6449 Larry Way, North Highlands, CA 95660, North Highlands, 95660 - 3 bed, 1 bath
ACTIVE$400,000$1,330/sqft
Est. Value: $313,548
-21%
AboveEstimate
6449 Larry Way, North Highlands, CA 95660
3Beds
1Bath
1,330Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($313,547.61) is $86,452.39 (21%) lower than the list price ($400,000). This property may be overpriced.
Key pros and cons
Top Pros:
No Homeowners Association (HOA) Fees: The absence of HOA fees provides financial flexibility and avoids additional monthly costs for the homeowner, enhancing affordability.
Top Cons:
Limited Bathroom Count: The presence of only one bathroom for a three-bedroom home can be a significant inconvenience for families or multiple occupants, potentially impacting daily routines and resale appeal.
Compared to the nearby listings
Price:$400.0K vs avg $370.0K (+$30,000)67%
Size:1,330 sqft vs avg 1,152 sqft74%
Price/sqft:$301 vs avg $32140%
More Insights
Built in 1953 (73 years old).
Condition: Built in 1953, this property is 71 years old with no indication of recent major renovations. The provided image URLs are placeholders, preventing visual assessment of the kitchen, bathrooms, or other interior features. The AI analysis explicitly notes the property's age as a weakness, suggesting a 'need for updates to major systems (plumbing, electrical, HVAC) or general modernization.' The significant price increase since the last sale in May 2023, without 'clear evidence of significant upgrades,' further supports the likelihood of an unrenovated, aged home. Consequently, the property will likely require substantial repairs and rehabilitation, particularly for major systems, and a complete overhaul of the kitchen and single bathroom to meet modern standards.
Year Built
1953
Close
-
List price
$400K
Original List price
-
Price/Sqft
$301
HOA
$0
Days on market
-
Sold On
-
MLS number
225151580
Home ConditionPoor
Features
View-
About this home
M
Mustafa Ahmed
Listing Agent
Nearby schools
5/10
Warren A. Allison Elementary School
Public,•K-6•0.8mi
3/10
Frederick Joyce Elementary School
Public,•K-8•0.6mi
4/10
Village Elementary School
Public,•K-8•0.7mi
4/10
Kohler Elementary School
Public,•K-8•0.7mi
4/10
Highlands High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
05/25/23
Sold
$337,000
Condition Rating
Poor
Built in 1953, this property is 71 years old with no indication of recent major renovations. The provided image URLs are placeholders, preventing visual assessment of the kitchen, bathrooms, or other interior features. The AI analysis explicitly notes the property's age as a weakness, suggesting a 'need for updates to major systems (plumbing, electrical, HVAC) or general modernization.' The significant price increase since the last sale in May 2023, without 'clear evidence of significant upgrades,' further supports the likelihood of an unrenovated, aged home. Consequently, the property will likely require substantial repairs and rehabilitation, particularly for major systems, and a complete overhaul of the kitchen and single bathroom to meet modern standards.
Pros & Cons
Pros
No Homeowners Association (HOA) Fees: The absence of HOA fees provides financial flexibility and avoids additional monthly costs for the homeowner, enhancing affordability.
Generous Lot Size: With 6,970 sqft, the property offers a substantial lot, providing ample outdoor space for landscaping, gardening, or potential future expansion.
Functional Layout & Size: The 1,330 sqft home with 3 bedrooms offers a practical and comfortable living space, suitable for small families or individuals.
Proximity to Rated Schools: The property benefits from being near several schools with ratings up to 5, offering good educational options for families with children.
Recent Market Appreciation: The property's value has shown significant appreciation since its last sale in May 2023, indicating a potentially strong investment or desirable location.
Cons
Limited Bathroom Count: The presence of only one bathroom for a three-bedroom home can be a significant inconvenience for families or multiple occupants, potentially impacting daily routines and resale appeal.
Property Age: Built in 1953, the home is over 70 years old, which may suggest the need for updates to major systems (plumbing, electrical, HVAC) or general modernization to meet contemporary standards.
Significant Price Increase: The current list price of $400,000 represents a substantial increase from its last sale price of $337,000 in May 2023. Without clear evidence of significant upgrades or market justification, this could be perceived as an aggressive valuation, potentially limiting buyer interest.