2955 Risdon Drive 88, Union City, California 94587, Union City, 94587 - 2 bed, 2 bath
ACTIVE$580,000
2955 Risdon Drive 88, Union City, California 94587
2Beds
2Baths
932Sqft
932Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strategic Price Reduction: The recent price adjustment from $599,000 to $580,000 makes this property more competitive and signals a motivated seller, potentially offering a good value proposition for buyers.
Top Cons:
Significant Monthly HOA Fees: The $370 monthly association fee is a substantial recurring cost that buyers must factor into their budget, which can impact overall affordability and long-term ownership expenses.
Compared to the nearby listings
Price:$580.0K vs avg $527.0K (+$53,000)78%
Size:932 sqft vs avg 905.5 sqft72%
Price/sqft:$622 vs avg $57283%
More Insights
Built in 1986 (39 years old).
Condition: Built in 1986, this property has undergone significant updates that make it move-in ready. The visible areas feature updated hardwood/laminate flooring and fresh paint throughout. The kitchen, though not fully visible, shows updated dark cabinetry and countertops, suggesting a renovation within the last 5-15 years. While bathroom conditions are not shown, the overall presentation indicates a well-maintained home with minimal wear and tear, aligning with the 'Good' category for properties extensively renovated within the specified timeframe.
Year Built
1986
Close
-
List price
$580K
Original List price
$599K
Price/Sqft
$622
HOA
$370
Days on market
-
Sold On
-
MLS number
41097206
Home ConditionGood
Features
Patio
View-
About this home
Nearby schools
7/10
Alvarado Elementary School
Public,•K-5•0.7mi
6/10
Alvarado Middle School
Public,•6-8•1.0mi
8/10
James Logan high school
Public,•9-12•2.5mi
Condition Rating
Good
Built in 1986, this property has undergone significant updates that make it move-in ready. The visible areas feature updated hardwood/laminate flooring and fresh paint throughout. The kitchen, though not fully visible, shows updated dark cabinetry and countertops, suggesting a renovation within the last 5-15 years. While bathroom conditions are not shown, the overall presentation indicates a well-maintained home with minimal wear and tear, aligning with the 'Good' category for properties extensively renovated within the specified timeframe.
Pros & Cons
Pros
Strategic Price Reduction: The recent price adjustment from $599,000 to $580,000 makes this property more competitive and signals a motivated seller, potentially offering a good value proposition for buyers.
Desirable Unit Configuration: With 2 bedrooms and 2 bathrooms, the unit offers a highly functional and sought-after layout, suitable for various buyer profiles including small families, couples, or those needing a dedicated home office.
Low-Maintenance Condominium Living: As a condominium, this property provides a convenient, low-maintenance lifestyle, appealing to individuals who prefer not to manage exterior upkeep or extensive property maintenance.
Established Bay Area Location: Located in Union City, within the 'SUGAR SPRINGS' subdivision, the property benefits from a desirable Bay Area address, offering access to regional amenities, employment centers, and a well-regarded school district (New Haven).
Relatively Modern Construction: Built in 1986, the property is of a more recent construction vintage compared to many older homes, suggesting potentially better structural integrity and fewer immediate major foundational or system concerns.
Cons
Significant Monthly HOA Fees: The $370 monthly association fee is a substantial recurring cost that buyers must factor into their budget, which can impact overall affordability and long-term ownership expenses.
Compact Interior Space: At 932 square feet, the unit offers a relatively compact living area, which might feel restrictive for buyers accustomed to larger spaces or those requiring extensive storage solutions.
Potential for Dated Interiors/Systems: Given its 1986 build year, the property may feature original finishes, appliances, and systems that could be considered dated, potentially requiring future investment for modernization or replacement to meet contemporary standards.