
Sacramento, CA 95825
This Value-Add Condominium Asset is listed at $199,999, currently positioned above the $129,196 Fair Market Value due to its Poor Condition Rating. Described as a "blank slate," the unit requires a total interior rehabilitation to modernize its original 1987 condition. Despite the needed investment, the property’s Strategic Location near Sacramento State University and Superior Parking Options—including underground reserved parking and a community pool and spa—provide significant upside, provided the $642 monthly HOA fee is factored into the ROI. This is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 Dornajo Way 244 Subject | $199,999* List Price | 2 | 2 | 1,002 | $129 | - |
A 2200 Woodside Lane 7 Sold | $220,000 | 2 | 2 | 1,063 | $207 | 0.5 mi |
B 1326 Oak Terrace Court 12 Active | $204,999 List Price | 3 | 2 | 1,066 | $192 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in original 1987 condition and is explicitly described as a 'blank slate,' indicating it is not move-in ready. Interior photos show that floor coverings have been removed or are in disrepair, exposing the subfloor. The kitchen and bathrooms feature original 1980s cabinetry, laminate countertops, and dated appliances that have reached the end of their functional lifespan. The unit requires a comprehensive rehabilitation, including new flooring, paint, and a full modernization of the kitchen and bathrooms to meet current living standards.
The property is ideally situated near Sacramento State University, major shopping hubs, and essential health services, offering high convenience for students and professionals.
Unlike many condos, this unit features two reserved parking spaces—including one in a secure underground garage—plus additional guest parking for visitors.
Located near the center of the Amherst Place community, the unit provides effortless access to the clubhouse, pool, and spa facilities.
The association fee of $642 per month is quite high relative to the listing price, which may impact the overall affordability and financing qualifications for some buyers.
Described as a 'blank slate,' the unit likely requires a full cosmetic overhaul and updates to modernize the space, necessitating additional immediate capital investment.
Welcome to unit 244 in the glowing Amherst Place community. This 2 bedroom 2 bathroom unit is a blank slate just waiting for the right buyer to implement their creative vision. Located near the center of the community, this unit is close to the pool, spa and clubhouse. Unit 244 offers two reserved parking spaces, one in the underground parking area and the other on the west side of the complex, not to mention the guest parking. Amherst Place is conveniently located near Sacramento State University and other amenities such shopping and health services.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 7.5 mi
Grades 6-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,002 | 1,228 | 37% |
| Lot Size | - | 1,790 | 20% |
| Price | $200.0K | $272.0K | 22% |
| Price per sq ft | $200 | $266 | 10% |
| Built year | 1987 | 1976 | 83% |
| HOA | $642 | $620 | 59% |
| Days on market | 0 | 201 | 2% |
Mar 16, 2018
$185,000
Public Record
May 25, 2005
$219,000
Public Record
$199,999
Initial Listing