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311 Lolita, E, Santa Maria, CA 93458

$385K2bd · 2ba · 1,026 sqft
Lot 471,754 sqft•HOA $200/mo•Condominium•
Active
•16d on market•MLS# PI-26211190

Property Description

MAKE THIS HOME MORE AFFORDABLE! Seller offering up to $10,000 toward a mortgage rate buydown to help lower your monthly payment. Explore savings through the seller’s preferred lender. Buyers using another lender are welcome to inquire about available incentives. Subject to an acceptable offer, buyer qualification, lender approval, and loan program limits. Welcome home to this beautifully refreshed two-story condo located in a small, well-maintained complex close to shopping, schools, dining, and everyday conveniences. Fresh paint and new flooring give the home a clean, modern feel, while the updated kitchen features **new appliances** and plenty of functionality. The main level offers a comfortable living and dining area centered around a cozy fireplace, along with a convenient half bath for guests. Step outside to enjoy your own small private patio area--perfect for morning coffee or relaxing outdoors. Upstairs, you'll find **two spacious bedrooms** with a shared **Jack-and-Jill bathroom**, providing privacy and convenience for both bedrooms. Additional features include a **covered carport** and a location that makes commuting and running errands a breeze. **Move-in ready and conveniently located--this updated condo is a great opportunity for a first-time buyer, investor, or anyone looking for low-maintenance living.**Living room photos were modified by AI to remove items sitting on the floor area.

Features & Amenities

FeeBuilt 1984

Property Details

Land Type
Fee
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Forced Air
Cooling
None
View
None
Flooring
Vinyl, Carpet
Roof
Composition
City
Santa Maria
Zip Code
93458
County
Santa Barbara
Listed byUnknown Office, Lisa Thompson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,946.77
Principal & Interest
Loan Amount
$308,000
Total Interest
$392,837
Total Payment Over 30 Years
$700,837
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

311 Lolita, E, Santa Maria, CA 93458

Santa Maria · Condominium

$385K
Affordable Tier
Beds
2
Baths
2
Sqft
1,026
Lot
10.83 ac
Year
1984
$/Sqft
$375
Pool: No✓
View: None✓

Listed 4.6% above the median closed sale of $368,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $385K· $375/sqft
Total list price
Closed comps
vs closed median $368K
+$17K (+4.6%)
Active comps
vs active median $365K
+$20K (+5.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $355
+$20 (+5.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1960 McclellandSanta Maria197712922684$359$330,99813679
1508 Oakridge ParkSanta Maria1982221,3493,751$385$520,0002078
1321 BradleySanta Maria1978321,3601,120$268$364,9506871
2403 CountrySanta Maria198411731765$404$295,0006970
582 Northpoint CircleSanta Maria1982331,3981,052$358$499,9997167
Total: 5 · Average2.02.01,1521,474.4$354.8$402,189.472.8
Median1,349$364,950

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3400 Santa Maria WaySanta Maria198507/13/2026228820$347,000$347,000$3931.005193
1160 Sumner PlaceSanta Maria198308/12/2026221,012456$429,000$435,000$4301.013489
205 Rice RanchSanta Maria197908/18/2026221,001956$414,000$412,000$4120.992488
3350 Santa Maria WaySanta Maria198507/07/202622882896$374,000$368,000$4170.983887
3450 Santa MariaSanta Maria198506/01/202622882898$347,500$347,500$3941.009186
Total: 5 · Average2.02.0931.8801.5$381,900$381,900$409.2—47.6
Median882$368,000$368,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.