987 Pearwood Circle, Lodi, CA 95242, Lodi, 95242 - 3 bed, 2 bath
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987 Pearwood Circle
Lodi, CA 95242
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,619Sq Ft
5,367Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$526,081
4% AboveMARKET VALUE
SUMMARY
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well above the $526,081 Fair Market Value by 4%. While the property requires modernization, its Condition Rating of 4 reflects solid bones and a functional 1,619 sqft layout. Featuring a private patio and proximity to top-rated schools, this home offers significant upside for those willing to execute cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term equity through renovation.
Estimated Market Value
$526,081
Based on Realkey algorithm analyzing recent comparable sales in Lodi.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 987 Pearwood Circle Subject | $549,000* List Price | 3 | 2 | 1,619 | $325 | - |
A 2622 Tejon Street Sold | $595,000 | 3 | 2 | 1,866 | $319 | 0.3 mi |
B 2572 Douglas Fir Drive Sold | $563,000 | 3 | 2 | 1,589 | $354 | 0.8 mi |
C 922 Pearwood Circle Sold | $580,000 | 3 | 2 | 1,619 | $358 | 0.1 mi |
D 69 Reynolds Way Sold | $560,000 | 3 | 2 | 1,731 | $324 | 0.8 mi |
E 2681 Ponderosa Drive Sold | $575,000 | 3 | 2 | 1,731 | $332 | 0.8 mi |
F 2937 Heritage Oak Way Sold | $650,000 | 3 | 2 | 2,031 | $320 | 0.1 mi |
G 956 Pearwood Circle Pending | $545,000 List Price | 3 | 2 | 1,619 | $337 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999, this 27-year-old property is in original condition. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older appliances. While the home appears well-maintained and functional, it requires cosmetic updates and modernization to meet current standards, fitting the criteria for a property over 20 years old without recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly desirable Lodi neighborhood on a quiet street, the property offers excellent proximity to the renowned Wine & Roses resort and convenient highway access.
- Functional Single-Story Layout
The 1,619 square foot open-concept floor plan features a seamless flow between the kitchen and living areas, providing a spacious and accessible environment ideal for families and entertaining.
- Value-Add Potential
With solid bones and no monthly association fees, this property presents a significant opportunity for buyers to build equity through modern cosmetic updates and personalized improvements.
CONSRISKS & DEFICIENCIES
- Dated Interior
Built in 1999, the home requires modern updates and personal touches to bring it up to current market standards, which may necessitate additional immediate capital investment.
- Inconsistent School Ratings
While located in a sought-after district, the assigned middle schools carry lower ratings (1/10 and 4/10), which may be a concern for education-focused families.
About 987 Pearwood Circle
Welcome to this comfortable single-story home in one of Lodi's most desirable neighborhoods where convenience and value come together. With 1,619 square feet of open living space, this 3-bedroom, 2-bathroom home is the perfect opportunity for first-time homebuyers as well as investors alike. This is a very quiet street making it a great place to raise a family. This home has solid bones and offers a wonderful opportunity to add your personal touch with modern updates. The open kitchen flows seamlessly into the living areas, making it ideal for everyday living and entertaining. Located in a top-rated school district and just minutes from Highway access and the renowned Wine & Roses resort and restaurant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 5,367 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lodi Unified Schools
Erma B. Reese Elementary School
Grades K-6 • 1.2 mi
6/10
Millswood Middle School
Grades 7-8 • 1.0 mi
4/10
Henderson
Grades 7-8 • 3.1 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,619 | 1,729.214 |
| Lot Size | 5,367 | 6,422.214 |
| Price | $549.0K | $566.0K |
| Price per sq ft | $339 | $329 |
| Built year | 1999 | 1976 |
| HOA | $0 | $299 |
| Days on market | 22 | 59 |
Pricing History
Listed for Sale
Aug 18, 2026
$549,000
Initial Listing