4 | 2 | 1,522 | $721 | 0.2 mi |
B 220 E Madison Sold | $1,000,000 | 4 | 3 | 2,046 | $489 | 0.5 mi |
C 1714 Sierra Bonita Sold | $1,200,000 | 3 | 2 | 1,635 | $734 | 0.8 mi |
D 1708 Canard Active Under Contract | $1,180,000 List Price | 4 | 2 | 1,570 | $752 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1958 but well-maintained and move-in ready. Key systems are updated, including the AC, furnace, and water heater, plus the addition of solar panels. While the kitchen and bathrooms are functional and clean with modern stainless appliances, the tile countertops and cabinetry are dated and reflect an older renovation style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7938, living area = 1687.
Situated on a quiet cul-de-sac bordering Fullerton and near CSUF, the property features a generous 7,938 sq. ft. flat lot providing excellent privacy and outdoor potential.
The home is equipped with valuable upgrades including solar panels, a water softener, a newer water heater, and updated AC and furnace systems for improved utility savings and comfort.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1958, the home retains some original features like the brick fireplace, which may require additional investment for buyers seeking a fully modernized aesthetic.
With four bedrooms distributed across 1,678 square feet, individual room sizes or common areas may feel somewhat constrained for larger families.
Tucked away on a quiet cul-de-sac bordering Fullerton, this inviting single-story home offers 4 bedrooms, 1,678 square feet of living space, and a generous 7,938 square foot flat lot. Located just minutes from California State University, Fullerton, with easy access to major freeways, shopping, and dining, the home blends everyday convenience with a peaceful residential setting. Filled with natural light, the home features a thoughtful split-bedroom layout with a private primary suite set apart from the additional bedrooms. The fourth bedroom, currently used as an office, includes recessed lighting and pleasant neighborhood views. The heart of the home offers spacious kitchen and dining areas, complemented by a charming original brick fireplace. The family room opens seamlessly to the backyard through double French doors, creating an ideal indoor-outdoor flow for entertaining or relaxing. Additional highlights include solar panels, a water softener, newer water heater, and updated AC and furnace. A separate laundry room with side yard access provides flexibility, while the side yard itself offers potential for additional outdoor living space. The backyard is neatly maintained for easy upkeep. Offering a combination of comfort, location, and opportunity, this home is ready to be enjoyed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,687 | 2,068 | 24% |
| Lot Size | 7,938 | 7,000 | 75% |
| Price | $1.00M | $1.31M | 15% |
| Price per sq ft | $593 | $634 | 37% |
| Built year | 1958 | 1971 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 153 | 1% |
Apr 9, 2026
$1,000,000
Initial Listing
Jul 29, 2003
$400,000
Public Record