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3473 Tice Creek Dr APT 1
Score
0
Walnut Creek, CA

3473 Tice Creek Dr APT 1

275K
1 bd • 1 ba • 760 sf

This analysis was generated on 1/16/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$275,000

Price/Sq.Ft

$362

Year Built

1969

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This condo in Walnut Creek's Rossmoor community offers a serene, wooded setting with a bright, freshly painted interior. It boasts privacy with no downstairs neighbors and only one shared wall. Residents enjoy access to premium amenities, including golf courses, pools, a fitness center, and walking trails. The property's affordability at $275,000 makes it a competitive option in the area, especially given the high cost of living in Walnut Creek.

The Bad

The condo's size is modest at 760 square feet, which may not suit those seeking more space. The high monthly HOA fee of $1,142 could be seen as a financial burden, potentially limiting budget-conscious buyers. Additionally, the property's age (built in 1969) might necessitate future maintenance or upgrades.

The Ugly

A major red flag is the property's location in a flood zone, even if it's categorized as minimal hazard. This could affect insurance costs and buyer peace of mind, especially for those unfamiliar with flood risks. The non-warrantable status of Rossmoor properties may complicate mortgage options, affecting financing.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for retirees or those seeking a quiet, community-focused lifestyle with ample amenities. It's perfect for individuals or couples looking for a low-maintenance home in a secure, gated community with a vibrant social scene.

Not For

This property might not suit families or individuals requiring more space, given its single-bedroom layout. It's also less suitable for those uncomfortable with high HOA fees or those who desire a modern, newly built home.
Demographics
Area Median Income

$84,688

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

8.2/10
Excellent

Middle

8.0/10
Excellent

High

9.8/10
Excellent

Financials

Monthly Costs
Market Rent (1 bed)

$2,080

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$275,000
Price/sqft
$362
Layout
1 bd1 ba
0

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$315,000

12.7%

Your price is 12.7% below average

Median Price

$285,000

3.5%

Based on 3 recent sales

Price per Sq.Ft

$400

9.5%

Your price is 9.5% below average $/sqft

Comparable Properties

1501 Ptarmigan Dr #6C, Walnut Creek, CA 94595
Price: $400,000
Sq.Ft: 855
Beds/Baths: 1/1
$/Sq.Ft:
$46829.3%
Sale Date: 10/12/2024
1316 Singingwood Ct #4, Walnut Creek, CA 94595
Price: $285,000
Sq.Ft: 733
Beds/Baths: 1/1
$/Sq.Ft:
$3897.5%
Sale Date: 8/24/2024
3473 Tice Creek Dr #3, Walnut Creek, CA 94595
Price: $260,000
Sq.Ft: 760
Beds/Baths: 1/1
$/Sq.Ft:
$3425.5%
Sale Date: 7/30/2024

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