8837 Terrarama, Spring Valley, California 91977, Spring Valley, 91977 - 3 bed, 2 bath
Loading property details...
Spring Valley, California 91977
This Renovated Townhome is a Strong Value Opportunity, listed at $550,000—positioned well below the $576,852 Fair Market Value by 4%. This valuation gap offers $26,852 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a Granite Kitchen, Attached Garage, and a private cul-de-sac location. With proximity to Bancroft Elementary and La Mesa Arts Academy, this property balances financial stability with a turnkey lifestyle. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8837 Terrarama Subject | $550,000* List Price | 3 | 2 | 1,125 | $513 | - |
A 2014 Terraspiro Ave Sold | $525,000 | 2 | 2 | 968 | $542 | 0.1 mi |
B 1632 Presioca St 3 Sold | $435,000 | 2 | 2 | 930 | $468 | 0.6 mi |
C 1604 Presioca Street 5 Active | $439,900 List Price | 2 | 2 | 1,036 | $425 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a recent high-quality renovation within the last 5 years. It features a newly repainted interior, modern granite countertops, stainless steel appliances, updated tile and laminate flooring, and refreshed bathroom vanities, making it move-in ready and mint condition.
Situated at the end of a quiet cul-de-sac with no neighbors on one side or behind, this unit offers a rare level of seclusion and a single-family home feel.
The interior features modern renovations including granite countertops, new paint, and tile flooring, allowing for immediate occupancy without additional capital expenditure.
The inclusion of a bright sunroom/family room and an attached one-car garage with direct access provides functional square footage and convenience often missing in standard townhomes.
With only 1.5 bathrooms serving three bedrooms, the layout may be less convenient for larger households or when hosting guests.
The $400 monthly association fee increases the total cost of ownership, which may impact the budget for buyers sensitive to non-equity-building monthly costs.
Welcome home to this beautifully renovated 3 bedroom, 1.5 bath townhome nestled at the end of a quiet cul-de-sac in one of the community's most desirable locations. With no neighbors on one side or behind you, you'll enjoy a rare sense of privacy that's hard to find. As single-family home prices continue to climb, this home offers many of the same features buyers are looking for, space, privacy, an attached garage, and a quiet neighborhood at a more affordable price. This spacious two story floor plan offers approximately 1,125 sq. ft. of comfortable living, featuring a newly repainted interior, granite kitchen countertops, tile flooring and a bright sunroom/family room that's perfect for relaxing or entertaining. The attached one car garage provides direct access into the home, while the community pool is the perfect place to cool off during San Diego's warm summer days. Conveniently located near shopping, dining, parks, schools, and freeway access, this move-in-ready home is an outstanding opportunity for buyers looking for the feel of a single-family home without the single-family price tag.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
Grades K-3 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,125 | 970 |
| Lot Size | 6,399 | 166,868.5 |
| Price | $550.0K | $562.7K |
| Price per sq ft | $489 | $494 |
| Built year | 1973 | 1980 |
| HOA | $400.0 | $463 |
| Days on market | 2 | 48 |
Jul 20, 2026
$550,000
Initial Listing
Jan 10, 2014
$125,000
Public Record