507 Lady Slipper Lane, Newman, CA 95360, Newman, 95360 - 3 bed, 2 bath
507 Lady Slipper Lane
Newman, CA 95360
Property Price
SUMMARY
Analysis of 507 Lady Slipper Lane, Newman, CA 95360 reveals a property with a current list price of $440,000, which is 7% above the estimated $409,094 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Newman 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 |
|---|---|---|---|---|---|---|
★ 507 Lady Slipper Lane Subject | $440,000* List Price | 3 | 2 | 1,103 | $371 | - |
A 1233 Amy Drive Sold | $409,000 | 3 | 2 | 1,144 | $358 | 0.4 mi |
B 1506 Lochbrea Place Sold | $380,000 | 3 | 1 | 1,000 | $380 | 0.5 mi |
C 1351 Barrington Avenue Sold | $390,000 | 3 | 2 | 1,150 | $339 | 0.3 mi |
D 1335 Eucalyptus Avenue Sold | $395,000 | 4 | 2 | 1,328 | $297 | 0.3 mi |
E 613 Ranee Court Active | $380,000 List Price | 3 | 2 | 1,090 | $349 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several recent interior updates that elevate its condition beyond its 1993 build date. Key improvements include a renovated kitchen with Corian countertops and a modern workstation barn sink, new interior paint, and laminate flooring. The home appears well-maintained with functional central heating and cooling systems, and the exterior offers added value with a pergola and shed, meeting the criteria for a well-maintained home with updated components.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Outdoor Space
The property features a spacious 6,403 sq ft corner lot with RV parking potential, a pergola with grape vines, and a shed, offering exceptional outdoor utility and entertainment value.
- Modern Interior Updates
Recent improvements including an updated kitchen with Corian countertops, a workstation barn sink, and fresh interior paint provide a move-in-ready experience for buyers.
- Desirable Neighborhood Location
Ideally situated across from a park and near a new school, this home offers a family-friendly environment with convenient access to Highway I-5 for commuters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6408, other record lot size in square feet = 6663.
- Converted Garage
The garage has been converted into living space, which eliminates traditional covered vehicle parking and may impact storage options for some homeowners.
- Compact Living Area
At 1,103 square feet, the interior living space is relatively modest, which may be a constraint for growing families or those requiring more square footage.
About 507 Lady Slipper Lane
Charming Corner-Lot Home in Newman, CA Welcome to 507 Lady Slipper Lane a delightful 3-bedroom, 2-bathroom single-family home nestled on a spacious 6,403 sq ft corner lot. Built in 1993, this cozy residence offers an open floor plan, laminate flooring, and a large backyard, perfect for entertaining or relaxing under the California sun, the backyard has RV parking possibility, pergola with grape vines, matured Lacebark Elms/Chinese Elem tree, updated kitchen with Corian countertop, workstation barn sink, converted garage, new interior paint, shed with bar flatform on the side, front automatic sprinkler ✨ Highlights: 1,103 sq ft of living space Converted car garage Central heating and cooling Located near a new school, across the park Ideal for first-time buyers or investors 📍 Prime Location: Situated in the Oakwood Terrace neighborhood, this home offers easy access to local schools, parks, and shopping nearby. Easy access to Hwy 1-5 with 1 hr. 37 minutes by car to San Jose Bay Area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 6,408 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,103 | 1,330 | 13% |
| Lot Size | 6,408 | 5,998 | 62% |
| Price | $440.0K | $409.0K | 56% |
| Price per sq ft | $399 | $286 | 98% |
| Built year | 1993 | 2005 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 225 | 191 | 60% |
Pricing History
Listed for Sale
Jul 25, 2025
$440,000
Initial Listing
Sold
Jul 27, 2012
$80,000
Public Record
Sold
Jun 13, 2003
$185,000
Public Record
Sold
Jul 24, 1998
$87,500
Public Record