1042 Walnut St, Oakdale, CA 95361, Oakdale, 95361 - 3 bed, 2 bath
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This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $495,000—positioned well below the $501,370 Fair Market Value by 1%. This valuation gap offers $6,370 in Instant Equity. Featuring a Condition Rating of 3, the home includes owned solar, an EV charger, and a productive backyard garden. While local school ratings are mixed, the property’s functional updates and large lot size provide significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking energy efficiency or first-time buyers prioritizing move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1042 Walnut St Subject | $495,000* List Price | 3 | 2 | 1,511 | $332 | - |
A 1320 Walnut Sold | $500,000 | 3 | 2 | 1,440 | $347 | 0.2 mi |
B 892 River Bluff Drive Sold | $555,000 | 3 | 2 | 1,448 | $383 | 0.9 mi |
C W H Street Sold | $479,000 List Price | 3 | 2 | 1,560 | 0.6 mi | |
D 1500 Walnut Street Pending | $500,000 List Price | 3 | 2 | 1,530 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1980, the property is described as move-in ready with significant functional updates including new flooring throughout, owned solar, and a garage EV charger, indicating consistent maintenance and recent system improvements.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1511.
The property features an extensive edible garden with diverse fruit varieties and owned solar panels with an EV charger, offering significant utility savings and a unique lifestyle appeal.
Priced $20,000 below recent neighborhood comparables, this move-in-ready home presents a strong value proposition and potential for immediate equity.
The assigned high school and junior high have low ratings (1 and 3 respectively), which may be a concern for education-focused families and impact future resale value.
Although the solar is owned, it carries assumable financing, meaning the buyer must take over existing debt, which increases the monthly debt-to-income ratio.
Welcome home to this charming 3 bedroom, 2 bath home nestled on nearly a quarter acre in one of Oakdale's established neighborhoods. Enjoy the best of California living with your own backyard garden featuring 5 varieties of grapes, peach, plum, apple, Meyer lemon, oranges, cherries, and strawberries. Updated flooring throughout, 2-car garage with EV charger, and owned solar with assumable financing — Located in Oakdale, the "Cowboy Capital of the World," you're minutes from top-rated schools, Woodward Reservoir, local dining, and easy access to Hwy 108 and Hwy 120. A rare find at this price — priced $20,000 below a comparable home in the same neighborhood, move-in ready with a productive backyard garden, sun-powered savings, and room to breathe.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,511 | - |
| Lot Size | 9,147 | - |
| Price | $495.0K | $505.1K |
| Price per sq ft | $328 | $309 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 45 |
Jul 15, 2026
$495,000
Initial Listing
Dec 18, 2023
$430,000
Public Record
Apr 28, 2008
$210,000
Public Record
Nov 15, 2001
$171,000
Public Record
Sep 27, 2000
$150,000
Public Record