313 Mamie Street, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
313 Mamie Street
Ridgecrest, CA 93555
Property Price
SUMMARY
Analysis of 313 Mamie Street, Ridgecrest, CA 93555 reveals a Prime Investment Opportunity with a current list price of $315,000—significantly undercutting the $331,559 Fair Market Value by 4%. This valuation gap indicates a +$16,559 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ridgecrest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 313 Mamie Street Subject | $315,000* List Price | 3 | 2 | 1,783 | $186 | - |
A 543 Weiman Avenue Sold | $300,200 | 3 | 2 | 1,630 | $184 | 0.7 mi |
B 1105 Rebecca Avenue Sold | $310,000 | 4 | 2 | 1,807 | $172 | 1.0 mi |
C 429 Peg Street Sold | $235,000 | 3 | 2 | 1,572 | $149 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1985, this property has undergone significant updates in key areas. The kitchen features stainless steel appliances and updated countertops, while both bathrooms showcase modern tile, vanities, and fixtures, including a stylish double vanity in one. The flooring throughout is a mix of well-maintained laminate and tile. While the overall structure is older, these renovations make the home move-in ready with no immediate updates required, aligning with the 'Good' condition criteria. The property's age suggests major systems may be older, but they appear functional, preventing an 'Excellent' score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11325, living area = 1783.
- Versatile & Functional Layout
This single-story home features a well-designed 3-bedroom, 2-bathroom floor plan spanning 1783 sqft, offering comfortable living space and flexibility for various needs.
- Well-Appointed Kitchen
The kitchen is equipped with ample wood cabinetry, stainless steel appliances, generous counter space, and a pantry, providing a highly functional and appealing culinary space.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for System Updates
Built in 1985, the property's major systems (e.g., HVAC, roof, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring future investment from the buyer.
- Limited Comprehensive Interior Modernization
While the kitchen and one bathroom feature modern elements, the description does not detail comprehensive updates throughout the entire home, suggesting other areas might retain their original 1980s aesthetic or require renovation.
- Recent Price Appreciation
The current listing price of $315,000 represents a notable increase from its last sale price of $295,000 just two months prior (December 2023), which may require strong justification to potential buyers and could impact perceived value.
About 313 Mamie Street
This charming single-story home offers an inviting blend of comfort, functionality, and curb appeal, enhanced by mature palm trees and a welcoming covered entry. The well-designed floor plan features four bedrooms and two bathrooms, providing comfortable living space and flexibility for a variety of needs. The kitchen is equipped with ample wood cabinetry, stainless steel appliances, generous counter space, and a pantry, flowing seamlessly into the main living areas with tile and laminate flooring throughout. Natural light fills the home through well-placed windows, creating a bright and comfortable atmosphere. One bathroom showcases a stylish double vanity with modern fixtures. Step outside to a large backyard offering plenty of space for outdoor entertaining, gardening, recreation, or future customization. Additional highlights include an attached garage, wide driveway, and an inviting front yard. With versatile living spaces and strong overall appeal, this home presents a wonderful opportunity for buyers seeking comfort, flexibility, and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 11,325 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,783 | 1,525.5 | 67% |
| Lot Size | 11,325 | 8,069 | 71% |
| Price | $315.0K | $250.0K | 79% |
| Price per sq ft | $177 | $164 | 63% |
| Built year | 1985 | 1975 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 216 | 4% |
Pricing History
Listed for Sale
Jan 21, 2026
$315,000
Initial Listing
Sold
Dec 27, 2023
$295,000
Public Record
Sold
Jan 9, 1997
$71,500
Public Record
Sold
Jun 17, 1996
$67,063
Public Record