737 Lewis Street, Pomona, California 91768, Pomona, 91768 - 4 bed, 3 bath

737 Lewis Street, Pomona, California 91768 home-pic-0
ACTIVE$805,000
737 Lewis Street, Pomona, California 91768
4Beds
3Baths
1,520Sqft
2,535Lot

Price Vs. Estimate

The estimated value ($692,201.625) is $112,798.375 (14%) lower than the list price ($805,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction: As a brand new home built in 2024, the property offers modern design, up-to-date building codes, and minimal immediate maintenance concerns for the buyer.
Top Cons:
Overpriced Relative to Market: The current list price of $805,000 is notably higher than the property's estimated value ($692,201) and recent comparable sales in the same development (ranging from $705,000 to $745,000), suggesting it may be overvalued.

Compared to the nearby listings

Price:$805.0K vs avg $650.0K (+$155,000)85%
Size:1,520 sqft vs avg 1,231 sqft67%
Price/sqft:$530 vs avg $51255%

More Insights

Built in 2024 (1 years old).
Condition: This property is brand new, built in 2024 and currently under construction with anticipated completion within 3 months. The images showcase a modern design with new, high-quality finishes throughout, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and a subway tile backsplash, as well as modern bathrooms with updated vanities and fixtures. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$805K
Original List price
$790K
Price/Sqft
$530
HOA
$184
Days on market
-
Sold On
-
MLS number
WS24038165
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

UNDER CONSTRUCTION WITH ANTICIPATED COMPLETION Within 3 MONTHS THIS YEAR. THIS SPACIOUS DESIGN OFFERS APPROX 1726 SQ. FT. OF FINISHED LIVING AREA AND FEATURES DESIGN WITH A GREAT ROOM. PLAN A HAS THE OPTION TO COVERT UPSTAIR LOFT AREA INTO 4th ROOM IF NEEDED.ALL OF THIS LOCATED IN AN UPSCALE DEVELOPMENT WITH SIDEWALKS, CONCRETE DRIVEWAYS AND INDIVIDUAL DRIVEWAYS. ENJOY THE MOUNTAIN VIEWS AND VERY CONVENIENT TRAFFIC ARTERIES. CALL TODAY TO ARRANGE TO VIEW THESE HOMES.

Condition Rating
Excellent

This property is brand new, built in 2024 and currently under construction with anticipated completion within 3 months. The images showcase a modern design with new, high-quality finishes throughout, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and a subway tile backsplash, as well as modern bathrooms with updated vanities and fixtures. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction: As a brand new home built in 2024, the property offers modern design, up-to-date building codes, and minimal immediate maintenance concerns for the buyer.
Flexible Floor Plan: The spacious 1726 sq ft design features a great room and the valuable option to convert an upstairs loft into a 4th bedroom, providing adaptability for diverse family needs or a dedicated home office.
Upscale Development: Located in an upscale development with well-maintained sidewalks, concrete driveways, and individual driveways, indicating a quality community environment.
Desirable Views: The property boasts attractive mountain views and city lights, enhancing the living experience and contributing to its aesthetic and market appeal.
Convenient Location: Positioned with very convenient access to major traffic arteries, ensuring easy commuting and accessibility to surrounding areas.

Cons

Overpriced Relative to Market: The current list price of $805,000 is notably higher than the property's estimated value ($692,201) and recent comparable sales in the same development (ranging from $705,000 to $745,000), suggesting it may be overvalued.
Under Construction Status: Being under construction means a delayed move-in for potential buyers and the possibility of unforeseen construction delays or minor issues upon completion, which can deter those seeking immediate occupancy.
Smaller Lot Size: The 2535 sqft lot size is relatively small, which may limit private outdoor living space and could be a drawback for buyers desiring a larger yard or more extensive outdoor amenities.

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