2313 Panda Place, Ventura, California 93003, Ventura, - bed, bath

ACTIVE UNDER CONTRACT$689,000
2313 Panda Place, Ventura, California 93003
3Beds
3Baths
1,786Sqft
6,240Lot
Year Built
1978
Close
-
List price
$689K
Original List price
$689K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
220008471
Home ConditionGood
Features
Patio
View-
About this home
Nearby schools
6/10
Montalvo Elementary School
Public,•K-5•0.8mi
4/10
Anacapa Middle School
Public,•6-8•3.3mi
6/10
Ventura High School
Public,•9-12•4.6mi
Price History
Date
Event
Price
08/07/20
Listing
$689,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (126 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 3 | 2 | 57% |
| Square foot | 1,786 | 1,609 | 60% |
| Lot Size | 6,240 | 7,000 | 31% |
| Price | $689K | $995K | 2% |
| Price per square foot | $386 | $623 | 2% |
| Built year | 1978 | 1964 | 76% |
| HOA | |||
| Days on market | 1916 | 146 | 99% |
Condition Rating
Good
Built in 1978, this home has undergone significant and stylish renovations, particularly in the kitchen and at least one bathroom. The kitchen features modern white shaker cabinets, dark countertops, stainless steel appliances, and contemporary patterned tile flooring. The bathroom showcases subway tile, modern fixtures, and an updated vanity. While some original elements like popcorn ceilings and potentially older carpeting remain, the major functional and aesthetic areas are move-in ready and well-maintained, aligning with a 'Good' condition score.
Pros & Cons
Pros
Desirable Coastal Location: Located in Ventura, California, a highly sought-after coastal city known for its lifestyle, beaches, and community, enhancing property value and appeal.
Functional Layout: With 3 bedrooms and 3 bathrooms, the property offers a practical and versatile layout suitable for families or those needing extra space, providing excellent utility.
Single-Family Residence: As a single-family home, it appeals to a broad buyer demographic seeking privacy, yard space, and long-term investment potential, generally commanding higher demand.
Good Lot Size: The 6,240 sqft lot provides ample outdoor space for landscaping, entertaining, or potential expansion, a significant advantage in urbanized areas.
Active Under Contract Status: The property being 'Active Under Contract' signifies that it has successfully attracted a buyer, validating its market value and desirability.
Cons
Property Age: Built in 1978, the home is over 45 years old, which may imply original systems (plumbing, electrical, HVAC) or finishes that could require significant updates or maintenance in the near future.
Extended Time on Market: The 'on_market_date' of August 7, 2020, indicates a very long sales cycle, suggesting potential past challenges with pricing, condition, or marketability, despite its current 'Active Under Contract' status.
Lack of Highlighted Modern Upgrades: The provided details do not specify any recent major renovations or high-end modern features, which could be a drawback for buyers seeking move-in ready homes with contemporary amenities.

