RealKey
‪(213) 433-7766‬

43639 Elm Avenue, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath

43639 Elm Avenue, Lancaster, California 93534 home-pic-0
ACTIVE$479,000
43639 Elm Avenue, Lancaster, California 93534
3Beds
2Baths
1,793Sqft
7,420Lot

Price Vs. Estimate

The estimated value ($479,000) is $0 (0%) lower than the list price ($479,000). 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 = 7420, living area = 1793.
Top Cons:
Age of Property: Built in 1978, the home is 46 years old, which may imply older systems, finishes, or potential for deferred maintenance compared to newer constructions.

Compared to the nearby listings

Price:$479.0K vs avg $428.8K (+$50,250)75%
Size:1,793 sqft vs avg 1,430 sqft78%
Price/sqft:$267 vs avg $30233%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this property is 46 years old. While some updates are evident, such as stainless steel appliances and wood-look tile flooring in the kitchen, the wood cabinets and tile countertops appear dated. The bathroom features an updated tiled shower and flooring, but the vanity countertop and sink style are not modern. Other areas show older carpet and traditional light fixtures. The home is functional and appears maintained, but requires minor updates to modernize key areas and finishes, aligning with the 'Fair' condition criteria.
Year Built
1978
Close
-
List price
$479K
Original List price
$500K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
25573475
Home ConditionFair
Features
Patio
View-

About this home

Don't miss this incredible opportunity to own a spacious home in the heart of Lancaster! This beautiful property features a bonus room perfect for an office, playroom, or guest space. With its generous layout, comfortable living areas, and inviting atmosphere, this home is ideal for families, first-time buyers, or anyone looking for more space at a great value. Enjoy the convenience of being close to shopping, dining, schools, and parks, while still tucked away in a quiet neighborhood. The backyard offers ample space for entertaining, gardening, or enjoying relaxing evenings at home. NEWLY PRICED TO REFLECT MARKET OPPORTUNITY!!!!! This property qualifies for the COMMUNITY ADVANTAGE PROGRAM!!! Giving 2% towards the buyer's down payment, no PMI, even with 3% down payment, 5.75% Rate, no income limit restrictions, and 25 Day escrow! This program provides substantial savings! Take advantage of this opportunity!

Nearby schools

3/10
Sierra Elementary School
Public,•K-5•0.3mi
4/10
Endeavour Middle School
Public,•6-8•3.9mi
2/10
Antelope Valley High School
Public,•9-12•1.7mi
Condition Rating
Fair
Built in 1978, this property is 46 years old. While some updates are evident, such as stainless steel appliances and wood-look tile flooring in the kitchen, the wood cabinets and tile countertops appear dated. The bathroom features an updated tiled shower and flooring, but the vanity countertop and sink style are not modern. Other areas show older carpet and traditional light fixtures. The home is functional and appears maintained, but requires minor updates to modernize key areas and finishes, aligning with the 'Fair' condition criteria.
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 = 7420, living area = 1793.
Exceptional Financing Opportunity: Qualifies for the COMMUNITY ADVANTAGE PROGRAM, offering significant financial benefits including 2% towards down payment, no PMI, a 5.75% rate, no income limits, and a 25-day escrow, making homeownership highly accessible.
Strategic Pricing & Value: Newly priced to reflect market opportunity with multiple price reductions from the original list price, indicating a motivated seller and potential for excellent value for buyers.
Versatile & Spacious Layout: A spacious home with a generous layout, including a bonus room perfect for an office, playroom, or guest space, catering to diverse family needs and lifestyles.
Convenient & Quiet Location: Situated in a quiet neighborhood with convenient access to shopping, dining, schools, and parks, enhancing daily living and community engagement.
Ample Outdoor Space: The property boasts a large backyard (7,420 sqft lot) offering ample space for entertaining, gardening, or enjoying relaxing evenings at home.

Cons

Age of Property: Built in 1978, the home is 46 years old, which may imply older systems, finishes, or potential for deferred maintenance compared to newer constructions.
High School Rating: The assigned high school, Antelope Valley High School, has a rating of 2, which might be a consideration for families prioritizing top-tier public school education.
Lack of Specific Renovation Details: The description highlights spaciousness and a bonus room but does not specify recent major renovations or updates to key areas like the kitchen, bathrooms, or major systems, which could suggest potential future upgrade costs.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state