8961 Newcastle Avenue, Hesperia, California 92344, Hesperia, 92344 - 4 bed, 3 bath

8961 Newcastle Avenue, Hesperia, California 92344 home-pic-0
ACTIVE$499,900
8961 Newcastle Avenue, Hesperia, California 92344
4Beds
3Baths
2,601Sqft
7,900Lot

Price Vs. Estimate

The estimated value ($437,942.325) is $61,957.675 (12%) lower than the list price ($499,900). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Living Space: The spacious loft offers significant flexibility, easily convertible into a 5th bedroom, home office, gym, or additional lounge area to suit diverse buyer needs.
Top Cons:
Overpriced Relative to Market Estimate: The current listing price of $499,900 is notably higher than the estimated property value of $437,942, indicated by a -12% estimation ratio, suggesting it may be overpriced compared to market expectations.

Compared to the nearby listings

Price:$499.9K vs avg $530.0K ($-30,095)33%
Size:2,601 sqft vs avg 2,344.5 sqft67%
Price/sqft:$192 vs avg $24812%

More Insights

Built in 2003 (22 years old).
Condition: The property was built in 2003, making it 21 years old. While generally well-maintained and functional, the interior, particularly the kitchen and bathrooms, shows signs of being outdated. The kitchen features light oak cabinets and white tile countertops, which are characteristic of its build era and would require updating to meet current aesthetic standards. Bathroom vanities also appear to be original with similar dated finishes. Flooring includes stained concrete and beige carpeting, which are functional but not modern. The light fixtures and ceiling fans also reflect an older style. No significant recent renovations are mentioned or evident in the images, placing it in the 'Fair' category where minor updates are required due to age and outdated components.
Year Built
2003
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$192
HOA
-
Days on market
-
Sold On
-
MLS number
HD25115350
Home ConditionFair
Features
Spa
Patio
ViewNeighborhood

About this home

***Stylish Two-Story Home, Corner Lot, with Loft, RV Parking & 3 Car-Garage***This Spacious home checks all the boxes! 4 Bedrooms, 3 bathrooms and a Spacious Loft that can an additional 5th bedroom, home office, Gym, play area or extra lounge space***Offering both functionality and comfort, this home is also close to the freeway, schools, parks and shopping centers, making your commute a breeze and all while enjoying the peace of a residential neighborhood**Step outside to unwind in your private SPA surrounded by lush green landscaping-perfect for relaxing or those weekend gatherings**Bring all of your toys, you will love the RV Gated Parking & 3-Car Garage***

Condition Rating
Fair

The property was built in 2003, making it 21 years old. While generally well-maintained and functional, the interior, particularly the kitchen and bathrooms, shows signs of being outdated. The kitchen features light oak cabinets and white tile countertops, which are characteristic of its build era and would require updating to meet current aesthetic standards. Bathroom vanities also appear to be original with similar dated finishes. Flooring includes stained concrete and beige carpeting, which are functional but not modern. The light fixtures and ceiling fans also reflect an older style. No significant recent renovations are mentioned or evident in the images, placing it in the 'Fair' category where minor updates are required due to age and outdated components.
Pros & Cons

Pros

Versatile Living Space: The spacious loft offers significant flexibility, easily convertible into a 5th bedroom, home office, gym, or additional lounge area to suit diverse buyer needs.
Ample Parking & Storage: The property boasts highly desirable features including RV gated parking and a 3-car garage, providing extensive space for vehicles, recreational toys, and storage.
Desirable Outdoor Amenities: A private SPA surrounded by lush green landscaping creates an ideal setting for relaxation and entertaining, enhancing the property's lifestyle appeal.
Convenient Location: Its proximity to the freeway, schools, parks, and shopping centers ensures easy commutes and convenient access to essential amenities, appealing to a broad buyer demographic.
Corner Lot Advantage: Positioned on a corner lot, the home benefits from increased privacy, potentially a larger yard, and fewer direct neighbors, adding to its overall desirability.

Cons

Overpriced Relative to Market Estimate: The current listing price of $499,900 is notably higher than the estimated property value of $437,942, indicated by a -12% estimation ratio, suggesting it may be overpriced compared to market expectations.
Potential for Outdated Interior Finishes: The description lacks specific mention of recent major interior renovations (e.g., updated kitchen, bathrooms, or flooring), which are highlighted in several comparable properties, potentially making it less competitive against more recently updated homes.
Absence of Mentioned Cooling System: The property details do not specify the presence or type of cooling system, which is a critical amenity in California's climate and could be a significant concern for potential buyers.

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