521 Bond, Redlands, California 92373, Redlands, 92373 - 4 bed, 2 bath
ACTIVE$549,900
521 Bond, Redlands, California 92373
4Beds
2Baths
1,508Sqft
9,170Lot
Price Vs. Estimate
The estimated value ($469,703.83) is $80,196.17 (14%) lower than the list price ($549,900). 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 = 9170, living area = 1508.
Top Cons:
Requires Significant Renovation: Explicitly stated as needing 'TLC' and being a 'Diamond in the Rough,' indicating substantial investment in updates and modernization will be required.
Compared to the nearby listings
Price:$549.9K vs avg $822.0K ($-272,100)8%
Size:1,508 sqft vs avg 2,090 sqft23%
Price/sqft:$365 vs avg $38735%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property is 51 years old and shows clear signs of having no major renovations in the past 30-50 years. The kitchen features original or very early 70s/80s yellow appliances, yellow laminate countertops, and dated wood cabinets. The bathroom has an old vanity, a severely deteriorated mirror, and a dated shower enclosure. The overall aesthetic, including popcorn ceilings and older flooring, is extremely outdated. The listing description explicitly states it's a 'Diamond in the Rough' needing 'TLC' and 'significant renovation,' indicating substantial repairs and rehabilitation are required for major components and aesthetics.
Year Built
1973
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$365
HOA
-
Days on market
-
Sold On
-
MLS number
IV25241915
Home ConditionPoor
Features
Pool
Patio
ViewNeighborhood
About this home
Diamond in the Rough – Great Potential in a Prime Location! This single-story home offers 4 bedrooms, 2 bathrooms, and plenty of potential to make it your own. Situated on a spacious 0.21-acre lot with no homes directly across, this property features a swimming pool, fireplace, and an attached 2-car garage—a solid foundation for your dream home or next investment project. With a little TLC, this home could truly shine! Conveniently located near shopping, dining, parks, and the 10 freeway, plus so much more. Don’t miss the opportunity to transform this hidden gem into something special!
Condition Rating
Poor
Built in 1973, this property is 51 years old and shows clear signs of having no major renovations in the past 30-50 years. The kitchen features original or very early 70s/80s yellow appliances, yellow laminate countertops, and dated wood cabinets. The bathroom has an old vanity, a severely deteriorated mirror, and a dated shower enclosure. The overall aesthetic, including popcorn ceilings and older flooring, is extremely outdated. The listing description explicitly states it's a 'Diamond in the Rough' needing 'TLC' and 'significant renovation,' indicating substantial repairs and rehabilitation are required for major components and aesthetics.
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 = 9170, living area = 1508.
Prime Location: Conveniently located near shopping, dining, parks, and the 10 freeway, offering excellent accessibility and desirability.
Spacious Lot: Situated on a generous 0.21-acre lot with no homes directly across, providing enhanced privacy and outdoor space.
Private Swimming Pool: Features a private swimming pool, a highly desirable amenity that adds value and recreational appeal.
Strong Renovation Potential: Described as a 'Diamond in the Rough' with 'plenty of potential' to customize, making it ideal for buyers seeking to create their dream home or for investors.
Functional Layout & Core Features: Offers a practical single-story layout with 4 bedrooms, 2 bathrooms, a fireplace, and an attached 2-car garage, providing a solid foundation.
Cons
Requires Significant Renovation: Explicitly stated as needing 'TLC' and being a 'Diamond in the Rough,' indicating substantial investment in updates and modernization will be required.
Dated Systems and Aesthetics: Built in 1973, the property likely has original or outdated systems (electrical, plumbing, HVAC) and finishes, which will require costly upgrades to meet modern standards.
Potential for Immediate Costs: The need for 'TLC' suggests that the property may not be move-in ready without immediate repairs or upgrades, adding to the initial cost of ownership beyond the purchase price.