5979 Elmwood, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 1 bath

5979 Elmwood, San Bernardino, California 92404 home-pic-0
ACTIVE$469,000
5979 Elmwood, San Bernardino, California 92404
3Beds
1Bath
936Sqft
7,800Lot

Price Vs. Estimate

The estimated value ($444,845.98) is $24,154.02 (5%) lower than the list price ($469,000). 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 = 7800, living area = 936.
Top Cons:
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present practical challenges for families or multiple occupants, potentially impacting daily convenience and broad market appeal.

Compared to the nearby listings

Price:$469.0K vs avg $505.0K ($-36,000)34%
Size:936 sqft vs avg 1,370 sqft10%
Price/sqft:$501 vs avg $36193%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone a recent and extensive remodel, as explicitly stated in the description ('Newly remodeled house with new appliances, new air conditioning, new water softener system, new solar system, new water heater'). The images confirm this with a fully renovated, modern bathroom featuring new vanity, fixtures, and tiling. The kitchen boasts new appliances, granite countertops, and updated cabinetry, all in excellent condition. New wood-look laminate flooring and fresh paint are visible throughout the home, indicating a comprehensive update. All major systems are new, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with virtually new components and no deferred maintenance.
Year Built
1955
Close
-
List price
$469K
Original List price
$579K
Price/Sqft
$501
HOA
-
Days on market
-
Sold On
-
MLS number
ND25139160
Home ConditionExcellent
Features
Patio
View-

About this home

Newly remodeled house with new appliances ,new air conditioning, new water sofetner system ,new solar system , new water heater , back yard with firepit close to free way ,close to stores and banks

Nearby schools

3/10
Hunt Elementary School
Public,K-50.5mi
3/10
Del Rosa Elementary School
Public,K-60.6mi
2/10
Barton Elementary School
Public,K-60.9mi
5/10
Belvedere Elementary School
Public,K-61.1mi
2/10
Del Vallejo Middle School
Public,6-80.3mi
4/10
Serrano Middle School
Public,7-81.8mi
3/10
Pacific High School
Public,9-121.4mi
5/10
San Gorgonio High School
Public,9-121.4mi
Condition Rating
Excellent

Despite being built in 1955, this property has undergone a recent and extensive remodel, as explicitly stated in the description ('Newly remodeled house with new appliances, new air conditioning, new water softener system, new solar system, new water heater'). The images confirm this with a fully renovated, modern bathroom featuring new vanity, fixtures, and tiling. The kitchen boasts new appliances, granite countertops, and updated cabinetry, all in excellent condition. New wood-look laminate flooring and fresh paint are visible throughout the home, indicating a comprehensive update. All major systems are new, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with virtually new components and no deferred maintenance.
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 = 7800, living area = 936.
Extensive Modern Upgrades: The property has undergone a comprehensive recent remodel, featuring new appliances, air conditioning, water softener system, solar system, and water heater, ensuring modern comfort and reduced immediate maintenance for the buyer.
Enhanced Energy Efficiency: The inclusion of a new solar system, air conditioning, and water heater significantly contributes to energy efficiency, promising lower utility costs for the future homeowner.
Outdoor Entertainment Feature: The backyard is equipped with a firepit, providing an attractive and ready-to-use space for outdoor entertaining and relaxation.
Convenient Location: Strategically located close to the freeway, stores, and banks, the property offers excellent accessibility and convenience for daily errands and commuting.
Competitive Pricing Strategy: A notable price reduction from the original listing price positions the property more competitively in the current market, potentially attracting value-conscious buyers.

Cons

Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present practical challenges for families or multiple occupants, potentially impacting daily convenience and broad market appeal.
Compact Interior Space: The 936 square feet of living space for a 3-bedroom home is relatively small, which might limit its appeal to buyers seeking more spacious accommodations.
Potential Overpricing Relative to Estimate: The current listing price is higher than the automated property estimation, which could lead to appraisal challenges or suggest a less competitive market position.

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