123 Colorado, Pomona, California 91766, Pomona, 91766 - 4 bed, 3 bath

123 Colorado, Pomona, California 91766 home-pic-0
ACTIVE$799,000
123 Colorado, Pomona, California 91766
4Beds
3Baths
1,924Sqft
2,427Lot

Price Vs. Estimate

The estimated value ($814,964.445) is $15,964.445 (1%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modernity: Built in 2023 with an open-concept layout, high-quality flooring, and contemporary design, offering a move-in ready experience.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2427, living area = 1924.

Compared to the nearby listings

Price:$799.0K vs avg $692.0K (+$107,000)69%
Size:1,924 sqft vs avg 1,388 sqft77%
Price/sqft:$415 vs avg $49717%

More Insights

Built in 2023 (2 years old).
Condition: This property was newly constructed in 2023, making it virtually brand new. All components, including the kitchen with its modern white shaker cabinets, granite countertops, and stainless steel appliances, and the bathrooms with contemporary vanities and tiling, are new and meet current quality standards. The flooring is a mix of high-quality laminate/LVP and clean, light-colored carpet. Lighting consists of modern recessed and flush-mount fixtures. There is no deferred maintenance, and the property includes desirable upgrades like fully paid solar panels and a Tesla charging station, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2023
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$415
HOA
$185
Days on market
-
Sold On
-
MLS number
TR25249188
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Experience contemporary living in this exquisite single-family home, newly constructed in 2023 and perfectly located for ultimate convenience. Just a quick 2-minute drive from the freeway, this residence provides seamless access to nearby cities, supermarkets, and shopping centers. Spanning 1,924 sq. ft. on a 2,424 sq. ft. lot, the home features 4 spacious bedrooms and 3 full bathrooms, including a conveniently located first-floor bedroom and bathroom, ideal for guests or elderly family members. The home boasts an open-concept layout that combines the living room, dining area, and kitchen into a bright and welcoming space. Sliding glass doors open to the backyard, inviting ample natural light indoors. A sizable loft on the second floor offers versatile options for a home office, playroom, or additional lounge area. This property is packed with upgrades, including high-quality flooring, fully paid solar panels, and a low-maintenance backyard and side yard. The expansive two-car garage is equipped with a Tesla charging station and an extra freezer for added convenience.Enjoy the benefits of low property taxes and affordable HOA fees, along with access to fantastic community amenities such as a swimming pool and a lovely park, perfect for family gatherings or pet playtime. Nestled in a friendly neighborhood filled with new homes, this property is an exceptional opportunity for both comfortable living and smart investment.

Condition Rating
Excellent

This property was newly constructed in 2023, making it virtually brand new. All components, including the kitchen with its modern white shaker cabinets, granite countertops, and stainless steel appliances, and the bathrooms with contemporary vanities and tiling, are new and meet current quality standards. The flooring is a mix of high-quality laminate/LVP and clean, light-colored carpet. Lighting consists of modern recessed and flush-mount fixtures. There is no deferred maintenance, and the property includes desirable upgrades like fully paid solar panels and a Tesla charging station, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modernity: Built in 2023 with an open-concept layout, high-quality flooring, and contemporary design, offering a move-in ready experience.
Exceptional Accessibility: Strategically located just 2 minutes from the freeway, providing convenient access to major cities, shopping, and essential amenities.
Energy Efficiency & Smart Home Features: Equipped with fully paid solar panels and a Tesla charging station in the garage, significantly reducing utility costs and enhancing modern living.
Flexible & Functional Layout: Features 4 bedrooms and 3 bathrooms, including a desirable first-floor bedroom/bath, plus a versatile second-floor loft, catering to diverse living needs.
Community & Cost Benefits: Enjoys low property taxes, affordable HOA fees, and access to desirable community amenities like a swimming pool and park.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2427, living area = 1924.
Limited Outdoor Space: The 2,424 sq. ft. lot size is relatively small for a single-family home, offering minimal private outdoor area.
Ongoing HOA Dues: Despite being described as affordable, the $185 monthly HOA fee is an additional recurring cost for homeowners.
Price Point vs. Market Estimate: The current listing price is slightly above the property's estimated market value, which may require careful consideration for potential buyers.

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