2751 Macabee Drive, Lathrop, CA 95330, Lathrop, 95330 - 4 bed, 3 bath

2751 Macabee Drive, Lathrop, CA 95330 home-pic-0
ACTIVE$780,000$2,817/sqft
Est. Value: $785,080
%
FairlyEstimate
2751 Macabee Drive, Lathrop, CA 95330
4Beds
3Baths
2,817Sqft
5,049Lot

Price Vs. Estimate

The estimated value ($785,079.74) is $5,079.74 (0%) lower than the list price ($780,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Extensive Upgrades: Built in 2022, this home boasts over $130,000 in high-end upgrades including plantation shutters, a waterfall island with sink, upgraded flooring, designer stair rails, and a covered patio, offering modern luxury and move-in readiness.
Top Cons:
Significant Price Reduction from Previous Sale: The current list price of $780,000 is substantially lower than its 2022 sale price of $941,000, which may raise questions for potential buyers regarding market value fluctuations or the initial valuation.

Compared to the nearby listings

Price:$780.0K vs avg $645.0K (+$135,000)83%
Size:2,817 sqft vs avg 2,286 sqft75%
Price/sqft:$277 vs avg $29239%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022 and features over $130,000 in upgrades, including a modern kitchen with a waterfall island, stainless steel appliances, and upgraded flooring. The bathrooms are also new and stylish with contemporary fixtures and finishes. All components are virtually new, reflecting current quality standards and showing no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2022
Close
-
List price
$780K
Original List price
-
Price/Sqft
$277
HOA
$0
Days on market
-
Sold On
-
MLS number
225153326
Home ConditionExcellent
Features
Patio
View-

About this home

Gorgeous home in prestigious River Island built in 2022 with over $130k in upgrades; 4 bedrooms, 2.5 baths, plantation shutters, waterfall island with sink, upgraded flooring, designer stair rails, covered patio, paid solar and so much more. Walking distance to highly acclaimed Epic Academy and a block from a beautiful lake. Come check out this home with top rated schools, a few steps to beautiful lakes, parks, trails, community amenities, boathouse restaurant.

L
Lyne Lardizabal
Listing Agent

Price History

Date
Event
Price
08/01/22
Sold
$941,000
Condition Rating
Excellent

This property was built in 2022 and features over $130,000 in upgrades, including a modern kitchen with a waterfall island, stainless steel appliances, and upgraded flooring. The bathrooms are also new and stylish with contemporary fixtures and finishes. All components are virtually new, reflecting current quality standards and showing no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Extensive Upgrades: Built in 2022, this home boasts over $130,000 in high-end upgrades including plantation shutters, a waterfall island with sink, upgraded flooring, designer stair rails, and a covered patio, offering modern luxury and move-in readiness.
Paid Solar System: The property includes a fully paid solar system, providing significant long-term savings on electricity bills and contributing to environmental sustainability.
Desirable Community & Location: Situated in the prestigious River Island subdivision, the home offers walking distance to the highly acclaimed Epic Academy, a block from a beautiful lake, and close proximity to top-rated schools, parks, trails, and community amenities including a boathouse restaurant.
Modern Interior Finishes: Key interior features such as a waterfall island, upgraded flooring, and designer stair rails provide a contemporary and sophisticated living environment.
No Homeowners Association (HOA) Fees: The absence of HOA fees eliminates recurring monthly expenses, offering greater financial flexibility for the homeowner.

Cons

Significant Price Reduction from Previous Sale: The current list price of $780,000 is substantially lower than its 2022 sale price of $941,000, which may raise questions for potential buyers regarding market value fluctuations or the initial valuation.
Relatively Small Lot Size: With a lot size of 5049 sqft for a 2817 sqft home, the usable backyard space may be relatively compact, potentially limiting extensive outdoor living or gardening opportunities for some buyers.
Potential for Ongoing Community Development: As a new home in the River Island subdivision, there may be ongoing construction in the surrounding community, which could lead to temporary noise, dust, or inconvenience for residents.
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