527 W Palm Avenue, Redlands, California 92373, Redlands, 92373 - 4 bed, 3 bath
ACTIVE$754,900
527 W Palm Avenue, Redlands, California 92373
4Beds
3Baths
1,692Sqft
10,800Lot
Price Vs. Estimate
The estimated value ($689,395.82) is $65,504.18 (8%) lower than the list price ($754,900). 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 = 10800, living area = 1692.
Top Cons:
Significant Square Footage Discrepancy: A notable difference exists between the described living space (2,484 sq ft) and the listed square footage (1,692 sq ft), which requires clarification and could impact valuation.
Compared to the nearby listings
Price:$754.9K vs avg $822.0K ($-67,100)42%
Size:1,692 sqft vs avg 2,090 sqft28%
Price/sqft:$446 vs avg $38875%
More Insights
Built in 1928 (97 years old).
Condition: Built in 1928, the property shows signs of regular maintenance but has not undergone a recent comprehensive renovation. The kitchen features dated white cabinets and countertops, while the bathroom has an older wood vanity and tile. Many rooms have older carpeting, dated light fixtures, and some areas exhibit very outdated wallpaper and wood paneling. While functional, the home requires significant cosmetic updates to meet current aesthetic standards.
Year Built
1928
Close
-
List price
$755K
Original List price
$765K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
IG25163232
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood
About this home
Dive Into South Redlands Living! Step into your private pool paradise and explore the expansive front and backyard on this large 10,800 sq ft lot. This two-story home offers 4 bedrooms, 3 bathrooms, and a first-floor primary suite with office nook, perfectly blending comfort, style, and functionality. With 2,484 sq ft of living space, it’s ideal for entertaining, relaxing, and making memories. You have to see it in person to truly experience it, schedule your private tour today!
Condition Rating
Fair
Built in 1928, the property shows signs of regular maintenance but has not undergone a recent comprehensive renovation. The kitchen features dated white cabinets and countertops, while the bathroom has an older wood vanity and tile. Many rooms have older carpeting, dated light fixtures, and some areas exhibit very outdated wallpaper and wood paneling. While functional, the home requires significant cosmetic updates to meet current aesthetic standards.
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 = 10800, living area = 1692.
Exceptional Outdoor Living: Features a private pool and an expansive 10,800 sq ft lot, ideal for recreation, gardening, and entertaining.
Desirable Layout & Functionality: Offers a convenient first-floor primary suite with an integrated office nook, catering to modern living and work-from-home needs.
Generous Bedroom/Bathroom Count: Provides 4 bedrooms and 3 bathrooms, accommodating larger families or guests.
Scenic Views & Reputable School District: Boasts mountain and neighborhood views, located within the highly-regarded Redlands Unified School District.
Motivated Seller (Price Adjustment): A recent price reduction indicates potential flexibility and a more attractive entry point for buyers.
Cons
Significant Square Footage Discrepancy: A notable difference exists between the described living space (2,484 sq ft) and the listed square footage (1,692 sq ft), which requires clarification and could impact valuation.
Age of Property & Potential for Updates: Built in 1928, the home is nearly a century old, suggesting potential for outdated systems, deferred maintenance, or the need for significant modernization.
Overpriced Relative to Market Estimate: The current listing price is 8% above the property's estimated value, potentially making it less competitive in the market.