4629 Vitrina Lane, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath
ACTIVE$679,000
4629 Vitrina Lane, Palmdale, California 93551
4Beds
3Baths
2,477Sqft
7,352Lot
Price Vs. Estimate
The estimated value ($623,135.08) is $55,864.92 (8%) lower than the list price ($679,000). This property may be overpriced.
Key pros and cons
Top Pros:
Assumable Loan: The property features an assumable loan with an exceptionally low 2% fixed interest rate, offering a significant financial advantage and making it highly attractive to potential buyers in the current market.
Top Cons:
Property Age: Built in 1988, the home is over 35 years old, which may imply original systems (HVAC, plumbing, electrical) and potentially dated aesthetics that could require future updates or maintenance.
Compared to the nearby listings
Price:$679.0K vs avg $625.0K (+$54,000)68%
Size:2,477 sqft vs avg 2,350 sqft56%
Price/sqft:$274 vs avg $27351%
More Insights
Built in 1988 (37 years old).
Condition: The property, built in 1988, shows a mix of conditions. The kitchen appears to have been recently updated with modern white shaker cabinets, black countertops, and stainless steel appliances, which is a significant positive. However, the exterior and other interior spaces, such as the living room with its popcorn ceiling, older fireplace, and dated window treatments, suggest that a full renovation has not occurred. The presence of a window AC unit in one room also raises questions about the central cooling system's efficiency or existence. While the kitchen is a strong feature, the overall property is aged and requires minor updates or repairs in other areas to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
1988
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$274
HOA
-
Days on market
-
Sold On
-
MLS number
SB25145397
Home ConditionFair
Features
Good View: City Lights, Canyon
Patio
ViewCity Lights,Canyon
About this home
Welcome to Beautiful Rancho Vista—one of West Palmdale's most coveted neighborhoods! This home features 4 bedrooms, 3 bathrooms, and 2,477 sq ft of living space. It includes a formal living room and dining room, providing plenty of space for large family gatherings. Additionally, there is a three-car garage. This property has an Assumable Loan at 2%, fixed interest Rate. Call today for more info.
Condition Rating
Fair
The property, built in 1988, shows a mix of conditions. The kitchen appears to have been recently updated with modern white shaker cabinets, black countertops, and stainless steel appliances, which is a significant positive. However, the exterior and other interior spaces, such as the living room with its popcorn ceiling, older fireplace, and dated window treatments, suggest that a full renovation has not occurred. The presence of a window AC unit in one room also raises questions about the central cooling system's efficiency or existence. While the kitchen is a strong feature, the overall property is aged and requires minor updates or repairs in other areas to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Assumable Loan: The property features an assumable loan with an exceptionally low 2% fixed interest rate, offering a significant financial advantage and making it highly attractive to potential buyers in the current market.
Coveted Neighborhood: Located in 'Beautiful Rancho Vista,' one of West Palmdale's most sought-after neighborhoods, indicating strong community appeal and potential for sustained property value.
Spacious Living Area: With 2,477 sq ft, 4 bedrooms, and 3 bathrooms, including formal living and dining rooms, the home provides ample space for large families and entertaining.
Three-Car Garage: The inclusion of a three-car garage offers valuable space for multiple vehicles, storage, or a dedicated workshop area.
Scenic Views: The property boasts desirable City Lights and Canyon views, enhancing its aesthetic appeal and providing a pleasant living environment.
Cons
Property Age: Built in 1988, the home is over 35 years old, which may imply original systems (HVAC, plumbing, electrical) and potentially dated aesthetics that could require future updates or maintenance.
Listing Price vs. Estimation: The current listing price is 5% higher than the property's estimated value, which could suggest it is slightly overpriced and may impact buyer interest or negotiation leverage.
Lack of Renovation Details: The property description does not mention any recent upgrades or renovations, which for a home of its age, might lead buyers to anticipate additional investment for modernization.