959 Janet Lane, Lafayette, California 94549, Lafayette, 94549 - 3 bed, 3 bath

959 Janet Lane, Lafayette, California 94549 home-pic-0
ACTIVE$1,426,900
959 Janet Lane, Lafayette, California 94549
3Beds
3Baths
1,863Sqft
19,050Lot

Price Vs. Estimate

The estimated value ($1,318,141.475) is $108,758.525 (7%) lower than the list price ($1,426,900). 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 = 19050, living area = 1863.
Top Cons:
As-Is Sale Condition: The property is explicitly sold 'as-is,' indicating potential for required repairs, updates, and no seller-funded concessions, which may necessitate a larger upfront investment from the buyer.

Compared to the nearby listings

Price:$1.43M vs avg $2.00M ($-573,100)17%
Size:1,863 sqft vs avg 2,435 sqft23%
Price/sqft:$766 vs avg $84639%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property is explicitly listed as an 'AS-IS SALE' and described as needing 'extensive modernization of systems and finishes.' This indicates that major components, including likely original or very outdated kitchens and bathrooms, require substantial repairs and rehabilitation rather than just minor updates. The lack of interior photos prevents a detailed assessment of specific styles, but the age and 'as-is' condition strongly suggest a need for a full overhaul of all major systems and cosmetic elements.
Year Built
1950
Close
-
List price
$1.43M
Original List price
$1.66M
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
IV25188159
Home ConditionPoor
Features
View-

About this home

Welcome to a wonderful opportunity in Lafayette, CA. This home appears to have been built in 1950 and sits on a large lot of approx. 19,050 sq. ft. It appears to have approx. 1,863 sq. ft. to the home. Do not wait on this opportunity. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property

Condition Rating
Poor

Built in 1950, this property is explicitly listed as an 'AS-IS SALE' and described as needing 'extensive modernization of systems and finishes.' This indicates that major components, including likely original or very outdated kitchens and bathrooms, require substantial repairs and rehabilitation rather than just minor updates. The lack of interior photos prevents a detailed assessment of specific styles, but the age and 'as-is' condition strongly suggest a need for a full overhaul of all major systems and cosmetic elements.
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 = 19050, living area = 1863.
Prime Lafayette Location: Situated in Lafayette, CA, a highly desirable city known for its excellent schools and quality of life, offering strong long-term appeal.
Generous Lot Size: A substantial 19,050 sq. ft. lot provides ample outdoor space, privacy, and potential for landscaping, expansion, or additional amenities.
Favorable Bathroom Count: With 3 bathrooms for 3 bedrooms, the property offers a convenient and functional layout for residents and guests.
Excellent School District: Located within the reputable Lafayette High School District, a significant draw for families seeking top-tier educational opportunities.
Renovation Potential: Built in 1950, the home presents a valuable opportunity for buyers to modernize, customize, and add significant equity through renovation.

Cons

As-Is Sale Condition: The property is explicitly sold 'as-is,' indicating potential for required repairs, updates, and no seller-funded concessions, which may necessitate a larger upfront investment from the buyer.
Overpriced Relative to Market & Price History: The current list price is considerably higher than the estimated property value, compounded by a history of multiple price reductions, suggesting potential overvaluation and market resistance.
Older Construction & Lack of Views: Built in 1950, the home likely requires extensive modernization of systems and finishes, and the absence of any notable views may be a drawback for some buyers in this premium location.

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