2625 Crestmore Circle, Stockton, CA 95206, Stockton, 95206 - 3 bed, 2 bath

2625 Crestmore Circle, Stockton, CA 95206 home-pic-0
ACTIVE$540,000$1,661/sqft
Est. Value: $536,112
%
FairlyEstimate
2625 Crestmore Circle, Stockton, CA 95206
3Beds
2Baths
1,661Sqft
6,416Lot

Price Vs. Estimate

The estimated value ($536,111.88) is $3,888.12 (0%) lower than the list price ($540,000). This property may be overpriced.

Key pros and cons

Top Pros:
Assumable FHA Loan: The property offers a highly attractive assumable FHA loan at just 2.75%, providing a significant financial advantage in the current interest rate market.
Top Cons:
Solar Panel Contract Obligation: While owned, the solar panels are subject to a 'remaining term contract,' which could imply ongoing financial obligations or transfer complexities for the new owner.

Compared to the nearby listings

Price:$540.0K vs avg $405.0K (+$135,000)91%
Size:1,661 sqft vs avg 1,557 sqft57%
Price/sqft:$325 vs avg $24587%

More Insights

Built in 2002 (24 years old).
Condition: This home, built in 2002, is in good, move-in ready condition. It features updated laminate and tile flooring throughout, and the kitchen boasts modern stainless steel appliances. While the kitchen cabinets and tile countertops, along with the bathroom vanities, reflect a more traditional and somewhat dated style, they appear well-maintained and functional. The bathrooms have also seen some updates, including newer flooring and light fixtures. The property does not require immediate renovations, aligning with the 'Good' criteria for a well-maintained home with some updated components.
Year Built
2002
Close
-
List price
$540K
Original List price
-
Price/Sqft
$325
HOA
$0
Days on market
-
Sold On
-
MLS number
225028120
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Assume This FHA Loan at Just 2.75% - A Golden Opportunity in Today's Market! Take advantage of this incredible opportunity. This move-in-ready 3-bedroom, 2-bathroom home in the well-established Weston Ranch community offers an open and bright floor plan with stylish laminate and tile flooring throughout. Owned solar panels included (subject to a remaining term contract). Enjoy scenic walking trails leading to Paul E. Weston Park, the community's recreational hub. With Highway 5 just minutes away, commuting is a breeze! Whether you're a first-time homebuyer or looking to downsize, this single-story home is a fantastic find. Don't miss outschedule your private tour today!

N
Narendar Harikrishnan
Listing Agent

Nearby schools

4/10
George Y. Komure Elementary School
Public,K-80.7mi
4/10
August Knodt Elementary School
Public,K-81.1mi
4/10
Great Valley Elementary School
Public,K-81.6mi
5/10
Weston Ranch High School
Public,9-121.1mi

Price History

Date
Event
Price
08/04/21
Sold
$490,500
05/26/15
Sold
$245,000
04/15/05
Sold
$407,000
09/25/02
Sold
$221,000
Condition Rating
Good

This home, built in 2002, is in good, move-in ready condition. It features updated laminate and tile flooring throughout, and the kitchen boasts modern stainless steel appliances. While the kitchen cabinets and tile countertops, along with the bathroom vanities, reflect a more traditional and somewhat dated style, they appear well-maintained and functional. The bathrooms have also seen some updates, including newer flooring and light fixtures. The property does not require immediate renovations, aligning with the 'Good' criteria for a well-maintained home with some updated components.
Pros & Cons

Pros

Assumable FHA Loan: The property offers a highly attractive assumable FHA loan at just 2.75%, providing a significant financial advantage in the current interest rate market.
Move-in Ready Condition: This 3-bedroom, 2-bathroom home is described as 'move-in ready,' appealing to buyers seeking immediate occupancy without the need for extensive initial renovations.
Owned Solar Panels: The inclusion of owned solar panels offers potential long-term energy cost savings and environmental benefits, enhancing the property's value proposition.
Desirable Community & Amenities: Located in the well-established Weston Ranch community, the home benefits from scenic walking trails leading to Paul E. Weston Park, a recreational hub.
Excellent Commuter Access: Its proximity to Highway 5 ensures commuting is a breeze, a key factor for many potential homeowners in Stockton.

Cons

Solar Panel Contract Obligation: While owned, the solar panels are subject to a 'remaining term contract,' which could imply ongoing financial obligations or transfer complexities for the new owner.
Limited Specific Updates: Beyond stylish laminate and tile flooring, the description does not detail recent upgrades or renovations to key areas like the kitchen or bathrooms, which might be expected in a 2002-built home.
Lack of Major System Details: The listing provides no information regarding the condition or age of major systems such as HVAC, roof, or appliances, which could represent potential future expenses for a buyer.
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