662 Cedar Mountain Drive, Newman, CA 95360, Newman, 95360 - 4 bed, 2 bath
662 Cedar Mountain Drive
Newman, CA 95360
Property Price
SUMMARY
Analysis of 662 Cedar Mountain Drive, Newman, CA 95360 reveals a Prime Investment Opportunity with a current list price of $520,000—significantly undercutting the $549,220 Fair Market Value by 5%. This valuation gap indicates a +$29,220 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Newman Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 662 Cedar Mountain Drive Subject | $520,000* List Price | 4 | 2 | 2,838 | $194 | - |
A 622 Crevison Peak Drive Sold | $460,000 | 3 | 2 | 2,325 | $198 | 0.3 mi |
B 650 Cedar Mountain Drive Sold | $455,000 | 3 | 2 | 2,919 | $156 | 0.0 mi |
C 317 Northampton Way Sold | $485,000 | 3 | 2 | 2,091 | $232 | 0.8 mi |
D 345 Cinnamon Teal Way Sold | $565,000 | 4 | 3 | 2,435 | $232 | 0.8 mi |
E 228 Northampton Way Sold | $470,000 | 4 | 2 | 2,091 | $225 | 0.8 mi |
F 429 Red Lion Way Pending | $565,000 List Price | 4 | 3 | 2,891 | $195 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age range for a 'good' rating and is presented as move-in ready. The interior features updated laminate flooring throughout, which provides a modern aesthetic compared to original carpeting. While the kitchen contains dated tile countertops and builder-grade cabinetry typical of the mid-2000s, the appliances are functional and the home appears well-maintained. The primary bathroom is well-equipped with a separate tub and shower, and the overall size and turnkey nature of the home meet current quality standards for its age without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Living Space
Boasting 2,838 square feet, this residence offers a significantly larger footprint than typical four-bedroom homes, providing ample room for families and entertaining.
- Turnkey Interior
The home is move-in ready with modern laminate flooring throughout and a primary suite featuring a separate oversized tub and stall shower for a spa-like experience.
- Exceptional Value
At a list price of $520,000, the property offers a highly competitive price-per-square-foot for a 2005-built home, representing a strong investment in the Newman market.
CONSRISKS & DEFICIENCIES
- Dated Kitchen Finishes
The kitchen features tile countertops, which may be considered less desirable or dated compared to modern quartz or granite surfaces preferred by today's buyers.
- Moderate School Ratings
The local high school carries a rating of 5, which may be a drawback for families specifically seeking top-tier academic performance metrics.
About 662 Cedar Mountain Drive
Welcome to your new home in the charming city of Newman! This spacious 4-bedroom, 2- 1/2 bathroom residence offers 2,838 sq ft of comfortable living space. The kitchen is a chef's delight, featuring gas hookups, a microwave, oven range, tile countertops, pantry, and refrigerator, making meal preparation a breeze. The home boasts laminate flooring throughout, providing a clean and modern aesthetic. The primary bathroom is equipped with double sinks, an oversized tub, and a stall shower, enhancing your daily routine. For added convenience, the laundry area includes both 110V and 220V electricity hookups in the utility room. This home is part of the Newman-Crows Landing Unified School District, offering accessible education options. Additional amenities include walk-in closets and central AC for year-round comfort. Don't miss out on the opportunity to make this Newman home your own! Move-in ready and impressive in size.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 7,912 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newman Unified Schools
Orestimba High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,838 | 1,486 | 93% |
| Lot Size | 7,912 | 5,998 | 82% |
| Price | $520.0K | $409.0K | 89% |
| Price per sq ft | $183 | $286 | 7% |
| Built year | 2005 | 2005 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 191 | 2% |
Pricing History
Listed for Sale
Jan 17, 2026
$520,000
Initial Listing
Sold
May 15, 2012
$110,000
Public Record
Sold
Oct 25, 2011
$129,000
Public Record
Sold
Sep 12, 2005
$442,500
Public Record