421 E Elm Street, Lodi, CA 95240, Lodi, 95240 - 2 bed, 2 bath
ACTIVE$288,900$840/sqft
Est. Value: $299,625
3%
BelowEstimate
421 E Elm Street, Lodi, CA 95240
2Beds
2Baths
840Sqft
3,498Lot
Price Vs. Estimate
The estimated value ($299,625.435) is $10,725.435 (3%) higher than the list price ($288,900). This property may be underpriced.
Key pros and cons
Top Pros:
Modern Interior Updates: The property has undergone recent remodeling, featuring modern amenities like granite counters, which enhances its aesthetic appeal and functionality.
Top Cons:
Compact Living Space: With only 840 sqft, the interior living space is relatively compact, which might be a consideration for buyers seeking more expansive interiors, especially for a 2-3 bedroom layout.
Compared to the nearby listings
Price:$288.9K vs avg $443.0K ($-154,100)16%
Size:840 sqft vs avg 1,418.5 sqft9%
Price/sqft:$344 vs avg $33951%
More Insights
Built in 1949 (77 years old).
Condition: The property, built in 1949, has received recent cosmetic updates including new LVP flooring in the kitchen, one bathroom, and laundry area, painted kitchen cabinets with granite counters, and fresh paint throughout. A new water heater is being installed, and the garage is prepped for an ADU. However, several areas, including the main living area and some bedrooms, retain older, dated ceramic tile flooring. One bathroom features a very basic and worn shower pan, while the other has an older vanity. The updates are inconsistent, and some major components show signs of being outdated, requiring further minor updates or repairs to achieve a more cohesive and modern feel.
Year Built
1949
Close
-
List price
$289K
Original List price
-
Price/Sqft
$344
HOA
$0
Days on market
-
Sold On
-
MLS number
225151855
Home ConditionFair
Features
Patio
View-
About this home
Remodeled! Granite counters, Good size yards! 2-3 bedroom 2 bath 2 car garage. New cement drywall and paint in the garage-ready for an ADU. Several fruit trees. Partial basement! New water heater being installed!
R
Ruth Morey
Listing Agent
Condition Rating
Fair
The property, built in 1949, has received recent cosmetic updates including new LVP flooring in the kitchen, one bathroom, and laundry area, painted kitchen cabinets with granite counters, and fresh paint throughout. A new water heater is being installed, and the garage is prepped for an ADU. However, several areas, including the main living area and some bedrooms, retain older, dated ceramic tile flooring. One bathroom features a very basic and worn shower pan, while the other has an older vanity. The updates are inconsistent, and some major components show signs of being outdated, requiring further minor updates or repairs to achieve a more cohesive and modern feel.
Pros & Cons
Pros
Modern Interior Updates: The property has undergone recent remodeling, featuring modern amenities like granite counters, which enhances its aesthetic appeal and functionality.
ADU Conversion Potential: The garage has been prepped with new cement, drywall, and paint, making it ready for an Accessory Dwelling Unit (ADU) conversion, offering significant value-add or rental income potential.
Desirable Outdoor Space: The property includes good-sized yards and several fruit trees, providing attractive outdoor living space and enhancing curb appeal.
Recent System Upgrade: A new water heater is being installed, which is a significant upgrade that reduces immediate maintenance concerns and provides efficiency for the new owner.
Valuable Additional Space: The presence of a partial basement offers valuable extra storage capacity or potential for future expansion and customization.
Cons
Compact Living Space: With only 840 sqft, the interior living space is relatively compact, which might be a consideration for buyers seeking more expansive interiors, especially for a 2-3 bedroom layout.
Original Construction Age: Built in 1949, despite recent remodels, the property's older foundation and original systems could present long-term maintenance considerations not immediately apparent.
Ambiguous Bedroom Count: The description '2-3 bedroom' indicates a flexible or ambiguous bedroom count, which might require clarification or customization to meet specific buyer needs.