1045 Greene Ter, Davis, CA 95618, Davis, 95618 - 2 bed, 2 bath
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1045 Greene Ter
Davis, CA 95618
ACTIVE
CONDITION: FAIR
2Beds
2Baths
954Sq Ft
854Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$371,681
SUMMARY
This Condominium represents a High-Potential Investment Opportunity, listed at $399,000—positioned slightly above the $388,482 Fair Market Value. While the property requires cosmetic updates to improve its Fair Condition Rating, the functional open-concept layout, dedicated laundry, and community pool provide a solid foundation for value-add improvements. Given the strict City of Davis Affordable Housing Program and owner-occupancy requirements, this property is a stable, long-term acquisition for first-time buyers or owner-occupants seeking an entry-level home in a desirable market.
Estimated Market Value
$371,681
Based on Realkey algorithm analyzing recent comparable sales in Davis.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 Greene Ter Subject 2 bd · 2 ba · 954 sqft · $390 | $375,000* List Price | 2 | 2 | 954 | $390 | - |
A 1107 Greene Ter Pending 3 bd · 3 ba · 1,205 sqft · $398 · 0.0 mi | $479,000 List Price | 3 | 3 | 1,205 | $398 | 0.0 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 1994, this 30-year-old property appears to be in mostly original condition. The kitchen and bathrooms feature dated white tile countertops, older white appliances, and original cabinetry. While the unit is clean, well-maintained, and functional, it lacks modern updates and falls into the 'Fair' category due to its age and the need for cosmetic improvements to flooring and fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- Functional Interior Design
The open-concept kitchen featuring a peninsula workspace flows seamlessly into the living area, complemented by a primary bathroom with a double vanity, maximizing the utility of the 954-square-foot layout.
- Enhanced Storage and Utility
The inclusion of a built-in garage and a dedicated laundry room provides practical parking and storage solutions that are often sought after but rarely found in similar condominium units.
- Community Amenities
Residents enjoy access to a community pool within the Greene Terrace subdivision, adding significant recreational value and lifestyle appeal to the property.
CONSRISKS & DEFICIENCIES
- Restrictive Ownership Requirements
Participation in the City of Davis Affordable Housing Program and the strict owner-occupancy requirement significantly limit the pool of eligible buyers and exclude real estate investors.
- Market Stagnation
With 104 days on the market and a recent price reduction from the initial listing, the property is experiencing slower-than-average absorption, which may impact its perceived market value.
About 1045 Greene Ter
Discover the ease of modern living at 1045 Greene Ter, Davis, CA. This inviting 954 square foot residential property is on the second story, featuring two bedrooms and two bathrooms, is ready for you to move in and begin your next chapter. The heart of this home is undoubtedly the kitchen, designed with an open plan that flows seamlessly into the living room, fostering connection and effortless entertaining. A practical peninsula provides a great workspace. The Primary bathroom in the home offers the convenience of a double vanity, providing ample space and functionality for daily routines. Beyond the walls of this charming home, a built-in garage offers practical parking and storage solutions. A dedicated laundry room simplifies household chores. Residents also benefit from access to a community pool, perfect for relaxation and recreation. This property presents a compelling opportunity to embrace a lifestyle of comfort and convenience. This property is in the City of Davis Affordable Housing Program. Contact your agent and the City of Davis for details. Owner occupied requirement.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- 854 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $322 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 954 | 1,314.429 |
| Lot Size | 854 | 1,473.714 |
| Price | $375.0K | $556.4K |
| Price per sq ft | $393 | $423 |
| Built year | 1994 | 1991 |
| HOA | $322 | $459 |
| Days on market | 124 | 55 |
Pricing History
Listed for Sale
Oct 10, 2026
$375,000
$399,000
-6% Price Drop
Initial Listing
Price Change
Sep 12, 2026
$399,000
$415,000
-4% Price Drop
Initial Listing
Price Change
Aug 8, 2026
$415,000
Initial Listing
Sold
Jun 21, 2004
$166,500
Public Record
Sold
Jul 31, 1996
$98,000
Public Record
Sold
Sep 23, 1994
$99,000
Public Record