9847 Palmetto Avenue, Fontana, California 92335, Fontana, 92335 - 4 bed, 3 bath

9847 Palmetto Avenue, Fontana, California 92335 home-pic-0
ACTIVE$590,000$1,452/sqft
Est. Value: $525,381
-10%
AboveEstimate
9847 Palmetto Avenue, Fontana, California 92335
4Beds
3Baths
1,452Sqft
15,000Lot

Price Vs. Estimate

The estimated value ($525,381.195) is $64,618.805 (10%) lower than the list price ($590,000). 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 = 15000, living area = 1452.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$590.0K vs avg $565.0K (+$25,000)58%
Size:1,452 sqft vs avg 1,295 sqft59%
Price/sqft:$406 vs avg $42643%

More Insights

Built in 1942 (84 years old).
Condition: Built in 1942, this property is significantly outdated and requires substantial renovation. The kitchen features dated cabinets, countertops, and appliances, with one area appearing incomplete or partially demolished. Bathrooms are functional but basic and dated. The property lacks central HVAC, relying on window AC units and wall heaters, indicating major system upgrades are needed. While the description mentions 'great bones,' the overall condition, including worn flooring, dated light fixtures, and general cosmetic wear, necessitates considerable investment to meet modern living standards. The property is livable but very uncomfortable and requires extensive rehabilitation.
Year Built
1942
Close
-
List price
$590K
Original List price
$590K
Price/Sqft
$406
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25268
Home ConditionPoor
Features
Patio
View-

About this home

Nestled in the heart of Fontana, this spacious 4-bedroom, 3-bathroom home offers incredible potential and a generous lot that's hard to find. A gated front yard welcomes you with mature trees and a wide driveway, setting the stage for privacy and ample parking. Inside, you'll find an open living and dining area with tile flooring, a fireplace, and large windows that bring in natural light. The kitchen features plenty of cabinet space and opens to a flexible layout that's ideal for everyday living. The bedrooms are well-sized, offering options for family, guests, or a home office, and the additional bathrooms provide extra convenience for a busy household. Outside, the covered patio is perfect for gatherings, overlooking an expansive backyard with room to garden, play, or explore future possibilities. With its great bones, functional floor plan, and oversized lot, this property is a fantastic opportunity to update, customize, and create the home you've been envisioning in a convenient Fontana location close to shopping, schools, and commuter access.

M
Mark Mac Farlane
Listing Agent

Price History

Date
Event
Price
09/29/14
Sold
$275,000
12/21/10
Sold
$150,000
01/10/05
Sold
$315,000
Condition Rating
Poor

Built in 1942, this property is significantly outdated and requires substantial renovation. The kitchen features dated cabinets, countertops, and appliances, with one area appearing incomplete or partially demolished. Bathrooms are functional but basic and dated. The property lacks central HVAC, relying on window AC units and wall heaters, indicating major system upgrades are needed. While the description mentions 'great bones,' the overall condition, including worn flooring, dated light fixtures, and general cosmetic wear, necessitates considerable investment to meet modern living standards. The property is livable but very uncomfortable and requires extensive rehabilitation.
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 = 15000, living area = 1452.
Generous Lot Size: The property boasts a substantial 15,000 sqft lot, offering ample outdoor space for gardening, recreation, potential expansion, and enhanced privacy.
Customization Potential: Described as having 'great bones' and 'incredible potential,' this home is an ideal opportunity for buyers looking to update, customize, and add significant value.
Spacious Accommodation: With 4 well-sized bedrooms and 3 bathrooms, the property provides a flexible and ample living arrangement suitable for families or accommodating guests and home office needs.
Privacy and Parking: A gated front yard with mature trees and a wide driveway ensures privacy and offers abundant parking space, a valuable asset in many neighborhoods.
Convenient Location: Nestled in Fontana, the home benefits from a convenient location with easy access to shopping centers, schools, and major commuter routes.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age of Construction: Built in 1942, the property is significantly older, suggesting potential for outdated systems (e.g., plumbing, electrical, HVAC) and the need for substantial renovations to meet modern standards.
Requires Significant Renovation: The emphasis on 'potential to update, customize' indicates the property is not turn-key and will require considerable investment and effort from the buyer to modernize finishes and amenities.
Absence of Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks or natural surroundings from their home.
Browse Properties by State Browse housing market trends by state