469 Elm, Atwater, California 95301, Atwater, 95301 - 3 bed, 1 bath
469 Elm
Atwater, California 95301
Property Price
SUMMARY
Analysis of 469 Elm, Atwater, California 95301 reveals a Prime Investment Opportunity with a current list price of $295,000—significantly undercutting the $308,471 Fair Market Value by 4%. This valuation gap indicates a +$13,471 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Atwater Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 469 Elm Subject | $295,000* List Price | 3 | 1 | 1,225 | $252 | - |
A 2317 High Sold | $350,000 | 3 | 2 | 1,185 | $295 | 0.7 mi |
B 1263 Juniper Sold | $349,900 | 2 | 2 | 1,287 | $272 | 0.6 mi |
C 639 Mulberry Avenue Sold | $365,000 | 3 | 2 | 1,599 | $228 | 0.5 mi |
D 1510 High Street Active | $377,000 List Price | 4 | 2 | 1,333 | $283 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1954, this property is aged and explicitly requires 'TLC' and a 'personal touch,' indicating deferred maintenance. While it features functional tile flooring and a spacious layout, the interior details like swirl ceiling textures and the white brick fireplace reflect a vintage style that has not undergone a full modern renovation. The single-bathroom configuration for a three-bedroom home and the overall need for cosmetic and system updates align with a fair condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7485, living area = 1225.
- Vintage Architectural Character
The home features unique mid-century details, including decorative swirl ceiling textures, curved borders, and a classic white brick fireplace, providing a charming aesthetic that distinguishes it from modern builds.
- Expansive Outdoor Space
Situated on a generous 7,485-square-foot lot, the property offers a large backyard with ample room for a swimming pool, storage shed, or ADU, providing significant potential for value-add improvements.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The listing explicitly mentions the need for 'TLC' and a personal touch, indicating that the property likely requires immediate investment in repairs and cosmetic updates.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's configuration may be a drawback for growing families and could limit its competitive edge against multi-bath properties in the Atwater market.
About 469 Elm
Ready for your personal touch and a little TLC! Step inside and notice the tile flooring and decorative swirl ceiling texture with a curved ceiling border that adds unique character reminiscent of classic homes. Enjoy cozy winters by the beautiful white brick fireplace and an open floor plan that keeps everyone connected. The spacious family room is perfect for hosting family gatherings and special events. Down the hallway you'll find the bedrooms and hallway bathroom, offering comfort and convenience. Step outside to a large backyard with plenty of space for a shed, play area or even pool. This home offers comfort, potential, and convenience all in one--schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 1.0 | 2.0 | 3% |
| Square foot | 1,225 | 1,765 | 10% |
| Lot Size | 7,485 | 7,828 | 46% |
| Price | $295.0K | $460.0K | 5% |
| Price per sq ft | $241 | $262 | 31% |
| Built year | 1954 | 1988 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 173 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$295,000
Initial Listing
Sold
May 5, 2023
$275,000
Public Record
Sold
Oct 10, 2003
$157,000
Public Record