
Magalia, California 95954
This Value-Add Residential Property is listed at $252,500, with a Fair Market Value of $138,951. The property currently holds a Poor Condition Rating due to its original 1992 finishes, a worn roof, and aged HVAC systems, presenting a clear opportunity for forced appreciation through modernization. The interior features vaulted ceilings, while the exterior offers a 2-car garage and extensive RV parking with a septic cleanout on a flat lot. Located within the Paradise Unified district, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to modernize a home in a market where comparable sales reach $284,000.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14708 Wood Drive Subject | $249,500* List Price | 3 | 2 | 1,347 | $100 | - |
A 14697 Bridgeport Sold | $177,000 | 2 | 1 | 912 | $194 | 0.8 mi |
B 14851 Masterson Sold | $215,000 | 3 | 2 | 1,098 | $196 | 0.7 mi |
C 14405 Clarion Way Active | $248,000 List Price | 3 | 2 | 1,402 | $177 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1992 (32 years old) and appears to have original finishes. The kitchen features dated oak cabinetry and laminate countertops, and the bathrooms utilize original fixtures and linoleum flooring. Per the criteria, the age (>30 years) and the need for significant cosmetic and system updates (including a worn roof and aged exterior HVAC unit) place it in the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1347.
The property features a 2-car garage plus additional outdoor parking for two vehicles and a dedicated space for an RV or boat, complete with a convenient septic cleanout.
Vaulted ceilings in both the living room and master bedroom create an open, airy atmosphere that enhances the perceived square footage and interior appeal.
The listing indicates no specific views, which may be a drawback for buyers looking for the natural vistas often associated with the Magalia region.
The laundry facilities are located in a hallway closet, which may be less convenient for families compared to a dedicated laundry room or mudroom.
Great starter home, vary desirable 3-bedroom 2 full bath, in good area next to main road, has flat setting up from street level, place to park RV. or boat plus 2 car parking outside of 2 car garage. RV. cleanout by septic tank, interior has vaulted ceilings in Living room and master bedroom, master bedroom also has a master bath, Laundry is in hallway closet, see property photos,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,347 | 1,498 | 27% |
| Lot Size | 8,712 | 12,632.2 | 2% |
| Price | $249.5K | $272.4K | 37% |
| Price per sq ft | $185 | $182 | 56% |
| Built year | 1992 | 1991 | 62% |
| HOA | $0 | $287 | 31% |
| Days on market | 35 | 242 | 2% |
May 23, 2026
$249,500
$252,500
-1% Price Drop
Initial Listing
May 2, 2026
$252,500
Initial Listing
Jun 21, 2021
$215,000
Public Record
Mar 26, 2009
$90,000
Public Record
Nov 5, 2004
$210,000
Public Record