888 Cherrywood Way 14, El Cajon, California 92021, El Cajon, 92021 - 2 bed, 3 bath
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888 Cherrywood Way 14
El Cajon, California 92021
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,024Sq Ft
53,563Lot Size
Property Price
LIST PRICE$405,000
EST. MARKET VALUE
$436,297
7% BelowMARKET VALUE
SUMMARY
This townhome-style condo presents a Strong Value Opportunity, listed at $405,000—positioned well below the $436,297 Fair Market Value by 7%. This valuation gap offers $31,297 in Instant Equity for the buyer. The property maintains a Good Condition Rating with functional updates and features a private patio and primary bedroom balcony with pool views. With water included in the HOA, this is an ideal, low-maintenance asset for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Estimated Market Value
$436,297+$31,297 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 888 Cherrywood Way 14 Subject | $405,000* List Price | 2 | 3 | 1,024 | $426 | - |
A 768 N Mollison Ave C Sold | $510,000 | 2 | 2 | 1,004 | $508 | 0.2 mi |
B 830 Broadway 18 Sold | $425,000 | 2 | 2 | 950 | $447 | 0.2 mi |
C 792 N Mollison Avenue 9 Sold | $470,000 | 2 | 2 | 1,004 | $468 | 0.2 mi |
D 521 N Mollison Sold | $415,000 | 2 | 1 | 844 | $492 | 0.5 mi |
E 1045 Peach Ave 61 Sold | $390,000 | 2 | 1 | 937 | $416 | 0.5 mi |
F 745 East Bradley Avenue 11 Sold | $350,000 | 2 | 1 | 806 | $434 | 0.7 mi |
G 465 E Bradley Avenue 3 Active | $365,000 List Price | 2 | 2 | 900 | $406 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1979, the interior shows signs of mid-range renovations (approx. 10-15 years old) including tile flooring and an updated bathroom vanity. The unit appears well-maintained, functional, and move-in ready, which aligns with the 'Good' criteria despite the building's age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Community Location
Ideally situated directly across from the community pool within a secure gated complex, offering both easy amenity access and an enhanced view from the unit.
- Functional Living Features
The townhome-style layout includes highly sought-after conveniences such as in-unit full-size laundry, a private patio, and a primary bedroom balcony, maximizing the utility of the 1,024 sqft space.
- Value-Added HOA
The monthly association dues include water service, providing a significant utility cost saving and simplifying monthly budgeting for the homeowner.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1979, the property may require capital improvements or cosmetic updates to meet modern energy efficiency standards and contemporary aesthetic preferences.
- Limited Bathroom Count
The 1.5-bathroom configuration may be less competitive for families or co-living situations compared to newer two-bedroom units that typically offer two full bathrooms.
About 888 Cherrywood Way 14
Welcome to Cherrywood Park! This charming 2-bedrrom, 1.5-bath townhome-style condo offers 1,024 sqft of confortable living space in a gated El CAjon community. Ideally located directly across from the community pool. This home offers a spacious living area that flows into the dining space and kitchen, creating a warm and funstional layout for everyday living and entertaining.Upstairs, you will find two bedrooms, including a primary bedroom with a balcony. Enjoy the convenience of an in-unit full size laundry area, a private patio and an assigned parking. WATER IS INCLUDED IN THE HOA DUES.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 53,563 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,024 | 984.595 |
| Lot Size | 53,563 | 97,331.676 |
| Price | $405.0K | $434.4K |
| Price per sq ft | $396 | $444 |
| Built year | 1979 | 1985 |
| HOA | $380.0 | $436 |
| Days on market | 32 | 56 |
Pricing History
Listed for Sale
Aug 8, 2026
$405,000
Initial Listing
Sold
Oct 17, 2022
$403,500
Public Record
Sold
Dec 6, 2010
$69,000
Public Record