2 King Place, Woodland, CA 95695, Woodland, 95695 - 4 bed, 3 bath
ACTIVE$565,000$1,973/sqft
Est. Value: $547,965
-3%
AboveEstimate
2 King Place, Woodland, CA 95695
4Beds
3Baths
1,973Sqft
6,242Lot
Price Vs. Estimate
The estimated value ($547,964.535) is $17,035.465 (3%) lower than the list price ($565,000). This property may be overpriced.
Key pros and cons
Top Pros:
Assumable Loan: The property features an assumable loan with a below-market interest rate, offering a significant financial advantage for qualified buyers in the current market.
Top Cons:
Potential for Dated Systems: Built in 1988, the property may have original major systems (e.g., HVAC, plumbing, roof) or finishes in areas beyond the fresh paint, which could require future maintenance or upgrades.
Compared to the nearby listings
Price:$565.0K vs avg $499.0K (+$66,000)70%
Size:1,973 sqft vs avg 1,521 sqft69%
Price/sqft:$286 vs avg $31642%
More Insights
Built in 1988 (38 years old).
Condition: Built in 1988, the home has received fresh interior paint and some updated flooring (laminate) and kitchen appliances (stainless steel). The master bathroom shower has also been updated with a modern system. However, the kitchen cabinets and countertops are dated, as are the secondary bathroom vanity and fixtures. Some light fixtures and the carpet also show their age. While well-maintained and functional, it requires minor updates to key areas to meet current aesthetic standards.
Year Built
1988
Close
-
List price
$565K
Original List price
-
Price/Sqft
$286
HOA
$0
Days on market
-
Sold On
-
MLS number
225122575
Home ConditionFair
Features
Good View:
Patio
View-
About this home
This charming home sits on a desirable corner lot and offers comfort, convenience, and value. Inside, you'll find fresh interior paint throughout, creating a light and inviting atmosphere that's ready for your personal touch. The layout provides both functionality and flexibility, perfect for everyday living and entertaining. Not to mention Tesla solar panels! A standout feature of this property has an assumable loan. An incredible opportunity for qualified buyers to step into home ownership with a below-market interest rate. Don't miss your chance to make this beautifully refreshed home yours. Schedule a showing today!
B
Brandi Roberts
Listing Agent
Price History
Date
Event
Price
02/18/21
Sold
$454,000
09/28/15
Sold
$332,500
Condition Rating
Fair
Built in 1988, the home has received fresh interior paint and some updated flooring (laminate) and kitchen appliances (stainless steel). The master bathroom shower has also been updated with a modern system. However, the kitchen cabinets and countertops are dated, as are the secondary bathroom vanity and fixtures. Some light fixtures and the carpet also show their age. While well-maintained and functional, it requires minor updates to key areas to meet current aesthetic standards.
Pros & Cons
Pros
Assumable Loan: The property features an assumable loan with a below-market interest rate, offering a significant financial advantage for qualified buyers in the current market.
Tesla Solar Panels: Equipped with Tesla solar panels, the home benefits from reduced energy costs and increased energy efficiency, appealing to environmentally conscious buyers.
Desirable Corner Lot: Situated on a desirable corner lot, the property likely offers enhanced privacy, more natural light, and potentially greater curb appeal.
Move-in Ready Interior: The home boasts fresh interior paint throughout, creating a light, inviting atmosphere that allows for immediate occupancy without major cosmetic updates.
No Homeowners Association (HOA) Fees: The absence of HOA fees eliminates recurring monthly expenses, providing greater financial flexibility for the homeowner.
Cons
Potential for Dated Systems: Built in 1988, the property may have original major systems (e.g., HVAC, plumbing, roof) or finishes in areas beyond the fresh paint, which could require future maintenance or upgrades.
Recent Price Reduction: A recent price drop from $569,000 to $565,000 could indicate initial overpricing or a slower market response, potentially raising questions about its perceived value.
Lack of Specific Modern Renovations: While freshly painted, the description does not detail significant modern renovations to key areas like kitchens or bathrooms, which buyers often seek in homes of this vintage.