9821 Caspi Gardens Way 2, Santee, California 92071, Santee, 92071 - 3 bed, 2 bath
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9821 Caspi Gardens Way 2
Santee, California 92071
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,144Sq Ft
68,824.797Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$527,413
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $495,000—positioned well below the $527,413 Fair Market Value by 6%. This valuation gap provides $32,413 in Instant Equity. With a Condition Rating of 3, the unit features recent upgrades including waterproof laminate flooring, fresh paint, and copper plumbing. Residents enjoy community amenities like a pool and the convenience of a private garage. Located near top-rated schools like Rio Seco Elementary, this is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Estimated Market Value
$527,413+$32,413 Equity Potential
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 Way 2 Subject 3 bd · 2 ba · 1,144 sqft · $461 | $495,000* List Price | 3 | 2 | 1,144 | $461 | - |
A 9837 Caspi Gardens Dr 7 Sold 2 bd · 2 ba · 912 sqft · $532 · 0.0 mi | $485,000 | 2 | 2 | 912 | $532 | 0.0 mi |
B 9829 Caspi Gardens Drive 6 Sold 2 bd · 1 ba · 962 sqft · $499 · 0.0 mi | $480,000 | 2 | 1 | 962 | $499 | 0.0 mi |
C 10170 Palm Glen Dr 46 Sold 2 bd · 2 ba · 1,076 sqft · $507 · 0.2 mi | $545,000 | 2 | 2 | 1,076 | $507 | 0.2 mi |
D 10258 Norma Gardens Drive 6 Sold 2 bd · 2 ba · 912 sqft · $518 · 0.1 mi | $472,000 | 2 | 2 | 912 | $518 | 0.1 mi |
E 10220 Palm Glen Drive 83 Sold 3 bd · 3 ba · 1,247 sqft · $453 · 0.2 mi | $565,000 | 3 | 3 | 1,247 | $453 | 0.2 mi |
F 9858 Shirley Gardens #3 Sold 2 bd · 2 ba · 962 sqft · $535 · 0.1 mi | $515,000 | 2 | 2 | 962 | $535 | 0.1 mi |
G 10331 Santana Ranch Drive Active 2 bd · 2 ba · 1,084 sqft · $460 · 0.3 mi | $499,000 List Price | 2 | 2 | 1,084 | $460 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1986, it has undergone significant recent cosmetic and system updates including new waterproof laminate flooring, fresh paint, and scraped ceilings. Critical systems are in excellent shape with a newer furnace, A/C, and copper plumbing. Although the bathroom cabinetry and fixtures appear dated, the home is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Interior Upgrades
The property features significant recent improvements including new waterproof laminate flooring, fresh paint, scraped ceilings, and upgraded copper plumbing, ensuring a move-in-ready experience for the buyer.
- Superior Parking and Storage
Rare for this price point, the unit includes both a private 1-car garage and an additional assigned parking space, addressing a common pain point in condominium living.
- Financial Incentives
The seller's willingness to contribute toward closing costs provides a significant financial advantage, lowering the barrier to entry for first-time buyers or those looking to preserve capital.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =68824, other record lot size in square feet = 68740.
- Upper-Level Accessibility
Being an upper-level unit, the property requires stair access, which may be a drawback for buyers with mobility concerns or those preferring a ground-floor entrance.
- Condominium Constraints
As a 1980s-built condominium, the property involves shared walls and HOA regulations, which may offer less privacy and autonomy compared to a detached single-family residence.
About 9821 Caspi Gardens Way 2
Stop searching! – This upper-level gem in Riderwood Gardens is ready to welcome you home. Three bedrooms, two full bathrooms and 1144 square feet of comfort. The newly installed, wall-to-wall, waterproof, laminate flooring is durable, attractive and easy to clean. The popcorn ceilings have been scraped and the whole unit is swimming in fresh paint. The upgraded dual-pane vinyl windows are accented with wood grain shutters in all rooms. You’ll stay comfortable year-round thanks to the newer furnace, A/C and gas fireplace. In-unit laundry is another major plus. Other upgrades include new attic insulation and copper plumbing throughout! Forget the stress of parking; this unit comes with its own 1-car garage plus an additional, assigned space. Enjoy the community’s amenities. Take a dip in the sparkling pools on those warm Santee days, take your pup or cat for a walk within the secure gates, enjoy the recreation areas or just relax on your private balcony. Starbucks, Round Table Pizza and other restaurants and other shopping is a walk away!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 68,824.797 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $305.0 / 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 | 3.0 | 2.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,144 | 1,069.424 |
| Lot Size | 68,824.797 | 96,781.838 |
| Price | $495.0K | $530.6K |
| Price per sq ft | $433 | $485 |
| Built year | 1986 | 1984 |
| HOA | $305.0 | $429 |
| Days on market | 11 | 49 |
Pricing History
Listed for Sale
Oct 14, 2026
$495,000
Initial Listing
Sold
Apr 3, 2002
$185,000
Public Record
Sold
Feb 28, 2001
$150,000
Public Record
Sold
Aug 26, 1999
$93,500
Public Record