1105 E 7th Street, Stockton, CA 95206, Stockton, 95206 - 3 bed, 1 bath
ACTIVE$329,000$936/sqft
Est. Value: $281,809
-14%
AboveEstimate
1105 E 7th Street, Stockton, CA 95206
3Beds
1Bath
936Sqft
5,001Lot
Price Vs. Estimate
The estimated value ($281,809.19) is $47,190.81 (14%) lower than the list price ($329,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Potential: Explicitly marketed for investors and currently tenant-occupied, offering immediate rental income potential.
Top Cons:
Showing Restrictions: Tenant occupancy requires 48-hour notice for showings, which can complicate scheduling and potentially hinder buyer access.
Compared to the nearby listings
Price:$329.0K vs avg $399.0K ($-70,000)35%
Size:936 sqft vs avg 1,529 sqft18%
Price/sqft:$351 vs avg $24592%
More Insights
Built in 1964 (62 years old).
Condition: Built in 1964, the property is 60 years old. While the description mentions 'new flooring and paint throughout,' the kitchen images clearly show severely outdated and worn cabinets, countertops, appliances, and flooring, indicating a lack of recent renovation in this critical area. The kitchen requires substantial rehabilitation. The presence of an older wall-mounted heater and only one bathroom for a 3-bedroom home further suggests older systems and potential for significant updates beyond cosmetics.
Year Built
1964
Close
-
List price
$329K
Original List price
-
Price/Sqft
$351
HOA
$0
Days on market
-
Sold On
-
MLS number
225136358
Home ConditionPoor
Features
View-
About this home
Calling investors. This property is tenant occupied. Features big corner lot, paid for solar, new flooring and paint throughout. **Please allow 48 hours for showings** Freeway Access just around the corner.
D
Dena Moore
Listing Agent
Nearby schools
3/10
Van Buren Elementary School
Public,•K-8•0.6mi
2/10
Alexander Hamilton Elementary School
Public,•K-8•1.2mi
3/10
Monroe Elementary School
Public,•K-8•1.2mi
3/10
Edison High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
06/10/24
Sold
$145,000
Condition Rating
Poor
Built in 1964, the property is 60 years old. While the description mentions 'new flooring and paint throughout,' the kitchen images clearly show severely outdated and worn cabinets, countertops, appliances, and flooring, indicating a lack of recent renovation in this critical area. The kitchen requires substantial rehabilitation. The presence of an older wall-mounted heater and only one bathroom for a 3-bedroom home further suggests older systems and potential for significant updates beyond cosmetics.
Pros & Cons
Pros
Investment Potential: Explicitly marketed for investors and currently tenant-occupied, offering immediate rental income potential.
Energy Efficiency: Features paid-for solar panels, significantly reducing utility costs and increasing long-term value for the owner.
Recent Cosmetic Updates: New flooring and paint throughout provide a fresh, move-in ready interior, minimizing immediate renovation expenses for a new owner.
Desirable Lot Features: Positioned on a big corner lot, offering enhanced privacy, curb appeal, and potentially more usable outdoor space.
Excellent Accessibility: Convenient freeway access just around the corner, beneficial for commuters and overall connectivity to the wider area.
Cons
Showing Restrictions: Tenant occupancy requires 48-hour notice for showings, which can complicate scheduling and potentially hinder buyer access.
Limited Bathroom Count: Only one bathroom for a three-bedroom home may be insufficient for families or multiple occupants, potentially impacting market appeal.
Age of Property: Built in 1964, the property is 60 years old, suggesting potential for older infrastructure (e.g., plumbing, electrical, roof) that may require future maintenance or upgrades beyond the cosmetic updates mentioned.