tomo logo

$370,000

Beds
2
Baths
1.0
sq ft
1,027

44515 Fern Ave, Lancaster, CA 93534

44515 Fern Ave

Lancaster, CA 93534

  • 44 days on market
**BACK ON MARKET DUE TO BUYER NOT BEING ABLE TO PERFORM** "Charming Mid-Century Home with Modern Upgrades in Lancaster Welcome to 44515 Fern Avenue, a delightful 2-bedroom, 1-bathroom single-family residence nestled in the heart of Lancaster, CA. Built in 1951, this 1,027 square feet home seamlessly blends classic mid-century architecture with contemporary enhancements, offering a perfect balance of comfort and style. As you step inside, you'll be greeted by a spacious living area bathed in natural light, highlighting the home's original character. The recently renovated kitchen is a culinary enthusiast's dream, featuring brand-new, custom built cabinets, a modern gas range and oven, and dishwasher, ensuring both functionality and elegance. The two well-appointed bedrooms provide ample space for relaxation, while the updated bathroom offers modern fixtures and finishes. The property's exterior boasts a generous lot, providing a serene outdoor retreat perfect for entertaining or unwinding after a long day. Whether you're hosting gatherings, relaxing with family, or simply unwinding after a long day, this outdoor oasis is the perfect retreat. The house features a raised foundation with a crawl space, providing easy access for maintenance. Additionally, the attic offers convenient access for electrical work and other utilities. The one-car garage has a durable epoxy-coated floor. But that’s not all—this home also includes a spacious workshop and a huge covered area for work, located in the backyard! Whether you're a hobbyist, artist, or need extra storage space, this workshop provides endless possibilities. The generous lot creates a peaceful and private outdoor setting, ideal for both work and play. One of the standout features of this home is the RV entry and dedicated parking space, offering the convenience and flexibility for those with recreational vehicles, trailers, or extra storage needs. Situated in the desirable South Downtown neighborhood, this home offers convenient access to local amenities, schools, and parks, making it an ideal choice for families and professionals alike. With its blend of classic charm, modern updates, and ample parking options, 44515 Fern Avenue is move-in ready and waiting to welcome its new owners. Don't miss this opportunity to own a piece of Lancaster's history with all the comforts of contemporary living. Schedule a private tour today and experience the unique charm of this captivating home.

Details

Property type

Single Family Residence

Est. home value

$362,982

Lot size

9,474 sq ft

Price per sq ft

$361

Year built

1951

HOA

No

Price History

03/10/2025
CRMLS

CRMLS #GD25035844

Price change
$370,000
+7.25%
03/05/2025
CRMLS

CRMLS #GD25035844

Pending
$345,000
02/18/2025
CRMLS

CRMLS #GD25035844

Listed
$345,000
+51.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Lancaster

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$157,425
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$182,975
Cash to seller
$157,425

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Newrez Llc

Loan start date

April 2020

Original loan amount

$204,300

Est. remaining balance

$182,975

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Sevag Yeghikian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 4:25 AM

Listing updated: 03/10/2025 at 1:35 PM

Listed by: Sonia Yeghkian, Sonia Yeghkian, The Global Brokerage Inc.The Global Brokerage Inc. Phone #: (818) 303-3121

MLS: CRMLS #GD25035844

CRMLS logo

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