495 Cherry Lane B, Manteca, CA 95337, Manteca, 95337 - 2 bed, 1 bath
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Manteca, CA 95337
This Ground-Floor Condominium is a Strong Value Opportunity, listed at $204,900—positioned well below the $221,225 Fair Market Value by 7%. This valuation gap provides $16,325 in Instant Equity. The home maintains a Condition Rating of 3, featuring Updated Flooring, new interior paint, and a Private Patio. Residents benefit from a Community Pool and proximity to Manteca High School. This turnkey unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 495 Cherry Lane B Subject | $199,900* List Price | 2 | 1 | 944 | $233 | - |
A 495 Cherry Lane G Sold | $209,000 | 2 | 1 | 944 | $221 | 0.0 mi |
B 479 Cherry Lane A Sold | $189,000 | 2 | 1 | 944 | $200 | 0.0 mi |
C 455 Cherry Lane K Sold | $213,000 | 2 | 1 | 944 | $226 | 0.1 mi |
D 414 Cherry Lane A Sold | $215,000 | 2 | 1 | 941 | $228 | 0.2 mi |
E 480 Cherry Ln E Active | $247,000 List Price | 2 | 1 | 941 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates including new interior paint, updated laminate flooring in the living areas, and modern stainless/black kitchen appliances. While the wood cabinetry, fluorescent kitchen lighting, and popcorn ceilings are dated and reflect the 1985 construction, the home has been well-maintained with updated stone countertops in the kitchen and bathroom, making it functional and turnkey for a buyer.
The property features significant recent updates including new paint, updated flooring in living areas, and modern kitchen appliances, offering a turnkey experience for the buyer.
As a ground-floor unit, this home provides easy access without the need for stairs and includes a private patio, enhancing both convenience and outdoor living options.
The condo is ideally situated with close proximity to parks, schools, shopping centers, and major freeway access, making it a convenient choice for commuters and families.
The monthly HOA fee of $752 is notably high relative to the listing price, which significantly increases the total monthly cost of ownership and may impact buyer qualification.
With only one bathroom serving two bedrooms, the layout may be less appealing to roommates or small families compared to units offering a second half or full bath.
Welcome HOME to Cherry Lane! This ground floor condo home at 495 Cherry Lane #B, offers 2 bedrooms and 1 bath with just under 1000 square feet of living space. The cozy yet open floor plan provides space to relax and entertain. Enjoy the galley style kitchen featuring updated appliances. This move-in ready home also has new paint, updated flooring in the living areas and a stackable washer & dryer, included. Outside, a private patio offers a delightful setting for relaxation and contemplation. Or head over to the community pool and hot tub and get to know your neighbors. Centrally located with parks, schools, shopping and freeway access, all nearby.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades K-8 • 1.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 944 | 944 | 50% |
| Lot Size | 923 | 923 | 50% |
| Price | $199.9K | $213.0K | 29% |
| Price per sq ft | $212 | $226 | 29% |
| Built year | 1985 | 1985 | 50% |
| HOA | $752 | $650 | 71% |
| Days on market | 62 | 78 | 14% |
Apr 14, 2026
$199,900
$204,900
-2% Price Drop
Initial Listing
Mar 13, 2026
$204,900
$209,900
-2% Price Drop
Initial Listing
Feb 19, 2026
$209,900
Initial Listing
Nov 1, 2013
$68,000
Public Record
Mar 26, 2008
$114,000
Public Record
Mar 23, 2006
$238,000
Public Record