594 Hyacinth Road, San Jacinto, California 92582, San Jacinto, 92582 - 4 bed, 3 bath
ACTIVE$515,000
594 Hyacinth Road, San Jacinto, California 92582
4Beds
3Baths
2,765Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($352,442.735) is $162,557.265 (31%) lower than the list price ($515,000). This property may be overpriced.
Key pros and cons
Top Pros:
Modern Construction: Built in 2005, the property offers relatively modern construction standards and design, potentially reducing immediate major maintenance concerns compared to older homes.
Top Cons:
Condition Requiring Investment: The property explicitly 'Needs some TLC,' indicating that a buyer should anticipate immediate and potentially significant costs for repairs, renovations, and upgrades.
Compared to the nearby listings
Price:$515.0K vs avg $525.0K ($-10,000)46%
Size:2,765 sqft vs avg 2,081.5 sqft93%
Price/sqft:$186 vs avg $2535%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, this property is relatively new, but the listing description 'Needs some TLC' is strongly supported by the images. The kitchen is incomplete, with missing upper cabinets and no visible stove, microwave, or dishwasher, making it non-functional. While the laminate flooring appears decent, carpets in other areas show significant wear. The landscaping is neglected. These issues, particularly the non-functional kitchen, require substantial repairs and rehabilitation to make the home livable and move-in ready, pushing it into the 'poor' condition category despite its younger age.
Year Built
2005
Close
-
List price
$515K
Original List price
$450K
Price/Sqft
$186
HOA
-
Days on market
-
Sold On
-
MLS number
DW25034358
Home ConditionPoor
Features
View-
About this home
Short Sale - Needs some TLC
Condition Rating
Poor
Built in 2005, this property is relatively new, but the listing description 'Needs some TLC' is strongly supported by the images. The kitchen is incomplete, with missing upper cabinets and no visible stove, microwave, or dishwasher, making it non-functional. While the laminate flooring appears decent, carpets in other areas show significant wear. The landscaping is neglected. These issues, particularly the non-functional kitchen, require substantial repairs and rehabilitation to make the home livable and move-in ready, pushing it into the 'poor' condition category despite its younger age.
Pros & Cons
Pros
Modern Construction: Built in 2005, the property offers relatively modern construction standards and design, potentially reducing immediate major maintenance concerns compared to older homes.
Generous Living Space: With 4 bedrooms, 3 bathrooms, and 2765 sqft, the property provides ample living space suitable for larger families or those desiring extra room.
Desirable Property Type: As a single-family residence on a decent 7405 sqft lot, it aligns with strong market preferences for detached homes with outdoor space.
Potential for Value Acquisition: Being a short sale, it presents an opportunity for a savvy buyer to acquire a substantial property, potentially below market value after negotiation, especially considering the original list price was closer to the estimated value.
Location in Growing Area: Situated in San Jacinto, within the developing Southwest Riverside County, the property benefits from a region with potential for future appreciation and community growth.
Cons
Condition Requiring Investment: The property explicitly 'Needs some TLC,' indicating that a buyer should anticipate immediate and potentially significant costs for repairs, renovations, and upgrades.
Complex Short Sale Process: As a short sale, the transaction process is typically more protracted, involves multiple parties (lenders), and carries a higher risk of complications or falling through compared to a standard sale.
Potential Overpricing: The current list price of $515,000 is notably above the property's estimated value of $448,240.97, which, combined with the 'needs TLC' condition, suggests it may be overpriced for its current state.