7634 E Cinnabar Road, Cantil, CA 93519, Cantil, 93519 - 1 bed, 1 bath
ACTIVE$150,000$640/sqft
Est. Value: $150,000
%
FairlyEstimate
7634 E Cinnabar Road, Cantil, CA 93519
1Bed
1Bath
640Sqft
87,120Lot
Price Vs. Estimate
The estimated value ($150,000) is $0 (0%) lower than the list price ($150,000). 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 = 87120, living area = 640.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =87120, other record lot size in square feet = 107593.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1955 (71 years old).
Condition: Despite being built in 1955, the property has undergone an extensive and very recent interior renovation. The kitchen features new white shaker cabinets, modern countertops, a new stainless steel range, and a new sink/faucet. The bathroom boasts new marble-look tile, a new vanity, and updated fixtures. New LVP flooring is installed throughout, and a modern mini-split AC system provides efficient cooling/heating. The interior components are virtually new, meeting current quality standards, making it move-in ready with no deferred maintenance.
Year Built
1955
Close
-
List price
$150K
Original List price
-
Price/Sqft
$234
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25117298
Home ConditionExcellent
Features
Good View:
View-
About this home
Nice / clean property, shows 1 bed/1 bath (possible 2 bedrooms), 2.5 acres land to become a ranch, easy access.
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 being built in 1955, the property has undergone an extensive and very recent interior renovation. The kitchen features new white shaker cabinets, modern countertops, a new stainless steel range, and a new sink/faucet. The bathroom boasts new marble-look tile, a new vanity, and updated fixtures. New LVP flooring is installed throughout, and a modern mini-split AC system provides efficient cooling/heating. The interior components are virtually new, meeting current quality standards, making it move-in ready with no deferred maintenance.
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 = 87120, living area = 640.
Expansive Land & Ranch Potential: The property boasts 2.5 acres of land, explicitly noted for its potential to become a ranch, offering significant space for expansion, agriculture, or recreational use.
Affordable Entry Price: With a list price of $150,000, this property presents an accessible and attractive investment opportunity, especially considering the substantial land size.
Good Property Condition: Described as a 'Nice / clean property,' it suggests the home is well-maintained and potentially move-in ready, reducing immediate renovation concerns for buyers.
No Association Fees: The absence of association fees is a significant financial benefit, lowering the overall cost of ownership and increasing its appeal.
Bedroom Expansion Potential: The description highlights a 'possible 2 bedrooms,' indicating potential for easy conversion or modification to add an extra bedroom, enhancing functionality and value.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =87120, other record lot size in square feet = 107593.
Compact Living Space: With only 640 square feet, 1 bedroom, and 1 bathroom, the interior living space is quite small, which may limit its appeal to individuals or small households.
Age of Property: Built in 1955, the home is nearly 70 years old, suggesting that systems, finishes, and overall aesthetics may be dated and could require significant updates or maintenance.
Recent Price Reduction: The listing history shows a recent price drop from $170,000 to $150,000, which could indicate challenges in attracting buyers at the initial price point or suggest an overestimation of market value.