
Stockton, CA 95207
This 3-bedroom condominium is a High-Potential Investment Opportunity, listed at $199,000—positioned well below the $206,541 Fair Market Value by 3%. This valuation gap offers $7,541 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent upgrades like new flooring, modern vanities, and a new dishwasher. With a functional layout and private deck and patio, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready asset in Stockton.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Salem Way Subject | $199,000* List Price | 3 | 2 | 1,307 | $158 | - |
A 4401 Townehome Drive Sold | $195,000 | 3 | 2 | 1,116 | $175 | 0.1 mi |
B 4462 Townehome Drive Active | $199,900 List Price | 3 | 2 | 1,116 | $179 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features recent updates including brand new flooring on the upper level, new bathroom vanities, and a new dishwasher. The property is move-in ready and well-maintained, though some original elements like the main floor tile and popcorn ceilings remain.
Priced under $200,000 for a 3-bedroom, 1,307 sqft unit, this property offers an excellent entry point for first-time buyers or a high-yield opportunity for investors in the Stockton market.
The home features several recent upgrades, including new bathroom vanities, modern lighting, a new dishwasher, and fresh flooring, ensuring a move-in-ready experience for the new owner.
With three generously sized bedrooms and an open floor plan, the property provides ample space and flexibility for families, guests, or a dedicated home office.
The monthly HOA fee of $450 is a significant recurring expense that increases the total carrying cost and may impact the purchasing power of budget-conscious buyers.
Built in 1972, the property may face challenges associated with older construction, potentially requiring future capital improvements to common areas or building systems.
Welcome home to this charming 3-bedroom, 2-bathroom condo nestled in one of Stockton's most convenient communities. Whether you're a first-time buyer, savvy investor, or simply looking for more space, this move-in ready home is the one. Step inside to a bright, open layout designed for comfortable everyday living. Three generously sized bedrooms offer plenty of flexibility, perfect for a growing family, a home office, or guest space. Both bathrooms have been thoughtfully updated with brand new vanities, modern mirrors, and new lighting, giving each space a fresh and stylish feel. The kitchen features a brand new dishwasher, making everyday living easier. Beautiful new flooring on the stairs and throughout the upper level adds a polished finishing touch that ties the whole home together. Recent repairs and upgrades throughout give you the confidence of moving into a home that has been carefully maintained. Conveniently located in Stockton, 540 Salem Way offers easy access to everyday essentials, dining, and commuter routes, simplifying daily life.
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 | 1,307 | - |
| Lot Size | - | - |
| Price | $199.0K | $221.5K |
| Price per sq ft | $152 | $215 |
| Built year | 1972 | 0 |
| HOA | $450 | $0 |
| Days on market | 15 | 57 |
Jul 7, 2026
$199,000
Initial Listing
Mar 27, 2009
$22,000
Public Record
May 18, 2006
$169,500
Public Record
Jul 15, 2005
$85,000
Public Record