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5686 Panama Drive, Buena Park, California 90620, Buena Park, 90620 - 3 bed, 2 bath

5686 Panama Drive, Buena Park, California 90620 home-pic-0
ACTIVE$940,888
5686 Panama Drive, Buena Park, California 90620
3Beds
2Baths
1,341Sqft
6,800Lot

Price Vs. Estimate

The estimated value ($940,888) is $0 (0%) lower than the list price ($940,888). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in Buena Park’s most desirable neighborhood, the property offers exceptional convenience, being minutes from major attractions like Knott’s Berry Farm, Porto’s Bakery, The Source OC, top-rated schools, and freeway access.
Top Cons:
Property Age: Built in 1958, the home's age may imply potential for older underlying infrastructure (e.g., plumbing, electrical) that might not have been updated, despite recent cosmetic and AC improvements.

Compared to the nearby listings

Price:$940.9K vs avg $925.0K (+$15,888)59%
Size:1,341 sqft vs avg 1,418 sqft37%
Price/sqft:$702 vs avg $63376%

More Insights

Built in 1958 (67 years old).
Condition: This property, built in 1958, has undergone significant recent updates that elevate its condition to 'Good'. The kitchen was remodeled less than a year ago, featuring modern white shaker cabinets, new stainless steel appliances (excluding the refrigerator), contemporary backsplash, and recessed lighting, making it virtually new and highly appealing. The AC system is also new (2 years old), and the exterior has fresh paint. While the house is move-in ready and well-maintained, the bathroom, though clean and functional, appears to be an older renovation or a more basic recent update, not matching the 'virtually new' standard of the kitchen. The tiled flooring in the main living areas and kitchen, while clean, has a pattern that might be considered slightly dated, and some bedroom ceiling fans also appear older. These elements, along with the property's original build year, prevent it from achieving an 'Excellent' score, but the extensive recent updates to key areas like the kitchen and AC firmly place it in the 'Good' category.
Year Built
1958
Close
-
List price
$941K
Original List price
$950K
Price/Sqft
$702
HOA
-
Days on market
-
Sold On
-
MLS number
PW25155552
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to your next chapter in the heart of Buena Park’s most desirable neighborhood. This beautifully updated home is full of charm, comfort, and thoughtful upgrades designed for everyday living and effortless entertaining. 3 Bedrooms | 2 Bathrooms | 1,341 Sq Ft Inside, you’ll find a light-filled layout featuring a remodeled kitchen (less than a year old), plenty of pantry space, flowing into a spacious dining room with double doors that open to the backyard — creating the perfect indoor-outdoor experience. Step outside to a generously sized backyard with lush landscaping, a covered patio, and plenty of room to host, garden, or relax under the SoCal sun. The primary suite also offers private exterior access, making it easy to enjoy your morning coffee outdoors or wind down in the evening. Other highlights include a 2-year-old AC system, fresh exterior paint, interior garage access, and a roomy 2-car garage with additional driveway and street parking. Located minutes from Knott’s Berry Farm, Porto’s Bakery, The Source OC, top-rated schools, and freeway access — location, lifestyle, and livability all come together here.

Price History

Date
Event
Price
06/30/95
Sold
$140,000
02/28/02
Sold
$240,000
Condition Rating
Good
This property, built in 1958, has undergone significant recent updates that elevate its condition to 'Good'. The kitchen was remodeled less than a year ago, featuring modern white shaker cabinets, new stainless steel appliances (excluding the refrigerator), contemporary backsplash, and recessed lighting, making it virtually new and highly appealing. The AC system is also new (2 years old), and the exterior has fresh paint. While the house is move-in ready and well-maintained, the bathroom, though clean and functional, appears to be an older renovation or a more basic recent update, not matching the 'virtually new' standard of the kitchen. The tiled flooring in the main living areas and kitchen, while clean, has a pattern that might be considered slightly dated, and some bedroom ceiling fans also appear older. These elements, along with the property's original build year, prevent it from achieving an 'Excellent' score, but the extensive recent updates to key areas like the kitchen and AC firmly place it in the 'Good' category.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in Buena Park’s most desirable neighborhood, the property offers exceptional convenience, being minutes from major attractions like Knott’s Berry Farm, Porto’s Bakery, The Source OC, top-rated schools, and freeway access.
Extensive Recent Upgrades: The home boasts significant recent improvements, including a remodeled kitchen (less than a year old), a 2-year-old AC system, and fresh exterior paint, ensuring modern comfort and reduced immediate maintenance.
Excellent Indoor-Outdoor Flow: Designed for effortless entertaining, the spacious dining room features double doors opening to a generously sized backyard with lush landscaping and a covered patio, complemented by private exterior access from the primary suite.
Ample Parking: The property provides practical parking solutions with a roomy 2-car garage, additional driveway space, and readily available street parking.
Charming & Well-Maintained: Described as a beautifully updated home, it exudes charm and comfort with thoughtful upgrades, making it appealing for everyday living and entertaining.

Cons

Property Age: Built in 1958, the home's age may imply potential for older underlying infrastructure (e.g., plumbing, electrical) that might not have been updated, despite recent cosmetic and AC improvements.
Modest Interior Square Footage: At 1,341 sq ft, the interior living space is relatively modest for a 3-bedroom, 2-bathroom home, which might be a consideration for buyers seeking more expansive living areas, especially given the 6,800 sq ft lot.
Listing Price vs. Estimation: The current listing price of $940,888 is slightly above the property's estimated value of $923,691.395, which could influence buyer perception of value and potential negotiation.

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