414 Cherry Lane G, Manteca, CA 95337, Manteca, 95337 - 2 bed, 1 bath
ACTIVE$215,000$941/sqft
414 Cherry Lane G, Manteca, CA 95337
2Beds
1Bath
941Sqft
35Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Target Audience Appeal: Explicitly marketed as a 'great opportunity' for investors and first-time buyers, clearly defining its market niche.
Top Cons:
High Association Fee: The monthly association fee of $654 is substantial for a 2-bed, 1-bath unit of this size, significantly impacting the overall monthly housing cost.
Compared to the nearby listings
Price:$215.0K vs avg $215.0K (+$0)50%
Size:941 sqft vs avg 941 sqft50%
Price/sqft:$228 vs avg $22850%
More Insights
Built in 1985 (41 years old).
Condition: Built in 1985, this property is nearly 40 years old and shows signs of its age with no apparent major renovations. The kitchen features original or very dated wood cabinets, speckled laminate countertops, and older white appliances (coil-top stove, basic refrigerator, and dishwasher), along with a large fluorescent ceiling light. The bathroom also has a dated wood vanity, older countertop, and basic fixtures. Popcorn ceilings are present throughout, and the flooring consists of older carpet and ceramic tile. While the property appears well-maintained and functional, it requires significant cosmetic updates to modernize the kitchen, bathroom, and overall aesthetic.
Year Built
1985
Close
-
List price
$215K
Original List price
-
Price/Sqft
$228
HOA
$654
Days on market
-
Sold On
-
MLS number
225117228
Home ConditionFair
Features
Deck
View-
About this home
INVESTORS/FIRST TIME BUYERS great opportunity to own well taken care of rental unit. Located near transportation, schools, shops, dining and leisure facilities.
I
Irene Godinez
Listing Agent
Nearby schools
4/10
Stella Brockman Elementary School
Public,•K-8•0.8mi
4/10
Golden West Elementary School
Public,•K-8•0.9mi
5/10
Manteca High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
06/16/21
Sold
$205,000
11/05/10
Sold
$53,000
05/31/06
Sold
$200,000
Condition Rating
Fair
Built in 1985, this property is nearly 40 years old and shows signs of its age with no apparent major renovations. The kitchen features original or very dated wood cabinets, speckled laminate countertops, and older white appliances (coil-top stove, basic refrigerator, and dishwasher), along with a large fluorescent ceiling light. The bathroom also has a dated wood vanity, older countertop, and basic fixtures. Popcorn ceilings are present throughout, and the flooring consists of older carpet and ceramic tile. While the property appears well-maintained and functional, it requires significant cosmetic updates to modernize the kitchen, bathroom, and overall aesthetic.
Pros & Cons
Pros
Target Audience Appeal: Explicitly marketed as a 'great opportunity' for investors and first-time buyers, clearly defining its market niche.
Convenient Location: Strategically located near essential amenities including transportation, schools, shops, dining, and leisure facilities, enhancing desirability and rental potential.
Well-Maintained Condition: Described as a 'well taken care of rental unit,' suggesting the property is in good condition and may require minimal immediate repairs or renovations.
Strong School Access: Proximity to highly-rated schools, including Manteca High School (rated 5) and two elementary/middle schools (rated 4), is a significant draw for families.
Affordable Price Point: With a list price of $215,000, this condominium offers a relatively accessible entry point into the market for first-time buyers or investors.
Cons
High Association Fee: The monthly association fee of $654 is substantial for a 2-bed, 1-bath unit of this size, significantly impacting the overall monthly housing cost.
Limited Outdoor Space: A lot size of only 35 sqft indicates virtually no private outdoor area, which can be a significant drawback for buyers seeking yard space or outdoor amenities.
Older Property Age: Built in 1985, the property is nearly 40 years old, which may imply the need for future updates to major systems (HVAC, plumbing, electrical) or interior aesthetics.