1433 Ayers Avenue, Lodi, CA 95242, Lodi, 95242 - 2 bed, 2 bath

1433 Ayers Avenue, Lodi, CA 95242 home-pic-0
ACTIVE$470,000$1,261/sqft
Est. Value: $436,074
-7%
AboveEstimate
1433 Ayers Avenue, Lodi, CA 95242
2Beds
2Baths
1,261Sqft
7,129Lot

Price Vs. Estimate

The estimated value ($436,073.525) is $33,926.475 (7%) lower than the list price ($470,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7129, living area = 1261.
Top Cons:
Dated Kitchen: The kitchen is described as 'functional' with wood cabinetry, finished countertops, and linoleum flooring, suggesting it may require modernization to meet contemporary tastes.

Compared to the nearby listings

Price:$470.0K vs avg $535.0K ($-65,000)29%
Size:1,261 sqft vs avg 1,713 sqft16%
Price/sqft:$373 vs avg $31585%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952, this property presents a mix of recent updates and dated elements. The main hall bathroom has been recently remodeled with modern finishes, and the exterior has fresh paint and good curb appeal. However, the kitchen features older wood cabinetry, laminate countertops, and linoleum flooring, clearly indicating a need for modernization. The second bathroom also appears dated despite some lighting updates. Carpeted living areas, while functional, are often considered a candidate for replacement by buyers. While major systems like central heat/air and dual-pane windows are present, the overall aesthetic in key areas like the kitchen and parts of the flooring and second bathroom suggest the property requires minor updates to meet contemporary tastes, aligning with a 'Fair' condition.
Year Built
1952
Close
-
List price
$470K
Original List price
-
Price/Sqft
$373
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82029792
Home ConditionFair
Features
Patio
View-

About this home

Classic 1950s charm and thoughtful updates on a big lot in the sought-after Lakewood neighborhood, known for its friendly neighbors and strong sense of community. Freshly painted white with black trim and terra-cotta porch, walkways & driveway create inviting curb appeal. Featuring 2 bedrooms, 2 bathrooms, a cozy living room with gas fireplace, carpeted living areas, hallways and bedrooms, with hardwood flooring believed to be underneath. Functional kitchen includes wood cabinetry, finished countertops, linoleum flooring, breakfast bar, double stainless-steel sink, nook-style eating area, plus side-by-side refrigerator and gas oven/range included. Separate formal dining area adds flexibility. Main hall bathroom has been remodeled with neutral gray finishes, white stone countertop, gray tile shower and tile flooring. Second bathroom features shower stall, ceramic tile and updated lighting. Outdoor highlights include a private courtyard, lawn area, covered patio, wooden gate and newer fencing on the east side. Corner lot offers extra parking. Additional features include central heat and air, dual-pane windows & composition roof. Excellent location within walking distance to Lodi Lake for picnics, fishing, boating, nature trails, and Lodi's popular Fourth of July celebration!

M
Mary Lee
Listing Agent

Price History

Date
Event
Price
07/18/23
Sold
$439,000
Condition Rating
Fair

Built in 1952, this property presents a mix of recent updates and dated elements. The main hall bathroom has been recently remodeled with modern finishes, and the exterior has fresh paint and good curb appeal. However, the kitchen features older wood cabinetry, laminate countertops, and linoleum flooring, clearly indicating a need for modernization. The second bathroom also appears dated despite some lighting updates. Carpeted living areas, while functional, are often considered a candidate for replacement by buyers. While major systems like central heat/air and dual-pane windows are present, the overall aesthetic in key areas like the kitchen and parts of the flooring and second bathroom suggest the property requires minor updates to meet contemporary tastes, aligning with a 'Fair' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7129, living area = 1261.
Prime Location & Community: Located in the sought-after Lakewood neighborhood known for its strong community, and within walking distance to Lodi Lake for recreational activities.
Key Updates & Modern Amenities: Equipped with central heat and air, dual-pane windows, a composition roof, and a recently remodeled main hall bathroom, enhancing comfort and value.
Excellent Curb Appeal & Outdoor Living: Features freshly painted exterior, inviting terra-cotta accents, a large corner lot with extra parking, a private courtyard, and a covered patio for outdoor enjoyment.
Classic Charm with Functional Layout: Retains classic 1950s charm with thoughtful updates, includes a cozy living room with a gas fireplace, and offers a separate formal dining area.
No Homeowners Association (HOA) Fees: The absence of HOA fees provides a significant financial benefit and greater freedom for the homeowner.

Cons

Dated Kitchen: The kitchen is described as 'functional' with wood cabinetry, finished countertops, and linoleum flooring, suggesting it may require modernization to meet contemporary tastes.
Carpeted Living Areas: Living areas, hallways, and bedrooms are carpeted, with hardwood flooring only 'believed to be underneath,' presenting a potential renovation project and unknown cost for buyers preferring hardwood.
Compact Interior Square Footage: With 1261 sqft, the interior living space is relatively modest for a 2-bedroom, 2-bathroom home, which might be a consideration for buyers seeking more expansive rooms.
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