525 El Rio Street, Watsonville, California 95076, Watsonville, 95076 - 2 bed, 1 bath
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525 El Rio Street
Watsonville, California 95076
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
930Sq Ft
3,136Lot Size
Property Price
LIST PRICE$515,000
EST. MARKET VALUE
$483,432
6% AboveMARKET VALUE
SUMMARY
This 55+ community residence represents a Strong Value Opportunity, listed at $515,000—positioned above the $483,432 Fair Market Value. While the property requires interior modernization, the Fair Condition Rating is offset by a new roof and fresh carpet. The home features a traditional brick fireplace and a dedicated gardening area, offering a serene lifestyle for residents. Given the restricted 55+ demographic and the need for cosmetic updates, this property is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a manageable, low-fee project in a quiet setting.
Estimated Market Value
$483,432
Based on Realkey algorithm analyzing recent comparable sales in Watsonville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 El Rio Street Subject | $515,000* List Price | 2 | 1 | 930 | $520 | - |
A 415 Spruce Circle Sold | $475,000 | 2 | 1 | 913 | $520 | 0.1 mi |
B 8 Carita Court Sold | $489,000 | 2 | 1 | 827 | $591 | 0.1 mi |
C 517 Tuttle Avenue Active | $499,000 List Price | 2 | 1 | 930 | $537 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976 (48 years old) with a kitchen and bathroom that appear largely original or over 30 years old. While the listing notes a new roof and fresh carpet, the worn cabinetry, dated laminate countertops, and aged fixtures fall into the poor category requiring a full interior rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a brand-new roof and fresh carpeting, significantly reducing immediate maintenance concerns and move-in costs for the buyer.
- Exceptional Value and Low Fees
Offered at a competitive price point for a single-family residence, the home also benefits from a very low $30 monthly association fee, maximizing affordability.
- Outdoor Lifestyle Features
The backyard includes a dedicated gardening area and a serene setting, providing a perfect space for outdoor hobbies and relaxation in a quiet community.
CONSRISKS & DEFICIENCIES
- Restricted Buyer Demographic
As a 55+ community residence, the property has a limited pool of potential buyers, which can impact future resale speed and market reach.
- Limited Bathroom Facilities
The home offers only one bathroom for two bedrooms, which may be a drawback for those who prioritize convenience or frequently host guests.
About 525 El Rio Street
Welcome to 525 El Rio! This 2-bedroom, 1-bath home is nestled on a quiet street within a 55+ community, offering the perfect blend of comfort and convenience. Recently updated with a new roof and fresh carpet, this property presents an excellent opportunity for you to add your personal touch and make it your own. Offering exceptional value, this inviting residence features a traditional brick fireplace that creates a warm and welcoming living space. The backyard includes a dedicated gardening area, perfect for planting flowers, herbs, or your favorite vegetables. Relax in a serene setting while enjoying all that this well-maintained community has to offer. Don't miss this chance to create the home you've always dreamed of - come see 525 El Rio today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 3,136 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $30.0 / Month
Neighborhood Insights
Watsonville Unified Schools
Ann Soldo Elementary School
Grades K-5 • 0.4 mi
3/10
Lakeview Middle School
Grades 6-8 • 1.2 mi
3/10
Watsonville High School
Grades 9-12 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 1.0 | 2.0 |
| Square foot | 930 | 1,198.231 |
| Lot Size | 3,136 | 6,133.615 |
| Price | $515.0K | $816.1K |
| Price per sq ft | $554 | $618 |
| Built year | 1976 | 1966 |
| HOA | $30.0 | $320 |
| Days on market | 40 | 57 |
Pricing History
Listed for Sale
Jul 31, 2026
$515,000
Initial Listing