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318 Graves Court, El Cajon, California 92021, El Cajon, 92021 - 2 bed, 1 bath

318 Graves Court, El Cajon, California 92021 home-pic-0
ACTIVE$399,000
318 Graves Court, El Cajon, California 92021
2Beds
1Bath
893Sqft
109,771.203Lot
Year Built
1974
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$447
HOA
$500
Days on market
-
Sold On
-
MLS number
PTP2507992
Home ConditionGood
Features
Good View: Hills, Mountain(s), Neighborhood
Deck
ViewHills, Mountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $399.0K(42th), sqft - 893(58th), beds - 2(50th), baths - 1(50th).

**3.125% ASSUMABLE FHA LOAN** Discover this beautifully appointed 2-bedroom, 1-bath upper end unit condo, offering both comfort and convenience. Enjoy a 1 car locked garage space, practicality of an in-unit washer and dryer, and the rare benefit of three dedicated parking spots. The home is ideally situated with easy access to the 67, 8, and 52 freeways, as well as public transportation options for effortless commuting. The community features lush greenbelts, a sparkling pool for relaxing afternoons, and a fun rock area, creating a welcoming and vibrant neighborhood ambiance. This is a perfect opportunity to enjoy serene living with all the amenities you desire, including an oversized living area, separate dining room, full sized washer and dryer and large bedrooms.

Nearby schools

3/10
Magnolia Elementary School
Public,•K-5•0.8mi
6/10
Pepper Drive Elementary School
Public,•K-8•0.4mi
3/10
Greenfield Middle School
Public,•6-8•2.0mi
3/10
Idea Center
Public,•9-12•1.2mi
6/10
Santana High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
11/07/25
Listing
$399,000
12/18/20
Sold
$308,000
Condition Rating
Good
Built in 1974, this condo shows signs of significant updates within the last 5-15 years, making it move-in ready. The kitchen features updated stainless steel appliances and a modern faucet, though the wood cabinets and laminate countertops are older. The flooring throughout (laminate/LVP and carpet) and paint are modern and in good condition. A new stacked washer/dryer is a notable upgrade. While not a full, high-end renovation, the property is well-maintained with functional systems and updated components, aligning with a 'Good' condition score.
Pros & Cons

Pros

Assumable FHA Loan: The property offers a highly attractive 3.125% assumable FHA loan, providing a significant financial advantage in the current interest rate environment.
Exceptional Parking: Rare for a condo, this unit includes a 1-car locked garage space plus three additional dedicated parking spots, offering unparalleled convenience and security.
Prime Commuter Location: Strategically located with easy access to major freeways (67, 8, 52) and public transportation, ensuring effortless commuting.
Desirable Community Amenities: Residents can enjoy lush greenbelts, a sparkling community pool, and a fun rock area, enhancing the lifestyle and neighborhood ambiance.
Convenient In-Unit Features & Layout: The unit boasts a full-sized in-unit washer and dryer, an oversized living area, a separate dining room, and large bedrooms, providing comfort and practicality.

Cons

High Monthly Association Fee: A monthly association fee of $500 is relatively high and could impact affordability and long-term ownership costs for potential buyers.
Limited Bathroom Count: With only one bathroom for a two-bedroom unit, this may present practical challenges or be a limiting factor for families or multiple occupants.
Modest Square Footage: At 893 square feet, the unit's size may be considered compact for some buyers, potentially limiting living space or future expansion needs.

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