586 Moses Lane, Ventura, California 93003, Ventura, - bed, bath
ACTIVE$409,000
586 Moses Lane, Ventura, California 93003
3Beds
2Baths
1,012Sqft
1,012Lot
Year Built
1990
Close
-
List price
$409K
Original List price
$409K
Price/Sqft
-
HOA
$375
Days on market
-
Sold On
-
MLS number
220009006
Home ConditionFair
Features
Patio
View-
About this home
Nearby schools
8/10
Portola Elementary School
Public,•K-5•0.6mi
6/10
Balboa Middle School
Public,•6-8•0.5mi
6/10
Buena High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
08/20/20
Listing
$409,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (60 Listings) | |
|---|---|---|---|
| Beds | 3 | 2 | 70% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,012 | 1,168 | 30% |
| Lot Size | 1,012 | 0 | 3% |
| Price | $409K | $529K | 7% |
| Price per square foot | $404 | $447 | 33% |
| Built year | 1990 | 1979 | 85% |
| HOA | $375 | $510 | 10% |
| Days on market | 1903 | 184 | 98% |
Condition Rating
Fair
Built in 1990, this property shows its age through the very dated kitchen featuring wood-grain laminate cabinets, white tile countertops, white appliances, and an old fluorescent light fixture. Popcorn ceilings are visible throughout. While the laminate flooring appears to be a more recent update and the property seems well-maintained and clean, the lack of modern updates in key areas like the kitchen and the presence of a portable AC unit suggest that major components are functional but outdated. It is move-in ready but requires significant aesthetic and potential system updates to meet current standards.
Pros & Cons
Pros
Prime Coastal Location: Situated in Ventura, California, offering access to desirable coastal living and amenities, which enhances its long-term appeal.
Low-Maintenance Condominium Living: As a condominium, it offers reduced exterior maintenance responsibilities, appealing to busy individuals or those seeking a lock-and-leave lifestyle.
Practical Floor Plan: The 3-bedroom, 2-bathroom layout provides versatile living space suitable for small families, couples, or individuals needing extra rooms.
Modern Construction Era: Built in 1990, the property benefits from more contemporary building standards compared to older homes, potentially requiring fewer immediate major updates.
Accessible Price Point: Listed at $409,000, this property presents a potentially attractive entry point into the Ventura real estate market for a 3-bedroom unit.
Cons
Significant Time on Market: Being listed since August 2020 suggests potential challenges with pricing, condition, or market demand, warranting further investigation into its history.
Substantial Monthly HOA Dues: The $375 monthly association fee adds a considerable recurring cost to homeownership, which could deter some buyers or impact affordability.
Compact Interior Space: At 1012 square feet, the living area for a 3-bedroom unit is relatively compact, which may not suit buyers desiring more spacious accommodations.