950 Knoll, San Bernardino, California 92408, San Bernardino, 92408 - 2 bed, 1 bath
ACTIVE$395,000
950 Knoll, San Bernardino, California 92408
2Beds
1Bath
821Sqft
6,850Lot
Price Vs. Estimate
The estimated value ($381,430.745) is $13,569.255 (3%) lower than the list price ($395,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size & ADU Potential: The nearly 6,800 square foot lot offers significant room for expansion, the addition of an Accessory Dwelling Unit (ADU), or creating extensive outdoor living spaces, which is highly desirable in today's market.
Top Cons:
Compact Living Space: With only 821 square feet of living space, the interior is quite small, which may limit its appeal to buyers needing more room or those with larger families.
Compared to the nearby listings
Price:$395.0K vs avg $497.5K ($-102,500)14%
Size:821 sqft vs avg 1,213.5 sqft14%
Price/sqft:$481 vs avg $38273%
More Insights
Built in 1942 (83 years old).
Condition: Built in 1942, the property shows a mix of cosmetic updates and dated features. The kitchen has newer stainless steel appliances and updated cabinet paint, but the countertops and floor tiles are visibly outdated. The bathroom appears to have had a cosmetic refresh with updated paint and a basic vanity, but lacks modern fixtures or a full renovation. The presence of multiple window and portable AC units suggests a lack of central cooling, indicating an older system. While some areas feature modern wood-look tile and recessed lighting, the overall condition, particularly in key areas like the kitchen and bathroom, and the lack of central HVAC, points to a property that is functional but requires substantial updates to meet contemporary standards, aligning with the 'fair' category.
Year Built
1942
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
IV25267935
Home ConditionFair
Features
View-
About this home
Welcome home to this charming 2-bedroom, 1-bath bungalow located in the heart of the Valley College neighborhood of San Bernardino. This cozy home offers approximately 821 square feet of living space on a generously sized lot of nearly 6,800 square feet. Built in 1942, the property retains its classic character while offering plenty of opportunity for customization and future upside. The spacious lot provides room for expansion, ADU potential, or creating your ideal outdoor living space, which is increasingly sought after in this neighborhood. Whether you’re a first-time buyer, investor, or someone looking for a project with great equity potential, this property offers a fantastic opportunity to secure real estate in a growing and convenient San Bernardino pocket close to schools, freeways, and local amenities. This is your chance to maximize value and create something special in a neighborhood that continues to trend upward. STOP BUY!!!
Price History
Date
Event
Price
04/28/94
Sold
$79,000
12/23/09
Sold
$76,000
11/15/06
Sold
$265,000
12/29/04
Sold
$168,000
Condition Rating
Fair
Built in 1942, the property shows a mix of cosmetic updates and dated features. The kitchen has newer stainless steel appliances and updated cabinet paint, but the countertops and floor tiles are visibly outdated. The bathroom appears to have had a cosmetic refresh with updated paint and a basic vanity, but lacks modern fixtures or a full renovation. The presence of multiple window and portable AC units suggests a lack of central cooling, indicating an older system. While some areas feature modern wood-look tile and recessed lighting, the overall condition, particularly in key areas like the kitchen and bathroom, and the lack of central HVAC, points to a property that is functional but requires substantial updates to meet contemporary standards, aligning with the 'fair' category.
Pros & Cons
Pros
Generous Lot Size & ADU Potential: The nearly 6,800 square foot lot offers significant room for expansion, the addition of an Accessory Dwelling Unit (ADU), or creating extensive outdoor living spaces, which is highly desirable in today's market.
Desirable Neighborhood & Location: Located in the 'Valley College neighborhood' of San Bernardino, described as increasingly sought after and trending upward, with convenient access to schools, freeways, and local amenities.
Strong Investment & Equity Potential: Marketed as an excellent opportunity for first-time buyers or investors, offering 'great equity potential' in a growing market, allowing for value maximization through customization.
Classic Architectural Charm: Built in 1942, the bungalow retains its classic character, appealing to buyers who appreciate historical charm and unique architectural styles, offering a distinct alternative to newer constructions.
Versatile Buyer Appeal: The property is explicitly positioned to attract a broad range of buyers, including first-time homeowners, investors, and those seeking a renovation project with significant upside.
Cons
Compact Living Space: With only 821 square feet of living space, the interior is quite small, which may limit its appeal to buyers needing more room or those with larger families.
Age and Renovation Requirements: Built in 1942, the property likely requires significant modernization and updates to meet contemporary standards and preferences, implying additional investment beyond the purchase price.
Limited Bathroom Count: The presence of only one bathroom for a two-bedroom home can be a functional inconvenience and a significant drawback for many prospective buyers.