8560 Nipa Avenue, California City, CA 93505, California City, 93505 - 3 bed, 2 bath
ACTIVE$275,000$1,309/sqft
Est. Value: $284,015
3%
BelowEstimate
8560 Nipa Avenue, California City, CA 93505
3Beds
2Baths
1,309Sqft
9,583.2Lot
Price Vs. Estimate
The estimated value ($284,014.98) is $9,014.98 (3%) higher than the list price ($275,000). This property may be underpriced.
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 = 9583, living area = 1309.
Top Cons:
Property Age Considerations: Constructed in 1991, the home's age suggests that major systems (e.g., HVAC, roof, plumbing) may be original or nearing the end of their typical lifespan, potentially requiring future capital expenditures.
Compared to the nearby listings
Price:$275.0K vs avg $271.0K (+$4,000)52%
Size:1,309 sqft vs avg 1,578 sqft26%
Price/sqft:$210 vs avg $17884%
More Insights
Built in 1991 (35 years old).
Condition: Built in 1991, the property has undergone significant and stylish interior renovations, including a modernized kitchen with upgraded cabinets, granite-look countertops, and new appliances, as well as updated bathrooms with modern vanities and fixtures. New laminate and carpet flooring, along with fresh paint, contribute to a move-in ready condition. While the age of major systems (HVAC, roof) is a consideration, the visible components are well-maintained and aesthetically pleasing, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1991
Close
-
List price
$275K
Original List price
-
Price/Sqft
$210
HOA
$0
Days on market
-
Sold On
-
MLS number
25008852
Home ConditionGood
Features
Patio
View-
About this home
Home buyer or Investor looking for a great home, this is it! This Home has 3 Bedrooms,2 bathrooms, and Features Interior Two-Tone Paint. The kitchen has upgraded cabinets, counter tops, sink and faucet, Carpet and laminate flooring through the house. The Back patio is covered and great for barbeque with friends. Close to all California City has in amenities and schools. NOTE pictures were taken when it was vacant.
R
Richard Warren
Listing Agent
Price History
Date
Event
Price
03/03/23
Sold
$265,000
12/21/22
Sold
$175,000
12/21/22
Sold
$135,000
05/15/09
Sold
$37,500
Condition Rating
Good
Built in 1991, the property has undergone significant and stylish interior renovations, including a modernized kitchen with upgraded cabinets, granite-look countertops, and new appliances, as well as updated bathrooms with modern vanities and fixtures. New laminate and carpet flooring, along with fresh paint, contribute to a move-in ready condition. While the age of major systems (HVAC, roof) is a consideration, the visible components are well-maintained and aesthetically pleasing, aligning with a property extensively renovated within the last 5-15 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 = 9583, living area = 1309.
Modernized Interior: The property boasts recent upgrades including a renovated kitchen with new cabinets, countertops, sink, and faucet, complemented by fresh two-tone paint and updated carpet and laminate flooring throughout.
Enhanced Outdoor Living: A covered back patio provides an excellent space for outdoor entertaining and relaxation, adding significant lifestyle value.
Convenient Community Access: Strategically located close to California City's amenities and schools, offering convenience for residents.
Absence of HOA Fees: The property benefits from no association fees, reducing the overall cost of homeownership.
Broad Buyer Appeal: Positioned as an attractive option for both first-time home buyers and real estate investors, indicating versatile market demand.
Cons
Property Age Considerations: Constructed in 1991, the home's age suggests that major systems (e.g., HVAC, roof, plumbing) may be original or nearing the end of their typical lifespan, potentially requiring future capital expenditures.
Modest Interior Square Footage: With 1309 square feet, the living space may be perceived as compact for a 3-bedroom residence, potentially limiting appeal for larger families or those desiring more expansive interiors.
Significant Recent Price Increase: The current listing price of $275,000 represents a substantial increase from recent sales, which may warrant careful consideration regarding market valuation and potential buyer perception of overpricing.