9821 Caspi Gardens 8, Santee, California 92071, Santee, 92071 - 2 bed, 2 bath

9821 Caspi Gardens 8, Santee, California 92071 home-pic-0
ACTIVE$495,000$962/sqft
9821 Caspi Gardens 8, Santee, California 92071
2Beds
2Baths
962Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Value HOA: The property boasts 'super-low HOA dues' at $285.00, significantly enhancing affordability and long-term value for a condominium.
Top Cons:
Recent Price Adjustment: The property has undergone a recent price reduction from $509,000 to $495,000, which could suggest initial overpricing or a need to attract more buyer interest.

Compared to the nearby listings

Price:$495.0K vs avg $517.5K ($-22,500)44%
Size:962 sqft vs avg 990 sqft46%
Price/sqft:$515 vs avg $50158%

More Insights

Built in 1986 (40 years old).
Condition: Built in 1986, this condo is well-maintained for its age, but the interior shows signs of being outdated. The kitchen features traditional dark cabinets, speckled countertops, and older white appliances, which are functional but not modern. Light fixtures, particularly the ceiling fans, are also dated. While the property appears clean and move-in ready, it would benefit from cosmetic updates to bring it to current aesthetic standards.
Year Built
1986
Close
-
List price
$495K
Original List price
$509K
Price/Sqft
$515
HOA
$285
Days on market
-
Sold On
-
MLS number
2600711SD
Home ConditionFair
Features
View-

About this home

Enjoy living in this quiet, gated, top floor, Santee condo with super-low HOA dues and private garage, fireplace, central air and in-unit laundry. Or, buy as a long term, high-performing rental with tenants in place. Near the corner of Mast and Magnolia's restaurants and retail, this condo makes life easy. Riderwood condos are rarely available and sell quickly. Come and get it before it's gone!

D
Diane Alexander
Listing Agent

Nearby schools

8/10
Rio Seco Elementary School
Public,K-80.6mi
6/10
Santana High School
Public,9-120.3mi
3/10
Idea Center
Public,9-122.7mi

Price History

Date
Event
Price
06/20/01
Sold
$142,000
03/31/94
Sold
$87,500
08/15/11
Sold
$84,000
Condition Rating
Fair

Built in 1986, this condo is well-maintained for its age, but the interior shows signs of being outdated. The kitchen features traditional dark cabinets, speckled countertops, and older white appliances, which are functional but not modern. Light fixtures, particularly the ceiling fans, are also dated. While the property appears clean and move-in ready, it would benefit from cosmetic updates to bring it to current aesthetic standards.
Pros & Cons

Pros

Exceptional Value HOA: The property boasts 'super-low HOA dues' at $285.00, significantly enhancing affordability and long-term value for a condominium.
Strategic & Convenient Location: Situated near the intersection of Mast and Magnolia, offering immediate access to a variety of restaurants and retail, ensuring a convenient lifestyle.
Premium Condo Features: Includes highly desirable amenities such as a top-floor location, private garage, central air conditioning, fireplace, and in-unit laundry, providing comfort and convenience.
Secure & Serene Environment: Located within a quiet, gated community, offering enhanced security, privacy, and a peaceful living experience.
Strong Investment & Market Demand: Positioned as a 'high-performing rental with tenants in place' and noted for its rarity and quick sales in the Riderwood community, indicating robust investment potential and high market demand.

Cons

Recent Price Adjustment: The property has undergone a recent price reduction from $509,000 to $495,000, which could suggest initial overpricing or a need to attract more buyer interest.
Compact Living Space: With 962 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, potentially limiting appeal for buyers desiring more expansive interiors.
Property Age: Built in 1986, the property is nearly four decades old, which may imply a need for potential updates or maintenance typical of a property of this vintage, unless significant renovations have been completed (not specified).
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