$427,000

Agent Notes

This Spring Valley townhome represented an excellent opportunity for my buyer in early 2023. Listed on January 18, 2023, by my colleague Seth Struiksma at Compass, the property sold remarkably quickly in just 6 days on March 2, 2023, for the full asking price of $427,000. At $610 per square foot, this 2-bedroom, 2-bathroom end-unit townhouse offered exceptional value for first-time buyers and investors alike. Built in 1985 in a Mediterranean/Spanish architectural style, the 700-square-foot home featured a practical two-story layout with an open living room and half bath on the first level, and two bedrooms upstairs with views and ample space. The unit's location was a major selling point—positioned at the end of the complex in a private spot, with assigned carport parking just steps from the front door, making it one of the most desirable locations in the community. The property was marketed as a canvas awaiting the buyer's style and vision, perfect for adding personal touches and building equity. Community amenities included a pool with heating, laundry facilities, and greenspace, all maintained through the HOA fee of just $275/month covering landscaping, exterior maintenance, insurance, sewer, and trash. The 62-unit community was well-maintained by Top Service Management, with wood fencing in good condition and pet-friendly policies (with restrictions). Located in Spring Valley between Casa De Oro and Mt Helix, the property offered excellent East County access with plenty of street parking available. The rapid 6-day sale demonstrated strong buyer demand for well-located, affordable townhomes in this area, and I was pleased to help my client secure this investment-worthy property at an excellent price point.