3056 E Newgrove Street, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 3 bath

3056 E Newgrove Street, Lancaster, California 93535 home-pic-0
ACTIVE UNDER CONTRACT$459,000
3056 E Newgrove Street, Lancaster, California 93535
3Beds
3Baths
1,947Sqft
6,742Lot
Year Built
2007
Close
-
List price
$459K
Original List price
$400K
Price/Sqft
$236
HOA
-
Days on market
-
Sold On
-
MLS number
BB24212076
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,5 Pros. Rank: price - $459.0K(61th), sqft - 1947(77th), beds - 3(49th), baths - 3(69th).

Short sale home located in heart of lancaster. The home needs tlc.

Price History

Date
Event
Price
09/18/25
Price Change
$459,000
10/12/24
Listing
$400,000
Condition Rating
Fair

Despite being built in 2007, the listing explicitly states 'the home needs tlc' and the property analysis highlights 'Needs Significant TLC.' This indicates substantial deferred maintenance and outdated features, requiring more than minor cosmetic updates to bring it to a modern, move-in ready standard. While the core structure is likely sound due to its age, the interior components, including potentially the kitchen, bathrooms, flooring, and fixtures, are expected to be outdated and in need of significant renovation, preventing it from being classified as 'Good' or 'Excellent.' Without interior images, a detailed assessment of specific features is not possible, but the 'TLC' statement strongly suggests a 'Fair' condition.
Pros & Cons

Pros

Modern Construction: Built in 2007, this property offers relatively modern construction, potentially reducing immediate major structural concerns compared to older homes.
Generous Living Space: With 1947 square feet, the home provides ample interior space for comfortable living and family activities.
Functional Bed/Bath Count: The 3 bedrooms and 3 bathrooms offer a practical and desirable layout, accommodating families or providing flexibility for guests.
Good Lot Size: The 6742 sqft lot provides a substantial outdoor area, offering potential for landscaping, recreation, or future enhancements.
Central Location: Located in the 'heart of Lancaster,' the property likely benefits from convenient access to local amenities, schools, and services.

Cons

Short Sale Status: Being a short sale, the transaction process can be complex, lengthy, and uncertain, requiring patience and potentially additional negotiation with the lender.
Needs Significant TLC: The property description explicitly states it 'needs tlc,' indicating that a new owner should anticipate substantial investment in repairs, renovations, and general maintenance.
Overpriced Relative to Condition/Estimate: The current list price of $459,000 is higher than the estimated property value of $420,143, especially considering the stated need for TLC and the complexities of a short sale.

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