1123 E Pennsylvania Avenue, Redlands, California 92374, Redlands, 92374 - 4 bed, 4 bath

1123 E Pennsylvania Avenue, Redlands, California 92374 home-pic-0
ACTIVE$769,000
1123 E Pennsylvania Avenue, Redlands, California 92374
4Beds
4Baths
2,750Sqft
7,867Lot

Price Vs. Estimate

The estimated value ($651,179.12) is $117,820.88 (15%) lower than the list price ($769,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Generational Suitability: The property is explicitly noted as perfect for multi-generational families, featuring a master bedroom and additional amenities on the main level, complemented by a private suite upstairs.
Top Cons:
Significant Price Discrepancy: The listing price of $769,000 is considerably higher than the estimated property value of $651,179.12, which may present a challenge in attracting buyers at the current price point.

Compared to the nearby listings

Price:$769.0K vs avg $602.5K (+$166,500)89%
Size:2,750 sqft vs avg 1,648 sqft90%
Price/sqft:$280 vs avg $35712%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is move-in ready and well-maintained. The kitchen features modern white shaker cabinets, sleek quartz countertops, and stainless steel appliances, indicating a recent update. Bathrooms are clean and functional with light wood vanities and tile, though their style is a bit more dated than the kitchen. Flooring is a mix of neutral tile and laminate wood, all in good condition. The home benefits from dual A/C units and an open floor plan, making it comfortable and appealing, aligning with the 'Good' score criteria for a property of its age with some key updates.
Year Built
2005
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$280
HOA
$73
Days on market
-
Sold On
-
MLS number
IV25135375
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

Welcome to this stunning two-story residence, located in a peaceful neighborhood on a tree lined street, near the University of Redlands. This elegant home is a perfect blend of comfort and sophistication, making it an ideal choice for those seeking a refined lifestyle in a vibrant community. The exterior features a classic look that invites you in, while inside, plain white walls create a airy atmosphere throughout the open floor plan. The open floor plan enhances the spacious feel, allowing for easy movement between rooms. The spacious living area seamlessly connects to the dining space, making it ideal for gatherings or quiet evenings at home. The kitchen features sleek tile flooring, quartz countertops and backsplash offering both durability and a modern touch. With dual A/C units strategically placed, comfort is guaranteed year-round when it is warm outside. The master bedroom on the main level provides convenience and privacy, complete with large windows that lets in natural light and a sliding door that leads to the tranquil backyard. Two other bedrooms, full size bathroom, and quarter guest bath is conveniently located on the main floor as well as also is the laundry room. Upstairs, you will find another large bedroom with walk-in closet and a private bath with dressing area. This beautiful residence awaits your personal touches to transform it into a cherished home and would be perfect for a multi-generational family.

Condition Rating
Good

Built in 2005, this property is move-in ready and well-maintained. The kitchen features modern white shaker cabinets, sleek quartz countertops, and stainless steel appliances, indicating a recent update. Bathrooms are clean and functional with light wood vanities and tile, though their style is a bit more dated than the kitchen. Flooring is a mix of neutral tile and laminate wood, all in good condition. The home benefits from dual A/C units and an open floor plan, making it comfortable and appealing, aligning with the 'Good' score criteria for a property of its age with some key updates.
Pros & Cons

Pros

Multi-Generational Suitability: The property is explicitly noted as perfect for multi-generational families, featuring a master bedroom and additional amenities on the main level, complemented by a private suite upstairs.
Modern & Upgraded Kitchen: The kitchen boasts sleek tile flooring, quartz countertops, and a backsplash, providing a contemporary and durable space for cooking and entertaining.
Dual Zone Climate Control: Equipped with dual A/C units, the home ensures year-round comfort and efficient temperature management, a significant advantage in warmer climates.
Desirable Location: Situated in a peaceful, tree-lined neighborhood near the University of Redlands, offering a vibrant community feel and convenient access to local amenities.
Spacious Open Floor Plan: The open floor plan with plain white walls creates an airy and spacious atmosphere, enhancing flow and making it ideal for gatherings and daily living.

Cons

Significant Price Discrepancy: The listing price of $769,000 is considerably higher than the estimated property value of $651,179.12, which may present a challenge in attracting buyers at the current price point.
Potential for Additional Investment: The description indicates the residence 'awaits your personal touches,' suggesting that while elegant, buyers may need to budget for further customization or upgrades to fully align with their preferences.
Undescribed Backyard Features: The backyard is only vaguely described as 'tranquil' with master bedroom access, lacking specific details or amenities that could enhance its appeal and value, potentially requiring buyer investment for landscaping or outdoor living spaces.

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