
Magalia, California 95954
This property presents a High-Potential Investment Opportunity with a List Price of $224,900—positioned slightly above the $222,937 Fair Market Value. While the home carries a Condition Rating of 4, it features owned solar and a large .26-acre lot with RV parking, providing significant utility. The property requires modernization of dated interior elements to reach its full potential. As a Fannie Mae HomePath listing, it offers specific financial incentives for qualified buyers. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6131 Dana Circle Subject | $224,900* List Price | 2 | 2 | 1,272 | $175 | - |
A 14405 Clarion Way Sold | $247,432 | 3 | 2 | 1,402 | $176 | 1.0 mi |
B 14697 Bridgeport Sold | $177,000 | 2 | 1 | 912 | $194 | 0.3 mi |
C 6032 Tiffin Court Sold | $217,000 | 2 | 2 | 1,275 | $170 | 0.5 mi |
D 14689 Carnegie Sold | $290,000 | 3 | 2 | 1,578 | $184 | 0.1 mi |
E 6234 Kilgord Court Sold | $250,000 | 3 | 3 | 1,482 | $169 | 0.4 mi |
F 6065 Abraham Court Active | $257,500 List Price | 2 | 2 | 1,534 | $168 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the home features some cosmetic updates like laminate flooring and paint. However, the kitchen and bathrooms are dated with original cabinetry, tile counters, and worn vinyl flooring. While functional and featuring owned solar, the property requires modernization and minor repairs to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1272.
The inclusion of an owned solar system provides significant long-term value and reduced monthly utility expenses for the homeowner.
As a Fannie Mae HomePath property, eligible first-time buyers can receive up to 3% in closing cost assistance, significantly lowering the initial investment required.
Being a HomePath property typically indicates a foreclosure sale, which often involves 'as-is' conditions and limited seller disclosures regarding the home's history.
Despite some updates, the 1981 construction and features like tile countertops may require further modernization to meet contemporary buyer preferences and standards.
This welcoming 2-bedroom, 2-bath home sits on a generous .26-acre lot and offers a thoughtful blend of stylish updates, natural light, and outdoor space perfect for entertaining or everyday relaxation. The living room centers on a dramatic floor-to-ceiling stone fireplace with built-ins, creating a warm focal point for gatherings. The home features laminate flooring throughout the main living areas, with ample white cabinetry and tile counters in the well-lit kitchen for practical cooking and storage. The primary suite includes double closets with convenient sliding door access to the rear deck, while a secondary bedroom plus bonus room adds flexible space to fit your needs. Enjoy a large rear deck and fully fenced yard shaded by mature trees. Owned solar, shed, wood storage, RV parking, and attached 2 car garage. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on Homepath.com. Attach certificate to offer up to 3% closing cost assistance. Check HomePath.com for more details. Restrictions apply.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,272 | 1,564 |
| Lot Size | 11,326 | 11,761 |
| Price | $224.9K | $286.2K |
| Price per sq ft | $177 | $177 |
| Built year | 1981 | 1999 |
| HOA | $280.0 | $305 |
| Days on market | 2 | 107 |
Jul 20, 2026
$224,900
Initial Listing
Jun 21, 2021
$295,000
Public Record
Mar 8, 2019
$210,000
Public Record
Aug 5, 2014
$65,500
Public Record
Jul 31, 2014
$130,000
Public Record
Jul 22, 2003
$170,500
Public Record
Jun 11, 1999
$117,500
Public Record