6647 Merito, San Bernardino, California 92404, San Bernardino, 92404 - 4 bed, 2 bath

6647 Merito, San Bernardino, California 92404 home-pic-0
ACTIVE$450,000$1,248/sqft
Est. Value: $376,372
-16%
AboveEstimate
6647 Merito, San Bernardino, California 92404
4Beds
2Baths
1,248Sqft
7,200Lot

Price Vs. Estimate

The estimated value ($376,372.08) is $73,627.92 (16%) lower than the list price ($450,000). 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 = 7200, living area = 1248.
Top Cons:
Age of Property: Built in 1953, the home is likely to require significant updates to its systems (plumbing, electrical, HVAC) and cosmetic features to meet modern standards and preferences.

Compared to the nearby listings

Price:$450.0K vs avg $500.0K ($-50,000)31%
Size:1,248 sqft vs avg 1,365 sqft42%
Price/sqft:$361 vs avg $36249%

More Insights

Built in 1953 (73 years old).
Condition: Built in 1953, this property is over 70 years old with no indication of major renovations. The MLS analysis explicitly states it's 'likely to require significant updates to its systems (plumbing, electrical, HVAC) and cosmetic features.' The exterior appears dated, and without interior photos, it's safe to assume the kitchen and bathrooms are original or very old, requiring substantial rehabilitation to meet modern standards and functionality.
Year Built
1953
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$361
HOA
-
Days on market
-
Sold On
-
MLS number
CV26006556
Home ConditionPoor
Features
View-

About this home

A
Andrew Paz
Listing Agent

Price History

Date
Event
Price
12/01/99
Sold
$77,000
Condition Rating
Poor

Built in 1953, this property is over 70 years old with no indication of major renovations. The MLS analysis explicitly states it's 'likely to require significant updates to its systems (plumbing, electrical, HVAC) and cosmetic features.' The exterior appears dated, and without interior photos, it's safe to assume the kitchen and bathrooms are original or very old, requiring substantial rehabilitation to meet modern standards and functionality.
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 = 7200, living area = 1248.
Generous Lot Size: The property boasts a substantial 7200 sqft lot, offering ample outdoor space for landscaping, potential expansion, or recreational activities.
Four Bedrooms: With four bedrooms, the home provides excellent versatility for families, guest accommodations, or dedicated home office spaces.
Single-Family Residence: As a single-family residence, the property offers privacy, independence, and the full benefits of land ownership, a highly desirable asset.
Competitive Price Point: Listed at $450,000, this 4-bedroom single-family home in San Bernardino presents a competitive and attractive entry point for buyers in the current market.
New Listing: Being a new listing (implied by the on-market date), the property offers fresh appeal and an opportunity for buyers to act quickly without prolonged market exposure.

Cons

Age of Property: Built in 1953, the home is likely to require significant updates to its systems (plumbing, electrical, HVAC) and cosmetic features to meet modern standards and preferences.
No View: The property explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic outlooks or panoramic vistas.
Compact Interior Space: At 1248 sqft for four bedrooms, the interior living space is relatively compact, potentially leading to smaller rooms or a less open floor plan than some buyers may desire.
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