918 Ann Arbor Avenue, Ventura, California 93004, Ventura, 93004 - 3 bed, 2 bath

918 Ann Arbor Avenue, Ventura, California 93004 home-pic-0
ACTIVE$949,990
918 Ann Arbor Avenue, Ventura, California 93004
3Beds
2Baths
1,209Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($875,229.405) is $74,760.595 (7%) lower than the list price ($949,990). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant recent renovations including a new roof, windows, furnace, garage door, and flooring, ensuring a modern and well-maintained home.
Top Cons:
History of Price Reductions & Overvaluation: Multiple price drops and a current listing price significantly above the estimated market value (13% higher) may indicate overpricing or market resistance.

Compared to the nearby listings

Price:$950.0K vs avg $877.5K (+$72,490)64%
Size:1,209 sqft vs avg 1,669 sqft8%
Price/sqft:$786 vs avg $51998%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone an extensive and recent renovation, aligning perfectly with 'Excellent' criteria. The listing explicitly states 'new roof, windows, furnace, garage door' and 'fully updated with new flooring.' The kitchen is 'beautifully remodeled with new cabinets, new counter tops, new back splash' and features modern stainless steel appliances and a contemporary open concept. Both bathrooms are 'upgraded' with 'new stand alone shower' and 'newly designed tile,' showcasing current styles and features. The images confirm a virtually new interior with modern finishes, recessed lighting, and a fresh aesthetic throughout, indicating no deferred maintenance and minimal physical depreciation.
Year Built
1964
Close
-
List price
$950K
Original List price
$985K
Price/Sqft
$786
HOA
-
Days on market
-
Sold On
-
MLS number
V1-31847
Home ConditionExcellent
Features
Patio
View-

About this home

Look no further! Welcome to This Premier Single Story, Corner Location with 3 bedrooms 2 baths home in Ventura. New roof, windows, furnace, garage door and many other items. Beautifully remodeled kitchen with new cabinets, new counter tops, new back splash. Upgraded guest bathroom has new stand alone shower. Master restroom has stand alone shower with newly designed tile. Good size windows throughout home for lots of sunshine to brighten up the home. It has been fully updated with new flooring. Open concept in living room, family room, kitchen and dining area. Property offers quality work throughout with nothing to spare. Perfect home for entertaining. Lots of space for a potential ADU, Pool or both. Come and see for yourself! Welcome HOME!!

Nearby schools

6/10
Citrus Glen Elementary School
Public,K-50.2mi
6/10
Balboa Middle School
Public,6-82.2mi
6/10
Buena High School
Public,9-122.7mi
Condition Rating
Excellent

Despite being built in 1964, this property has undergone an extensive and recent renovation, aligning perfectly with 'Excellent' criteria. The listing explicitly states 'new roof, windows, furnace, garage door' and 'fully updated with new flooring.' The kitchen is 'beautifully remodeled with new cabinets, new counter tops, new back splash' and features modern stainless steel appliances and a contemporary open concept. Both bathrooms are 'upgraded' with 'new stand alone shower' and 'newly designed tile,' showcasing current styles and features. The images confirm a virtually new interior with modern finishes, recessed lighting, and a fresh aesthetic throughout, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant recent renovations including a new roof, windows, furnace, garage door, and flooring, ensuring a modern and well-maintained home.
Modernized Interior Spaces: Features a beautifully remodeled kitchen with new cabinets, countertops, and backsplash, alongside upgraded bathrooms with new stand-alone showers and designer tile.
Corner Lot with Expansion Potential: Its premier corner location and generous 6,534 sqft lot offer excellent potential for adding an Accessory Dwelling Unit (ADU) or a pool, enhancing future value.
Open Concept Design: An open-concept layout seamlessly connects the living room, family room, kitchen, and dining area, providing a spacious and contemporary feel ideal for entertaining.
Single-Story Accessibility: The single-story design offers broad appeal, providing easy accessibility and convenience for various lifestyles.

Cons

History of Price Reductions & Overvaluation: Multiple price drops and a current listing price significantly above the estimated market value (13% higher) may indicate overpricing or market resistance.
Absence of Scenic Views: The property lacks any notable scenic views, which could be a disadvantage for buyers prioritizing vistas in a Ventura location.
No Mention of Cooling System: While heating is updated, the absence of any mention of a cooling system (e.g., air conditioning) could be a drawback during warmer periods.

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