698 W Phillips Boulevard, Pomona, California 91766, Pomona, 91766 - 4 bed, 4 bath

698 W Phillips Boulevard, Pomona, California 91766 home-pic-0
ACTIVE$949,850$2,707/sqft
Est. Value: $434,995
-54%
AboveEstimate
698 W Phillips Boulevard, Pomona, California 91766
4Beds
4Baths
2,707Sqft
8,937Lot

Price Vs. Estimate

The estimated value ($434,994.645) is $514,855.355 (54%) lower than the list price ($949,850). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Upgrades: The home boasts significant upgrades and remodeling, including granite kitchen counters and island, and laminate flooring in upstairs bedrooms, hallway, and stairs, enhancing its modern appeal.
Top Cons:
Significant Price Discrepancy: The current listing price of $949,850 is substantially higher than the estimated property value of $434,994.65, indicating a potential overpricing issue that may deter buyers.

Compared to the nearby listings

Price:$949.9K vs avg $725.0K (+$224,850)86%
Size:2,707 sqft vs avg 1,522 sqft96%
Price/sqft:$351 vs avg $4915%

More Insights

Built in 1984 (42 years old).
Condition: The property, built in 1984, has undergone 'upgraded remolded' work, including granite countertops in the kitchen and bathrooms, laminate flooring upstairs, and tile downstairs. While these updates make the home functional and well-maintained, the kitchen cabinets are a traditional, somewhat dated style, and some light fixtures (e.g., fluorescent box light in the kitchen) and popcorn ceilings indicate that the renovations are not recent enough to meet current quality standards for a 'Good' rating. The backyard also appears to need significant landscaping and maintenance. It's aged but maintained with functional updates, fitting the 'Fair' category.
Year Built
1984
Close
-
List price
$950K
Original List price
$985K
Price/Sqft
$351
HOA
-
Days on market
-
Sold On
-
MLS number
CV25068096
Home ConditionFair
Features
Patio
View-

About this home

Upgraded Remolded Large Two Story Home with 4 Bedrooms and a Den. 2 Car Garage. Large Living Room and Family room. Large Master Bedroom with Double Sink Bathroom. Master Closet has its own room area. M/B located downstairs. 3 Bedrooms upstairs, with upgraded bathroom and laminate flooring in bedrooms and hallway. stairs are laminated. Downstairs Flooring is Tile. Kitchen Counter and Island are granite. Dining Area in kitchen. Washer and dryer in Kitchen. There is a Den located near the kitchen which is currently being rented can be added larger to make a ADU.

B
Betty Martinez
Listing Agent
Condition Rating
Fair

The property, built in 1984, has undergone 'upgraded remolded' work, including granite countertops in the kitchen and bathrooms, laminate flooring upstairs, and tile downstairs. While these updates make the home functional and well-maintained, the kitchen cabinets are a traditional, somewhat dated style, and some light fixtures (e.g., fluorescent box light in the kitchen) and popcorn ceilings indicate that the renovations are not recent enough to meet current quality standards for a 'Good' rating. The backyard also appears to need significant landscaping and maintenance. It's aged but maintained with functional updates, fitting the 'Fair' category.
Pros & Cons

Pros

Extensive Upgrades: The home boasts significant upgrades and remodeling, including granite kitchen counters and island, and laminate flooring in upstairs bedrooms, hallway, and stairs, enhancing its modern appeal.
Spacious Layout: Featuring a large two-story design with 4 bedrooms, a den, and separate large living and family rooms, the property offers ample space for comfortable living and entertaining.
Downstairs Master Suite: The large master bedroom, complete with a double sink bathroom and a dedicated closet room area, is conveniently located downstairs, a desirable feature for many buyers.
ADU Potential: A den near the kitchen, currently rented, presents a valuable opportunity to be expanded into an Accessory Dwelling Unit (ADU), offering potential for rental income or multi-generational living.
Generous Lot Size: With a lot size of 8937 sqft, the property provides substantial outdoor space for various activities or future landscaping projects.

Cons

Significant Price Discrepancy: The current listing price of $949,850 is substantially higher than the estimated property value of $434,994.65, indicating a potential overpricing issue that may deter buyers.
Functional Layout Anomaly: The washer and dryer are located within the kitchen area, which can be inconvenient and may impact the functionality and aesthetic of the kitchen space.
Age of Property: Built in 1984, despite being upgraded, the property's age suggests that some core systems (e.g., plumbing, electrical, HVAC) might still be original or nearing the end of their lifespan, potentially requiring future maintenance or replacement.
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