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11198 Fairmont Street, Adelanto, California 92301, Adelanto, 92301 - 4 bed, 2 bath

11198 Fairmont Street, Adelanto, California 92301 home-pic-0
ACTIVE UNDER CONTRACT$429,000
11198 Fairmont Street, Adelanto, California 92301
4Beds
2Baths
1,875Sqft
9,464Lot
Year Built
2005
Close
-
List price
$429K
Original List price
$449K
Price/Sqft
$229
HOA
-
Days on market
-
Sold On
-
MLS number
24391981
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,6 Pros. Rank: price - $429.0K(59th), sqft - 1875(67th), beds - 4(50th), baths - 2(50th).

BACK ON THE MARKET! Buyer didn't qualify..... Priced below appraised value of $442,500. Beautiful single story home located in a fantastic South Adelanto neighborhood on a cul de sac. Built in 2005, this home sits on an extra large lot with fruit trees and garden, covered patio perfect for entertaining, gated RV/Boat parking or room for extra cars, storage shed, covered storage area and fire-pit. This large family home features an open floorplan, recently updated kitchen with white shaker cabinets, new range and dishwasher, new laminate wood floors throughout, cozy fireplace in family room, totally updated bathroom, fresh paint inside and out, Wize thermostat and MyQ garage door controller. Master bedroom features a walk in closet, double sink, soaking tub and separate shower. Solar panel system boasts 145% capacity. Located close to schools and shops this wonderful single story home is move-in ready and awaiting to welcome its new family to enjoy all that it has to offer.

Condition Rating
Excellent
Built in 2005, this property has undergone extensive recent renovations, including a 'recently updated kitchen' with white shaker cabinets, new range and dishwasher, 'new laminate wood floors throughout,' a 'totally updated bathroom,' and 'fresh paint inside and out.' The addition of a high-capacity solar panel system and smart home features like a Wize thermostat further enhance its modern appeal and efficiency. The images confirm a contemporary, clean, and virtually new interior, particularly in the kitchen and bathrooms, with no visible deferred maintenance.
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 = 9464, living area = 1875.
Value Proposition: The property is priced below its appraised value of $442,500, offering potential immediate equity for the buyer.
Extensive Recent Updates: The home boasts a recently updated kitchen with white shaker cabinets, new range and dishwasher, new laminate wood floors throughout, a totally updated bathroom, and fresh paint inside and out, making it move-in ready.
Energy Efficiency: Equipped with a high-capacity solar panel system (145% capacity), promising significant energy savings and reduced utility costs.
Desirable Outdoor Amenities: Features an extra-large lot with fruit trees, a garden, covered patio for entertaining, gated RV/Boat parking, a storage shed, covered storage area, and a fire-pit, enhancing outdoor living and utility.
Prime Location & Layout: Located in a fantastic South Adelanto cul-de-sac neighborhood, close to schools and shops, and features a desirable open floorplan.

Cons

Discrepancy with Estimated Value: The current listing price of $429,000 is notably higher than the provided property estimation value of $365,378.78, which may require justification for potential buyers or lenders.
Previous Transaction Failure: The property is back on the market due to a previous buyer's inability to qualify, which could raise concerns or questions for new prospective buyers regarding financing or the property's marketability.
Potential Lack of Central Air Conditioning: While a 'Wize thermostat' is mentioned, the description does not explicitly confirm the presence of a central air conditioning system, which could be a significant consideration in Adelanto's climate.

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