9821 Caspi Gardens 8, Santee, California 92071, Santee, 92071 - 2 bed, 2 bath
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9821 Caspi Gardens 8
Santee, California 92071
ACTIVE
CONDITION: POOR
2Beds
2Baths
962Sq Ft
0Lot Size
Property Price
LIST PRICE$505,000
EST. MARKET VALUE
$439,788
14% AboveMARKET VALUE
SUMMARY
This Condominium presents a High-Potential Investment Opportunity, listed at $505,000—positioned well above the $439,788 Fair Market Value by -14%. While the property requires a premium, it offers a Condition Rating of 5, featuring a private garage, in-unit laundry, and access to 2 sparkling pools. Located near the top-rated Rio Seco Elementary, this unit provides a stable lifestyle in a well-maintained community. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, amenity-rich residence in Santee.
Estimated Market Value
$439,788
Based on Realkey algorithm analyzing recent comparable sales in Santee.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9821 Caspi Gardens 8 Subject | $505,000* List Price | 2 | 2 | 962 | $457 | - |
A 9808 Shirley Gardens 3 Sold | $415,000 | 2 | 1 | 962 | $431 | 0.1 mi |
B 10220 Palm Glen Drive 83 Sold | $565,000 | 3 | 3 | 1,247 | $453 | 0.2 mi |
C 10185 Peaceful Court Sold | $378,500 | 2 | 1 | 896 | $422 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1986 (40 years old), the property falls into the >30-year age bracket. While the listing mentions it is well-maintained and has strong central air, the age suggests original kitchen and bath fixtures that require major updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value HOA
The monthly HOA dues of $285 are remarkably low for a gated community in San Diego County, offering significant long-term savings while maintaining access to pools and playgrounds.
- Premium Unit Features
As a top-floor unit, this condo offers enhanced privacy with no neighbors above, complemented by a private garage, an additional assigned parking space, and essential in-unit laundry.
- Prime Location and Schools
The property is ideally situated near major retail hubs and high-performing schools, including the top-rated Rio Seco Elementary, making it highly attractive for families and commuters.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 962 square feet for a two-bedroom, two-bathroom layout, the interior living spaces may feel somewhat confined compared to newer or larger condominium developments.
- Vintage Construction
Built in 1986, the property may require cosmetic modernizations or updates to older infrastructure to meet the aesthetic preferences of contemporary buyers.
About 9821 Caspi Gardens 8
Enjoy living in this quiet, newly gated community, top floor, Santee condo with super-low HOA dues (only $285 per month). It has a private garage with extra, assigned parking space, a cozy fireplace, strong central air and convenient in-unit laundry. Riderwood Gardens complex is well maintained and constantly improving and includes 2 sparkling pools and 3 fun and safe playgrounds. Near the corner of Mast and Magnolia's many restaurants and retail, this condo makes life easy. Make it yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $285.0 / Month
Neighborhood Insights
Santee Unified Schools
Rio Seco Elementary School
Grades K-8 • 0.6 mi
8/10
Santana High School
Grades 9-12 • 0.3 mi
6/10
Idea Center
Grades 9-12 • 2.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 962 | 1,036.962 |
| Lot Size | - | 122,419.9 |
| Price | $505.0K | $539.7K |
| Price per sq ft | $525 | $490 |
| Built year | 1986 | 1986 |
| HOA | $285.0 | $440 |
| Days on market | 21 | 49 |
Pricing History
Listed for Sale
Aug 19, 2026
$505,000
Initial Listing
Sold
Aug 15, 2011
$84,000
Public Record
Sold
Jun 20, 2001
$142,000
Public Record
Sold
Mar 31, 1994
$87,500
Public Record