1561 Riechel, Atwater, California 95301, Atwater, 95301 - 3 bed, 2 bath
1561 Riechel
Atwater, California 95301
Property Price
SUMMARY
Analysis of 1561 Riechel, Atwater, California 95301 reveals a Fairly Priced Property with a current list price of $417,500 aligned with the estimated $420,755 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Atwater Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 Riechel Subject | $417,500* List Price | 3 | 2 | 1,607 | $262 | - |
A 2900 Los Altos Court Sold | $395,000 | 3 | 2 | 1,378 | $287 | 0.7 mi |
B 2543 Briarwood Street Sold | $435,000 | 3 | 2 | 1,622 | $268 | 0.6 mi |
C 190 Tammy Drive Sold | $375,000 | 4 | 2 | 1,489 | $252 | 1.0 mi |
D 2375 Fay Drive Sold | $395,000 | 4 | 2 | 1,667 | $237 | 0.6 mi |
E 3330 Virginia Street Active | $448,000 List Price | 4 | 2 | 1,548 | $289 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several significant updates that exceed the standard for its 1974 build year. The kitchen has been modernized with quartz countertops and stainless steel appliances, and the home benefits from high-ticket capital improvements including a newer roof, HVAC system, and water heater. While the home is 50 years old, the combination of updated interior finishes (flooring and paint) and well-maintained major systems places it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features dual solar systems, including one fully owned unit, which provides significant long-term savings on utility costs.
- Recent Capital Improvements
Peace of mind is ensured with several high-ticket upgrades, including a newer roof, HVAC system, and water heater, reducing immediate maintenance concerns.
- Modernized Interior
The home is move-in ready with an updated kitchen featuring premium quartz countertops and a versatile layout that includes both a living and family room.
CONSRISKS & DEFICIENCIES
- Assumable Solar Obligation
While the solar provides savings, one system carries an assumable payment that the buyer must qualify for and incorporate into their monthly budget.
- Vintage Infrastructure
Built in 1974, the property may still feature some original 50-year-old infrastructure components not covered by the recent mechanical and cosmetic updates.
About 1561 Riechel
Move-in ready 3-bedroom, 2-bath home with solar in a desirable Atwater location close to schools and shopping. This updated 1,607 sq ft home features both a living room and family room, an updated kitchen with beautiful quartz countertops, and peace-of-mind upgrades including a newer roof, HVAC system and water heater. The home includes two solar systems—one fully owned and one with a low assumable payment, helping keep energy costs down. Located in a nice established neighborhood on a 6,819 sq ft lot, the large backyard offers endless possibilities for entertaining, gardening, or creating your ideal outdoor space. Don’t miss this great opportunity to own a comfortable, energy-efficient home in a convenient Atwater location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 6,819 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,607 | 1,765 | 35% |
| Lot Size | 6,819 | 7,828 | 32% |
| Price | $417.5K | $460.0K | 37% |
| Price per sq ft | $260 | $262 | 48% |
| Built year | 1974 | 1988 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 173 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$417,500
Initial Listing
Sold
Mar 10, 2017
$225,000
Public Record