
Newman, CA 95360
This Single Family Residence is a High-Potential Investment Opportunity, listed at $480,000—positioned well above the $422,798 Fair Market Value by 13%. While the property lacks instant equity, it offers significant long-term utility savings through Owned Solar Panels and versatile Gated Side-Yard Parking. The home maintains a Condition Rating of 4, featuring a Vaulted Ceiling Family Room and Full-Length Covered Patio. While the interior finishes are dated, the layout provides a solid foundation for cosmetic upgrades. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Ruddy Court Subject | $480,000* List Price | 4 | 3 | 1,887 | $224 | - |
A 501 Flour Mill Drive Sold | $520,000 | 4 | 2 | 2,188 | $238 | 0.3 mi |
B 622 Crevison Peak Drive Sold | $460,000 | 3 | 2 | 2,325 | $198 | 0.4 mi |
C 317 Northampton Way Sold | $485,000 | 3 | 2 | 2,091 | $232 | 0.4 mi |
D 1166 Labrador Court Active | $489,950 List Price | 4 | 3 | 2,148 | $228 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old and retains original features including oak cabinetry and tile countertops. While the home appears well-maintained and includes functional upgrades like owned solar, the kitchen and baths are dated and exceed the 20-year threshold for a 'Good' rating without recent renovations.
The property features fully owned and paid-off solar panels, offering the new homeowner significant long-term savings on utility costs.
A wide gated side-yard with concrete provides versatile space for extra vehicle parking, RV, or boat storage, a premium feature for the area.
The home boasts soaring vaulted ceilings and a dramatic floor-to-ceiling brick fireplace, creating a spacious and high-end feel in the family room.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6229, other record lot size in square feet = 6098.
The presence of original oak cabinetry and tile countertops suggests the interior may require cosmetic modernization to appeal to contemporary tastes.
The local high school is rated a 5 out of 10, which may be a drawback for families specifically seeking top-tier educational districts.
Two-story home on a cul-de-sac with OWNED, paid-off solar for lower energy costs. 4 bedrooms and 3 full baths with soaring vaulted ceilings and a dramatic floor-to-ceiling brick fireplace anchoring the family room. The kitchen offers a center island, tile counters, and generous oak cabinetry, opening to the dining and living space. Upstairs primary suite with private bath and double sinks. Indoor laundry, attached two-car garage, and wide gated side-yard concrete for extra parking. Private backyard with a full-length covered patio, lawn, and mature producing citrus.
No exterior & parking available.
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,887 | - |
| Lot Size | 6,229 | - |
| Price | $480.0K | $450.5K |
| Price per sq ft | $254 | $267 |
| Built year | 2000 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 118 |
Jun 30, 2026
$480,000
Initial Listing
Jul 3, 2002
$34,000
Public Record