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24341 Peso Ct
Score
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Tehachapi, CA

24341 Peso Ct

565K
4 bd • 4 ba • 2,600 sf

This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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0:00 / 0:00
List Price

$564,899

Price/Sq.Ft

$217

Year Built

1976

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Quiet Cul-de-Sac Location: The property's location at the end of a cul-de-sac provides a peaceful and private setting, which is highly desirable. • Community Amenities: Access to a golf course, restaurants, tennis courts, swimming pool, and lakes offers a convenient and active lifestyle for residents. • Multiple Master Bedroom Options: With three master bedroom options and additional bedrooms on each level, the home provides flexibility and convenience for various living arrangements. • Updated Kitchen: The recently updated kitchen with an island and bar top is a desirable feature for modern buyers, offering a seamless flow for entertaining. • Detached 2-Car Garage with Generator: The detached garage provides ample parking and storage space, while the whole-house generator offers peace of mind during power outages. • Price per Square Foot: At $217.27 per square foot, the property is competitively priced compared to some other homes in Bear Valley Springs, where prices can range from $200 to $300+ per square foot.

The Bad

• Older Construction (Built in 1976): The home's age may mean outdated systems (plumbing, electrical) and potential for higher maintenance costs. A thorough inspection is crucial. • High Fire Risk (8/10): The severe fire risk could result in significantly higher insurance premiums. Confirming insurance costs is essential before making an offer. • Air Quality Concerns (9/10): The extreme air quality risk and 25 bad air days per year could be a deterrent for buyers sensitive to air pollution. This could also affect resale value. • School Ratings: Jacobsen Middle School (3/10) has a low rating, which may be a concern for families with middle school-aged children. This could impact the property's appeal to families. • Days on Market: 23 days on the market indicates that the property hasn't sold immediately, suggesting possible pricing or condition concerns. The average days on market for similar properties in Tehachapi should be reviewed for comparison.

The Ugly

• Potential for High Insurance Costs: With a severe fire risk (8/10), insurance premiums could be significantly higher than average. The estimated insurance cost of $2,033.64/year should be verified, as it may increase. • Unfinished Basement: The partially finished basement area may require additional investment to make it usable, adding to the overall cost of the property. • Potential for Deferred Maintenance: Given the home's age (built in 1976), there may be deferred maintenance issues that could lead to unexpected repair costs. A thorough inspection is recommended. • Total Monthly Ownership Costs: Assuming a 20% down payment and a 7% interest rate, the monthly mortgage payment would be approximately $2,989. Adding the estimated insurance ($169.47/month) and property taxes (approximately 1.25% of the property value annually, or $588.44/month) results in a total monthly cost of approximately $3,746.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Community with Amenities: The HOA includes access to a greenbelt/park, tennis courts, and a pool, making it a great fit for those who value recreational activities and community engagement. • Individuals Valuing Multiple Master Suite Options: With three master bedroom options, including one on the main floor, this home accommodates multi-generational living or buyers who desire flexibility in bedroom arrangements. • Buyers Seeking a Home with Outdoor Living Space: The property features multiple deck access points and a wraparound deck, perfect for entertaining and enjoying the mountain and valley views. • Those Comfortable with Estimated Monthly Costs of $3,600+: Individuals who have evaluated their budgets and can manage these expenses without exceeding their personal debt-to-income preferences (around 33%)—including mortgage, taxes, and insurance.

Not For

• Buyers Seeking Modern, Updated Homes: Built in 1976, this home may require updates to meet modern standards, which could involve additional renovation costs. • Individuals Sensitive to Air Quality: With an extreme air quality risk (9/10) and 25 bad air days per year, those with respiratory issues may find the location challenging. • Buyers Needing a Move-in Ready Home: The partially finished basement and the need for potential updates could mean this home requires immediate attention before being fully livable. • Those on a Strict Budget: The combination of the price point, potential update costs, and high fire risk insurance may strain a tighter budget.
Demographics
Area Median Income

$74,949

Property History

Price History
Ownership Timeline
$0Cash Purchase
Mar 20, 2019
Patricia StevensPatricia Stevens, The Stevens Family Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$3,243
2024 Tax Assessment
3.1%from previous year
Assessed Value$226,533
Tax Rate1.43%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Middle

3.0/10
Below Average

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$910

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$564,899
Price/sqft
$217
Layout
4 bd•4 ba
Days on market
22 daysat time of analysis

Stats in the Area

Based on 2 comparable properties nearby

Average Price

$237,000

138.4%

Your price is 138.4% above average

Median Price

$430,000

31.4%

Based on 2 recent sales

Price per Sq.Ft

$194

12.0%

Your price is 12.0% above average $/sqft

Comparable Properties

29841 Jamaica Dunes Drive, Tehachapi, CA 93561
Price: $430,000
Sq.Ft: 2,217
Beds/Baths: 3/3
$/Sq.Ft:
$19410.7%
Sale Date: 9/27/2024
23901 Wible Court, Tehachapi, CA 93561
Price: $44,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 10/21/2024

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