1873 Clover Lane, Stockton, CA 95206, Stockton, 95206 - 2 bed, 1 bath
ACTIVE$248,777$824/sqft
Est. Value: $235,945
-5%
AboveEstimate
1873 Clover Lane, Stockton, CA 95206
2Beds
1Bath
824Sqft
8,198Lot
Price Vs. Estimate
The estimated value ($235,945.25) is $12,831.75 (5%) lower than the list price ($248,777). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8198, living area = 824.
Top Cons:
Extensive Renovation Required: As a 'fixer upper,' the property will require substantial and potentially costly renovations beyond cosmetic updates, which may deter buyers seeking a move-in ready home.
Compared to the nearby listings
Price:$248.8K vs avg $399.0K ($-150,223)25%
Size:824 sqft vs avg 1,529 sqft9%
Price/sqft:$302 vs avg $24576%
More Insights
Built in 1955 (71 years old).
Condition: Built in 1955, this property is explicitly described as a 'Great fixer upper' and requires substantial repairs and rehabilitation. While it boasts a new roof, the interior images reveal heavily worn painted wood flooring, peeling paint on walls and ceilings, and outdated fixtures. The kitchen features old, worn cabinets, laminate countertops, and vintage appliances, indicating a complete renovation is needed. Cooling is via window AC units, and heating is an old wall unit. The overall condition suggests significant investment is required to bring it to modern living standards.
Year Built
1955
Close
-
List price
$249K
Original List price
-
Price/Sqft
$302
HOA
$0
Days on market
-
Sold On
-
MLS number
226000833
Home ConditionPoor
Features
View-
About this home
Great fixer upper with a new roof and a huge lot to build another house in the back
J
Jesus Sandoval
Listing Agent
Price History
Date
Event
Price
07/27/12
Sold
$29,000
Condition Rating
Poor
Built in 1955, this property is explicitly described as a 'Great fixer upper' and requires substantial repairs and rehabilitation. While it boasts a new roof, the interior images reveal heavily worn painted wood flooring, peeling paint on walls and ceilings, and outdated fixtures. The kitchen features old, worn cabinets, laminate countertops, and vintage appliances, indicating a complete renovation is needed. Cooling is via window AC units, and heating is an old wall unit. The overall condition suggests significant investment is required to bring it to modern living standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8198, living area = 824.
Significant Development Potential: The property boasts a 'huge lot to build another house in the back' (8198 sqft), offering substantial future value, potential for additional income, or expansion opportunities.
Recent Major Capital Improvement: A 'new roof' has already been installed, eliminating a significant immediate expense and providing peace of mind for the new owner regarding a critical structural component.
Investment & Value-Add Opportunity: Described as a 'Great fixer upper,' this property is ideal for investors or buyers looking to build equity through renovation and customization to their taste.
No Homeowners Association (HOA) Fees: The absence of an association fee (`association_fee: "0"`) significantly reduces ongoing monthly ownership costs, making it a more financially attractive option.
Accessible Price Point: Listed at $248,777, this property offers a relatively affordable entry into the Stockton real estate market, especially considering its development potential.
Cons
Extensive Renovation Required: As a 'fixer upper,' the property will require substantial and potentially costly renovations beyond cosmetic updates, which may deter buyers seeking a move-in ready home.
Outdated Systems and Finishes: Built in 1955, the home likely features original or aging electrical, plumbing, and HVAC systems, along with outdated interior finishes, necessitating significant modernization efforts.
Limited Interior Living Space: With only 824 sqft, 2 bedrooms, and 1 bathroom, the interior living space is relatively small and may not accommodate larger households or those desiring more spacious and modern amenities.