Property Summary: 365 Cordova Street, North River Heights
Key Characteristics & Appeal
This 1,342 sqft home, built in 1948 on a 4,565 sqft lot, presents a solid, middle-of-the-road offering in the desirable North River Heights neighborhood. Its primary appeal lies in its established location and relative value. The home's assessed value of $424k sits comfortably below the local area average, suggesting a potentially accessible entry point into the neighborhood. While the living space is modest compared to some immediate neighbors, it is a practical size for many households.
The data reveals a nuanced position: this property is not a standout in any single category but represents a balanced, average offering within its specific street and area context. It suits a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who prioritizes location over sheer size or a modern build. The lot size, while smaller than others on Cordova Street, is still generous by city-wide standards, offering typical yard space for the area. A thoughtful perspective is that its "averageness" in a good neighborhood could mean less competition and more room for value-adding improvements compared to homes that are already fully renovated.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $424k is for municipal tax purposes. The recent sold price range (2023) was between $400k and $450k, indicating the market price aligns closely with this assessment. Always consult a real estate professional for a current market valuation.
2. Is the living space sufficient for a family?
At 1,342 sqft, the living area is slightly below the neighborhood average. It would suit a small to medium-sized family comfortably, but those needing extensive space or multiple large bedrooms should carefully review the specific layout.
3. What does the "below average" lot size ranking on the street mean?
The lot is 4,565 sqft, which is smaller than the average lot on Cordova Street itself. However, it is around average for the broader North River Heights area. You will have a standard yard for the neighborhood, but it may not be as deep or wide as the properties next door.
4. As a home built in 1948, what should I expect?
Built in the post-war period, the home likely has classic character and solid construction. Buyers should budget for updates consistent with its age, such as potential renovations to plumbing, electrical, or windows, and consider a thorough inspection.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed due to industry regulations. You can request the full transaction history by emailing the site directly; they will provide the verified figures manually at no cost.