10235 Madrid Way 114, Spring Valley, California 91977, Spring Valley, 91977 - 1 bed, 1 bath
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Spring Valley, California 91977
This Move-In Ready Condominium represents a High-Potential Investment Opportunity, listed at $305,000—positioned well above the $259,069 Fair Market Value by 17%. While the list price exceeds current estimates, the property offers a Condition Rating of 3, featuring Granite Kitchen countertops and Energy-Efficient Windows. Located directly across from Casadel Ouro Elementary in the Grossmont Union district, this unit provides a convenient lifestyle with Community Pool access. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10235 Madrid Way 114 Subject | $305,000* List Price | 1 | 1 | 500 | $518 | - |
A 9860 Dale Avenue A3 Sold | $300,000 | 1 | 1 | 600 | $500 | 0.7 mi |
B 9860 Dale Ave B9 Sold | $301,500 | 1 | 1 | 600 | $503 | 0.7 mi |
C 10235 Madrid Way 108 Sold | $305,000 | 1 | 1 | 600 | $508 | - |
D 9860 Dale Avenue C4 Active | $335,000 List Price | 1 | 1 | 600 | $558 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1985 (39+ years old), it is well-maintained and functional. It features key updates including granite countertops and energy-efficient windows, along with newer laminate flooring in the bedroom. The unit is described as move-in ready, elevating it above the 'Fair' category despite the age of the building and some dated finishes like the ceramic tile flooring.
The unit is ideally situated within walking distance to local shopping centers and directly across from Casadel Ouro Elementary School, offering exceptional convenience for daily errands.
The condo features desirable granite countertops and energy-efficient windows, providing a move-in-ready aesthetic and potential long-term utility savings.
A competitive $275 monthly HOA fee includes essential utilities like water and trash, along with community pool access and dedicated covered parking, enhancing overall value.
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.
With only 500 square feet of living area, the compact footprint may be a significant constraint for buyers requiring more room for furniture or storage.
The property has been on the market for over 100 days and has already seen a price reduction, which may lead to concerns regarding its liquidity or initial overvaluation.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 500 | 814 |
| Lot Size | 96,267.602 | 93,540.5 |
| Price | $305.0K | $471.8K |
| Price per sq ft | $610 | $512 |
| Built year | 1985 | 1985 |
| HOA | $275.0 | $436 |
| Days on market | 105 | 59 |
Jul 19, 2026
$305,000
$339,999
-10% Price Drop
Initial Listing
Apr 8, 2026
$339,999
Initial Listing
Jun 17, 2014
$105,000
Public Record
Dec 31, 2003
$163,000
Public Record