7106 Elmwood Road, San Bernardino, California 92404, San Bernardino, 92404 - 5 bed, 2 bath
ACTIVE UNDER CONTRACT$599,900
7106 Elmwood Road, San Bernardino, California 92404
5Beds
2Baths
2,399Sqft
12,224Lot
Price Vs. Estimate
The estimated value ($599,900) is $0 (0%) lower than the list price ($599,900). 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 = 12224, living area = 2399.
Top Cons:
History of Price Reductions: Multiple significant price reductions from the original list price indicate potential market resistance or initial overpricing, which could influence buyer perception and negotiation.
Compared to the nearby listings
Price:$599.9K vs avg $505.0K (+$94,900)84%
Size:2,399 sqft vs avg 1,382 sqft97%
Price/sqft:$250 vs avg $3615%
More Insights
Built in 1940 (85 years old).
Condition: The property, built in 1940, benefits from significant recent updates to major systems including a new roof (2024), new HVAC (2018), and newer double-paned windows, indicating meticulous maintenance. However, the kitchen, while clean and functional with 'nice cabinetry and Corian countertops,' features older white appliances and a traditional style that appears dated, likely from a renovation 15-30 years ago rather than a recent modern update. The visible light fixtures, ceiling fans, and some tile flooring also suggest an older aesthetic. While move-in ready and well-maintained, the kitchen and likely the bathrooms (no images provided, but inferred from kitchen style) would require cosmetic updates to meet current quality and style standards, aligning with the 'Fair' condition criteria.
Year Built
1940
Close
-
List price
$600K
Original List price
$695K
Price/Sqft
$250
HOA
-
Days on market
-
Sold On
-
MLS number
IG25131502
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
This is a LARGE, single story, 2399 square foot home! Five bedrooms, two of which are quite large, and three smaller bedrooms on a quiet street. This lot is unique in that it goes all the way back to the street behind, so you can enter from either the front or back of the property. Home is absolutely immaculate - it has been meticulously maintained. New HVAC in 2018, new roof in 2024, newer double paned windows throughout. Kitchen has nice cabinetry and Corian countertops with bar separating kitchen from spacious family room - this is a wonderful home for entertaining or large family. Lovely living room with GORGEOUS hardwood flooring, as well as tile in some rooms. It would be great for a contractor, landscaper, etc. It could also be a group/board & care home. Back yard has small covered patio, two newer sheds for storage, and plum, peach, orange trees, and grape vines. *Buyer to verify school boundaries.*
Condition Rating
Fair
The property, built in 1940, benefits from significant recent updates to major systems including a new roof (2024), new HVAC (2018), and newer double-paned windows, indicating meticulous maintenance. However, the kitchen, while clean and functional with 'nice cabinetry and Corian countertops,' features older white appliances and a traditional style that appears dated, likely from a renovation 15-30 years ago rather than a recent modern update. The visible light fixtures, ceiling fans, and some tile flooring also suggest an older aesthetic. While move-in ready and well-maintained, the kitchen and likely the bathrooms (no images provided, but inferred from kitchen style) would require cosmetic updates to meet current quality and style standards, aligning with the 'Fair' condition criteria.
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 = 12224, living area = 2399.
Recent Major Upgrades: The property boasts significant recent upgrades including a new roof (2024), new HVAC (2018), and newer double-paned windows, substantially reducing immediate maintenance concerns and improving energy efficiency.
Spacious & Well-Maintained: A large 2399 square foot, single-story home with 5 bedrooms, described as 'immaculate' and 'meticulously maintained,' offering ample living space and a move-in ready condition.
Unique Dual-Access Lot: The unique lot extends to a street behind, providing convenient dual access points, which is highly advantageous for various uses such as contractor/landscaper operations or additional parking.
Versatile Property Use: The home's size, layout, and lot characteristics make it suitable for diverse buyers, including large families, contractors, landscapers, or as a potential group/board & care home.
Attractive Interior Features: The interior features gorgeous hardwood flooring, tile in some rooms, a functional kitchen with nice cabinetry and Corian countertops, and a spacious family room ideal for entertaining.
Cons
History of Price Reductions: Multiple significant price reductions from the original list price indicate potential market resistance or initial overpricing, which could influence buyer perception and negotiation.
Age of Structure: Built in 1940, the property is over 80 years old. While major systems have been updated, the underlying older construction may still present long-term maintenance considerations not covered by recent renovations.
Niche Market Appeal: The explicit mention of suitability for contractors or group homes suggests a niche market, which might limit the pool of traditional residential buyers and potentially extend market time.