This property presents a High-Potential Investment Opportunity with a List Price of $339,000—positioned above the $278,914 Fair Market Value. While the pricing reflects a premium, the unit offers a Poor Condition Rating, signaling significant value-add potential through modernization. Located in the prestigious Lincoln Unified School District, this 3-bedroom, 2-bath condo features a rare two-car attached garage and a private enclosed patio. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of executing strategic interior renovations to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1631 W Swain Road Subject | $339,000* List Price | 2 | 2 | 1,524 | $183 | - |
A 5013 Gadwall Circle Sold | $319,300 | 2 | 3 | 1,796 | $178 | 0.9 mi |
B 1447 W Swain Road Active | $340,000 List Price | 2 | 2 | 1,441 | $236 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1985, making it 41 years old. The listing description lacks any mention of recent renovations or updates to the kitchen, bathrooms, or HVAC/electrical systems. Based on the provided criteria for properties over 30 years old without documented renovations, it is classified as poor condition as it likely requires significant updates or rehab to meet modern standards.
As a desirable lower-end unit, this property offers superior accessibility and increased privacy compared to interior or upper-level units within the complex.
The inclusion of a two-car attached garage is a rare and highly sought-after feature for a condominium, providing secure parking and significant additional storage.
Located within the prestigious Lincoln Unified School District, the property holds strong appeal for families and maintains excellent long-term resale value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1860, other record lot size in square feet = 68780.
The $600 monthly association fee is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1985, the unit may require interior cosmetic updates or system upgrades to compete with more modern residential offerings in the area.
Welcome to Victorian village located in Lincoln unified school district. A quaint community offering a park like setting with clubhouse and swimming pools. This desirable limited lower end unit provides 3 bedrooms and 2 full bathrooms. Guest bathroom has access to one of the bedrooms, front enclosed patio plenty of room for a garden or seating area. A two car attached garage. Also conveniently located close to freeway, schools, variety of shopping centers and transportation services
No exterior & parking available.
Grades 7-8 • 0.6 mi
Grades K-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,524 | - |
| Lot Size | 1,860 | - |
| Price | $339.0K | $221.5K |
| Price per sq ft | $222 | $215 |
| Built year | 1985 | 0 |
| HOA | $600 | $0 |
| Days on market | 2 | 57 |
Jul 21, 2026
$339,000
Initial Listing