3226 Vermillion Drive, Stockton, CA 95206, Stockton, 95206 - 3 bed, 2 bath
ACTIVE$499,000$1,624/sqft
Est. Value: $470,928
-5%
AboveEstimate
3226 Vermillion Drive, Stockton, CA 95206
3Beds
2Baths
1,624Sqft
5,863Lot
Price Vs. Estimate
The estimated value ($470,928.235) is $28,071.765 (5%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Brand New Construction: Built in 2023, this modern single-story home offers contemporary design, up-to-date building standards, and minimal immediate maintenance needs.
Top Cons:
Proximity to Airport: Its location close to the Stockton airport may subject residents to potential noise pollution from air traffic.
Compared to the nearby listings
Price:$499.0K vs avg $405.0K (+$94,000)84%
Size:1,624 sqft vs avg 1,557 sqft54%
Price/sqft:$307 vs avg $24578%
More Insights
Built in 2023 (3 years old).
Condition: This property is a brand new construction, built in 2023. The kitchen features new stainless steel appliances, modern white shaker cabinets, and dark granite countertops. Bathrooms are also new with white vanities and contemporary fixtures. All flooring, including wood-look laminate and carpet, appears new and in pristine condition. The home boasts energy-efficient features like a paid solar system and a tankless water heater. Everything is virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2023
Close
-
List price
$499K
Original List price
-
Price/Sqft
$307
HOA
$0
Days on market
-
Sold On
-
MLS number
225107999
Home ConditionExcellent
Features
View-
About this home
Modern single story home built in 2023. Features 3 bedrooms, 2 bathrooms, also an optional office or a 4th bedroom. Enjoy energy efficiency with a paid solar system, ceiling fans throughout and a tankless water heater. Located close to the freeway and the Stockton airport.This home is a great choice for first-time home buyers or investors. It's already rented for $2,700 per month, so you can start earning income right away.
K
Kulvir Singh
Listing Agent
Price History
Date
Event
Price
02/06/23
Sold
$465,000
Condition Rating
Excellent
This property is a brand new construction, built in 2023. The kitchen features new stainless steel appliances, modern white shaker cabinets, and dark granite countertops. Bathrooms are also new with white vanities and contemporary fixtures. All flooring, including wood-look laminate and carpet, appears new and in pristine condition. The home boasts energy-efficient features like a paid solar system and a tankless water heater. Everything is virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: Built in 2023, this modern single-story home offers contemporary design, up-to-date building standards, and minimal immediate maintenance needs.
Immediate Income Generation: The property is currently rented for $2,700 per month, providing instant cash flow for investors or a significant offset for owner-occupants.
Exceptional Energy Efficiency: Equipped with a paid solar system, ceiling fans throughout, and a tankless water heater, ensuring lower utility costs and environmental benefits.
Flexible Floor Plan: Features 3 bedrooms, 2 bathrooms, plus an optional office or 4th bedroom, offering versatility to accommodate various lifestyle needs.
No Homeowners Association (HOA): The absence of HOA fees eliminates additional monthly expenses and provides homeowners with greater freedom regarding property use and modifications.
Cons
Proximity to Airport: Its location close to the Stockton airport may subject residents to potential noise pollution from air traffic.
Freeway Proximity: While offering convenient access, being close to the freeway can result in increased traffic noise and potentially impact local air quality.
Recent Price Appreciation: The property was sold for $465,000 in February 2023 and is now listed at $499,000, representing a notable price increase in a short timeframe that may require justification to potential buyers.