774 S Idyllwild Avenue, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
ACTIVE$640,000
774 S Idyllwild Avenue, Rialto, California 92376
3Beds
2Baths
1,200Sqft
9,009Lot
Price Vs. Estimate
The estimated value ($317,945.315) is $322,054.685 (50%) lower than the list price ($640,000). 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 = 9009, living area = 1200.
Top Cons:
Significant Overpricing: The list price of $640,000 is substantially higher than the provided estimated value ($317,945) and recent comparable sales (which range from $500,000 to $595,000), indicating a strong likelihood of being overpriced for the current market.
Compared to the nearby listings
Price:$640.0K vs avg $570.0K (+$70,000)83%
Size:1,200 sqft vs avg 1,485 sqft27%
Price/sqft:$533 vs avg $37194%
More Insights
Built in 1980 (45 years old).
Condition: The property was built in 1980, making it 44 years old. With no interior images or descriptions of recent renovations, particularly for the kitchen and bathrooms, it's highly probable that these areas, along with other major systems and finishes, are original or significantly outdated. The exterior appears maintained but not recently updated. This aligns with the 'Fair' category, indicating the home is aged but functional, likely requiring minor updates or repairs to meet current quality and style standards.
Year Built
1980
Close
-
List price
$640K
Original List price
$640K
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
IV25134904
Home ConditionFair
Features
View-
About this home
Condition Rating
Fair
The property was built in 1980, making it 44 years old. With no interior images or descriptions of recent renovations, particularly for the kitchen and bathrooms, it's highly probable that these areas, along with other major systems and finishes, are original or significantly outdated. The exterior appears maintained but not recently updated. This aligns with the 'Fair' category, indicating the home is aged but functional, likely requiring minor updates or repairs to meet current quality and style standards.
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 = 9009, living area = 1200.
Generous Lot Size: At 9,009 sqft, the property boasts a significantly larger lot than most comparable properties in the area, offering ample outdoor space and potential for landscaping or future expansion.
Standard & Functional Layout: The 3-bedroom, 2-bathroom, 1,200 sqft configuration is a highly desirable and practical layout, appealing to a broad range of buyers including families and first-time homeowners.
Established Neighborhood: Located in a stable residential area of Rialto with several recent comparable sales nearby, indicating a consistent demand and community appeal.
Relatively Modern Construction: Built in 1980, the property is newer than some older homes in the vicinity, potentially suggesting a more robust structure and fewer immediate foundational issues compared to much older builds.
Convenient Location: Its address in Rialto suggests good access to local amenities such as schools, parks, shopping centers, and major transportation routes, similar to its neighboring properties.
Cons
Significant Overpricing: The list price of $640,000 is substantially higher than the provided estimated value ($317,945) and recent comparable sales (which range from $500,000 to $595,000), indicating a strong likelihood of being overpriced for the current market.
Lack of Described Upgrades: The property description is sparse and does not highlight any recent renovations, modern amenities, or significant updates (e.g., updated kitchen/baths, new HVAC, solar, pool) that are present in several recently sold comparables, making its value proposition unclear.
Potential for Outdated Condition: Without any mentioned updates, there is a high probability that the interior finishes and major systems may be original or dated, potentially requiring considerable investment from a new owner to meet current market expectations, especially given the high list price.