1311 Drake Dr #7, Davis, CA 95616, Davis, 95616 - 3 bed, 2 bath
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1311 Drake Dr #7
Davis, CA 95616
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,080Sq Ft
836Lot Size
Property Price
LIST PRICE$445,000
EST. MARKET VALUE
$496,443
10% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $450,000—positioned well below the $497,827 Fair Market Value by 9%. This valuation gap offers $47,827 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes Quartz Countertops, Dual-Pane Windows, and a Versatile 3-Bedroom Layout. Located near Top-Rated Schools like Robert E. Willett Elementary, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready home in a prime Davis location.
Estimated Market Value
$496,443+$51,443 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1311 Drake Dr #7 Subject 3 bd · 2 ba · 1,080 sqft · $460 | $445,000* List Price | 3 | 2 | 1,080 | $460 | - |
A 909 Alvarado Avenue 28 Sold 2 bd · 2 ba · 1,239 sqft · $432 · 0.2 mi | $535,000 | 2 | 2 | 1,239 | $432 | 0.2 mi |
B 1311 Drake Drive 1 Active 3 bd · 2 ba · 1,050 sqft · $456 · 0.0 mi | $479,000 List Price | 3 | 2 | 1,050 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1979, the property has undergone a recent refresh (under 5 years) including new quartz countertops in the kitchen and bathrooms, fresh interior paint, and updated flooring. The unit is in mint, move-in-ready condition with dual-pane windows and modern hardware updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Robert E. Willett Elementary School (9/10). High School: Davis Senior High School (9/10).
- Exceptional Value
Priced at $450,000 for a three-bedroom unit in the competitive Davis market, this property represents a rare affordable entry point for first-time buyers or investors.
- Modernized Interior
The home features high-quality updates including quartz countertops in the kitchen and bathrooms, fresh interior paint, and dual-pane windows, offering a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =836, other record lot size in square feet = 1183.
- Compact Living Space
At 1,080 square feet for a three-bedroom configuration, the living areas and bedrooms may feel somewhat constrained for larger families or those requiring significant storage.
- Recurring HOA Expenses
The monthly association fee of $366 adds a fixed carrying cost that buyers must factor into their monthly budget alongside the mortgage payment.
About 1311 Drake Dr #7
3 bedrooms in Davis for $450,000! This refreshed Redwood Grove condo offers a flexible 3-bedroom, 2-bath floor plan with 1,080 sq. ft. and a desirable downstairs bedroom and full bathideal for guests, a home office, or multi-generational living. Step inside to fresh interior paint, vaulted ceilings, dual-pane windows, and quartz countertops in the kitchen and bathrooms. The eat-in kitchen opens to a private patio off the dining area, while a second private patio off the downstairs bedroom provides additional outdoor space. Additional features include in-unit laundry hookups and ample parking. Conveniently located near UC Davis, shopping, dining, public transportation, and freeway access. If you've been searching for an affordable opportunity to own a 3-bedroom home in Davis, this move-in-ready condo is one to see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 836 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $366 / Month
Neighborhood Insights
Davis Unified Schools
Robert E. Willett Elementary School
Grades K-6 • 0.4 mi
9/10
Ralph Waldo Emerson Junior High School
Grades 7-9 • 1.0 mi
7/10
Davis Senior High School
Grades 10-12 • 0.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,314.429 |
| Lot Size | 836 | 1,473.714 |
| Price | $445.0K | $556.4K |
| Price per sq ft | $412 | $423 |
| Built year | 1979 | 1991 |
| HOA | $366 | $459 |
| Days on market | 46 | 55 |
Pricing History
Listed for Sale
Oct 17, 2026
$445,000
$450,000
-1% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$450,000
Initial Listing
Sold
Feb 5, 2019
$367,000
Public Record