
Lathrop, CA 95330
This property presents a High-Potential Investment Opportunity with a List Price of $449,900—positioned well below the $455,057 Fair Market Value by 1%. This valuation gap offers $5,157 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires minor updates to reach its full potential. The 6,996 sqft corner lot and vaulted ceilings provide a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Cannella Ct Subject 3 bd · 2 ba · 1,353 sqft · $336 | $449,900* List Price | 3 | 2 | 1,353 | $336 | - |
A 16439 Carleta Place Sold 3 bd · 2 ba · 1,092 sqft · $426 · 0.3 mi | $465,000 | 3 | 2 | 1,092 | $426 | 0.3 mi |
B 260 Patricia Place Sold 4 bd · 2 ba · 1,473 sqft · $350 · 0.6 mi | $515,000 | 4 | 2 | 1,473 | $350 | 0.6 mi |
C 15955 6th Street Sold 5 bd · 2 ba · 1,508 sqft · $312 · 0.1 mi | $470,000 | 5 | 2 | 1,508 | $312 | 0.1 mi |
D 15510 Lottie Way Sold 3 bd · 2 ba · 1,316 sqft · $391 · 0.7 mi | $515,000 | 3 | 2 | 1,316 | $391 | 0.7 mi |
E 15883 Warfield Sold 3 bd · 2 ba · 1,564 sqft · $262 · 0.6 mi | $410,000 | 3 | 2 | 1,564 | $262 | 0.6 mi |
F 16419 Bizzibe Street Sold 3 bd · 2 ba · 988 sqft · $430 · 0.7 mi | $425,000 | 3 | 2 | 988 | $430 | 0.7 mi |
G 911 Toro Lane Sold 4 bd · 2 ba · 1,844 sqft · $279 · 0.2 mi | $515,000 | 4 | 2 | 1,844 | $279 | 0.2 mi |
H 469 Orlando Lane Active 4 bd · 2 ba · 1,300 sqft · $338 · 0.5 mi | $439,900 List Price | 4 | 2 | 1,300 | $338 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is dated and shows typical wear for its age. While the structure appears functional, the interior finishes like the ceiling fans and flooring are older, and the listing description explicitly states it needs 'a bit of work' to be ready, aligning with the need for minor repairs and updates.
Situated on a spacious 6,996 sqft corner lot, the property offers enhanced privacy and curb appeal compared to standard interior lots.
The interior features vaulted ceilings and an open floor plan, creating a sense of volume and a modern, airy atmosphere in the living spaces.
Excellent proximity to local schools, parks, and freeway access makes this an ideal location for commuters and families seeking convenience.
The listing indicates the home requires 'a bit of work,' suggesting immediate sweat equity or renovation costs are needed to bring it to its full potential.
With a rating of 4 for the nearest elementary school, the local school performance may be a consideration for education-focused buyers.
Welcome to 1200 Cannella Ct! This home sits on a corner lot, featuring 3 bedrooms and 2 bathrooms on over 1,300+ SQFT . Step inside to spacious, open living areas with vaulted ceilings, creating a comfortable setting for entertaining. With restaurants, parks, schools, and easy freeway access nearby, this home offers both convenience and accessibility. With just a bit of work, this home is ready to shine! Come and make this one your own!
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,353 | 2,381.483 |
| Lot Size | 6,996 | 5,787.427 |
| Price | $449.9K | $673.6K |
| Price per sq ft | $333 | $277 |
| Built year | 1993 | 2021 |
| HOA | $0 | $181 |
| Days on market | 10 | 89 |
Oct 14, 2026
$449,900
Initial Listing
Apr 5, 2011
$120,000
Public Record