10235 Madrid Way 114, Spring Valley, California 91977, Spring Valley, 91977 - 1 bed, 1 bath
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10235 Madrid Way 114
Spring Valley, California 91977
ACTIVE
CONDITION: FAIR
1Beds
1Baths
500Sq Ft
96,267.602Lot Size
Property Price
LIST PRICE$305,000
EST. MARKET VALUE
$257,783
18% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is listed at a List Price of $305,000, positioned above the $257,784 Fair Market Value. While the property carries a Fair Condition Rating, it offers a functional, move-in ready layout featuring Granite Countertops and Energy-Efficient Windows. Located directly across from Casadel Ouro Elementary in the Grossmont Union district, the unit provides excellent walkability and community amenities like a Refreshing Pool. This compact, low-maintenance condo is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a convenient, entry-level lifestyle.
Estimated Market Value
$257,783
Based on Realkey algorithm analyzing recent comparable sales in Spring Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10235 Madrid Way 114 Subject 1 bd · 1 ba · 500 sqft · $516 | $305,000* List Price | 1 | 1 | 500 | $516 | - |
A 9860 Dale Avenue A3 Sold 1 bd · 1 ba · 600 sqft · $500 · 0.7 mi | $300,000 | 1 | 1 | 600 | $500 | 0.7 mi |
B 9860 Dale Avenue C4 Active 1 bd · 1 ba · 600 sqft · $458 · 0.7 mi | $275,000 List Price | 1 | 1 | 600 | $458 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (41 years old), the property falls into the 'Fair' category due to age exceeding 20 years. While it features some updates like granite countertops and energy-efficient windows, the overall interior finishes—including ceramic tile flooring and basic fixtures—appear dated. It is functional and move-in ready, but lacks the comprehensive recent renovation required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Convenience
The property is ideally situated within walking distance to shopping centers and directly across from Casadel Ouro Elementary School, offering high walkability and convenience.
- Modern Interior Upgrades
The unit features desirable granite countertops and energy-efficient windows, providing a move-in ready aesthetic while helping to reduce utility costs.
- Value-Added HOA Amenities
The monthly HOA fee includes essential services like water and trash, along with access to a community pool and dedicated covered parking, enhancing the overall value proposition.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =96267, other record lot size in square feet = 96121.
- Limited Square Footage
With only 500 square feet of living space, the unit is quite compact, which may be a constraint for buyers requiring more room for furniture or storage.
- Second-Floor Accessibility
Being located on the second floor may pose a challenge for individuals with mobility issues or those who prefer the convenience of a ground-level entrance.
About 10235 Madrid Way 114
Beautifully second-floor 1BD/1BA condo with unbeatable location! This light-filled unit features granite countertops, energy-efficient windows throughout. The spacious bedroom includes a generous walk-in closet, while the dining area opens to a private balcony—perfect for morning coffee or relaxing outdoors. Enjoy the convenience of being walking distance to shopping and Casadel Ouro Elementary School right across the street. The well-maintained community offers a refreshing pool, with water and trash included in the HOA fees. Home comes with one covered parking space plus plenty of off-street parking for guests. Move-in ready comfort, great amenities, and a prime location—this one checks all the boxes!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 96,267.602 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $275.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 500 | 916.588 |
| Lot Size | 96,267.602 | 55,739.094 |
| Price | $305.0K | $469.5K |
| Price per sq ft | $610 | $514 |
| Built year | 1985 | 1985 |
| HOA | $275.0 | $453 |
| Days on market | 24 | 53 |
Pricing History
Listed for Sale
Oct 1, 2026
$305,000
Initial Listing
Sold
Jun 17, 2014
$105,000
Public Record
Sold
Dec 31, 2003
$163,000
Public Record