583 W G Street, Colton, California 92324, Colton, 92324 - 4 bed, 2 bath
ACTIVE$510,000
583 W G Street, Colton, California 92324
4Beds
2Baths
1,008Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($251,068.005) is $258,931.995 (50%) lower than the list price ($510,000). 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 = 7500, living area = 1008.
Top Cons:
Significant Overpricing Relative to Estimated Value: The listing price of $510,000 is substantially higher than the estimated property value of $251,068, indicating a potential overvaluation of 50%.
Compared to the nearby listings
Price:$510.0K vs avg $511.5K ($-1,500)50%
Size:1,008 sqft vs avg 1,344 sqft21%
Price/sqft:$506 vs avg $36390%
More Insights
Built in 1928 (97 years old).
Condition: This 1928-built home has undergone significant and recent updates, particularly in the kitchen and flooring, making it move-in ready. The kitchen features modern grey shaker cabinets, white quartz countertops, subway tile backsplash, and modern appliances, aligning with current quality standards. The laminated wood-style flooring throughout the main living areas and bedrooms appears new and well-maintained. While the bathroom shows some updates (e.g., light fixture), the vanity and tile appear older, and a visible window AC unit suggests the absence of central HVAC, indicating some systems may not be fully modernized. However, the property is described as 'very well-maintained' and the key living spaces have been extensively renovated, fitting the 'Good' criteria of being move-in ready with updated components, even if not a full, top-to-bottom renovation of all systems.
Year Built
1928
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
CV25092071
Home ConditionGood
Features
Patio
View-
About this home
HOME SWEET HOME TO CALL YOUR OWN! This lovely single-family residence in the City of Colton features 4 Bedrooms, 2 bathrooms, and a laundry room. The home features a desirable open floor plan, an upgraded kitchen with modern amenities. The flooring is laminated wood style, and neutral colors are used throughout. The kitchen opens up to the family room, which would be great for entertaining. The spacious backyard allows for so many creative ideas! NO HOA. A very well-maintained home.
Condition Rating
Good
This 1928-built home has undergone significant and recent updates, particularly in the kitchen and flooring, making it move-in ready. The kitchen features modern grey shaker cabinets, white quartz countertops, subway tile backsplash, and modern appliances, aligning with current quality standards. The laminated wood-style flooring throughout the main living areas and bedrooms appears new and well-maintained. While the bathroom shows some updates (e.g., light fixture), the vanity and tile appear older, and a visible window AC unit suggests the absence of central HVAC, indicating some systems may not be fully modernized. However, the property is described as 'very well-maintained' and the key living spaces have been extensively renovated, fitting the 'Good' criteria of being move-in ready with updated components, even if not a full, top-to-bottom renovation of all systems.
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 = 7500, living area = 1008.
Upgraded Kitchen & Modern Finishes: The home features an upgraded kitchen with modern amenities, laminated wood style flooring, and neutral colors throughout, offering a move-in ready aesthetic.
Functional Open Floor Plan: The desirable open floor plan, with the kitchen opening to the family room, is ideal for entertaining and modern living.
Generous Lot with Development Potential: The spacious 7500 sqft backyard allows for creative ideas, suggesting potential for landscaping, expansion, or an Accessory Dwelling Unit (ADU).
No Homeowners Association (HOA): The absence of an HOA is a significant advantage, saving buyers from additional monthly fees and restrictive covenants.
Well-Maintained Condition: Described as a 'very well-maintained home,' implying fewer immediate repair concerns for a prospective buyer.
Cons
Significant Overpricing Relative to Estimated Value: The listing price of $510,000 is substantially higher than the estimated property value of $251,068, indicating a potential overvaluation of 50%.
Older Home with Potential for System Updates: Built in 1928, the property is nearly a century old. While well-maintained, older homes often require ongoing maintenance or updates to major systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as new.
Compact Interior Space for Bedroom Count: With 4 bedrooms and 2 bathrooms in only 1008 sqft, the interior living space and individual room sizes may feel constrained, potentially limiting comfort or appeal for some buyers.