7078 Sheridan Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
ACTIVE$295,000
7078 Sheridan Avenue, 29 Palms, California 92277
3Beds
2Baths
1,120Sqft
7,800Lot
Price Vs. Estimate
The estimated value ($242,355.445) is $52,644.555 (17%) lower than the list price ($295,000). 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 = 1120.
Top Cons:
Overpriced Relative to Market & Comparables: The listing price of $295,000 is significantly higher than the estimated property value of $242,355 and a directly comparable property (same year, size, street) listed at $259,000 with seller incentives, suggesting it may be overvalued.
Compared to the nearby listings
Price:$295.0K vs avg $279.9K (+$15,100)53%
Size:1,120 sqft vs avg 1,248 sqft37%
Price/sqft:$263 vs avg $22476%
More Insights
Built in 2005 (20 years old).
Condition: The property, built in 2005 (19 years old), is clean and well-maintained with new carpet throughout, making it move-in ready. However, the kitchen features white appliances, basic white shaker-style cabinets, and light-colored countertops that appear original to the build and are aesthetically outdated. Similarly, the bathrooms have standard white vanities, basic fixtures, and white tile surrounds, also showing signs of being outdated. While functional, these key areas would benefit from minor updates to meet current quality and style standards, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
Year Built
2005
Close
-
List price
$295K
Original List price
$295K
Price/Sqft
$263
HOA
-
Days on market
-
Sold On
-
MLS number
IG25121470
Home ConditionFair
Features
Good View: Desert
ViewDesert
About this home
Welcome to this charming 3 bedroom, 2 bath home located in 29 Palms, Ca. This cozy house features a 2 car garage, perfect for parking and storage. The fenced backyard provides a private outdoor space for relaxation and entertaining. Situated in a quiet area, this home offers a peaceful retreat from the hustle and bustle of city life. With new carpet throughout, this house is move-in ready and waiting for you to make it your own. Conveniently located close to town, you'll have easy access to shopping, dining, and entertainment options. Don't miss out on the opportunity to call this lovely house your new home.
Condition Rating
Fair
The property, built in 2005 (19 years old), is clean and well-maintained with new carpet throughout, making it move-in ready. However, the kitchen features white appliances, basic white shaker-style cabinets, and light-colored countertops that appear original to the build and are aesthetically outdated. Similarly, the bathrooms have standard white vanities, basic fixtures, and white tile surrounds, also showing signs of being outdated. While functional, these key areas would benefit from minor updates to meet current quality and style standards, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
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 = 1120.
Move-in Ready Condition: The property features new carpet throughout, making it immediately habitable and appealing for buyers seeking a home without immediate renovation needs.
Modern Construction Year: Built in 2005, this home is relatively newer, suggesting potentially fewer immediate maintenance issues compared to older properties in the area.
Private Outdoor Space: The fenced backyard offers a private and secure area for relaxation, entertaining, or pets, enhancing the property's lifestyle appeal.
Convenient Location: Situated close to town, residents will enjoy easy access to local shopping, dining, and entertainment options.
Practical Amenities: The inclusion of a 2-car garage provides ample space for parking and additional storage, a valuable feature for homeowners.
Cons
Overpriced Relative to Market & Comparables: The listing price of $295,000 is significantly higher than the estimated property value of $242,355 and a directly comparable property (same year, size, street) listed at $259,000 with seller incentives, suggesting it may be overvalued.
Potential Lack of Modern Comforts: While 'new carpet' is mentioned, the description is silent on other crucial interior updates or amenities like a cooling system, which is a significant consideration for comfort in the desert climate of 29 Palms.
Basic Description Lacks Detail: The property description is general and does not highlight specific upgrades, finishes, or unique selling points beyond new carpet, which could make it less competitive against properties with more detailed feature lists.