828 E Boone Street 12, Santa Maria, CA 93454, Santa Maria, 93454 - 3 bed, 3 bath

828 E Boone Street 12, Santa Maria, CA 93454 home-pic-0
ACTIVE$395,000$1,850/sqft
828 E Boone Street 12, Santa Maria, CA 93454
3Beds
3Baths
1,850Sqft
1,307Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Price Reduction: The property has seen a steep $64,000 price improvement, making it a potentially attractive value proposition for buyers.
Top Cons:
Short Sale Status: Being a short sale, the transaction process can be complex, lengthy, and uncertain, potentially deterring some buyers.

Compared to the nearby listings

Price:$395.0K vs avg $395.0K (+$0)50%
Size:1,850 sqft vs avg 1,244 sqft82%
Price/sqft:$214 vs avg $32618%

More Insights

Built in 1978 (48 years old).
Condition: Built in 1978, this property is 46 years old and shows clear signs of needing substantial renovation. The main living area has had its flooring removed, exposing the subfloor. The kitchen features highly dated dark wood cabinets, worn laminate countertops, old white appliances (refrigerator, dishwasher, built-in oven/microwave), a dated electric cooktop, and an old fluorescent light fixture. All bathrooms have very dated vanities with cultured marble countertops, older fixtures, and basic fiberglass shower/tub inserts. Carpets in the bedrooms are heavily worn and stained. The overall condition, including dated light fixtures, popcorn ceilings, and the explicit listing description stating it's 'ready for renovation' and requires 'sweat equity,' indicates a need for extensive rehabilitation rather than minor updates.
Year Built
1978
Close
-
List price
$395K
Original List price
-
Price/Sqft
$214
HOA
$438
Days on market
-
Sold On
-
MLS number
NS25175589
Home ConditionPoor
Features
Patio
View-

About this home

Steep 64K Price Improvement! This 3 bedroom, 3 bathroom, 1805 sqft condo is the perfect opportunity to purchase or invest near Allan Hancock College and is ready for renovation with great bones. A few of this homes amenities include pool access, large bedrooms with great size closets, a patio to relax and read a book while enjoying the Central Coast sunshine, and an attached 2 car garage. The greatest feature this home offers is the expansive primary suite with a large walk in closet, dual sinks, and separate vanity. With a little patience, imagination, TLC, and sweat equity, this diamond in the rough could be yours! Property is now a Short sale!!

J
Jolyn Bardi
Listing Agent
Condition Rating
Poor

Built in 1978, this property is 46 years old and shows clear signs of needing substantial renovation. The main living area has had its flooring removed, exposing the subfloor. The kitchen features highly dated dark wood cabinets, worn laminate countertops, old white appliances (refrigerator, dishwasher, built-in oven/microwave), a dated electric cooktop, and an old fluorescent light fixture. All bathrooms have very dated vanities with cultured marble countertops, older fixtures, and basic fiberglass shower/tub inserts. Carpets in the bedrooms are heavily worn and stained. The overall condition, including dated light fixtures, popcorn ceilings, and the explicit listing description stating it's 'ready for renovation' and requires 'sweat equity,' indicates a need for extensive rehabilitation rather than minor updates.
Pros & Cons

Pros

Significant Price Reduction: The property has seen a steep $64,000 price improvement, making it a potentially attractive value proposition for buyers.
Renovation Opportunity: Described as having 'great bones' and 'ready for renovation,' this condo offers significant potential for a buyer to add value and customize to their taste with 'sweat equity'.
Strategic Location: Its proximity to Allan Hancock College makes it ideal for students, faculty, or as a rental investment property.
Desirable Amenities: The property includes access to a pool, large bedrooms with ample closet space, a private patio, and an attached 2-car garage, enhancing lifestyle and convenience.
Expansive Primary Suite: A standout feature is the large primary suite, complete with a walk-in closet, dual sinks, and a separate vanity, offering a private and comfortable retreat.

Cons

Short Sale Status: Being a short sale, the transaction process can be complex, lengthy, and uncertain, potentially deterring some buyers.
Requires Extensive Renovation: The description explicitly states it needs 'patience, imagination, TLC, and sweat equity,' indicating significant additional investment and effort will be required post-purchase.
High Association Fees: The monthly association fee of $438 is substantial and adds a considerable recurring cost to homeownership, which could impact affordability.
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