5536 Kermit Lane, Stockton, CA 95207, Stockton, 95207 - 2 bed, 1 bath
ACTIVE$299,900$936/sqft
Est. Value: $219,491
-26%
AboveEstimate
5536 Kermit Lane, Stockton, CA 95207
2Beds
1Bath
936Sqft
6,299Lot
Price Vs. Estimate
The estimated value ($219,490.845) is $80,409.155 (26%) lower than the list price ($299,900). This property may be overpriced.
Key pros and cons
Top Pros:
Affordable Entry Price: Listed at $299,900, this property offers an accessible price point for first-time buyers or investors looking to enter the Stockton market.
Top Cons:
Limited Living Space: At 936 sqft with 2 bedrooms and 1 bathroom, the home offers relatively small living quarters, which may not accommodate larger households or those desiring more expansive rooms.
Compared to the nearby listings
Price:$299.9K vs avg $417.5K ($-117,600)24%
Size:936 sqft vs avg 1,592.5 sqft4%
Price/sqft:$320 vs avg $25890%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962, the property has some recent cosmetic updates like new flooring and a renovated bathroom. However, the kitchen is incomplete, missing major appliances (stove/oven, refrigerator) and having unfinished walls. This requires substantial repairs and rehabilitation to make the home fully functional and livable.
Year Built
1962
Close
-
List price
$300K
Original List price
-
Price/Sqft
$320
HOA
$0
Days on market
-
Sold On
-
MLS number
225120482
Home ConditionPoor
Features
View-
About this home
Charming 2 bed 1 bathroom home just under 1,000 square feet. Home has a favorbale layout and a large yard.
A
Andrew Hernandez
Listing Agent
Nearby schools
/10
Valenzuela Elementary School
Public,•K-8•0.8mi
4/10
Maxine Hong Kingston Elementary School
Public,•K-8•0.8mi
3/10
Adams Elementary School
Public,•K-8•0.9mi
2/10
Pulliam Elementary School
Public,•K-8•1.2mi
2/10
Kennedy Elementary School
Public,•K-8•2.1mi
5/10
Sierra Middle School
Public,•7-8•2.1mi
2/10
Stagg Senior High School
Public,•5-12•1.9mi
Price History
Date
Event
Price
04/08/21
Sold
$339,500
08/03/18
Sold
$239,000
10/06/14
Sold
$126,500
10/20/09
Sold
$50,000
Condition Rating
Poor
Built in 1962, the property has some recent cosmetic updates like new flooring and a renovated bathroom. However, the kitchen is incomplete, missing major appliances (stove/oven, refrigerator) and having unfinished walls. This requires substantial repairs and rehabilitation to make the home fully functional and livable.
Pros & Cons
Pros
Affordable Entry Price: Listed at $299,900, this property offers an accessible price point for first-time buyers or investors looking to enter the Stockton market.
Spacious Yard: With a lot size of 6,299 sqft, the property boasts a 'large yard,' providing valuable outdoor space for recreation, gardening, or potential future expansion.
Efficient Layout: The description notes a 'favorable layout,' indicating a well-designed interior that maximizes the utility of its 936 square feet.
No HOA Dues: The absence of an association fee means lower monthly carrying costs for the homeowner, enhancing affordability.
Potential for Value Appreciation: The property previously sold for $339,500 in 2021, which is higher than the current list price, suggesting a potential opportunity for immediate equity or a favorable purchase price.
Cons
Limited Living Space: At 936 sqft with 2 bedrooms and 1 bathroom, the home offers relatively small living quarters, which may not accommodate larger households or those desiring more expansive rooms.
Age of Property: Built in 1962, the home is over 60 years old, potentially indicating the need for updates to major systems (HVAC, plumbing, electrical) or cosmetic renovations to meet modern standards.
Lack of Modern Amenities/Updates: The description does not mention any recent renovations or modern features, implying that the property may require significant investment to update its aesthetics and functionality.