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827 N Jasmine, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath

827 N Jasmine, Ontario, California 91762 home-pic-0
ACTIVE UNDER CONTRACT$620,000
827 N Jasmine, Ontario, California 91762
3Beds
2Baths
1,405Sqft
6,363Lot

Price Vs. Estimate

The estimated value ($568,292.18) is $51,707.82 (8%) lower than the list price ($620,000). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Major System Upgrades: The property benefits from a new roof (only 2 years old) and a new HVAC system, providing a solid foundation and reducing immediate large capital expenditures for a buyer.
Top Cons:
Extensive Renovation Required: Despite some major system upgrades, the property is marketed as a 'fixer-upper' that needs to be designed and finished to taste, implying significant additional investment and effort beyond the purchase price.

Compared to the nearby listings

Price:$620.0K vs avg $751.0K ($-131,000)10%
Size:1,405 sqft vs avg 1,830.5 sqft27%
Price/sqft:$441 vs avg $41257%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this property is explicitly marketed as a 'fixer-upper' requiring extensive renovation. While it benefits from a new roof (2 years old) and a new HVAC system, and the bathrooms have received basic upgrades, the kitchen is severely outdated with old cabinets, tiled countertops, and no modern appliances, necessitating a full remodel. The overall interior condition, particularly the kitchen, requires substantial rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Year Built
1956
Close
-
List price
$620K
Original List price
$499K
Price/Sqft
$441
HOA
-
Days on market
-
Sold On
-
MLS number
PW25251713
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Welcome to this charming single-story home located on a wide, quiet street lined with beautifully maintained properties. This home has great bones and endless potential, making it the best fixer-upper project you’ve been waiting for, perfect for both investors and end buyers who want to design and finish it to their own taste. Inside, you’ll find a spacious living room that flows into the kitchen and dining area an ideal layout to transform into a modern open-concept design. Both bathrooms have been upgraded. Major improvements have already been completed, including a new roof (only 2 years old) and a new HVAC system, providing a solid foundation for your renovation vision. Sitting on a large 6,363 sq. ft. lot, this property offers ample space for entertaining or the potential to build an ADU for additional income or extended family living. Whether you’re an investor seeking your next profitable project or a homeowner ready to create your dream home, 827 N Jasmine Ave is a rare opportunity with exceptional value and potential. Open House is Sunday 11/02/2025 1pm-3pm

Price History

Date
Event
Price
09/21/11
Sold
$160,000
12/22/03
Sold
$245,000
06/12/03
Sold
$193,500
Condition Rating
Poor
Built in 1956, this property is explicitly marketed as a 'fixer-upper' requiring extensive renovation. While it benefits from a new roof (2 years old) and a new HVAC system, and the bathrooms have received basic upgrades, the kitchen is severely outdated with old cabinets, tiled countertops, and no modern appliances, necessitating a full remodel. The overall interior condition, particularly the kitchen, requires substantial rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Recent Major System Upgrades: The property benefits from a new roof (only 2 years old) and a new HVAC system, providing a solid foundation and reducing immediate large capital expenditures for a buyer.
Large Lot Size & ADU Potential: Sitting on a generous 6,363 sq. ft. lot, the property offers ample space for expansion, outdoor living, or the potential to build an Accessory Dwelling Unit (ADU) for additional income or family use.
Desirable Street Appeal: Located on a wide, quiet street lined with beautifully maintained properties, enhancing the home's curb appeal and overall neighborhood desirability.
Customization & Open-Concept Potential: Described as having 'great bones' and 'endless potential' for a fixer-upper project, with an ideal layout to transform into a modern open-concept design, appealing to buyers seeking to personalize.
Upgraded Bathrooms: Both bathrooms have already been upgraded, reducing immediate renovation costs and effort for a buyer looking to modernize the home.

Cons

Extensive Renovation Required: Despite some major system upgrades, the property is marketed as a 'fixer-upper' that needs to be designed and finished to taste, implying significant additional investment and effort beyond the purchase price.
Older Home Systems/Components: Built in 1956, while the roof and HVAC are new, other core systems such as plumbing, electrical, and windows may be original or outdated, potentially requiring costly updates.
Significant Price Increase: The list price recently increased substantially from $499,000 to $620,000, which might impact its competitiveness and the perceived value for a property still requiring extensive renovation.

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