Property Overview: 334 Culver Street, East Elmwood
Key Characteristics & Appeal
This two-storey home, built in 1960, offers 1,672 sqft of living space on a 5,227 sqft lot. Its key feature is a renovated basement, adding functional living area. The home presents a compelling value proposition within its immediate neighborhood of East Elmwood. While its living space is modest compared to others on Culver Street, it stands out in the wider East Elmwood area, ranking in the top 11% for size and the top 5% for its assessed value. This indicates a property that is both above-average and financially substantial within a community known for more modest homes.
The appeal lies in this positioning: it offers more house and lot than many in the broader area, potentially at a more accessible price point than neighborhoods with higher citywide averages. It suits practical buyers looking for a well-sized family home with updated fundamentals (like the basement) in a stable, established community. It’s particularly suited for those who prioritize space and value within East Elmwood over seeking a premium citywide location. A thoughtful perspective is that this home represents a "large fish in a smaller pond," offering standout metrics in its direct community that may not be as apparent when compared to the entire city.
Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
While it is below the average size for homes directly on Culver Street, it is significantly larger than the typical East Elmwood home, ranking in the top 11% for living area in the community.
2. What does the "Elite" assessed value ranking mean for East Elmwood?
An assessed value in the top 5% for East Elmwood suggests the property is considered one of the more valuable homes in the community by the assessor, often reflecting its larger size, renovations, or lot.
3. Is the lot size typical?
The lot is above average for East Elmwood but around the average when compared to the entire city. It provides a good balance of yard space without the extensive maintenance of a much larger city lot.
4. When was it last sold, and for how much?
The home sold in February 2022 for $48,500. It is important to consult with a real estate professional for a current market valuation, as this past price is a historical data point.
5. Are there any notable features or omissions?
The listing confirms a renovated basement, which is a functional asset. It also notes the property does not have a garage or a pool.