9416 Cedar, Bloomington, California 92316, Bloomington, 92316 - 3 bed, 1 bath

9416 Cedar, Bloomington, California 92316 home-pic-0
ACTIVE$529,000$1,043/sqft
Est. Value: $522,551
-1%
FairlyEstimate
9416 Cedar, Bloomington, California 92316
3Beds
1Bath
1,043Sqft
7,400Lot

Price Vs. Estimate

The estimated value ($522,551.09) is $6,448.91 (1%) lower than the list price ($529,000). 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 = 7400, living area = 1043.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

Compared to the nearby listings

Price:$529.0K vs avg $542.5K ($-13,500)43%
Size:1,043 sqft vs avg 1,326 sqft17%
Price/sqft:$507 vs avg $41076%

More Insights

Built in 1955 (71 years old).
Condition: Despite being built in 1955, this property presents as move-in ready due to recent and extensive interior renovations. Both the main house kitchen and bathroom, as well as the converted studio's kitchen and bathroom, feature modern updates including new cabinets, countertops, fixtures, and flooring. The main living areas have new carpet, fresh paint, and recessed lighting. While the exterior and some major systems (like the main house's roof-mounted HVAC unit) may show their age, the significant interior updates and the overall 'well-kept' condition noted in the description align with the 'Good' category, indicating no immediate renovation is required.
Year Built
1955
Close
-
List price
$529K
Original List price
$529K
Price/Sqft
$507
HOA
-
Days on market
-
Sold On
-
MLS number
CV26012259
Home ConditionGood
Features
View-

About this home

WELCOME HOME!! THIS WELL KEPT PROPERTY FEATURES 3 BEDROOMS 1 BATHROOM WITH A LARGE GATED FRONT YARD PERFECT FOR THE KIDS TO PLAY AND THE DOGS TO RUN AROUND. PROPERTY SHOWS AS A 4 BEDROOM 2 BATH. THE GARAGE HAS BEEN CONVERTED INTO A STUDIO UNIT WITH ITS OWN KITCHEN AND BATHROOM. USE THE HOME A 4 BEDROOM OR LEAVE AS IS AND MAKE THE GARAGE AREA YOUR MOTHER IN LAW SUITE. PROPERTY HAS ALLEY ACCESS WITH AN ENOURMOUS BACKYARD WITH PLENTY OF PARKING AND ADDITTONAL ENTERTAINING SPACE. THE ALLEY HAS A DEAD END AND IS ONLY FOR THE LOCAL NEIGHBORS TO ACCESS. YOU MUST SEE THIS HOME TO APPRECIATE THE SPACE THE PRIVACY AND THE ENDLESS OPPORTUNITY. ALL INFORMATION IS DEEMED RELIABLE BUT NOT A GUARANTEE. BUYER AND BUYERS AGENT TO PERFORM THEIR OWN DUE DILIGENCE.

G
Gabriela Pena
Listing Agent

Price History

Date
Event
Price
08/14/23
Sold
$450,000
Condition Rating
Good

Despite being built in 1955, this property presents as move-in ready due to recent and extensive interior renovations. Both the main house kitchen and bathroom, as well as the converted studio's kitchen and bathroom, feature modern updates including new cabinets, countertops, fixtures, and flooring. The main living areas have new carpet, fresh paint, and recessed lighting. While the exterior and some major systems (like the main house's roof-mounted HVAC unit) may show their age, the significant interior updates and the overall 'well-kept' condition noted in the description align with the 'Good' category, indicating no immediate renovation is required.
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 = 7400, living area = 1043.
Versatile Garage Conversion: The garage has been converted into a studio unit with its own kitchen and bathroom, offering flexible use as a 4th bedroom, 2nd bath, or a private mother-in-law suite/rental unit.
Generous Outdoor Space: Features a large gated front yard, ideal for children and pets, and an enormous backyard providing ample space for various activities and entertaining.
Enhanced Privacy & Access: Benefits from private, dead-end alley access used only by local neighbors, contributing to a sense of seclusion and offering additional parking and utility.
Well-Maintained Condition: Described as a 'well kept property,' indicating a good state of maintenance and care by the current owners.
Abundant Parking & Entertainment Area: The enormous backyard combined with alley access provides significant space for parking multiple vehicles and hosting large gatherings.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Age of Construction: Built in 1955, the property is over 65 years old, which may suggest the need for updates to systems (e.g., electrical, plumbing, HVAC) or general modernization to meet contemporary standards.
Unverified Garage Conversion Legality: While the garage conversion adds value, the description does not confirm if it was done with proper permits, which could pose legal or insurance challenges for a new owner.
Limited Main House Bathrooms: The primary residence features only one bathroom for three bedrooms, which could be inconvenient for a family or multiple occupants and may not align with modern buyer preferences.
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