5033 Teixeira Way, Oakley, California 94561, Oakley, 94561 - 4 bed, 2 bath

5033 Teixeira Way, Oakley, California 94561 home-pic-0
ACTIVE$583,000
5033 Teixeira Way, Oakley, California 94561
4Beds
2Baths
1,476Sqft
6,000Lot

Price Vs. Estimate

The estimated value ($556,827.08) is $26,172.92 (4%) lower than the list price ($583,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Efficiency: Equipped with solar panels, an updated roof, and a new furnace, this home offers significant energy savings and reduced long-term maintenance costs.
Top Cons:
Recent Price Reductions: Multiple price drops from the original list price of $600,000 to the current $583,000 may suggest initial overpricing or challenges in attracting buyers at its perceived value.

Compared to the nearby listings

Price:$583.0K vs avg $660.0K ($-77,000)23%
Size:1,476 sqft vs avg 1,987 sqft25%
Price/sqft:$395 vs avg $34371%

More Insights

Built in 1994 (31 years old).
Condition: The property, built in 1994, is well-maintained with recent updates such as LVP flooring, solar panels, an updated roof, and furnace. However, the kitchen features older-style wood cabinets, basic tile flooring, and countertops that appear dated, despite some newer stainless steel appliances. The bathroom also shows an older vanity and light fixture. While functional and clean, these key areas would likely require cosmetic updates to meet current modern aesthetic standards, aligning with the 'Fair' condition criteria of being aged but maintained with functional yet outdated components.
Year Built
1994
Close
-
List price
$583K
Original List price
$600K
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
41116388
Home ConditionFair
Features
Patio
View-

About this home

Beautifully maintained single story home nestled in the heart of Oakley! Featuring 3 bedrooms, 2 full bathrooms, and an optional 4th room that can be used as an office or den. This home offers a modern, open concept layout along with updated LVP flooring and a cozy fireplace. Benefit from energy efficient features including solar panels, an updated roof and furnace. Enjoy the low maintenance backyard and the added convenience of side yard access for extra storage or recreational use. Conveniently located near shopping, dining, parks, and the Delta! BUYER INCENTIVES, see Agent Remarks or call for details.

Nearby schools

4/10
Vintage Parkway Elementary School
Public,K-50.4mi
3/10
Delta Vista Middle School
Public,6-81.9mi
6/10
Freedom High School
Public,9-122.1mi

Price History

Date
Event
Price
06/13/95
Sold
$150,000
09/07/94
Sold
$20,000
11/07/14
Sold
$315,000
03/31/09
Sold
$168,000
08/31/05
Sold
$492,500
Condition Rating
Fair

The property, built in 1994, is well-maintained with recent updates such as LVP flooring, solar panels, an updated roof, and furnace. However, the kitchen features older-style wood cabinets, basic tile flooring, and countertops that appear dated, despite some newer stainless steel appliances. The bathroom also shows an older vanity and light fixture. While functional and clean, these key areas would likely require cosmetic updates to meet current modern aesthetic standards, aligning with the 'Fair' condition criteria of being aged but maintained with functional yet outdated components.
Pros & Cons

Pros

Energy Efficiency: Equipped with solar panels, an updated roof, and a new furnace, this home offers significant energy savings and reduced long-term maintenance costs.
Flexible Living Space: The property features 3 bedrooms, 2 full bathrooms, and an optional 4th room that can serve as an office or den, providing versatile space for various lifestyle needs.
Prime Location & Amenities: Nestled in the heart of Oakley, it boasts convenient access to shopping, dining, parks, and the Delta, enhancing its appeal for a vibrant community lifestyle.
Move-in Ready Condition: Described as 'beautifully maintained' with updated LVP flooring and an open concept layout, the home is ready for immediate occupancy with modern aesthetics.
Practical Outdoor Features: The low-maintenance backyard and convenient side yard access for extra storage or recreational use add functional value and ease of living.

Cons

Recent Price Reductions: Multiple price drops from the original list price of $600,000 to the current $583,000 may suggest initial overpricing or challenges in attracting buyers at its perceived value.
Middle School Rating: The assigned Delta Vista Middle School has a rating of 3, which might be a consideration for families prioritizing higher-rated educational institutions.
Potential for Older Systems: While the roof and furnace are updated, the 1994 build year means other core systems (e.g., plumbing, electrical, windows) may be original and could require future attention or replacement.

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