
Riverbank, CA 95367
This tri-level residence presents a Strong Value Opportunity with a List Price of $400,000—positioned well below the $425,109 Fair Market Value by 5%. This valuation gap offers $25,109 in Instant Equity for buyers capable of managing a comprehensive renovation. Featuring a pool and a spacious 1,664 sq ft layout, the property carries a Condition Rating of 5, requiring significant capital improvements. Located near James C. Enochs High School (8/10), this asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-potential project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2955 N Rose Brook Dr Subject 3 bd · 3 ba · 1,664 sqft · $255 | $400,000* List Price | 3 | 3 | 1,664 | $255 | - |
A 2518 Novi Drive Sold 4 bd · 3 ba · 1,709 sqft · $293 · 0.5 mi | $499,900 | 4 | 3 | 1,709 | $293 | 0.5 mi |
B 5421 Etherington Court Sold 4 bd · 3 ba · 1,753 sqft · $257 · 0.6 mi | $450,000 | 4 | 3 | 1,753 | $257 | 0.6 mi |
C 3630 Nevada Avenue Sold 2 bd · 1 ba · 1,200 sqft · $271 · 0.7 mi | $325,000 | 2 | 1 | 1,200 | $271 | 0.7 mi |
D 6036 Deep River Court Pending 4 bd · 3 ba · 1,664 sqft · $276 · 0.3 mi | $459,000 List Price | 4 | 3 | 1,664 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1992 (32 years old) with no evidence of recent renovations. The listing explicitly states the home needs significant work throughout, will not qualify for conventional financing, and is restricted to cash offers, indicating substantial rehab is required for habitability and safety.
The property sits on a premium lot featuring a backyard pool, providing a high-value foundation for an outdoor oasis once restored.
With a spacious tri-level layout and 1,664 sq ft of living space, this home offers a prime opportunity for investors to build significant equity through renovation.
The home is served by highly-rated schools, including James C. Enochs High School (8/10), enhancing its long-term marketability to families.
The property requires significant work throughout and does not qualify for conventional financing, limiting the buyer pool to cash-ready investors.
As a short sale subject to lender approval, the transaction involves additional time, uncertainty, and potential delays compared to a standard sale.
Bring your vision to 2955 N Rose Brook Dr! This 3-bedroom, 2.5-bath tri-level home offers approximately 1,664 sq ft on a premium lot, with a pool and stainless steel appliances already in place. The home needs significant work throughout, making it an ideal project for investors, flippers, or buyers ready to renovate and build equity. The tri-level design gives you a great layout to work with, and the premium lot and backyard pool add real value once the work is done. This is a short sale subject to lender approval. Cash offers only, as the property's condition will not qualify for conventional financing. Sold strictly as-is; seller will make no repairs or credits. Buyer to verify all information, including square footage, permits, and the condition of the pool and appliances. Please allow additional time for lender response.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,664 | 1,605.59 |
| Lot Size | 5,606 | 6,069.359 |
| Price | $400.0K | $481.8K |
| Price per sq ft | $240 | $296 |
| Built year | 1992 | 1996 |
| HOA | $0 | $141 |
| Days on market | 22 | 48 |
Oct 2, 2026
$400,000
Initial Listing
Mar 13, 2023
$460,000
Public Record
Dec 22, 2003
$248,000
Public Record