242 3rd Street, Galt, CA 95632, Galt, 95632 - 3 bed, 2 bath

242 3rd Street, Galt, CA 95632 home-pic-0
ACTIVE$555,000
242 3rd Street, Galt, CA 95632
3Beds
2Baths
1,770Sqft
11,600Lot
Year Built
1951
Close
-
List price
$555K
Original List price
-
Price/Sqft
$314
HOA
$0
Days on market
-
Sold On
-
MLS number
225112504
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,6 Pros. Rank: price - $555.0K(54th), sqft - 1770(43th), beds - 3(46th), baths - 2(50th).

***ATTENTION VETERANS*** This home has an assumable VA Loan at just 4.75% making homeownership more affordable for you. It has been nicely updated and is just steps from downtown eateries including Brewsters, Coffee Shop Bakery, and Spaans Bakery. With recent investments from the City and local businesses, you'll enjoy community events such as Saturday Markets, Farm-to-Fork dinners, and Independence Day and Christmas parades. Set on a .26-acre lot with alley access, the property offers excellent potential for an ADU with its own private entrance. The home includes three bedrooms, two bathrooms, plus a connected in-law suite with its own living area and bedroom ideal for extended family or guests. Inside, the home has new luxury vinyl plank flooring, fresh interior paint, and remodeled bathrooms with updated toilets, sinks, and vanities. New HVAC system with extra return and a brand-new roof. Energy-efficient upgrades include new attic insulation, LED lighting, and weather stripping. Sewer improvements include a permitted line already stubbed for a future ADU. Outdoor features include a sparkling pool that was recently replastered, new fencing, and a freshly installed driveway gate. With thoughtful updates, a versatile floor plan, and prime location, this one is a winner!

Price History

Date
Event
Price
08/29/25
Price Change
$555,000
05/12/22
Sold
$517,000
06/18/07
Sold
$270,000
04/25/03
Sold
$220,500
Condition Rating
Excellent

Despite being built in 1951, this property has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for properties 'extensively renovated within 5 years'. The listing explicitly states 'new luxury vinyl plank flooring', 'fresh interior paint', 'remodeled bathrooms with updated toilets, sinks, and vanities', 'New HVAC system', 'brand-new roof', 'new attic insulation, LED lighting, and weather stripping'. The images confirm these updates, showing modern LVP flooring, clean and updated bathrooms with contemporary fixtures, and fresh paint throughout. While the kitchen features tile countertops, the cabinets are freshly painted gray, and appliances appear to be stainless steel, making it functional and aesthetically pleasing. The sheer volume of new and remodeled major systems and cosmetic updates indicates a property in virtually new condition with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11600, living area = 1770.
Assumable VA Loan: The property offers an assumable VA Loan at a highly attractive 4.75% interest rate, providing a significant financial advantage for eligible veterans.
Prime Downtown Location: Situated just steps from downtown eateries and community event venues, offering excellent walkability and access to a vibrant local scene.
ADU Development Potential: A spacious 0.26-acre lot with alley access and a permitted sewer line already stubbed provides clear and strong potential for an Accessory Dwelling Unit.
Extensive Recent Upgrades: Features significant recent investments including a new HVAC system, brand-new roof, new luxury vinyl plank flooring, fresh interior paint, and remodeled bathrooms.
Versatile Living Space: Includes a connected in-law suite with its own living area and bedroom, ideal for multi-generational living, guests, or potential rental income.

Cons

Age of Original Construction: Built in 1951, the property's older core structure, despite recent updates, may still present potential for unforeseen maintenance or infrastructure issues over time.
Potential for Downtown Noise/Activity: Its central downtown location, while convenient, could lead to increased noise and foot traffic, especially during community events and peak hours.
Ongoing Pool Maintenance: The presence of a swimming pool, while an amenity, requires consistent financial investment and time for upkeep, which may not appeal to all buyers.

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