8082 Milan Court, Fontana, California 92336, Fontana, 92336 - 4 bed, 3 bath

8082 Milan Court, Fontana, California 92336 home-pic-0
ACTIVE$740,000
8082 Milan Court, Fontana, California 92336
4Beds
3Baths
1,837Sqft
4,500Lot

Price Vs. Estimate

The estimated value ($512,863.78) is $227,136.22 (30%) lower than the list price ($740,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Efficiency: The property benefits from fully paid-off solar panels, offering significant long-term energy cost savings for the homeowner.
Top Cons:
Pricing Discrepancy: The current listing price is substantially higher than the property's estimated value, which may deter potential buyers and prolong market time.

Compared to the nearby listings

Price:$740.0K vs avg $725.0K (+$15,000)56%
Size:1,837 sqft vs avg 2,060 sqft34%
Price/sqft:$403 vs avg $34680%

More Insights

Built in 1992 (33 years old).
Condition: Built in 1992, the property is over 30 years old. While the exterior has been recently painted and it boasts vaulted ceilings and fully paid-off solar, the interior shows signs of being dated. The kitchen features granite countertops and tile flooring, but the appliances are black and appear older, and the lighting is an outdated fluorescent box. Carpets in the living areas and bedrooms appear worn, and the visible half-bathroom is basic. The home is functional and maintained but requires minor updates to the kitchen, bathrooms, and flooring to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
1992
Close
-
List price
$740K
Original List price
$750K
Price/Sqft
$403
HOA
-
Days on market
-
Sold On
-
MLS number
IV25084729
Home ConditionFair
Features
ViewNeighborhood

About this home

Excellent opportunity for first time homebuyer or an investor. 4 bedrooms and 2.5 bathrooms. The exterior of the home has been recently painted. Notice the vaulted ceilings that provide natural lighting. Granite counter tops and tile flooring in the kitchen. Fully paid off solar. All bedrooms upstairs. 3 car garage with ring doorbell and security cameras. Nicely landscaped backyard with basketball court.

Nearby schools

7/10
East Heritage Elementary School
Public,K-50.4mi
6/10
West Heritage Elementary School
Public,K-50.6mi
7/10
Heritage Intermediate School
Public,6-80.9mi
Condition Rating
Fair

Built in 1992, the property is over 30 years old. While the exterior has been recently painted and it boasts vaulted ceilings and fully paid-off solar, the interior shows signs of being dated. The kitchen features granite countertops and tile flooring, but the appliances are black and appear older, and the lighting is an outdated fluorescent box. Carpets in the living areas and bedrooms appear worn, and the visible half-bathroom is basic. The home is functional and maintained but requires minor updates to the kitchen, bathrooms, and flooring to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Energy Efficiency: The property benefits from fully paid-off solar panels, offering significant long-term energy cost savings for the homeowner.
Curb Appeal & Maintenance: A recently painted exterior enhances the home's curb appeal and suggests proactive maintenance, presenting a well-cared-for appearance.
Interior Ambiance: Vaulted ceilings throughout the home contribute to a spacious feel and maximize natural lighting, creating a bright and inviting atmosphere.
Outdoor Amenities: The nicely landscaped backyard features a basketball court, providing a dedicated recreational space and enhancing outdoor living appeal.
Practical Features & Security: Equipped with a 3-car garage for ample parking and storage, plus a Ring doorbell and security cameras for enhanced safety and convenience.

Cons

Pricing Discrepancy: The current listing price is substantially higher than the property's estimated value, which may deter potential buyers and prolong market time.
Age of Property: Built in 1992, the home's age may imply a need for future updates to major systems or interior aesthetics to align with contemporary preferences, despite some recent improvements.
Layout Limitation: All bedrooms are located upstairs, which might not appeal to all buyer demographics, such as those desiring a downstairs master suite or single-story living convenience.

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