
Santa Rosa, CA 95403
This Move-In Ready PUD Townhouse is listed at $340,000, aligning closely with its $336,622 Fair Market Value. As a rare FHA-eligible PUD, this property offers a significant financing advantage over typical area condos. The home holds a Condition Rating of 3, featuring new wide-plank flooring, fresh interior paint, and a private deck. Its strategic location just one block from the SMART train and Coddingtown Mall ensures high rental demand and commuter convenience. This versatile asset is an ideal entry point for first-time buyers or portfolio investors seeking a low-maintenance, 1031-exchange-friendly property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2123 W Steele Lane Subject | $340,000* List Price | 2 | 2 | 968 | $348 | - |
A 2791 Mcbride Lane 148 Sold | $400,000 | 2 | 2 | 1,158 | $345 | 0.6 mi |
B 2125 W Steele Lane Active | $340,000 List Price | 2 | 2 | 968 | $351 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent cosmetic improvements, including brand-new wide-plank flooring and fresh interior paint throughout. While the kitchen and bathrooms retain some dated features such as patterned floor tile and older cabinetry, the overall condition is well-maintained, clean, and requires no immediate renovation for occupancy.
As a PUD rather than a traditional condo, this property qualifies for FHA financing programs, providing a rare and significant advantage for first-time homebuyers in the Santa Rosa market.
The property is ideally situated just one block from the SMART train station and within walking distance to Coddingtown Mall, offering exceptional convenience for commuters and access to local amenities.
This desirable end-unit features only one shared wall and comes with fresh interior paint and brand-new flooring, offering a move-in-ready experience with more privacy than standard units.
The $518 monthly association fee is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With under 1,000 square feet of living area and only 1.5 bathrooms, the compact footprint may be a constraint for growing families or those requiring more spacious accommodations.
Exceptional FHA-eligible PUD opportunity in one of Santa Rosa's most desirable neighborhoods! This beautifully updated 2-bedroom, 1.5-bath end unit offers the financing advantages of a PUD (FHA programs available) that typical condos in the area simply can't provide. The end unit position means only one shared side wall, giving you the privacy of a standalone home with the ease of condo living and the rare FHA-eligible PUD status makes it accessible to more buyers than nearly anything else on the market. Fresh interior paint and brand new flooring throughout create a genuinely move-in ready space. Add in your own detached one-car garage and you have a package that's hard to find at this price point. The HOA delivers exceptional value, covering trash, roof maintenance, professional grounds care, gutter maintenance, and crucially insurance, a significant advantage in California's current challenging market. Location is unbeatable: just 1 block from the SMART train station, walking distance to Coddingtown Mall, close to Snoopy's Home Ice and the Children's Museum, and minutes to Highway 101. Investment opportunity: the seller owns multiple units in the complex and can work with 1031 exchange buyers. With a Gross Income Multiplier of .07+, this FHA-eligible PUD checks every box for both owner-occupants and portfolio investors. Don't let this rare financing-flexible opportunity pass you by!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 968 | 1,142.5 | 25% |
| Lot Size | 945 | 1,520.5 | 25% |
| Price | $340.0K | $425.0K | 25% |
| Price per sq ft | $351 | $369 | 50% |
| Built year | 1984 | 1991 | 50% |
| HOA | $518 | $529 | 50% |
| Days on market | 86 | 92 | 50% |
Jan 26, 2026
$340,000
Initial Listing
Apr 24, 2009
$89,000
Public Record
Jun 1, 2005
$254,000
Public Record
Feb 1, 2002
$38,000
Public Record
Oct 29, 1999
$87,500
Public Record