
Riverbank, CA 95367
This Value-Add Short Sale Opportunity is listed at $449,000, representing a stable acquisition at its $449,000 Fair Market Value. While the home carries a Condition Rating of 4 due to deferred maintenance and original 2003 finishes, it offers significant upside potential compared to its $510,000 previous sale price. The 4-bedroom layout features a private patio and is situated in a quiet cul-de-sac within walking distance to Crossroads Elementary and zoned for Ustach Middle and Enochs High School. This is a strategic project for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5421 Etherington Court Subject | $449,000* List Price | 4 | 3 | 1,753 | $256 | - |
A 2303 Gallery Drive Sold | $463,000 | 4 | 3 | 1,668 | $278 | 0.5 mi |
B 2237 Clock Tower Ct Sold | $489,800 | 3 | 2 | 1,607 | $305 | 0.5 mi |
C 5508 Hollyhock Way Sold | $480,000 | 3 | 2 | 1,690 | $284 | 0.2 mi |
D 2500 Novi Drive Sold | $556,000 | 3 | 2 | 1,826 | $304 | 0.4 mi |
E 5303 Spaulding Court Sold | $445,000 | 3 | 3 | 1,423 | $313 | 0.4 mi |
F 6025 Soares Place Sold | $415,000 | 3 | 2 | 1,283 | $323 | 0.7 mi |
G 6054 Kasper Drive Active | $499,900 List Price | 4 | 2 | 1,621 | $308 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is over 20 years old and retains many original features such as oak cabinetry and tile countertops that show signs of being outdated. While the flooring has been updated to a modern laminate and the kitchen includes stainless steel appliances, the home exhibits signs of deferred maintenance typical of a short sale, including missing cabinet components and general wear, necessitating minor repairs and cosmetic updates.
Situated in a quiet cul-de-sac, this property offers a safe and peaceful environment with minimal through traffic, making it ideal for families with children.
The home is conveniently located within walking distance to Crossroads Elementary and is zoned for highly-rated middle and high schools, including Enochs High.
Priced at $449,000—well below its 2023 sale price of $510,000—this property presents a strong value proposition for buyers looking to gain immediate market equity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5304, other record lot size in square feet = 5227.
As a short sale, the transaction is subject to lender approval, which typically involves a more complex and lengthy closing timeline than a traditional sale.
Short sale properties are often sold in as-is condition, which may require the buyer to budget for repairs or cosmetic updates that have been deferred by the current owner.
Short sale opportunity! 4-bedroom, 3-bath home in a quiet cul-de-sac, conveniently located near schools and shopping.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,753 | 1,708 | 54% |
| Lot Size | 5,304 | 5,959 | 38% |
| Price | $449.0K | $520.0K | 19% |
| Price per sq ft | $256 | $305 | 20% |
| Built year | 2003 | 1996 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 191 | 16% |
Dec 26, 2025
$449,000
Initial Listing
Oct 27, 2023
$510,000
Public Record
Jan 5, 2018
$340,000
Public Record