3980 Purdue Way, Livermore, California 94550, Livermore, 94550 - 3 bed, 2 bath
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3980 Purdue Way
Livermore, California 94550
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,204Sq Ft
6,018Lot Size
Property Price
LIST PRICE$938,000
EST. MARKET VALUE
$873,431
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $938,000—positioned well above the $873,432 Fair Market Value by 7%. While currently priced above market, the home offers significant value-add potential through modernization. Featuring a Fair Condition Rating (4), the property includes a spacious sideyard with gated RV/boat access and is located within the Livermore Valley School District. This is an ideal project for Value-Add Investors or Owner-Occupants looking to build equity through strategic renovations in a prime school-proximate location.
Estimated Market Value
$873,431
Based on Realkey algorithm analyzing recent comparable sales in Livermore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3980 Purdue Way Subject | $938,000* List Price | 3 | 2 | 1,204 | $725 | - |
A 474 Jensen Street Sold | $1,000,000 | 3 | 2 | 1,618 | $618 | 0.4 mi |
B 3910 East Ave Sold | $830,000 | 3 | 2 | 1,161 | $715 | 0.4 mi |
C 1148 Hillcrest Ct Sold | $820,000 | 2 | 1 | 1,047 | $783 | 0.6 mi |
D 3668 Oregon Way Sold | $1,085,000 | 3 | 2 | 1,628 | $666 | 0.5 mi |
E 646 Joyce St Sold | $900,000 | 4 | 2 | 1,396 | $645 | 1.0 mi |
F 4028 Drake Way Sold | $999,000 | 4 | 2 | 1,606 | $622 | 0.7 mi |
G 865 865 Bower Ct Sold | $925,000 | 3 | 2 | 1,475 | $627 | 0.7 mi |
H 3965 Purdue Way Sold | $1,105,000 | 3 | 2 | 1,655 | $668 | 0.0 mi |
I 3922 Fordham Way Pending | $999,888 List Price | 3 | 2 | 1,212 | $825 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960, the property features a kitchen and bathrooms that appear to have been updated approximately 20-30 years ago with oak cabinetry and white tile. While the home is functional and features well-maintained hardwood floors, the overall aesthetic is dated, and the listing description explicitly suggests personalizing the space to build equity, indicating a need for modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- RV and Boat Storage
The property features a spacious sideyard with gated access, providing a rare and highly desirable utility for secure boat or RV parking in a residential neighborhood.
- Equity Potential
Marketed as a personalization opportunity with classic hardwood floors, this home allows buyers to build instant equity through strategic renovations and modern upgrades.
- Excellent School Proximity
The home is ideally situated within walking distance (less than 0.8 miles) of elementary, middle, and high schools, offering significant convenience for families.
CONSRISKS & DEFICIENCIES
- Dated Condition
Built in 1960 and requiring personalization, the property likely needs substantial capital investment to update its original systems and aesthetic finishes.
- Market Stagnation
With 50 days on the market and a recent price reduction, the listing suggests a potential mismatch between the current condition and the initial asking price.
About 3980 Purdue Way
Opportunity knocks in this 3 Bedroom, 2 Bathroom Gem! Featuring Classic Hardwood Floors, amazing sideyard with gated access for a Boat or RV, Budding Home Orchard with Fruit Trees. Personalize to your taste to build instant equity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,018 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
Livermore Unified Schools
Jackson Avenue Elementary School
Grades K-5 • 0.4 mi
6/10
East Avenue Middle School
Grades 6-8 • 0.5 mi
5/10
Livermore High School
Grades 9-12 • 0.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,204 | 1,788.221 |
| Lot Size | 6,018 | 7,309.632 |
| Price | $938.0K | $1.25M |
| Price per sq ft | $779 | $696 |
| Built year | 1960 | 1973 |
| HOA | $0 | $141 |
| Days on market | 98 | 38 |
Pricing History
Listed for Sale
Jul 23, 2026
$938,000
$958,000
-2% Price Drop
Initial Listing
Price Change
Jun 3, 2026
$958,000
Initial Listing
Sold
Nov 5, 2018
$695,000
Public Record