Renovated
1958 Peru Ranch, Fully Renovated Inside, Nearly 2,000 Sqft — $149,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1,966 sqft, 3/2, 1958 build, small lot, no standout features |
| Condition | 25% | 7 | Move-in ready with new windows, kitchen, flooring, paint — solid signals |
| Price / Sq Ft | 15% | 9 | $76/sqft vs $130 zip median — 41% below; thin 8-comp dataset, directional |
| Price vs. Market | 5% | 3 | Listing $149,900 vs $131,943 median — about 14% above median |
| Market Conditions | 5% | 7 | 38.8% price drops, 94.2% sale-to-list, 28-day DOM — clear buyer's market |
At $76 per square foot, this house is priced well below what the zip code's comparable sales suggest it should cost. The median price per square foot in this area sits around $130. That gap is wide enough to matter, and it's the first thing worth understanding about 412 N Broadway.
The house itself is a 1958 ranch with 1,966 square feet, three bedrooms, two bathrooms, and a small lot. Not an unusual footprint for the era, but the interior has been worked over in a meaningful way. New windows, a new kitchen, new flooring, fresh paint throughout. The kind of work that tends to cost real money when you do it yourself after closing, and here it's already done. You're not walking into a project. You're walking into a house that someone already put time and money into.
The kitchen renovation is the thing that would tell you the most. A 1958 kitchen that's been left alone for sixty years is a different conversation than one that's been rebuilt. The listing says it's modern and new, which at minimum means updated appliances and surfaces, and at best means it's actually pleasant to cook in. Without photos on hand I can't say exactly where it lands, but the signal is positive.
The honest counterpoint: at $149,900, this house is sitting about 14% above the local median sale price, in a market where 38% of listings have already dropped their price and homes are selling at 94% of list. That's a buyer's market. The sellers have priced it above median while the market is clearly not running hot. That's either a negotiating position or a miscalculation, and either way it creates room to push on price.
Three bedrooms, two baths, nearly 2,000 square feet of already-updated house in a buyer's market. If the price comes down, this becomes a straightforward decision. Even at ask, the per-square-foot math is hard to argue with.
