2037 Sierra Rd 2, Concord, California 94518, Concord, 94518 - 3 bed, 2 bath
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2037 Sierra Rd 2
Concord, California 94518
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,099Sq Ft
1,289Lot Size
Property Price
LIST PRICE$398,000
EST. MARKET VALUE
$397,206
SUMMARY
This 3-bedroom, 3-bathroom condominium represents a Strong Value Opportunity, listed at a List Price of $398,000—positioned well below the $397,206 Fair Market Value (effectively at market parity). Featuring a Condition Rating of 3, the unit offers a move-in ready interior with modern stone countertops and updated flooring. While the school ratings are modest, the rare 3-bath configuration and private patio provide significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, functional entry point into the Bay Area market.
Estimated Market Value
$397,206
Based on Realkey algorithm analyzing recent comparable sales in Concord.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2037 Sierra Rd 2 Subject 3 bd · 2 ba · 1,099 sqft · $361 | $398,000* List Price | 3 | 2 | 1,099 | $361 | - |
A 1073 Mohr Ln C Sold 2 bd · 2 ba · 1,088 sqft · $299 · 0.8 mi | $325,000 | 2 | 2 | 1,088 | $299 | 0.8 mi |
B 1091 Mohr Lane C Sold 3 bd · 2 ba · 1,039 sqft · $356 · 0.9 mi | $370,000 | 3 | 2 | 1,039 | $356 | 0.9 mi |
C 1013 Mohr Ln 2 Sold 2 bd · 2 ba · 877 sqft · $376 · 0.9 mi | $330,000 | 2 | 2 | 877 | $376 | 0.9 mi |
D 2055 Sierra Rd 106 Sold 2 bd · 2 ba · 1,218 sqft · $313 · 0.1 mi | $381,000 | 2 | 2 | 1,218 | $313 | 0.1 mi |
E 1044 Mohr Ln D Sold 2 bd · 1 ba · 854 sqft · $369 · 0.8 mi | $315,000 | 2 | 1 | 854 | $369 | 0.8 mi |
F 2035 Sierra Rd 4 Pending 2 bd · 2 ba · 904 sqft · $331 · 0.0 mi | $299,000 List Price | 2 | 2 | 904 | $331 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1965, the interior shows clear signs of a mid-term renovation (likely 5-15 years ago) including stone countertops, stainless steel appliances, and updated laminate flooring. The unit is well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced under $400,000 for a 3-bedroom unit in the Bay Area, this property represents a highly competitive entry point for first-time homebuyers or investors seeking rental income.
- Superior Bed-to-Bath Ratio
The rare 3-bedroom, 3-bathroom configuration provides significant convenience and privacy, offering a competitive edge over standard 2-bathroom units in the same price bracket.
- Efficient Layout
The 1,099 square foot floor plan is thoughtfully designed to maximize utility, providing a functional living space that is both manageable and easy to maintain.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1289, other record lot size in square feet = 441.
- High Monthly Carrying Costs
The $582 monthly association fee is relatively high compared to the listing price, which may impact the debt-to-income ratio and overall affordability for budget-conscious buyers.
- Low School Ratings
The assigned elementary and middle schools currently hold low ratings (2/10), which could be a deterrent for families and potentially affect long-term property appreciation.
About 2037 Sierra Rd 2
Exceptional opportunity in Concord. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 1,289 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $582.0 / Month
Neighborhood Insights
Concord Unified Schools
Ygnacio Valley Elementary School
Grades K-5 • 0.5 mi
2/10
Oak Grove Middle School
Grades 6-8 • 1.0 mi
2/10
Ygnacio Valley High School
Grades 9-12 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.9 |
| Baths | 2.0 | 1.2 |
| Square foot | 1,099 | 866.37 |
| Lot Size | 1,289 | 709.188 |
| Price | $398.0K | $313.0K |
| Price per sq ft | $362 | $368 |
| Built year | 1965 | 1978 |
| HOA | $582.0 | $522 |
| Days on market | 21 | 62 |
Pricing History
Listed for Sale
Oct 3, 2026
$398,000
Initial Listing
Sold
Apr 26, 2011
$105,000
Public Record
Sold
Dec 1, 2005
$359,000
Public Record
Sold
Jun 11, 2004
$275,000
Public Record
Sold
May 31, 1996
$77,500
Public Record