2019 S Olive Avenue, Stockton, CA 95215, Stockton, 95215 - 3 bed, 2 bath
ACTIVE$370,000$1,364/sqft
Est. Value: $304,989
-17%
AboveEstimate
2019 S Olive Avenue, Stockton, CA 95215
3Beds
2Baths
1,364Sqft
8,899Lot
Price Vs. Estimate
The estimated value ($304,988.725) is $65,011.275 (17%) lower than the list price ($370,000). 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 = 8899, living area = 1364.
Top Cons:
Needs Significant Renovation: The property is explicitly marketed as needing tools and work to 'make it shine,' indicating a requirement for substantial renovation and investment.
Compared to the nearby listings
Price:$370.0K vs avg $390.0K ($-20,000)46%
Size:1,364 sqft vs avg 1,169.5 sqft59%
Price/sqft:$271 vs avg $30043%
More Insights
Built in 1973 (53 years old).
Condition: Built in 1973, this property is 51 years old. The listing explicitly states, 'Bring your tools and make this property shine' and 'Needs Significant Renovation,' indicating substantial repairs and rehabilitation are required. While it has an owned solar system and a 7-year-old roof, the overall 'Aging Infrastructure/Design' suggests that major interior components, including the kitchen and bathrooms, are likely severely outdated and in poor condition, requiring full modernization.
Year Built
1973
Close
-
List price
$370K
Original List price
-
Price/Sqft
$271
HOA
$0
Days on market
-
Sold On
-
MLS number
225130254
Home ConditionPoor
Features
View-
About this home
Bring your tools and make this property shine.Property has large lot with a large room outside. Property has solar that is owned and roof is 7 years old with transferrable warranty
A
Antonio Torres
Listing Agent
Nearby schools
3/10
Montezuma Elementary School
Public,•K-8•0.6mi
2/10
Wilhelmina Henry Elementary School
Public,•K-8•0.9mi
3/10
Elmwood Elementary School
Public,•K-8•1.3mi
5/10
Franklin High School
Public,•6-12•2.1mi
Price History
Date
Event
Price
04/10/96
Sold
$93,000
08/09/95
Sold
$75,000
Condition Rating
Poor
Built in 1973, this property is 51 years old. The listing explicitly states, 'Bring your tools and make this property shine' and 'Needs Significant Renovation,' indicating substantial repairs and rehabilitation are required. While it has an owned solar system and a 7-year-old roof, the overall 'Aging Infrastructure/Design' suggests that major interior components, including the kitchen and bathrooms, are likely severely outdated and in poor condition, requiring full modernization.
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 = 8899, living area = 1364.
Owned Solar System: The property benefits from an owned solar system, offering significant energy cost savings and environmental advantages for the new homeowner.
Newer Roof with Warranty: A 7-year-old roof with a transferable warranty provides long-term peace of mind and reduces immediate capital expenditure for the buyer.
Spacious Lot: The generous 8,899 sqft lot offers ample outdoor space for landscaping, recreation, or potential future expansion possibilities.
Versatile Outdoor Structure: The presence of a 'large room outside' provides flexible space, potentially for a home office, studio, or even an ADU, adding functional value.
No Homeowners Association (HOA) Fees: The absence of HOA fees contributes to lower monthly ownership costs and fewer restrictive covenants.
Cons
Needs Significant Renovation: The property is explicitly marketed as needing tools and work to 'make it shine,' indicating a requirement for substantial renovation and investment.
Recent Price Reduction: A recent price drop from $399,000 to $370,000 may signal market resistance or a need for a more competitive valuation.
Aging Infrastructure/Design: Built in 1973, the home's age suggests potential for outdated systems, finishes, and design elements that may require modernization.