1200 Cannella Court, Lathrop, CA 95330, Lathrop, 95330 - 3 bed, 2 bath
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1200 Cannella Court
Lathrop, CA 95330
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,353Sq Ft
6,996Lot Size
Property Price
LIST PRICE$459,900
EST. MARKET VALUE
$473,745
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $459,900—positioned well below the $473,745 Fair Market Value by 2%. This valuation gap offers $13,845 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates to maximize its 1,353 SQFT layout. Situated on a Prime Corner Lot with no HOA fees and proximity to Lathrop Elementary, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$473,745
Based on Realkey algorithm analyzing recent comparable sales in Lathrop.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Cannella Court Subject | $459,900* List Price | 3 | 2 | 1,353 | $350 | - |
A 16439 Carleta Place Sold | $465,000 | 3 | 2 | 1,092 | $426 | 0.3 mi |
B 15510 Lottie Way Sold | $515,000 | 3 | 2 | 1,316 | $391 | 0.7 mi |
C 260 Patricia Place Sold | $515,000 | 4 | 2 | 1,473 | $350 | 0.6 mi |
D 587 Somoa Lane Sold | $420,000 | 4 | 2 | 1,324 | $317 | 0.4 mi |
E 15883 Warfield Sold | $410,000 | 3 | 2 | 1,564 | $262 | 0.6 mi |
F 379 Valverde Court Sold | $415,000 | 3 | 1 | 1,037 | $400 | 0.7 mi |
G 16419 Bizzibe Street Sold | $425,000 | 3 | 2 | 988 | $430 | 0.7 mi |
H 469 Orlando Lane Active | $439,900 List Price | 4 | 2 | 1,300 | $338 | 0.5 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 1993 (31 years old), the property is dated with original oak cabinetry, older tile flooring, and 90s-style bathroom fixtures. The listing description confirms it needs 'a bit of work,' which aligns with the Fair criteria of needing minor repairs and cosmetic updates rather than a full structural rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Corner Lot Location
Situated on a spacious corner lot within walking distance to Lathrop Elementary and close to major freeway access, offering both privacy and excellent neighborhood accessibility.
- Architectural Appeal
The interior features vaulted ceilings and an open-concept floor plan, which maximizes the 1,353 square feet to create a bright, airy, and spacious atmosphere.
- No HOA Fees
The absence of a homeowners association fee reduces monthly carrying costs and provides the owner with more freedom regarding property use and modifications.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted as needing 'a bit of work' to shine, indicating that immediate investment in repairs or cosmetic updates will be necessary.
- Dated Infrastructure
Built in 1993, the home may require updates to major systems or interior finishes to meet modern energy efficiency and contemporary design standards.
About 1200 Cannella Court
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 6,996 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lathrop Unified Schools
Lathrop Elementary School
Grades K-8 • 0.2 mi
4/10
Lathrop High School
Grades 9-12 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,353 | 2,350.422 |
| Lot Size | 6,996 | 5,470.406 |
| Price | $459.9K | $666.1K |
| Price per sq ft | $340 | $282 |
| Built year | 1993 | 2021 |
| HOA | $0 | $181 |
| Days on market | 21 | 87 |
Pricing History
Listed for Sale
Aug 19, 2026
$459,900
Initial Listing
Sold
Apr 5, 2011
$120,000
Public Record