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12238 Michigan Street, Grand Terrace, CA 92313

$440K2bd · 1ba · 934 sqft
Lot 8,000 sqft•Single Family Residence•
Active
•44d on market•MLS# IV-26205821

Property Description

First time buyer programs available. Welcome to this well-maintained 2-bedroom, 1-bath home with a versatile bonus room located in the desirable city of Grand Terrace. Interior highlights include laminate flooring, granite countertops, and newer cabinetry, providing both comfort and functionality. The property also features a spacious backyard, ideal for entertaining, gardening, or future expansion. Conveniently situated near schools, shopping, dining, and easy freeway access, this home combines charm with convenience and is ready for its next owner.

Features & Amenities

FeeBuilt 1959

Property Details

Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
Flooring
Laminate
City
Grand Terrace
Zip Code
92313
County
San Bernardino
Listed byRE/MAX ONE, ROCKY MENDOZA

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,224.88
Principal & Interest
Loan Amount
$352,000
Total Interest
$448,957
Total Payment Over 30 Years
$800,957
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

12238 Michigan Street, Grand Terrace, CA 92313

Grand Terrace · Single Family Residence

$450K
Affordable Tier
Beds
2
Baths
1
Sqft
934
Lot
8,000 sqft
Year
1959
$/Sqft
$482
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 3.4% above the median closed sale of $435,000. Price per sqft ($482) is a 26% premium to closed comps ($382). Closed comps sold at 100% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $450K· $482/sqft
Total list price
Closed comps
vs closed median $435K
+$15K (+3.4%)
Active comps
vs active median $439K
+$11K (+2.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $494
−$12 (−2.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
532 K StreetColton1908218427,500$521$439,000471
476 N StreetColton1924229603,750$468$449,000269
529 NColton1924211,0767,500$372$400,00011369
125 OColton1934319837,500$407$400,00028967
515 LColton1919216407,500$702$449,0001164
Total: 5 · Average2.21.2900.26,750$494$427,40083.8
Median960$439,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
743 Arliss StreetRiverside195609/11/2026219928,276$450,000$465,000$4691.033889
22673 Palm AvenueGrand Terrace196706/08/2026221,0921,092$400,000$400,000$3661.005376
22757 Palm AvenueGrand Terrace196705/14/2026321,1691,169$409,000$404,000$3460.996471
22658 La PaixGrand Terrace196312/15/2025321,2717,416$515,000$515,000$4051.003370
700 Washington StreetColton198311/24/2025331,3444,000$435,000$435,000$3241.0010559
Total: 5 · Average2.62.01,173.64,390.6$443,800$443,800$382—58.6
Median1,169$435,000$435,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.