2125 W Steele Lane, Santa Rosa, CA 95403, Santa Rosa, 95403 - 2 bed, 2 bath
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Santa Rosa, CA 95403
This townhouse presents a High-Potential Investment Opportunity with a List Price of $340,000, which aligns with the current $340,000 Fair Market Value. While the property lacks immediate equity, its Fair Condition Rating (40 years old) provides a clear path for value-add renovations. Featuring a detached one-car garage and a private deck, the unit offers functional utility in a prime location near Coddingtown Mall. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing cosmetic updates to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2125 W Steele Lane Subject | $340,000* List Price | 2 | 2 | 968 | $351 | - |
A 2123 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 extensive renovation needed.
Built in 1984 (40 years old), the property falls into the >30y category. With no mentioned renovations to the kitchen, baths, or major systems (HVAC/Electric), and the use of digitally altered images to mask the actual interior state, the property likely requires a full rehab to meet modern standards.
Ideally situated within walking distance to schools and Coddingtown Mall, offering residents exceptional convenience for shopping, dining, and daily errands.
The owner is highly motivated and relocating out of the area, presenting a strategic opportunity for buyers to potentially negotiate favorable terms.
The inclusion of a detached one-car garage provides secure parking and valuable additional storage space, which is a highly sought-after feature in townhouse living.
The monthly association fee of $540 is significant relative to the listing price, which may impact the overall monthly affordability for budget-conscious buyers.
With under 1,000 square feet of living space for a two-bedroom unit, the interior layout may feel restrictive for those seeking more spacious accommodations.
Conveniently located townhouse within walking distance of schools and walk to the Coddingtown Mall. This townhouse comes with a a detached one car garage and a lot of people use the garage for storage. Owner is motivated and moving out of the area.
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 | $540 | $540 | 50% |
| Days on market | 32 | 138 | 25% |
May 12, 2026
$340,000
Initial Listing
Jan 26, 2018
$200,000
Public Record
Feb 21, 1997
$61,000
Public Record