1516 S Hunter Street, Stockton, CA 95206, Stockton, 95206 - 4 bed, 2 bath
ACTIVE$239,900$1,149/sqft
Est. Value: $239,900
%
FairlyEstimate
1516 S Hunter Street, Stockton, CA 95206
4Beds
2Baths
1,149Sqft
4,000Lot
Price Vs. Estimate
The estimated value ($239,900) is $0 (0%) lower than the list price ($239,900). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Investment Potential: The property is explicitly marketed as a 'Great Opportunity' with 'potential,' and its current list price of $239,900 is substantially lower than its last recorded sale of $320,000 in 2021, indicating a strong value proposition for investors or buyers seeking to build equity through renovation.
Top Cons:
Cash Only Transaction: This is a critical limitation, as the property explicitly requires a 'CASH ONLY transaction,' severely restricting the pool of eligible buyers and excluding those reliant on traditional financing.
Compared to the nearby listings
Price:$239.9K vs avg $399.0K ($-159,100)25%
Size:1,149 sqft vs avg 1,529 sqft26%
Price/sqft:$209 vs avg $24436%
More Insights
Built in 1926 (100 years old).
Condition: Built in 1926, this property is nearly 100 years old with no indication of recent major renovations. The 'CASH ONLY' transaction requirement is a strong indicator that the property will not qualify for traditional financing due to its current condition, suggesting significant defects or deferred maintenance. The complete absence of interior images further supports the likelihood of outdated styles, features, and systems (kitchen, bathrooms, flooring, electrical, HVAC) requiring substantial repairs and rehabilitation to meet modern living standards and safety codes. The exterior image shows an aged home with visible wear.
Year Built
1926
Close
-
List price
$240K
Original List price
-
Price/Sqft
$209
HOA
$0
Days on market
-
Sold On
-
MLS number
224153311
Home ConditionPoor
Features
View-
About this home
AUCTION: Great Opportunity to own this single-family home oozing with potential. This home was built in 1926 and features 4 bedrooms and 2 bathrooms, with plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
N
Neven Spralja
Listing Agent
Price History
Date
Event
Price
06/28/21
Sold
$320,000
Condition Rating
Poor
Built in 1926, this property is nearly 100 years old with no indication of recent major renovations. The 'CASH ONLY' transaction requirement is a strong indicator that the property will not qualify for traditional financing due to its current condition, suggesting significant defects or deferred maintenance. The complete absence of interior images further supports the likelihood of outdated styles, features, and systems (kitchen, bathrooms, flooring, electrical, HVAC) requiring substantial repairs and rehabilitation to meet modern living standards and safety codes. The exterior image shows an aged home with visible wear.
Pros & Cons
Pros
Significant Investment Potential: The property is explicitly marketed as a 'Great Opportunity' with 'potential,' and its current list price of $239,900 is substantially lower than its last recorded sale of $320,000 in 2021, indicating a strong value proposition for investors or buyers seeking to build equity through renovation.
Generous Living Space: Featuring 4 bedrooms and 2 bathrooms within 1149 sqft, the home offers ample accommodation suitable for families or those desiring extra space.
No Association Fees: The absence of HOA fees (association_fee: '0') provides a significant financial advantage, reducing ongoing ownership costs for the buyer.
Seller Concessions: The seller's commitment to pay 'Taxes, HOA, and Municipal/Utility Liens' offers a notable financial incentive, potentially lowering the buyer's initial closing costs.
Renovation Opportunity: Built in 1926, the property presents a unique opportunity for a buyer to modernize and customize the home to their taste, adding significant value and personalizing the living space.
Cons
Cash Only Transaction: This is a critical limitation, as the property explicitly requires a 'CASH ONLY transaction,' severely restricting the pool of eligible buyers and excluding those reliant on traditional financing.
Advanced Age & Implied Condition: Constructed in 1926, the home is nearly a century old. While offering potential, its age strongly suggests the need for substantial renovations, updates, and potential repairs to meet modern standards and ensure long-term habitability.
Auction Process & Due Diligence: Being an auction property, buyers must navigate a specific process and carefully review 'Auction disclaimers.' This format often implies an 'as-is' sale and requires thorough due diligence, potentially adding complexity and risk for the buyer.