2822 Belvedere Avenue, Stockton, CA 95205, Stockton, 95205 - 2 bed, 1 bath
ACTIVE$349,000$768/sqft
Est. Value: $375,019
7%
BelowEstimate
2822 Belvedere Avenue, Stockton, CA 95205
2Beds
1Bath
768Sqft
10,001Lot
Price Vs. Estimate
The estimated value ($375,019.27) is $26,019.27 (7%) higher than the list price ($349,000). 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 = 10001, living area = 768.
Top Cons:
Limited Living Space: The total reported square footage of 768 sqft for two units is exceptionally small, potentially limiting comfort and rental market appeal for larger households.
Compared to the nearby listings
Price:$349.0K vs avg $322.5K (+$26,500)56%
Size:768 sqft vs avg 1,066.5 sqft15%
Price/sqft:$454 vs avg $26192%
More Insights
Built in 1939 (87 years old).
Condition: Despite being built in 1939, the listing explicitly states that both houses have been 'completely re-modeled' with 'everything new,' indicating a very recent and extensive renovation. The property is described as 'turnkey condition,' aligning with the 'Excellent' criteria of being newly built or fully renovated recently, with all components new or virtually new and meeting current quality standards. The exterior images show fresh paint and well-maintained structures, supporting the claim of a thorough update.
Year Built
1939
Close
-
List price
$349K
Original List price
-
Price/Sqft
$454
HOA
$0
Days on market
-
Sold On
-
MLS number
225152486
Home ConditionExcellent
Features
View-
About this home
All the work has been done for you. 2 houses on 1 lot. Both houses have been completely re-modeled. Everything is new. Incredible value for a owner occupant to live in 1 unit and rent other or investor to collect 2 rents! Huge lot with room to build a 3rd unit. Solar on front house is paid for and working.
R
Ryan Regan
Listing Agent
Nearby schools
3/10
Harrison Elementary School
Public,•K-8•0.3mi
4/10
August Elementary School
Public,•K-8•0.6mi
3/10
Grunsky Elementary School
Public,•K-8•0.9mi
4/10
Cesar Chavez High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
05/09/97
Sold
$25,000
06/01/18
Sold
$200,000
05/26/16
Sold
$60,000
Condition Rating
Excellent
Despite being built in 1939, the listing explicitly states that both houses have been 'completely re-modeled' with 'everything new,' indicating a very recent and extensive renovation. The property is described as 'turnkey condition,' aligning with the 'Excellent' criteria of being newly built or fully renovated recently, with all components new or virtually new and meeting current quality standards. The exterior images show fresh paint and well-maintained structures, supporting the claim of a thorough update.
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 = 10001, living area = 768.
Dual-Unit Income Potential: The property features two completely remodeled homes on one lot, offering immediate rental income or owner-occupant flexibility to live in one and rent the other.
Development Opportunity: A generous 10,001 sqft lot provides significant space and potential to construct a third dwelling unit, offering substantial future value appreciation.
Turnkey Condition: Both residences have undergone complete remodeling with everything new, ensuring a move-in ready experience with minimal immediate capital expenditure for the buyer.
Owned Solar System: The front house benefits from a paid-off and operational solar panel system, significantly reducing energy costs and enhancing the property's long-term value.
Strategic School Proximity: The property is conveniently located within walking distance to Harrison Elementary School (0.29 miles) and close to other well-rated schools, appealing to families.
Cons
Limited Living Space: The total reported square footage of 768 sqft for two units is exceptionally small, potentially limiting comfort and rental market appeal for larger households.
Historic Property Age: Built in 1939, the underlying structure is over 80 years old. While extensively remodeled, older foundations and infrastructure can present long-term maintenance considerations.
Zoning/Classification Discrepancy: Listed as a 'Single Family Residence' despite having two units and potential for a third, which could lead to complexities with financing, insurance, or local zoning compliance for multi-unit use.