2125 W Steele Lane, Santa Rosa, CA 95403, Santa Rosa, 95403 - 2 bed, 2 bath

2125 W Steele Lane
Santa Rosa, CA 95403
Property Price
SUMMARY
Analysis of 2125 W Steele Lane, Santa Rosa, CA 95403 is currently available with a list price of $340,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Rosa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and benefits from several recent high-impact updates, including fresh interior paint, new flooring and carpeting throughout, and a brand-new heater. While the 1984 build date and original kitchen/bathroom layouts suggest some aged components, the recent maintenance and cosmetic refreshes eliminate immediate renovation needs, meeting the criteria for a well-maintained, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- FHA Financing Eligibility
As a PUD rather than a traditional condo, this property is FHA-eligible, offering rare financing flexibility and lower down payment options for first-time homebuyers in the Santa Rosa market.
- Prime Transit-Oriented Location
Situated just one block from the SMART train station and minutes from Highway 101 and Coddingtown Mall, the property offers exceptional convenience for commuters and easy access to local amenities.
- Move-In Ready Updates
The unit features several recent capital improvements, including fresh interior paint, new flooring and carpet throughout, and a brand-new heater, minimizing immediate maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $518 monthly association fee is relatively high compared to the listing price, which may impact the debt-to-income ratio and overall affordability for some buyers.
- Compact Living Space
With under 1,000 square feet of living area and only 1.5 bathrooms, the property's size may be a limiting factor for growing families or those requiring a second full bath.
About 2125 W Steele Lane
Exceptional FHA-eligible PUD opportunity in one of Santa Rosa's most desirable neighborhoods! This move-in ready 2-bedroom, 1.5-bath end unit offers the financing advantages of a PUD (FHA programs available) that typical condos in the area can't provide. The privacy-focused orientation overlooks the tranquil greenbelt, creating a serene setting with only one shared wall. Recent updates include fresh interior paint, new flooring and carpet throughout, plus a brand new heater. The primary bedroom features its own private balcony - perfect for morning coffee or evening relaxation. Additional convenience comes with your attached one-car garage. The HOA fee provides exceptional value, covering trash service, roof maintenance, professional grounds care, gutter maintenance, and crucially - insurance (a significant advantage in California's current insurance climate). Prime location advantages: 1 block to SMART train station, walking distance to Coddingtown Mall, close to Snoopy's Home Ice and the Children's Museum, with quick access to Highway 101. Investment note: Seller owns multiple units in the complex and can work with 1031 exchange buyers. Strong rental potential with a Gross Income Multiplier of .07+, making this an excellent portfolio addition. This is your opportunity to own in a highly convenient Santa Rosa location with rare FHA financing flexibility!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- 945 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $518 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 968 | 1,008 | 40% |
| Lot Size | 945 | 1,406.99 | 20% |
| Price | $340.0K | $389.0K | 40% |
| Price per sq ft | $351 | $351 | 50% |
| Built year | 1984 | 1984 | 50% |
| HOA | $518 | $518 | 50% |
| Days on market | 36 | 241 | 20% |
Pricing History
Listed for Sale
Jan 30, 2026
$340,000
Initial Listing
Sold
Jan 26, 2018
$200,000
Public Record
Sold
Feb 21, 1997
$61,000
Public Record





























