
Sacramento, CA 95825
This condominium presents a High-Potential Investment Opportunity with a List Price of $199,900—positioned well below the $209,012 Fair Market Value by 4%. This valuation gap offers $9,112 in Instant Equity. Featuring a Fair Condition Rating (5/10), the property requires a strategic renovation to unlock its full potential. Located near Sacramento State, the unit includes a community pool, spa, and two parking spaces. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 Dornajo Way 256 Subject | $199,900* List Price | 2 | 2 | 968 | $216 | - |
A 1019 Dornajo Way 206 Sold | $220,000 | 2 | 2 | 1,013 | $217 | 0.0 mi |
B 1019 Dornajo Way 225 Pending | $240,000 List Price | 2 | 2 | 968 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (39 years old) with no recorded renovations, placing it in the >30y category. The listing broker's inability to inspect the interior and the 'as-is' nature of the sale strongly suggest the property requires a full rehab and likely has outdated or failing systems.
Situated in a gated community near Sacramento State University and major shopping hubs, this property offers high appeal for students, faculty, and commuting professionals.
The association provides a robust amenity package including a swimming pool, spa, and clubhouse, along with the rare benefit of two designated parking spaces, including one underground.
Listed at $199,900 for a 2-bedroom, 2-bathroom floor plan, this property represents a significant value-add opportunity for investors or buyers looking for an affordable entry into the market.
The monthly association fee of $642 is substantial, which may impact a buyer's financing qualification and overall monthly affordability.
The property is being sold without interior inspections or verified condition reports, posing a high risk for potential buyers regarding undisclosed repairs or necessary renovations.
Welcome to Amherst Place Condominiums, a gated community ideally located near shopping, parks, Sacramento State University, schools, restaurants, and popular coffee shops. This condominium enjoys an excellent location within the complex overlooking the community swimming pool and includes two designated parking spaces (one underground and one uncovered). According to available information, the floor plan offers a spacious living and dining area, a fireplace, two full bathrooms, inside laundry, and a private balcony. The Association amenities include a swimming pool, spa, clubhouse, water, sewer, garbage service, hazard insurance, flood insurance, and maintenance of the common areas. Property is being sold based on exterior observations and available public and historical information. The listing broker has not inspected the interior, and all information regarding interior features, condition, room count, and square footage should be independently verified by buyers.
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 |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 968 | - |
| Lot Size | - | - |
| Price | $199.9K | $323.6K |
| Price per sq ft | $207 | $284 |
| Built year | 1987 | 0 |
| HOA | $642 | $0 |
| Days on market | 20 | 56 |
Jul 2, 2026
$199,900
Initial Listing
May 31, 2019
$170,000
Public Record
May 10, 2005
$249,000
Public Record