507 Gerard Drive, Lodi, CA 95242, Lodi, 95242 - 3 bed, 2 bath
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Lodi, CA 95242
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $499,000—positioned well below the $512,083 Fair Market Value by 2%. This valuation gap offers $13,083 in Instant Equity for the buyer. Featuring a Remodeled Kitchen, New Roof, and Updated Flooring, the property maintains a Condition Rating of 2, ensuring a move-in ready experience. With its functional layout and private patio, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a high-quality, low-maintenance lifestyle in Lodi.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 Gerard Drive Subject | $499,000* List Price | 3 | 2 | 1,380 | $371 | - |
A 1421 Graffigna Sold | $466,200 | 3 | 2 | 1,277 | $365 | 0.1 mi |
B 2013 Jerry Lane Sold | $538,000 | 3 | 2 | 1,548 | $348 | 0.6 mi |
C 418 Gerard Drive Sold | $455,000 | 2 | 2 | 1,405 | $324 | 0.0 mi |
D 2312 Burton Way Sold | $490,000 | 3 | 2 | 1,242 | $395 | 0.8 mi |
E 400 Tioga Drive Sold | $550,000 | 3 | 2 | 1,636 | $336 | 0.8 mi |
F 32 S Corinth Avenue Sold | $440,000 | 3 | 1 | 1,114 | $395 | 0.5 mi |
G 1818 Capell Drive Sold | $455,000 | 3 | 2 | 1,200 | $379 | 0.7 mi |
H 1507 W Locust Street Sold | $440,000 | 2 | 1 | 1,363 | $323 | 0.3 mi |
I 501 Cross Street Pending | $474,900 List Price | 3 | 2 | 1,326 | $358 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1958, the property has undergone a comprehensive recent renovation (likely <5 years) including a new roof, a fully remodeled kitchen with stainless steel appliances and stone countertops, renovated bathrooms, and updated flooring and lighting throughout, making it move-in ready with no immediate maintenance required.
The property is move-in ready featuring a new roof, fresh exterior paint, and fully remodeled kitchen and bathrooms, significantly reducing immediate maintenance costs for the buyer.
Situated in a desirable Lodi neighborhood, the home offers excellent proximity to local shopping, dining, and parks, providing both community charm and everyday convenience.
The 1,380 square foot floor plan is efficiently designed to include three bedrooms and the high-demand convenience of an interior laundry room, maximizing the home's utility.
Originally built in 1958, the property may possess underlying structural or utility characteristics typical of its era that were not addressed by the recent cosmetic and surface-level renovations.
At 1,380 square feet, the home may feel restrictive for larger families or buyers seeking expansive common areas and dedicated home office spaces.
Welcome home to this beautifully updated 3-bedroom, 2-bath residence nestled in an established Lodi neighborhood. Thoughtfully refreshed with today's buyer in mind, this move-in ready home features a new roof, fresh exterior paint, updated lighting, stylish flooring, a beautifully remodeled kitchen, and tastefully renovated bathrooms. The inviting floor plan offers approximately 1,380 square feet of comfortable living space, including the convenience of an interior laundry room. Whether you're enjoying quiet evenings at home or entertaining family and friends, this home offers the perfect blend of comfort and functionality. Ideally located just minutes from shopping, dining, parks, and everyday amenities, you'll appreciate both the charm of the neighborhood and the convenience of the location. This is a wonderful opportunity to enjoy all that Lodi has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,380 | - |
| Lot Size | 6,599 | - |
| Price | $499.0K | $585.8K |
| Price per sq ft | $362 | $325 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 67 |
Jun 17, 2026
$499,000
Initial Listing
Oct 16, 2013
$204,500
Public Record