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1291 Kelley Avenue, Corona, California 92882, Corona, 92882 - 4 bed, 2 bath

1291 Kelley Avenue, Corona, California 92882 home-pic-0
ACTIVE$750,000
1291 Kelley Avenue, Corona, California 92882
4Beds
2Baths
1,539Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($367,861.385) is $382,138.615 (50%) lower than the list price ($750,000). 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 = 7405, living area = 1539.
Top Cons:
Ongoing Solar Payment Obligation: The solar contract requires a monthly payment of $162.50, which is an additional fixed expense for the new owner, rather than a fully owned and paid-off system.

Compared to the nearby listings

Price:$750.0K vs avg $815.0K ($-65,000)36%
Size:1,539 sqft vs avg 1,920 sqft25%
Price/sqft:$487 vs avg $43080%

More Insights

Built in 1964 (61 years old).
Condition: This property, despite being built in 1964, has undergone extensive and high-quality modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features tastefully modern white cabinetry, light grey quartz countertops, stainless steel appliances, and a subway tile backsplash, all appearing new or virtually new. The master bathroom boasts white cabinetry, quartz countertops, and a large standing shower with beautiful tile and a glass door, reflecting current design standards. New laminate/LVP flooring is present throughout the main living areas and bedrooms, and the fireplace has been updated with modern stone veneer. The addition of solar panels further enhances its modern appeal and efficiency. While the property analysis notes the absence of central air conditioning as a weakness, the overall condition of the visible and key renovated areas meets the 'excellent' criteria for being extensively renovated recently with minimal physical depreciation.
Year Built
1964
Close
-
List price
$750K
Original List price
$760K
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
CV25067675
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Nestled in the much desired city of Corona, your modern pool home is located conveniently near the 91 freeway, shopping centers, schools, and much more. Take a look inside, where you'll fall in love with the open floor plan and the beautiful features throughout. As you make your way into your family room, you'll notice the large fireplace in between two large windows that give you a beautiful view of your front yard. Your tastefully modern kitchen offers all white cabinetry, light grey quartz counter tops, all stainless steel appliances, and a large window that lets you overlook into your backyard. Make your way down the hallway where you'll find all the bedrooms and both bathrooms. As you step into your full master bathroom with white cabinetry and quartz counter tops, you'll find a large standing shower with beautiful tile all around and a large glass door. The best feature of this home is the spacious backyard, perfect for entertaining all your family and friends. Offering a large in ground pool and plenty of patio space which will allow you to convert this space into your dream backyard. Come tour this beautiful pool home. Solar will be transferred to new owner $162.50 per month (solar contract is a purchase).

Condition Rating
Excellent
This property, despite being built in 1964, has undergone extensive and high-quality modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features tastefully modern white cabinetry, light grey quartz countertops, stainless steel appliances, and a subway tile backsplash, all appearing new or virtually new. The master bathroom boasts white cabinetry, quartz countertops, and a large standing shower with beautiful tile and a glass door, reflecting current design standards. New laminate/LVP flooring is present throughout the main living areas and bedrooms, and the fireplace has been updated with modern stone veneer. The addition of solar panels further enhances its modern appeal and efficiency. While the property analysis notes the absence of central air conditioning as a weakness, the overall condition of the visible and key renovated areas meets the 'excellent' criteria for being extensively renovated recently with minimal physical depreciation.
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 = 7405, living area = 1539.
Extensive Modern Renovations: The property features a tastefully modern kitchen with all white cabinetry, light grey quartz countertops, and stainless steel appliances, along with a fully updated master bathroom including a large standing shower with beautiful tile and a glass door.
Private In-Ground Pool & Spacious Backyard: A significant highlight is the large in-ground pool and expansive patio space in the backyard, perfect for entertaining and outdoor enjoyment.
Desirable Open Floor Plan: The home offers an open floor plan, which is a popular and modern design choice, enhancing the sense of space and flow throughout the living areas.
Convenient Location: Strategically located near the 91 freeway, shopping centers, and schools, providing excellent accessibility and convenience for daily living.
Energy Efficiency (Solar Panels): The inclusion of solar panels, which will be transferred to the new owner, offers potential long-term energy savings and environmental benefits.

Cons

Ongoing Solar Payment Obligation: The solar contract requires a monthly payment of $162.50, which is an additional fixed expense for the new owner, rather than a fully owned and paid-off system.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback and potential future investment for comfort in Corona's warm climate.
Older Home Infrastructure: Built in 1964, despite cosmetic updates, the property's underlying infrastructure (e.g., plumbing, electrical, roof) may be older and could require more immediate or future maintenance compared to newer constructions.

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