7634 Cinnabar Road, Cantil, CA 93519, Cantil, 93519 - 1 bed, 1 bath
ACTIVE$160,000$640/sqft
Est. Value: $160,000
%
FairlyEstimate
7634 Cinnabar Road, Cantil, CA 93519
1Bed
1Bath
640Sqft
107,593Lot
Price Vs. Estimate
The estimated value ($160,000) is $0 (0%) lower than the list price ($160,000). 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 = 107593, living area = 640.
Top Cons:
Compact Living Space: With only 640 sqft, 1 bedroom, and 1 bathroom, the interior living area is very small, which may limit its appeal to a broad range of buyers or families.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1955 (71 years old).
Condition: Despite the 1955 build year, the interior of this 1-bedroom, 1-bathroom property appears to have undergone a very recent and extensive renovation. The kitchen features new white shaker-style cabinets, modern white countertops with grey veining, a new stainless steel sink with a contemporary faucet, and a new stainless steel electric range. The refrigerator also appears relatively new. The bathroom boasts a new white vanity, sink, toilet, and what looks like new white subway tile in the shower area. Throughout the visible interior, there is new grey laminate/vinyl plank flooring and fresh light grey paint on the walls. All visible components in the kitchen and bathroom are new or virtually new, meeting current quality standards. The property's small size and 'slab / car shed' description suggest a complete overhaul or conversion of the original structure, resulting in an essentially new living space.
Year Built
1955
Close
-
List price
$160K
Original List price
-
Price/Sqft
$250
HOA
$0
Days on market
-
Sold On
-
MLS number
25004111
Home ConditionExcellent
Features
Good View:
View-
About this home
Property has 1bed / 1bath, slab / car shed.
N
Nancy Orellana
Listing Agent
Price History
Date
Event
Price
06/29/23
Sold
$95,000
04/19/22
Sold
$80,000
04/17/19
Sold
$5,000
Condition Rating
Excellent
Despite the 1955 build year, the interior of this 1-bedroom, 1-bathroom property appears to have undergone a very recent and extensive renovation. The kitchen features new white shaker-style cabinets, modern white countertops with grey veining, a new stainless steel sink with a contemporary faucet, and a new stainless steel electric range. The refrigerator also appears relatively new. The bathroom boasts a new white vanity, sink, toilet, and what looks like new white subway tile in the shower area. Throughout the visible interior, there is new grey laminate/vinyl plank flooring and fresh light grey paint on the walls. All visible components in the kitchen and bathroom are new or virtually new, meeting current quality standards. The property's small size and 'slab / car shed' description suggest a complete overhaul or conversion of the original structure, resulting in an essentially new living space.
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 = 107593, living area = 640.
Expansive Lot Size: The property boasts a substantial lot of 107,593 sqft (approximately 2.47 acres), offering significant outdoor space, privacy, and potential for expansion or additional structures.
Affordable Price Point: Listed at $160,000, this property presents a relatively low entry cost for homeownership or investment in a single-family residence.
No Association Fees: The absence of homeowner association fees contributes to lower monthly ownership expenses, enhancing affordability.
Investment & Development Potential: Given the large lot and modest existing structure, the property offers considerable potential for future development, expansion, or value-add investment.
Historical Appreciation Trend: The property's sales history indicates a strong upward trend in value over recent years, suggesting potential for continued appreciation.
Cons
Compact Living Space: With only 640 sqft, 1 bedroom, and 1 bathroom, the interior living area is very small, which may limit its appeal to a broad range of buyers or families.
Age of Construction: Built in 1955, the property is nearly 70 years old, potentially requiring significant updates to systems, infrastructure, or aesthetics to meet modern standards.
Significant Price Jump: The current list price of $160,000 represents a substantial increase from its last sale at $95,000 in June 2023, which may require strong justification to prospective buyers.