440 Caribrook Way 1, Stockton, CA 95207, Stockton, 95207 - 2 bed, 1 bath
ACTIVE$139,999$795/sqft
440 Caribrook Way 1, Stockton, CA 95207
2Beds
1Bath
795Sqft
797Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Attractive Price Point: The listing price of $139,999 makes this condominium highly accessible for first-time buyers or investors seeking an affordable entry into the market.
Top Cons:
Compact Living Space: At 795 square feet, the unit offers limited living area, which may not suit buyers requiring more expansive space.
Compared to the nearby listings
Price:$140.0K vs avg $166.0K ($-26,001)40%
Size:795 sqft vs avg 900 sqft33%
Price/sqft:$176 vs avg $21731%
More Insights
Built in 1972 (54 years old).
Condition: Built in 1972, this property has received recent cosmetic updates including new laminate flooring, fresh paint, and a newer stainless steel range in the kitchen. However, the kitchen's countertops and floor tiles appear older and dated, and the cabinets are painted rather than new. While move-in ready due to these updates and the presence of central heat and air, the property's age and partial nature of renovations indicate it's an aged home maintained with occasional updates, showing signs of being outdated in key areas like the kitchen.
Year Built
1972
Close
-
List price
$140K
Original List price
-
Price/Sqft
$176
HOA
$295
Days on market
-
Sold On
-
MLS number
225153911
Home ConditionFair
Features
View-
About this home
Lower-level unit condo. Features 2bd 1 bath, laminate flooring and central heat and air. Currently tenant occupied on month-to-month lease at $1550.00 per month.
S
Stephanie Mendez
Listing Agent
Nearby schools
4/10
Cleveland Elementary School
Public,•K-8•0.8mi
3/10
Wilson Elementary School
Public,•K-8•1.0mi
2/10
El Dorado Elementary School
Public,•K-8•1.9mi
3/10
Victory Elementary School
Public,•K-8•2.7mi
2/10
Stagg Senior High School
Public,•5-12•1.7mi
Price History
Date
Event
Price
07/27/99
Sold
$18,000
11/26/97
Sold
$8,000
11/04/20
Sold
$95,000
04/03/17
Sold
$25,000
08/19/09
Sold
$22,000
Condition Rating
Fair
Built in 1972, this property has received recent cosmetic updates including new laminate flooring, fresh paint, and a newer stainless steel range in the kitchen. However, the kitchen's countertops and floor tiles appear older and dated, and the cabinets are painted rather than new. While move-in ready due to these updates and the presence of central heat and air, the property's age and partial nature of renovations indicate it's an aged home maintained with occasional updates, showing signs of being outdated in key areas like the kitchen.
Pros & Cons
Pros
Attractive Price Point: The listing price of $139,999 makes this condominium highly accessible for first-time buyers or investors seeking an affordable entry into the market.
Established Rental Income: With a month-to-month tenant paying $1550/month, the property offers immediate cash flow and flexibility for the new owner.
Essential Comfort Amenities: The inclusion of central heat and air provides year-round climate control, a significant advantage for comfort in the local climate.
Modern Interior Finish: Laminate flooring throughout offers a contemporary aesthetic, durability, and ease of maintenance, appealing to both residents and potential tenants.
Positive Value Appreciation: The property's sales history indicates a strong trend of value growth, suggesting a solid investment potential.
Cons
Compact Living Space: At 795 square feet, the unit offers limited living area, which may not suit buyers requiring more expansive space.
Aging Infrastructure Potential: Built in 1972, the property's age could lead to concerns regarding the condition of common area infrastructure or require future maintenance.
Recurring Association Fees: The $295 monthly association fee adds a significant ongoing cost to ownership, impacting overall affordability and investment yield.