221 Carey Avenue, Freedom, California 95019, Freedom, 95019 - bed, bath
ACTIVE UNDER CONTRACT$1,199,000
221 Carey Avenue, Freedom, California 95019
0Bed
0Bath
2,184Sqft
10,237Lot
Year Built
1967
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$549
HOA
-
Days on market
144 Days
Sold On
2026-01-06
MLS number
ML82018285
Home ConditionGood
Features
Deck
View-
About this home
We found 3 Cons,5 Pros.
TWO SEPERATE HOMES ON ONE OVER-SIZED LOT! Great income potential, or live in one and rent the other. The upper house consists of three bedrooms and two full baths, newly remodeled kitchen, new flooring, and new paint throughout. Finished basement level includes washer/dryer hookups. Detached, street-level two car garage. Lower house features two bedrooms and one full bath, washer/dryer hookups, carport, and additional paved parking area, plus large deck for outdoor living. Convenient walking distance to shopping, restaurants, and public transportation.
Price History
Date
Event
Price
09/25/25
Price Change
$1,199,000-4.0%
08/15/25
Listing
$1,249,000
Condition Rating
Good
Built in 1967, the property has undergone significant recent cosmetic renovations, particularly in the upper unit which boasts a newly remodeled kitchen with modern white shaker cabinets, quartz countertops, new stainless steel appliances, and contemporary fixtures. Both units feature new flooring (LVP and carpet), fresh paint, and updated bathrooms with modern vanities and lighting. While the cosmetic updates are extensive and make the property move-in ready, the underlying structure's age and the lack of explicit information regarding major system (HVAC, plumbing, electrical, roof) replacements prevent an 'Excellent' rating. The property aligns well with 'Good' as it's move-in ready with recent extensive renovations, though not all components are 'virtually new' due to the original build year.
Pros & Cons
Pros
Income Potential: The property features two separate homes on one oversized lot, offering excellent income potential through rental or the flexibility to live in one unit and rent the other.
Recent Renovations (Upper Unit): The upper house boasts a newly remodeled kitchen, new flooring, and fresh paint throughout, enhancing its appeal and reducing immediate maintenance for a new owner.
Oversized Lot: Situated on an oversized lot (10,237 sqft), the property provides ample space, privacy, and potential for outdoor activities or future enhancements.
Convenient Location: The property offers convenient walking distance to shopping, restaurants, and public transportation, appealing to tenants and owner-occupants seeking accessibility.
Ample Parking & Garages: Each unit benefits from dedicated parking, including a detached two-car garage for the upper house and a carport with additional paved parking for the lower house, a significant advantage for multi-unit properties.
Cons
Extended Market Time & Price Adjustment: With 144 days on the market and a recent price reduction from $1.249M to $1.199M, the property may be facing market resistance or was initially overpriced.
Age of Construction: Built in 1967, the property's age suggests potential for older infrastructure (e.g., plumbing, electrical, roof) that may require future updates, despite recent cosmetic renovations in one unit.
Limited Renovation Scope: While the upper unit has significant cosmetic updates, the description does not specify similar renovations for the lower unit or major system upgrades for either, implying potential for uneven property condition or deferred maintenance.