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8701 Underwood, California City, CA 93505, California City, 93505 - 3 bed, 2 bath

8701 Underwood, California City, CA 93505 home-pic-0
ACTIVE$260,000$1,776/sqft
Est. Value: $260,000
%
FairlyEstimate
8701 Underwood, California City, CA 93505
3Beds
2Baths
1,776Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($260,000) is $0 (0%) lower than the list price ($260,000). 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 = 10019, living area = 1776.
Top Cons:
Short Sale Transaction: The property is a short sale, which means the transaction is subject to lender approval, potentially leading to extended closing periods and uncertainty for prospective buyers.

Compared to the nearby listings

Price:$260.0K vs avg $270.0K ($-10,000)45%
Size:1,776 sqft vs avg 1,578 sqft68%
Price/sqft:$146 vs avg $17725%

More Insights

Built in 1992 (34 years old).
Condition: Despite being built in 1992, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The kitchen boasts new white cabinets, quartz countertops, subway tile backsplash, and modern stainless steel appliances. Both bathrooms are elegantly updated with tile and quartz. New laminate flooring and fresh paint throughout give the interior a virtually new and modern feel, with no visible deferred maintenance.
Year Built
1992
Close
-
List price
$260K
Original List price
-
Price/Sqft
$146
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25238702
Home ConditionExcellent
Features
View-

About this home

Welcome to this stunning 3-bedroom, 2-bathroom home offering 1,776 sq. ft. of stylish living space! Step into the spacious living room featuring gorgeous stacked stone fireplace, perfect for cozy evenings. The open dining and kitchen area provides the ideal space for gathering complete with quartz countertops, a breakfast bar, and stainless steel appliances for the modern chef. Enjoy laminate flooring and abundant natural light flowing throughout the home. Both bathrooms are elegantly finished with tile and quartz countertops, giving a luxurious touch. The primary suite is a true retreat with a large master bath for added comfort. A sliding glass door leads to the backyard perfect for relaxing, entertaining, or creating your own outdoor oasis. Modern updates, elegant finishes, and a functional layout make this home a must-see! Dont miss the opportunity to call this beautiful property your new home in California City. Schedule your showing today. Short Sale subject to lender approval

J
Janet Nilles
Listing Agent

Price History

Date
Event
Price
09/02/22
Sold
$335,000
07/15/22
Sold
$150,000
Condition Rating
Excellent
Despite being built in 1992, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The kitchen boasts new white cabinets, quartz countertops, subway tile backsplash, and modern stainless steel appliances. Both bathrooms are elegantly updated with tile and quartz. New laminate flooring and fresh paint throughout give the interior a virtually new and modern feel, with no visible 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 = 10019, living area = 1776.
Modern Kitchen: The kitchen boasts quartz countertops, a breakfast bar, and stainless steel appliances, offering a contemporary and functional space for cooking and entertaining.
Updated Bathrooms: Both bathrooms are elegantly finished with tile and quartz countertops, providing a luxurious and modern aesthetic.
Stylish Interior Features: The home includes a gorgeous stacked stone fireplace, laminate flooring throughout, and abundant natural light, enhancing its overall appeal and comfort.
Spacious & Functional Layout: With 1,776 sq. ft. of living space, an open dining and kitchen area, and a spacious living room, the layout is ideal for comfortable living and gatherings.
Outdoor Potential: A sliding glass door leads to a backyard on a generous 10,019 sq. ft. lot, offering ample space for relaxation, entertaining, or creating a personalized outdoor oasis.

Cons

Short Sale Transaction: The property is a short sale, which means the transaction is subject to lender approval, potentially leading to extended closing periods and uncertainty for prospective buyers.
Absence of Cooling System: The property description does not mention the presence of a cooling system (e.g., air conditioning), which could be a significant comfort drawback during hot weather in California City.
Inconsistent Price History: The recent sales history shows significant price volatility ($150,000 then $335,000 within months, now a $260,000 short sale), which may raise questions about market stability or previous transaction complexities.
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