554 W Mariposa, Rialto, California 92376, Rialto, 92376 - 4 bed, 2 bath
ACTIVE$500,000
554 W Mariposa, Rialto, California 92376
4Beds
2Baths
1,459Sqft
10,719Lot
Price Vs. Estimate
The estimated value ($536,395.555) is $36,395.555 (7%) higher than the list price ($500,000). This property may be underpriced.
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 = 10719, living area = 1459.
Top Cons:
Significant Price Discrepancy: The current list price of $500,000 is notably lower than its last recorded sale price of $565,000 in January 2023, which may raise questions about its current market value or condition.
Compared to the nearby listings
Price:$500.0K vs avg $565.0K ($-65,000)22%
Size:1,459 sqft vs avg 1,485 sqft48%
Price/sqft:$343 vs avg $37128%
More Insights
Built in 1988 (37 years old).
Condition: The property, built in 1988, presents as move-in ready due to significant updates in key areas. The kitchen features modern white shaker cabinets, clean white countertops, and updated appliances including a stainless steel range hood, indicating a recent renovation within the last 5-10 years. Both bathrooms have been 'tastefully remodeled a few years ago,' with updated vanities and fixtures, although some elements like the shower tiles appear slightly older. While the home retains some original features such as popcorn ceilings and a brick fireplace, the fresh paint, updated flooring (laminate and clean carpet), and central A/C contribute to a well-maintained and functional living space. The recent renovations in the kitchen and bathrooms, combined with overall good upkeep, align with the 'Good' condition criteria for a property of its age.
Year Built
1988
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$343
HOA
-
Days on market
-
Sold On
-
MLS number
IG25245854
Home ConditionGood
Features
ViewNeighborhood
About this home
Welcome to 554 W Mariposa Dr, Rialto! This charming 4 bed 2 bath single story home located on a quiet cul-de-sac in a peaceful neighborhood. The bright, open layout flows perfectly for everyday living and entertaining. Both bathrooms have been tastefully remodeled a few years ago, and all bedrooms offer comfort and natural light. Enjoy a spacious 10,700+ sq ft lot ideal for family gatherings, gardening, or adding future outdoor upgrades. Includes a 2-car attached garage, central A/C, and close proximity to schools, parks, shopping, and freeway access all while being cut de sac! Perfect as a first-time buyer’s dream home or a great investment opportunity. Don’t miss this move in ready gem schedule your private showing today!
Price History
Date
Event
Price
01/19/23
Sold
$565,000
Condition Rating
Good
The property, built in 1988, presents as move-in ready due to significant updates in key areas. The kitchen features modern white shaker cabinets, clean white countertops, and updated appliances including a stainless steel range hood, indicating a recent renovation within the last 5-10 years. Both bathrooms have been 'tastefully remodeled a few years ago,' with updated vanities and fixtures, although some elements like the shower tiles appear slightly older. While the home retains some original features such as popcorn ceilings and a brick fireplace, the fresh paint, updated flooring (laminate and clean carpet), and central A/C contribute to a well-maintained and functional living space. The recent renovations in the kitchen and bathrooms, combined with overall good upkeep, align with the 'Good' condition criteria for a property of its age.
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 = 10719, living area = 1459.
Desirable Location: Situated on a quiet cul-de-sac in a peaceful neighborhood with convenient proximity to schools, parks, shopping, and freeway access.
Spacious Lot Size: Features a generous 10,700+ sq ft lot, offering ample space for outdoor activities, gardening, or future expansion and upgrades.
Updated & Move-in Ready: Both bathrooms have been tastefully remodeled, and the property is described as 'move-in ready,' reducing immediate buyer expenses and effort.
Functional Layout & Amenities: Boasts a bright, open layout, includes central A/C for comfort, and a practical 2-car attached garage.
Broad Market Appeal: Marketed as an ideal opportunity for both first-time homebuyers and investors, indicating versatility and potential demand.
Cons
Significant Price Discrepancy: The current list price of $500,000 is notably lower than its last recorded sale price of $565,000 in January 2023, which may raise questions about its current market value or condition.
Property Age & System Lifespan: Built in 1988, the property is over 35 years old, suggesting that major systems like roofing, plumbing, or electrical (beyond the A/C unit) may be original or nearing the end of their expected lifespan, potentially requiring future capital investment.
Compact Interior for Bedroom Count: With 4 bedrooms in 1459 sq ft, the individual room sizes or overall living areas might be perceived as compact by some buyers seeking more expansive interior space.