
Riverbank, CA 95367
This Spacious Value-Driven Residence is a Prime Investment Opportunity, listed at $535,000—positioned well below the $546,473 Fair Market Value by 2%. This valuation gap offers $11,473 in Instant Equity, further enhanced by the total absence of HOA fees and Mello Roos assessments. Maintaining a Condition Rating of 3, the home features an updated kitchen with stone counters and a versatile downstairs bedroom. Exterior highlights include a new custom courtyard and a private pool. This property is perfectly suited for Owner-Occupants or growing families prioritizing financial efficiency and lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3006 Powers Avenue Subject | $523,000* List Price | 4 | 3 | 2,201 | $246 | - |
A 3240 Lemmons Sold | $575,000 | 4 | 3 | 2,562 | $224 | 0.2 mi |
B 5555 Landon Lane Sold | $594,950 | 5 | 3 | 2,248 | $265 | 0.3 mi |
C 5636 Landon Drive Sold | $579,950 | 5 | 3 | 2,248 | $258 | 0.3 mi |
D 5416 Antique Rose Sold | $590,000 | 4 | 3 | 2,479 | $238 | 1.0 mi |
E 5567 Landon Drive Sold | $580,000 | 5 | 3 | 2,248 | $258 | 0.3 mi |
F 2807 Donner Trail Active | $619,950 List Price | 4 | 3 | 2,272 | $273 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the home falls within the 10-20 year bracket for well-maintained properties. The kitchen has been updated with modern appliances and stone countertops, and the flooring appears recently replaced. While some bathroom finishes and the unfinished backyard reflect the home's age, it is functional and move-in ready.
The property is free from HOA fees and Mello Roos assessments, providing significant monthly savings and a lower cost of ownership compared to nearby new construction.
Features an updated kitchen with premium countertops, high ceilings with floor-to-ceiling windows, and a desirable downstairs bedroom and full bath for multi-generational living.
A brand-new custom courtyard with concrete flooring and stucco finishes adds immediate curb appeal and unique outdoor recreation space at the front of the home.
The listing has undergone five consecutive price reductions, suggesting the property has struggled to align with market expectations and may face buyer hesitation.
The rear yard is described as a blank canvas, requiring the buyer to commit additional time and capital to complete landscaping and outdoor living improvements.
Avoid HOA fees and the Mello Roos associated with the new builds! Step into the grand entry of this expansive beauty! High ceilings, and floor to ceiling windows in the living room that offer a spacious feel and a nice view of the backyard/patio. An ornate fireplace and custom shelving add to the allure of the living space. An open concept floor plan allows a nice flow into the family room, kitchen and dining rooms. The updated kitchen has modern appliances, gorgeous countertops and abundant cabinetry making mealtime and entertaining a pleasure! With a bedroom and full bath downstairs it is convenient for guests or a mid-day nap. Upstairs is a master bedroom boasting a sitting area, luxurious bath, a vast walk-in closet, two more bedrooms, a third bath and an open style office space. This home is centrally located for shopping, restaurants and other services yet peaceful in an established neighborhood with a beautiful park very close to the home. A brand-new custom courtyard just completed at the face of the home adds a unique style and recreation opportunities with concrete flooring, drainage, pier and wall caps, stucco and painted to match the house. There is a blank canvas out back for the creative with a larger than usual size and privacy as no surrounding homes look over the space. Envision a rose garden, custom landscaping or perhaps add on to the existing pool with a custom deck. The high-end security system is owned and will convey with the home. Lastly the 2-car garage leads into the indoor laundry making it convenient for transporting groceries and supplies. Seller is working on getting discolored windows replaced.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,201 | 1,699 | 79% |
| Lot Size | 5,536 | 6,002.5 | 40% |
| Price | $523.0K | $526.8K | 48% |
| Price per sq ft | $238 | $306 | 11% |
| Built year | 2005 | 1995 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 199 | 3% |
May 19, 2026
$523,000
$535,000
-2% Price Drop
Initial Listing
May 1, 2026
$535,000
$545,000
-2% Price Drop
Initial Listing
Apr 25, 2026
$545,000
$549,000
-1% Price Drop
Initial Listing
Apr 21, 2026
$549,000
$559,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$559,000
$569,000
-2% Price Drop
Initial Listing
Mar 31, 2026
$569,000
Initial Listing
Dec 16, 2021
$353,500
Public Record
Oct 16, 2019
$320,000
Public Record
Sep 20, 2013
$225,000
Public Record
Sep 25, 2008
$292,000
Public Record