
Lodi, CA 95240
This property presents a Strong Value Opportunity with a List Price of $314,000—positioned well below the $315,500 Fair Market Value by 0.48%. This valuation gap offers $1,500 in Instant Equity. Featuring a new roof and attached garage, the home maintains a Fair Condition Rating with original finishes that invite cosmetic value-add potential. While school ratings are modest, the community amenities, including a pool and spa, enhance rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2250 Scarborough Drive #34 Subject | $314,000* List Price | 2 | 3 | 1,092 | $289 | - |
A 2250 Scarborough Dr 18 Pending | $319,000 List Price | 2 | 3 | 1,092 | $292 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1991 (33 years old), placing it in the 'Fair' to 'Poor' age bracket. While it is well-maintained with a new roof and updated laminate flooring, the kitchen and bathrooms are dated, featuring original oak cabinetry, fluorescent light boxes, and white tile countertops. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
The property features a brand-new roof, providing significant value and reducing the likelihood of immediate maintenance issues or special assessments for the new owner.
The inclusion of an attached single-car garage and a convenient half-bath on the main level offers a level of privacy and utility often missing in standard two-bedroom condominiums.
Residents enjoy easy access to a community pool and hot tub, complemented by ample guest parking, which enhances the lifestyle appeal and rental potential.
The assigned elementary and middle schools have low ratings (2/10 and 4/10 respectively), which may deter families and impact the property's long-term appreciation.
The $357 monthly association fee is relatively high for this price point, impacting overall affordability and reducing the net yield for potential investors.
Welcome to this inviting 2-bedroom, 2.5-bathroom condominium offering comfort, convenience, and a low-maintenance lifestyle. The spacious floor plan features bright living spaces, an attached single-car garage, new roof, generously sized bedrooms, and the added convenience of a half bath on the main level for guests. Step outside and enjoy the community amenities, with the pool and hot tub located just a short distance from the condo perfect for relaxing or cooling off on warm California days. The community also offers ample parking for residents and guests, making everyday living easy. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this well-maintained condo offers a fantastic combination of comfort, convenience, and desirable community amenities in a great location.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 7-8 • 1.2 mi
Grades 7-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 1.5 |
| Square foot | 1,092 | 923.667 |
| Lot Size | - | 664.167 |
| Price | $314.0K | $286.1K |
| Price per sq ft | $288 | $295 |
| Built year | 1991 | 1984 |
| HOA | $357 | $422 |
| Days on market | 41 | 119 |
Jul 30, 2026
$314,000
Initial Listing