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707 Marylie Lane, Walnut, California 91789, Walnut, 91789 - 4 bed, 2 bath

707 Marylie Lane, Walnut, California 91789 home-pic-0
ACTIVE$986,600
707 Marylie Lane, Walnut, California 91789
4Beds
2Baths
1,643Sqft
8,972Lot

Price Vs. Estimate

The estimated value ($616,315.97) is $370,284.03 (37%) lower than the list price ($986,600). 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 = 8972, living area = 1643.
Top Cons:
Significant Overpricing: The current list price of $986,600 is considerably above the estimated property value of $616,315.97, indicating a potential overvaluation in the current market.

Compared to the nearby listings

Price:$986.6K vs avg $1.16M ($-170,400)22%
Size:1,643 sqft vs avg 1,990 sqft29%
Price/sqft:$600 vs avg $61049%

More Insights

Built in 1984 (41 years old).
Condition: Built in 1984, this property is 40 years old and shows clear signs of being largely unrenovated since its original construction or an older update (15-30+ years ago). The kitchen features outdated honey oak cabinets, laminate countertops, white appliances, and fluorescent lighting. Bathrooms also exhibit dated vanities, fixtures, and tile work. Popcorn ceilings are present throughout. While the home appears well-maintained and functional, it requires significant cosmetic updates to the kitchen, bathrooms, and other interior elements to align with current styles and standards.
Year Built
1984
Close
-
List price
$987K
Original List price
$989K
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
CV25087872
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

This spacious single-story home is located in the desirable city of Walnut, offering a rare combination of comfort and convenience. Featuring four bedrooms, two bathrooms, and a two-car garage, the layout is perfect for family living. Nestled in a quiet and peaceful neighborhood, the home provides a serene living environment while being just minutes away from shopping centers, restaurants, and daily amenities. The interior boasts a bright and airy living room and kitchen, filled with natural light thanks to large windows throughout. The expansive backyard is a true highlight, complete with a charming gazebo—perfect for entertaining or relaxing—as well as a variety of fruit trees that bring beauty and bounty year-round. This is a wonderful opportunity to own a home that blends space, tranquility, and convenience in one of Walnut’s most sought-after communities.

Condition Rating
Fair
Built in 1984, this property is 40 years old and shows clear signs of being largely unrenovated since its original construction or an older update (15-30+ years ago). The kitchen features outdated honey oak cabinets, laminate countertops, white appliances, and fluorescent lighting. Bathrooms also exhibit dated vanities, fixtures, and tile work. Popcorn ceilings are present throughout. While the home appears well-maintained and functional, it requires significant cosmetic updates to the kitchen, bathrooms, and other interior elements to align with current styles and standards.
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 = 8972, living area = 1643.
Prime Walnut Location: Situated in a desirable, quiet, and peaceful neighborhood in Walnut, offering excellent convenience to shopping, dining, and amenities.
Single-Story Family Layout: A spacious single-story home with 4 bedrooms and 2 bathrooms, ideal for family living and accessibility.
Generous & Landscaped Backyard: Features an expansive backyard with a charming gazebo and mature fruit trees, perfect for outdoor entertaining and relaxation.
Abundant Natural Light: The living spaces and kitchen benefit from abundant natural light through large windows, creating a bright and airy atmosphere.
Reputable School District: Located within the highly-regarded Rowland Unified High School District, appealing to families.

Cons

Significant Overpricing: The current list price of $986,600 is considerably above the estimated property value of $616,315.97, indicating a potential overvaluation in the current market.
Lack of Recent Major Updates: The description does not highlight significant interior renovations (e.g., kitchen, bathrooms, flooring) that are common in competitive properties, suggesting potential for buyer-funded upgrades.
Below Average Square Footage: At 1643 sqft, the property offers less living space compared to several recently sold 4-bedroom homes in the immediate vicinity, which could affect its market appeal to buyers seeking larger homes.

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