7022 Wheeler Avenue, La Verne, California 91750, La Verne, 91750 - 4 bed, 3 bath
ACTIVE$1,499,800
7022 Wheeler Avenue, La Verne, California 91750
4Beds
3Baths
2,930Sqft
9,986Lot
Year Built
1977
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$512
HOA
-
Days on market
-
Sold On
-
MLS number
CV25097166
Home ConditionFair
Features
Excellent View: Mountain(s), Neighborhood
Deck
Pool
Spa
Patio
ViewMountain(s), Neighborhood
About this home
Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(87th), sqft - 2930(88th), beds - 4(50th), baths - 3(56th).
Stunning North La Verne Retreat with Mountain Views & Resort-Style Backyard.
Condition Rating
Fair
The property was built in 1977, making it 47 years old. While the exterior and 'resort-style backyard' appear well-maintained and include modern upgrades like solar panels, the listing description lacks any specific details or images regarding recent interior renovations, particularly for the kitchen and bathrooms. The AI analysis also notes 'Undisclosed Interior Condition/Upgrades' and 'Property Age and Potential for Updates,' strongly suggesting these key areas are likely outdated and would require minor to substantial updates to meet current quality standards and buyer expectations. The overall condition indicates regular upkeep but not a full, recent renovation.
Pros & Cons
Pros
Prime North La Verne Location: Positioned in a highly sought-after North La Verne area, known for its desirability and community appeal.
Captivating Mountain Views: Offers direct mountain views, a premium amenity enhancing property appeal and potential value.
Resort-Style Outdoor Living: Features a 'Resort-Style Backyard,' suggesting extensive and high-quality outdoor amenities for entertainment and relaxation.
Spacious Living Area: With 2930 sqft, the property provides ample living space, exceeding the square footage of many comparable homes in the area.
Generous Lot Size: The 9986 sqft lot offers significant outdoor space, contributing to privacy and potential for further landscaping or amenities.
Cons
Significant Valuation Discrepancy: The current listing price of $1,499,800 is substantially higher than the estimated property value of $817,981.88, indicating potential overpricing or a need for a re-evaluation based on recent market data.
Property Age and Potential for Updates: Built in 1977, the property is older than many recent sales in the area, which may suggest a need for modernization or significant updates to compete with newer, renovated homes.
Undisclosed Interior Condition/Upgrades: The description lacks specific details on interior renovations or modern features, which could imply an outdated interior requiring substantial investment to meet current buyer expectations for this price point.