1107 S Greenwood Avenue, Ontario, California 91761, Ontario, - bed, bath
ACTIVE$525,000
1107 S Greenwood Avenue, Ontario, California 91761
2Beds
1Bath
696Sqft
6,500Lot
Year Built
1955
Close
-
List price
$525K
Original List price
$550K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25172340
Home ConditionPoor
Features
ViewNeighborhood
About this home
Great starter family home, centrally located to schools, shopping and freeways.
Price History
Date
Event
Price
10/01/25
Price Change
$525,000-4.5%
08/05/25
$550,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (178 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 8% |
| Baths | 1 | 3 | 5% |
| Square foot | 696 | 1,772 | 2% |
| Lot Size | 6,500 | 5,700 | 61% |
| Price | $525K | $753K | 3% |
| Price per square foot | $754 | $412 | 99% |
| Built year | 1955 | 1988 | 7% |
| HOA | |||
| Days on market | 92 | 174 | 16% |
Condition Rating
Poor
Built in 1955, this property is nearly 70 years old. The kitchen features a very dated gas range, basic ceiling fan, and old ceramic tile flooring, indicating no significant renovations in 30-50+ years. While livable, the property requires substantial rehabilitation, including major updates to the kitchen, likely the bathroom (unseen but probable given the age and visible conditions), and potentially major systems (electrical, plumbing, HVAC) to meet modern standards and comfort. The overall aesthetic is significantly outdated.
Pros & Cons
Pros
Prime Location: The property is centrally located to schools, shopping, and freeways, offering excellent convenience and accessibility for residents.
Generous Lot Size: With a 6,500 sqft lot, there is ample outdoor space for potential expansion, landscaping, or recreational activities.
Ideal Starter Home: Marketed as a 'Great starter family home,' it appeals to first-time buyers or small families looking for an entry-level property.
Recent Price Adjustment: The listing price has been reduced from $550,000 to $525,000, indicating seller motivation and potential for a more competitive offer.
Single-Family Residence: The property is a desirable single-family residence, offering privacy and independent living in a residential neighborhood.
Cons
Compact Living Space: With only 696 sqft, the interior living area is quite small, which may limit comfort and functionality for some buyers.
Older Construction: Built in 1955, the property is nearly 70 years old, potentially requiring significant updates to systems, infrastructure, or aesthetics to meet modern standards.
Overpriced Relative to Estimate: The current listing price of $525,000 is 22% higher than the estimated property value of $408,824.14, suggesting it may be overvalued in the current market.