8044 Michael Drive, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath

8044 Michael Drive, San Bernardino, California 92410 home-pic-0
ACTIVE UNDER CONTRACT$385,000
8044 Michael Drive, San Bernardino, California 92410
2Beds
1Bath
837Sqft
9,350Lot

Price Vs. Estimate

The estimated value ($385,000) is $0 (0%) lower than the list price ($385,000). 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 = 9350, living area = 837.
Top Cons:
Shared Driveway: The property shares a driveway with adjacent units, which could potentially lead to access or usage conflicts and reduce privacy.

Compared to the nearby listings

Price:$385.0K vs avg $442.5K ($-57,500)21%
Size:837 sqft vs avg 1,227 sqft14%
Price/sqft:$460 vs avg $36679%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, the property has undergone a complete and thorough remodel, as stated in the description and evidenced by the images. The kitchen features new white shaker cabinets, modern countertops, and a new sink, while the bathroom boasts a new vanity, toilet, tub/shower combo, and contemporary fixtures. New wood-look flooring, fresh paint, and updated windows are visible throughout the home, indicating that all components are virtually new and meet current quality standards. The exterior also shows fresh paint and new fencing, aligning with the criteria for an extensively renovated property within the last 5 years.
Year Built
1956
Close
-
List price
$385K
Original List price
$385K
Price/Sqft
$460
HOA
-
Days on market
-
Sold On
-
MLS number
PW25217273
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Look at this one! This perfectly priced single level home has just been completely remodeled. Owners have spared no expense. This lovely 2 bedroom 1 bath home comes with an attached single car garage and a completely fenced in humungous rear yard. It is perfect for securely parking your vehicles, storage or entertaining. Property shares driveway with next door units that are currently being renovated. The timing is excellent as most of the neighboring properties are now owner occupied and have or either are completing rehabbing and upgrading. Close to schools, shopping and transportation this property will not last.

Condition Rating
Excellent

Despite being built in 1956, the property has undergone a complete and thorough remodel, as stated in the description and evidenced by the images. The kitchen features new white shaker cabinets, modern countertops, and a new sink, while the bathroom boasts a new vanity, toilet, tub/shower combo, and contemporary fixtures. New wood-look flooring, fresh paint, and updated windows are visible throughout the home, indicating that all components are virtually new and meet current quality standards. The exterior also shows fresh paint and new fencing, aligning with the criteria for an extensively renovated property within the last 5 years.
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 = 9350, living area = 837.
Extensive Remodel: The property has undergone a complete and thorough remodel, indicating significant investment and modern updates by the owners, making it move-in ready.
Spacious & Secure Rear Yard: Features a large, fully fenced rear yard, offering excellent potential for secure parking, storage, and outdoor entertaining.
Positive Neighborhood Revitalization: The surrounding area is experiencing significant upgrades and increased owner-occupancy, suggesting an improving and stable community environment.
Strategic Location: Conveniently situated near schools, shopping centers, and public transportation, enhancing daily accessibility and lifestyle.
Strong Value Proposition: The current listing price is below the estimated market value, presenting a competitive and attractive investment opportunity.

Cons

Shared Driveway: The property shares a driveway with adjacent units, which could potentially lead to access or usage conflicts and reduce privacy.
Compact Living Space: With 2 bedrooms, 1 bathroom, and 837 sqft, the home offers compact living quarters, which may not suit larger households or those desiring more expansive space.
Original Construction Age: Built in 1956, the underlying structure is older, which, despite recent remodels, might raise concerns about the condition of unseen systems or long-term maintenance for some buyers.

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