1737 Cranbrook Court, Lathrop, CA 95330, Lathrop, 95330 - 5 bed, 4 bath
ACTIVE$870,000$3,488/sqft
Est. Value: $879,843
1%
FairlyEstimate
1737 Cranbrook Court, Lathrop, CA 95330
5Beds
4Baths
3,488Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($879,842.99) is $9,842.99 (1%) lower than the list price ($870,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income Potential & Multigenerational Living: Features a separate in-law suite with a kitchenette, washer/dryer, and private entrance, offering excellent potential for rental income or accommodating extended family.
Top Cons:
Unfinished/Unpermitted Repurposed Spaces: The repurposed office and garage studio space are noted as needing 'investors to finish or customize,' implying they may not be fully completed or permitted, requiring additional buyer investment and effort.
Compared to the nearby listings
Price:$870.0K vs avg $645.0K (+$225,000)90%
Size:3,488 sqft vs avg 2,286 sqft94%
Price/sqft:$249 vs avg $29228%
More Insights
Built in 2018 (8 years old).
Condition: This property was built in 2018, making it only 6 years old and well within the 'Excellent' category's 10-year new build criteria. The images confirm a modern, well-maintained interior with an upgraded kitchen featuring granite countertops, stainless steel appliances, and a large island. Bathrooms are contemporary and in pristine condition. Flooring is a mix of modern tile and clean carpet. All systems and finishes appear virtually new, with no signs of deferred maintenance. The in-law suite and California room further enhance its modern appeal and functionality.
Year Built
2018
Close
-
List price
$870K
Original List price
-
Price/Sqft
$249
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82029252
Home ConditionExcellent
Features
Good View:
Patio
View-
About this home
Prime investment opportunity in River Islands! This spacious Van Daele Summer House offers 5 bedrooms, loft, upstairs laundry, and 4.5 bathrooms across 3,488 sq. ft. Features include a separate in-law suite with kitchenette, washer/dryer, and private side entrance, ideal for rental income or multigenerational living. The office and third-car tandem garage have been repurposed as an additional studio space and offer excellent potential for investors to finish or customize for added income possibilities (Pictures not listed). Interior highlights include a whole-house water filtration system, upgraded kitchen with granite countertops, large island, and stainless steel appliances, plus a California room for indoor/outdoor living. Don't miss out!
Y
Yadi Rico Ruiz
Listing Agent
Price History
Date
Event
Price
05/17/22
Sold
$980,000
03/30/18
Sold
$576,000
Condition Rating
Excellent
This property was built in 2018, making it only 6 years old and well within the 'Excellent' category's 10-year new build criteria. The images confirm a modern, well-maintained interior with an upgraded kitchen featuring granite countertops, stainless steel appliances, and a large island. Bathrooms are contemporary and in pristine condition. Flooring is a mix of modern tile and clean carpet. All systems and finishes appear virtually new, with no signs of deferred maintenance. The in-law suite and California room further enhance its modern appeal and functionality.
Pros & Cons
Pros
Income Potential & Multigenerational Living: Features a separate in-law suite with a kitchenette, washer/dryer, and private entrance, offering excellent potential for rental income or accommodating extended family.
Spacious & Modern Layout: Boasts a generous 3,488 sq. ft. with 5 bedrooms, a loft, and 4.5 bathrooms, providing ample space and a functional layout for diverse living needs.
Contemporary Construction & Upgrades: Built in 2018, the home includes modern amenities such as an upgraded kitchen with granite countertops, a large island, stainless steel appliances, and a whole-house water filtration system.
Indoor/Outdoor Living Integration: The inclusion of a California room enhances the living experience by seamlessly blending indoor comfort with outdoor enjoyment, a highly desirable feature.
Investment Flexibility: Beyond the in-law suite, the repurposed office and third-car tandem garage offer additional studio space with potential for investors to finish or customize for added income possibilities.
Cons
Unfinished/Unpermitted Repurposed Spaces: The repurposed office and garage studio space are noted as needing 'investors to finish or customize,' implying they may not be fully completed or permitted, requiring additional buyer investment and effort.
Recent Price Reduction: The property has undergone a recent price reduction from $890,000 to $870,000, which could signal to buyers that the property may have been overpriced or is struggling to attract offers.
Lack of Visuals for Key Areas: The description explicitly states 'Pictures not listed' for the repurposed studio space, creating uncertainty for potential buyers regarding its current condition and appeal, which could deter interest.