1507 Sandy Creek Drive, Newman, CA 95360, Newman, 95360 - 3 bed, 2 bath
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Newman, CA 95360
This property presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned well above the $287,770 Fair Market Value by -66%. Featuring a 1,536 sq. ft. floor plan with three bedrooms and two baths, the home is sold in Condition Rating 5, indicating a need for significant rehabilitation. While the no HOA status and existing solar infrastructure provide functional advantages, the auction terms require immediate capital. This asset is best suited for Fix-and-Flip Investors or Contractors capable of managing an as-is, value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1507 Sandy Creek Drive Subject | $480,000* List Price | 3 | 2 | 1,536 | $187 | - |
A 741 Real Avenue Sold | $402,000 | 3 | 2 | 1,671 | $241 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35+ years old) and sold 'As-Is' via auction, which typically indicates deferred maintenance; the property exceeds the 30-year threshold without documented renovations and likely requires significant rehab.
The 1,536 square foot floor plan featuring three bedrooms and two bathrooms provides a well-proportioned and practical living space for families or first-time buyers.
With an association fee of zero, homeowners enjoy full autonomy over their property without the burden of monthly dues or restrictive community regulations.
The existing solar panel system offers a significant opportunity for the buyer to reduce long-term utility costs and enhance the home's environmental footprint.
The property is sold via auction in as-is condition, which may limit traditional financing options and necessitates immediate capital for potential repairs or upgrades.
The requirement for the buyer to assume a solar lease or pay it off at closing introduces an additional financial obligation beyond the initial purchase price.
AUCTION: Affordable living in Newman, CA. This home was built in 1989 and has approx. 1,536 sq. ft. The lot size is 6,098 sq. ft. The home includes a two-car attached garage. If you blink this opportunity will be SOLD. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property. Buyer will be responsible for either assuming solar lease or paying off at close.
No exterior & parking available.
Grades 9-12 • 1.0 mi
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 | 1,536 | 1,694 | 38% |
| Lot Size | 6,098 | 6,024 | 50% |
| Price | $480.0K | $457.5K | 71% |
| Price per sq ft | $312 | $267 | 75% |
| Built year | 1989 | 2005 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 240 | 4% |
May 27, 2026
$480,000
Initial Listing
Jun 23, 2004
$252,500
Public Record
Jun 11, 2001
$165,000
Public Record