690 Melva Avenue, Oakdale, CA 95361, Oakdale, 95361 - 5 bed, 3 bath
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690 Melva Avenue
Oakdale, CA 95361
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,265Sq Ft
6,500Lot Size
Property Price
LIST PRICE$520,000
EST. MARKET VALUE
$548,406
5% BelowMARKET VALUE
SUMMARY
This 5-bedroom residence presents a Strong Value Opportunity, listed at $520,000—positioned well below the $548,407 Fair Market Value by 5%. This valuation gap offers $28,407 in Instant Equity for the buyer. Featuring an updated kitchen and a private pool, the home maintains a Condition Rating of 4, balancing recent interior improvements with minor exterior maintenance needs. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, high-potential family home in Oakdale.
Estimated Market Value
$548,406+$28,406 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 690 Melva Avenue Subject 5 bd · 3 ba · 2,265 sqft · $242 | $520,000* List Price | 5 | 3 | 2,265 | $242 | - |
A 368 Nutcrest Court Sold 4 bd · 3 ba · 2,089 sqft · $266 · 0.3 mi | $555,000 | 4 | 3 | 2,089 | $266 | 0.3 mi |
B 1245 David Dr Sold 3 bd · 2 ba · 1,933 sqft · $287 · 0.1 mi | $555,000 | 3 | 2 | 1,933 | $287 | 0.1 mi |
C 748 Valley View Drive Active 4 bd · 3 ba · 2,580 sqft · $252 · 0.2 mi | $650,000 List Price | 4 | 3 | 2,580 | $252 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, the property is over 50 years old. While the description mentions an updated kitchen and fresh paint, the exterior photo shows significant deferred maintenance, including a cluttered yard, unkempt landscaping, and a second-story window that appears to be boarded or covered, indicating a need for minor repairs and general cleanup.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Family Layout
With 5 bedrooms and over 2,200 square feet of living space, this property offers exceptional value and flexibility for large families or multi-generational living.
- Modernized Interior
The home features a recently updated kitchen with new cabinets and appliances, along with fresh interior and exterior paint, providing a contemporary feel and move-in readiness.
- Outdoor Amenities
The backyard includes a private pool and a functional lot size, offering a premium recreational feature that is highly desirable in the Oakdale market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6500, other record lot size in square feet = 6098.
- Property Age
Built in 1974, the home may require future investments in aging infrastructure or systems not covered by the recent cosmetic updates.
- Limited Yard Space
The 6,500 square foot lot is relatively compact for a 5-bedroom home that includes a pool, leaving limited green space for gardening or additional outdoor activities.
About 690 Melva Avenue
This large 2,265 sqft 5bed/3bath home is the perfect place for you yours to continue expanding potential located near the Burchell Hill neighborhood of Oakdale, CA to call home. This home has an updated kitchen that opens up to a wonderful family room with rustic brick fireplace perfect for entertaining. The kitchen also boasts updated cabinets, and appliances adding to the modern feel of the home. Step outside into the backyard and you'll find a nice-sized space with plenty of potential for landscaping and outdoor living with pool. Recent home updates include fresh interior and exterior paint. This home is close to local amenities and schools.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,265 | 1,912.814 |
| Lot Size | 6,500 | 7,483.443 |
| Price | $520.0K | $567.6K |
| Price per sq ft | $230 | $306 |
| Built year | 1974 | 1990 |
| HOA | $0 | $126 |
| Days on market | 37 | 56 |
Pricing History
Listed for Sale
Sep 17, 2026
$520,000
Initial Listing
Sold
Sep 19, 2012
$130,000
Public Record
Sold
Jul 30, 2009
$175,000
Public Record
Sold
Nov 24, 2004
$344,000
Public Record