6073 Preakness Dr, Riverbank, CA 95367, Riverbank, 95367 - 3 bed, 2 bath
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6073 Preakness Dr
Riverbank, CA 95367
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,134Sq Ft
4,230Lot Size
Property Price
LIST PRICE$395,000
EST. MARKET VALUE
$420,404
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $395,000—positioned well below the $420,405 Fair Market Value by 6%. This valuation gap offers $25,405 in Instant Equity for the buyer. Featuring Paid-Off Solar, fresh paint, and new carpet, the home maintains a Fair Condition Rating with move-in readiness. Its scenic Park View and proximity to local schools enhance its appeal. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance, energy-efficient lifestyle.
Estimated Market Value
$420,404+$25,404 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverbank.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6073 Preakness Dr Subject 3 bd · 2 ba · 1,134 sqft · $371 | $395,000* List Price | 3 | 2 | 1,134 | $371 | - |
A 6024 Soares Place Sold 2 bd · 2 ba · 1,111 sqft · $405 · 0.9 mi | $450,000 | 2 | 2 | 1,111 | $405 | 0.9 mi |
B 3404 High St Sold 2 bd · 2 ba · 972 sqft · $360 · 0.9 mi | $350,000 | 2 | 2 | 972 | $360 | 0.9 mi |
C 6072 Preakness Drive Pending 4 bd · 2 ba · 1,232 sqft · $304 · 0.0 mi | $374,900 List Price | 4 | 2 | 1,232 | $304 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1995 (29 years old), placing it in the 'Fair' category based on age. While it features excellent cosmetic updates including fresh interior/exterior paint, brand-new carpet, and updated stainless steel appliances, the kitchen cabinets and countertops appear to be original to the build and are dated. The home is well-maintained and move-in ready, but lacks a full modern renovation of the primary systems and wet areas.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features fully paid-off solar panels, offering significant long-term utility savings and immediate financial value without the burden of ongoing lease payments.
- Turnkey Condition
With fresh interior and exterior paint combined with brand-new carpeting throughout, the home is in move-in-ready condition, minimizing immediate renovation costs for the buyer.
- Desirable Park Views
The home benefits from a scenic park view, which enhances the property's aesthetic appeal and provides a sense of openness and privacy within the Churchill Down subdivision.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4230, other record lot size in square feet = 3920.
- Compact Living Space
At 1,134 square feet for a three-bedroom residence, the interior layout may feel constrained for buyers seeking spacious common areas or larger bedroom dimensions.
- Limited Lot Size
The 4,230 square foot lot is relatively small for the area, which may limit outdoor recreational space, gardening potential, or future structural expansions.
About 6073 Preakness Dr
PAID-OFF SOLAR! Welcome to this beautiful Riverbank home featuring 3 bedrooms and 2 bathrooms, offering comfort, style, and convenience for today's homeowner. Enjoy the peace of mind of fully paid-off solar, helping you save on energy costs without the burden of solar payments. Fresh interior and exterior paint give the home a clean, refreshed look, while brand-new carpet adds warmth and comfort throughout. The low-maintenance front yard offers easy upkeep, while the backyard provides plenty of space to let your green thumb shine, whether you dream of colorful flower beds, a thriving vegetable garden, or your own private outdoor oasis. Conveniently located near great schools and everyday amenities, this home is a wonderful opportunity to enjoy comfortable living in Riverbank. Don't miss your chance to make this lovely property yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 4,230 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,134 | 1,605.59 |
| Lot Size | 4,230 | 6,069.359 |
| Price | $395.0K | $481.8K |
| Price per sq ft | $348 | $296 |
| Built year | 1995 | 1996 |
| HOA | $0 | $141 |
| Days on market | 8 | 48 |
Pricing History
Listed for Sale
Oct 16, 2026
$395,000
Initial Listing
Sold
Mar 24, 1999
$66,000
Public Record
Sold
Sep 13, 1996
$98,000
Public Record