101 W Lockeford Street, Lodi, CA 95240, Lodi, 95240 - 5 bed, 4 bath
ACTIVE$699,000$2,508/sqft
Est. Value: $677,110
-3%
AboveEstimate
101 W Lockeford Street, Lodi, CA 95240
5Beds
4Baths
2,508Sqft
5,502Lot
Price Vs. Estimate
The estimated value ($677,110.31) is $21,889.69 (3%) lower than the list price ($699,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Remodel: The property has undergone a comprehensive remodel, featuring new floors, kitchen, bathrooms, and paint, offering a move-in ready and contemporary living experience.
Top Cons:
Historic Property Maintenance: Built in 1906, despite extensive remodeling, the underlying age of the structure may present potential for unforeseen maintenance or upgrades to original systems (e.g., foundation, plumbing, electrical) not explicitly covered by the recent renovation.
Compared to the nearby listings
Price:$699.0K vs avg $447.5K (+$251,500)88%
Size:2,508 sqft vs avg 1,421 sqft86%
Price/sqft:$279 vs avg $33826%
More Insights
Built in 1906 (120 years old).
Condition: Despite being built in 1906, the property has undergone a 'newly remodeled' transformation, as stated in the description and evident in the images. The kitchen features new white shaker cabinets, modern countertops, a new sink, and new white appliances. Bathrooms are completely updated with new vanities, fixtures, and modern finishes. New wood-look laminate flooring is consistent throughout, and the paint is fresh. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1906
Close
-
List price
$699K
Original List price
-
Price/Sqft
$279
HOA
$0
Days on market
-
Sold On
-
MLS number
224066789
Home ConditionExcellent
Features
Patio
View-
About this home
Newly remodeled, five bedroom, three and one half bathroom residential/commercial home. The property features; new floors, new kitchen, new bathrooms, new paint, original detail with lots of light, skylights, and an enclosed backyard on a corner lot with mature trees. The property is within walking distance of downtown Lodi.
G
Glenn Bauer
Listing Agent
Price History
Date
Event
Price
10/10/23
Sold
$432,500
02/12/09
Sold
$167,000
Condition Rating
Excellent
Despite being built in 1906, the property has undergone a 'newly remodeled' transformation, as stated in the description and evident in the images. The kitchen features new white shaker cabinets, modern countertops, a new sink, and new white appliances. Bathrooms are completely updated with new vanities, fixtures, and modern finishes. New wood-look laminate flooring is consistent throughout, and the paint is fresh. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Extensive Modern Remodel: The property has undergone a comprehensive remodel, featuring new floors, kitchen, bathrooms, and paint, offering a move-in ready and contemporary living experience.
Versatile Residential/Commercial Zoning: Its unique residential/commercial designation provides exceptional flexibility for various uses, including a live/work setup, potential rental income, or a dedicated business space, enhancing its market appeal.
Prime Downtown Location: Situated within walking distance of downtown Lodi, residents benefit from convenient access to local amenities, dining, shopping, and entertainment.
Spacious & Functional Layout: With five bedrooms and three and a half bathrooms across 2508 sqft, the property offers ample space and a generous number of facilities suitable for a large family or multiple occupants.
Charming Features & Outdoor Space: The home retains original details, boasts abundant natural light and skylights, and includes an enclosed backyard on a corner lot with mature trees, providing character, privacy, and curb appeal.
Cons
Historic Property Maintenance: Built in 1906, despite extensive remodeling, the underlying age of the structure may present potential for unforeseen maintenance or upgrades to original systems (e.g., foundation, plumbing, electrical) not explicitly covered by the recent renovation.
Significant Price Appreciation: The current list price of $699,000 represents a substantial increase from its last sale at $432,500 in October 2023, which, while likely justified by the remodel, may require strong valuation support for some buyers.
Potential for Urban Noise/Traffic: Being on a corner lot and within walking distance of downtown Lodi, the property may experience increased street noise and activity, which could be a consideration for buyers seeking a quieter residential environment.