786 Molokai Avenue, Thermal, California 92274, Thermal, 92274 - 4 bed, 2 bath

786 Molokai Avenue, Thermal, California 92274 home-pic-0
ACTIVE$297,000$1,372/sqft
Est. Value: $304,280
2%
FairlyEstimate
786 Molokai Avenue, Thermal, California 92274
4Beds
2Baths
1,372Sqft
9,998Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $297,000.

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 = 9998, living area = 1372.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1372, other record living area = 1279.

Compared to the nearby listings

Price:$297.0K vs avg $306.5K ($-9,500)41%
Size:1,372 sqft vs avg 1,468 sqft47%
Price/sqft:$216 vs avg $21550%

More Insights

Built in 1985 (41 years old).
Condition: Despite being built in 1985, this property has undergone a comprehensive, top-to-bottom renovation, making it virtually new inside. The kitchen features new white shaker cabinetry, quartz countertops, modern black fixtures, and new stainless steel appliances. Both bathrooms are completely renovated with modern vanities, new fixtures, and tiled showers/tubs. New laminate flooring, fresh paint, and modern light fixtures/ceiling fans are present throughout, indicating an extensive renovation likely completed within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1985
Close
-
List price
$297K
Original List price
$297K
Price/Sqft
$216
HOA
-
Days on market
-
Sold On
-
MLS number
219140434DA
Home ConditionExcellent
Features
Good View:
View-

About this home

Welcome to this beautifully remodeled 4 bedroom, 2 bathroom home offering 1,372 square feet of comfortable living space and an exceptional value in today's market. This property has been thoughtfully updated from top to bottom, making it truly move-in ready for its next owner. From the moment you arrive, you'll notice the refreshed exterior that sets the tone for the quality found throughout the home.Inside, the home features stylish laminate flooring throughout, creating a clean and modern feel. The upgraded kitchen is highlighted by quartz countertops, updated cabinetry, and a functional layout that opens seamlessly to the living and dining areas, perfect for everyday living and entertaining. Both bathrooms have been completely renovated with modern finishes, offering a fresh and spa like experience. Additional improvements include a dedicated laundry room, adding convenience and functionality rarely found at this price point. The spacious floor plan provides flexibility for families, remote work, or guests, while the large windows allow for ample natural light throughout the home. Situated on a nearly 10,000 square foot lot, the expansive backyard offers endless possibilities with room for entertaining, play, future expansion, or potential value-add opportunities. Whether you're a homeowner looking for space to grow or an investor seeking a turnkey rental with strong appeal, this property checks all the boxes.Affordable, fully remodeled homes like this are hard to find. Don't miss your opportunity to own a turnkey property under $300K. Schedule your private showing today!

E
Edward Soto
Listing Agent

Price History

Date
Event
Price
04/16/01
Sold
$49,000
03/21/23
Sold
$80,000
Condition Rating
Excellent

Despite being built in 1985, this property has undergone a comprehensive, top-to-bottom renovation, making it virtually new inside. The kitchen features new white shaker cabinetry, quartz countertops, modern black fixtures, and new stainless steel appliances. Both bathrooms are completely renovated with modern vanities, new fixtures, and tiled showers/tubs. New laminate flooring, fresh paint, and modern light fixtures/ceiling fans are present throughout, indicating an extensive renovation likely completed within the last 5 years, meeting current quality standards 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 = 9998, living area = 1372.
Comprehensive Remodel: The property has been thoughtfully updated from top to bottom, including a refreshed exterior, upgraded kitchen with quartz countertops and new cabinetry, and completely renovated bathrooms, making it truly move-in ready.
Affordable Price Point: Listed under $300K, this fully remodeled home offers exceptional value in today's market, appealing to both homeowners and investors seeking a turnkey property.
Large & Versatile Lot: Situated on a nearly 10,000 square foot lot, the expansive backyard provides ample space for entertaining, play, future expansion, or potential value-add opportunities.
Modern Interior Finishes: Features stylish laminate flooring throughout, modern kitchen finishes, and spa-like renovated bathrooms, contributing to a clean and contemporary aesthetic.
Functional Layout & Amenities: Offers a functional open layout seamlessly connecting living and dining areas, a dedicated laundry room for added convenience, and a spacious floor plan providing flexibility.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1372, other record living area = 1279.
Geographic Location: The property's location in Thermal, a more rural and agricultural area, may limit access to certain urban amenities and could be a factor for buyers seeking a more developed community.
Age of Core Systems: Despite extensive cosmetic remodeling, the home was built in 1985, suggesting that some underlying systems (e.g., plumbing, electrical) might still be original or older, potentially requiring future maintenance.
Unspecified Cooling System: The description does not explicitly mention the presence or upgrade status of a cooling system, which is a critical feature for comfort in the hot climate of Thermal, California.
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