
Spring Valley, California 91978
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $545,000—positioned well below the $567,813 Fair Market Value by 4%. This valuation gap offers $22,813 in Instant Equity for the buyer. Featuring a 3-bedroom layout, central HVAC, and a private patio with mountain views, the home maintains a Condition Rating of 3. Located in the desirable Grossmont Union district, this property is an ideal acquisition for first-time buyers or buy-and-hold investors seeking a stable, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2906 Elm Tree Court Subject | $545,000* List Price | 3 | 2 | 1,059 | $536 | - |
A 3067 Charwood Ct Sold | $464,000 | 2 | 2 | 916 | $507 | 0.1 mi |
B 3055 Charwood Court Sold | $470,000 | 2 | 2 | 916 | $513 | 0.1 mi |
C 3037 Chipwood Court Sold | $494,000 | 2 | 2 | 916 | $539 | 0.1 mi |
D 3051 Charwood Court Sold | $466,000 | 2 | 1 | 928 | $502 | 0.1 mi |
E 2962 Alanwood Ct. Sold | $397,000 | 1 | 1 | 667 | $595 | 0.1 mi |
F 3065 Charwood Ct Sold | $480,000 | 2 | 2 | 935 | $513 | 0.1 mi |
G 2910 Elm Tree Court Sold | $469,900 | 2 | 2 | 916 | $513 | - |
H 3029 Blue Oak Court Active | $520,000 List Price | 3 | 2 | 986 | $527 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986 but appears well-maintained and move-in ready. The interior features updated laminate flooring and functional kitchen cabinetry that suggests a renovation within the 5-15 year range. Systems like central HVAC are present and the property is described as functional and inviting.
Situated in a highly desirable area, this property offers excellent proximity to top-rated schools, shopping centers, and major freeways, making it ideal for commuters and families.
The home is beautifully maintained and features an open-concept floor plan with modern essentials like central heating and air conditioning, ensuring immediate comfort for the new owner.
The rare three-bedroom configuration in a condominium at this price point provides significant flexibility for use as a family home, guest space, or a dedicated home office.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =113256, other record lot size in square feet = 64796.
The association fee of $554 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With three bedrooms squeezed into approximately 1,059 square feet, individual room sizes may feel small or cramped compared to other residential types in the area.
Welcome to a beautifully maintained condo offering approximately 1,059 square feet of comfortable living in the desirable Rancho San Diego area of Spring Valley. This bright and inviting home features an open concept floor plan with abundant natural light, a cozy fireplace, and a spacious living area perfect for relaxing or entertaining. The kitchen offers ample cabinet and countertop space, making meal preparation both functional and convenient, while the adjacent dining area flows seamlessly into the living room. The primary suite provides a private retreat with an en-suite bathroom, and two additional bedrooms offer flexibility for family, guests, or a home office. Enjoy year round comfort with central heating and air conditioning, plus a private outdoor patio ideal for morning coffee or evening unwinding. Convenient parking and access to community amenities add to the home’s appeal. Located just minutes from shopping, restaurants, parks, highly rated schools, and major freeways, this home combines comfort, convenience, and value in one exceptional package. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this move-in-ready home is one you won’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,059 | 873.5 |
| Lot Size | 113,256 | 78,963.25 |
| Price | $545.0K | $461.2K |
| Price per sq ft | $515 | $512 |
| Built year | 1986 | 1985 |
| HOA | $554.0 | $470 |
| Days on market | 35 | 56 |
Aug 5, 2026
$545,000
Initial Listing
Feb 22, 2023
$491,000
Public Record
Mar 16, 2020
$360,000
Public Record
Dec 31, 2015
$259,000
Public Record
Jul 31, 1995
$103,500
Public Record