
Alameda, California 94502
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,190,000—positioned well below the $1,294,407 Fair Market Value by 8%. This valuation gap provides $104,407 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end modern renovations and a 2019 roof, the home offers a lifestyle of convenience near top-rated schools like Amelia Earhart Elementary and Lincoln Middle. This is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3560 Mcsherry Way Subject 3 bd · 3 ba · 1,632 sqft · $822 | $1,190,000* List Price | 3 | 3 | 1,632 | $822 | - |
A 117 Payot Ct Sold 4 bd · 3 ba · 1,710 sqft · $769 · 0.1 mi | $1,315,000 | 4 | 3 | 1,710 | $769 | 0.1 mi |
B 15 Lavagetto Ct Sold 3 bd · 3 ba · 1,489 sqft · $897 · 0.9 mi | $1,335,000 | 3 | 3 | 1,489 | $897 | 0.9 mi |
C 1129 Clarke Ln Sold 4 bd · 3 ba · 1,692 sqft · $798 · 0.1 mi | $1,350,000 | 4 | 3 | 1,692 | $798 | 0.1 mi |
D 1169 Hillery Way Sold 3 bd · 3 ba · 1,889 sqft · $654 · 0.1 mi | $1,235,000 | 3 | 3 | 1,889 | $654 | 0.1 mi |
E 29 Captains Dr Pending 3 bd · 2 ba · 1,425 sqft · $930 · 1.0 mi | $1,325,000 List Price | 3 | 2 | 1,425 | $930 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1986, the property has undergone extensive high-end modern renovations within the last 5 years. Images show a fully updated kitchen with a contemporary waterfall island, completely remodeled bathrooms with modern glass enclosures and custom tile work, updated flooring throughout, and a roof replaced in 2019. The home is in mint, move-in ready condition with no visible maintenance required.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property features a roof replaced in 2019 and recent interior and exterior renovations, significantly reducing immediate maintenance concerns and providing a move-in-ready experience.
Situated near highly-regarded institutions like Amelia Earhart Elementary and Lincoln Middle School (both rated 9/10), this home offers exceptional educational value for families.
With a lot size of 3,556 square feet, the outdoor space is relatively limited, which may restrict gardening, expansion, or large-scale outdoor entertaining.
The $227 monthly association fee adds a continuous carrying cost to the property, which may be a deterrent for buyers seeking a traditional single-family home without community oversight.
Seller willing to offer a credit to buyer for an interest rate buy-down. Plenty of sunlight and such an open space! Beautiful interior and exterior features with renovations done. Well-maintained landscape. Long driveway and garage for two cars. Adjacent to guest parking spaces. Roof replaced in June of 2019. A must see!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 3.2 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,632 | 1,790.196 |
| Lot Size | 3,556 | 4,403.078 |
| Price | $1.19M | $1.42M |
| Price per sq ft | $729 | $831 |
| Built year | 1986 | 1928 |
| HOA | $227.0 | $269 |
| Days on market | 40 | 37 |
Sep 14, 2026
$1,190,000
Initial Listing
May 24, 2017
$895,000
Public Record
Mar 31, 2006
$413,500
Public Record
Apr 5, 2004
$622,000
Public Record