2125 W Steele Lane, Santa Rosa, CA 95403, Santa Rosa, 95403 - 2 bed, 2 bath
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Santa Rosa, CA 95403
This Move-In Ready PUD Townhouse is listed at $340,000, representing a stable entry at its $336,622 Fair Market Value. The property holds a Condition Rating of 3, featuring new wide-plank flooring, fresh interior paint, and a brand-new heating system. As a rare FHA-eligible PUD, it offers financing flexibility that typical area condos lack, complemented by a forested greenbelt view and a private deck. Located one block from the SMART train station, this home ensures high connectivity and rental demand. It is perfectly suited for first-time buyers or portfolio investors.
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 | $348 | - |
A 2791 Mcbride Lane 148 Sold | $400,000 | 2 | 2 | 1,158 | $345 | 0.6 mi |
B 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 move-in ready.
The property is move-in ready and features significant recent updates including fresh interior paint, new flooring and carpet throughout, and a brand-new heating system. While the kitchen and bathrooms retain some dated elements like original-style oak cabinetry and laminate countertops, the overall condition is well-maintained with no immediate renovations required, meeting the criteria for a turnkey home.
As a PUD rather than a traditional condo, this property qualifies for FHA financing programs, providing a rare and accessible entry point for first-time homebuyers in the Santa Rosa market.
The property is exceptionally well-located for commuters, situated just one block from the SMART train station and offering immediate access to Highway 101 and Coddingtown Mall.
The unit is move-in ready with significant recent improvements, including fresh interior paint, new flooring and carpet throughout, and a brand-new heating system.
At $518 per month, the association dues are relatively high for this price point, which may impact overall affordability and debt-to-income ratios for some buyers.
With only 1.5 bathrooms, the lack of a second full bath may be a disadvantage for small families or those looking for a more functional roommate-style layout.
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 detached 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!
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 | 82 | 90 | 50% |
Jan 30, 2026
$340,000
Initial Listing
Jan 26, 2018
$200,000
Public Record
Feb 21, 1997
$61,000
Public Record