309 Lovell Way, Manteca, CA 95336, Manteca, 95336 - 4 bed, 3 bath
ACTIVE$499,000$1,320/sqft
Est. Value: $433,027
-13%
AboveEstimate
309 Lovell Way, Manteca, CA 95336
4Beds
3Baths
1,320Sqft
6,821Lot
Price Vs. Estimate
The estimated value ($433,026.81) is $65,973.19 (13%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Excellent Location & Accessibility: The property boasts a prime location with convenient access to shopping, restaurants, and major freeways, enhancing daily convenience and appeal.
Top Cons:
Dated Aesthetics/Requires Cosmetic Work: The description explicitly states the need for 'a little bit of cosmetic work,' indicating that interior and exterior finishes may be dated and require updating to meet modern tastes.
Compared to the nearby listings
Price:$499.0K vs avg $515.0K ($-16,000)44%
Size:1,320 sqft vs avg 1,716.5 sqft15%
Price/sqft:$378 vs avg $30888%
More Insights
Built in 1973 (53 years old).
Condition: The property, built in 1973, has received significant updates to major systems including a 10-year-old roof, a 1-year-old HVAC system, a 6-year-old water heater, and new toilets, indicating good functional maintenance. However, the interior, particularly the kitchen and bathrooms, is very dated in style and materials, requiring substantial cosmetic renovation. The kitchen features older cabinets, countertops, and flooring, with some missing cabinet doors. Bathrooms also show significant wear and outdated fixtures, with one appearing to have incomplete work. While livable and structurally sound due to system updates, the aesthetic condition necessitates more than minor updates to meet current standards, placing it in the 'Fair' category.
Year Built
1973
Close
-
List price
$499K
Original List price
-
Price/Sqft
$378
HOA
$0
Days on market
-
Sold On
-
MLS number
225144290
Home ConditionFair
Features
Patio
View-
About this home
Great Location with Endless Potential! This single-family home offers an excellent opportunity for buyers seeking a property in desirable Manteca at an affordable price. Conveniently located near shopping, restaurants, and easy freeway access, this home provides both convenience and accessibility. The home features a 10-year-old roof, an HVAC system installed just last year, a water heater that's only six years old, and three new toilets. The property also offers RV access, perfect for extra parking or recreational use, and a storage shed for extra space. With a little bit of cosmetic work, this home can truly shine and become a wonderful investment or a perfect place to call home. Don't miss the chance to add your personal touch and create lasting value in a great location!
G
Graciela Hernandez
Listing Agent
Price History
Date
Event
Price
03/30/15
Sold
$230,000
02/28/11
Sold
$127,000
Condition Rating
Fair
The property, built in 1973, has received significant updates to major systems including a 10-year-old roof, a 1-year-old HVAC system, a 6-year-old water heater, and new toilets, indicating good functional maintenance. However, the interior, particularly the kitchen and bathrooms, is very dated in style and materials, requiring substantial cosmetic renovation. The kitchen features older cabinets, countertops, and flooring, with some missing cabinet doors. Bathrooms also show significant wear and outdated fixtures, with one appearing to have incomplete work. While livable and structurally sound due to system updates, the aesthetic condition necessitates more than minor updates to meet current standards, placing it in the 'Fair' category.
Pros & Cons
Pros
Excellent Location & Accessibility: The property boasts a prime location with convenient access to shopping, restaurants, and major freeways, enhancing daily convenience and appeal.
Recently Updated Major Systems: Key home systems have been recently updated, including an HVAC system installed last year, a 6-year-old water heater, and a 10-year-old roof, reducing immediate maintenance concerns for a buyer.
Valuable RV Access & Storage: The property offers practical RV access for additional parking or recreational vehicle storage, complemented by an extra storage shed for added utility.
Strong Investment/Value-Add Potential: Priced affordably, this home presents a significant opportunity for buyers to add personal touches and cosmetic upgrades, thereby creating substantial lasting value.
No Homeowners Association (HOA) Fees: The absence of HOA fees provides financial flexibility and freedom from restrictive covenants, a desirable feature for many homeowners.
Cons
Dated Aesthetics/Requires Cosmetic Work: The description explicitly states the need for 'a little bit of cosmetic work,' indicating that interior and exterior finishes may be dated and require updating to meet modern tastes.
Older Property Age: Built in 1973, the home is over 50 years old, which may suggest older underlying infrastructure or a layout that might not fully align with contemporary design preferences despite recent system updates.
Compact Interior Space: With 4 bedrooms and 3 bathrooms within 1320 square feet, the individual room sizes or overall living areas may be more compact than some buyers seeking spacious accommodations might prefer.