230 Elm Street, Woodland, CA 95695, Woodland, 95695 - 2 bed, 2 bath

230 Elm Street, Woodland, CA 95695 home-pic-0
ACTIVE$499,000$1,369/sqft
Est. Value: $569,748
14%
BelowEstimate
230 Elm Street, Woodland, CA 95695
2Beds
2Baths
1,369Sqft
11,038Lot

Price Vs. Estimate

The estimated value ($569,748.465) is $70,748.465 (14%) higher than the list price ($499,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11038, living area = 1369.
Top Cons:
Age of Property: Built in 1927, the home's age suggests potential for outdated systems and a need for significant renovations or updates to meet modern standards.

Compared to the nearby listings

Price:$499.0K vs avg $499.0K (+$0)50%
Size:1,369 sqft vs avg 1,513 sqft41%
Price/sqft:$364 vs avg $31766%

More Insights

Built in 1927 (99 years old).
Condition: Built in 1927, this property is nearly 100 years old with no mention of significant renovations. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas, along with major systems (electrical, plumbing, HVAC), are severely outdated and require substantial rehabilitation. The listing's emphasis on the large lot and redevelopment potential further indicates that the existing structure is not a primary selling point in its current condition.
Year Built
1927
Close
-
List price
$499K
Original List price
-
Price/Sqft
$364
HOA
$0
Days on market
-
Sold On
-
MLS number
225153501
Home ConditionPoor
Features
View-

About this home

Located on a generous 11,038 sq. ft. lot, 203 Elm Street offers a unique opportunity in the heart of Woodland. This charming 1927-built single-family residence features approximately 1,361 sq. ft. of living space with 2 bedrooms and 2 bathrooms. The home includes a detached two-car garage, ample outdoor space, and paved parking, providing flexibility for a variety of potential uses. An excellent opportunity for investors, this tenant-occupied property provides immediate rental income and future flexibility. City of Woodland records indicate the property is zoned DX-3, which may offer potential for redevelopment or alternate uses; buyers should verify all zoning details and development possibilities with the City of Woodland. Situated on an oversized lot with room to expand, reimagine, or simply enjoy, this centrally located property offers convenient access to downtown Woodland, shopping, dining, and commuter routes. A rare opportunity to own a sizable parcel with versatility and long-term potential.

J
Jeremy Giovannetti
Listing Agent
Condition Rating
Poor

Built in 1927, this property is nearly 100 years old with no mention of significant renovations. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas, along with major systems (electrical, plumbing, HVAC), are severely outdated and require substantial rehabilitation. The listing's emphasis on the large lot and redevelopment potential further indicates that the existing structure is not a primary selling point in its current condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11038, living area = 1369.
Large Lot & Development Potential: Generous 11,038 sq. ft. lot with DX-3 zoning offers significant room for expansion, reimagining, or potential redevelopment.
Immediate Rental Income: Tenant-occupied status provides immediate rental income, making it an attractive investment opportunity with built-in cash flow.
Prime Central Location: Centrally located with convenient access to downtown Woodland, shopping, dining, and major commuter routes, enhancing desirability.
Detached Garage & Ample Parking: Features a detached two-car garage, ample outdoor space, and paved parking, adding practical utility and value.
Long-Term Versatility: The combination of an oversized parcel, flexible zoning, and central location offers substantial long-term potential for diverse uses and appreciation.

Cons

Age of Property: Built in 1927, the home's age suggests potential for outdated systems and a need for significant renovations or updates to meet modern standards.
Tenant Occupancy Challenges: Being tenant-occupied may complicate immediate owner-occupancy, property showings, or require careful lease negotiation for new buyers.
Zoning Verification Required: Buyers must independently verify all zoning details and development possibilities with the City of Woodland, indicating a necessary due diligence effort and potential uncertainty.
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