Property Overview & Key Characteristics
This 1975-built, three-level split home at 402 Redonda Street in Canterbury Park offers a practical layout on a generous lot. Its key appeal lies in its balance of space and value. The 1,130 sqft living area is notably above average for its immediate street, providing more interior room than many direct neighbors. The nearly 5,500 sqft lot size is also a significant asset, ranking well within the neighborhood and offering ample outdoor space for a family or gardening. A renovated basement and a detached garage add functional utility. The home’s assessed value is positioned solidly in the middle range for the area, suggesting it is priced accessibly relative to its offerings.
The property would suit first-time buyers or growing families looking for a home with room to spread out both inside and on the property itself, without a premium price tag. Its appeal is grounded in practicality rather than luxury—it’s a home where value is measured in usable square footage and land size. A thoughtful perspective is that while the home is older than many in Canterbury Park, this can represent an opportunity for buyers who prioritize lot size and interior space over newer construction, and who may see potential in personalizing a well-located property.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 5,498 sqft is notably larger than the average lot on Redonda Street and in the Canterbury Park neighborhood, placing it in the top 22% for the area. This is one of the property's standout features.
2. Is the home newer or older than others nearby?
Built in 1975, it is older than the average home in Canterbury Park, where many homes were built in the 1990s. However, it is around the average age for the city overall. The renovated basement indicates some updates have been made.
3. What is the living space like compared to the neighborhood?
With 1,130 sqft of living area, it provides more space than most homes on its street (ranking in the top 14%), though it is close to the average size for the wider Canterbury Park area.
4. What does the assessed value tell us?
The $350k assessment is around the middle of the range for the street, neighborhood, and city. This suggests the property is viewed as a typical, median-priced home for its market, not an outlier on the high or low end.
5. Was the last sale price typical?
The home sold for $280k in August 2017. Market-wide data indicates this price was below the average sale price for the neighborhood and city at that time, which may reflect its condition or market factors at the moment of that sale.