1228 Michael Ln, Other, CA 95864, Other, 95864 - 4 bed, 2 bath

1228 Michael Ln, Other, CA 95864 home-pic-0
ACTIVE$655,000$1,643/sqft
1228 Michael Ln, Other, CA 95864
4Beds
2Baths
1,643Sqft
18,295Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 18295, living area = 1643.
Top Cons:
Age of Core Systems: Built in 1949, while cosmetically updated, the property's core systems (e.g., plumbing, electrical, HVAC) may still be original or older, potentially requiring future maintenance or upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$655.0K vs avg $675.0K ($-20,000)49%
Size:1,643 sqft vs avg 1,925 sqft39%
Price/sqft:$399 vs avg $39551%

More Insights

Built in 1949 (77 years old).
Condition: Despite being built in 1949, this property has undergone extensive and recent renovations, bringing its key areas up to excellent standards. The description explicitly states a 'remodeled kitchen with pristine counters, new cabinetry, and newer appliances,' and 'Both full bathrooms have been updated with double sinks and contemporary finishes.' The images confirm a modern kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting. New laminate flooring is installed throughout the home. While the age of core systems like HVAC (specifically central AC) is not explicitly detailed and noted as a potential weakness, the visible and functional components of the living spaces, kitchen, and bathrooms are virtually new and meet current quality standards, indicating a property that has been extensively renovated within the last 5 years.
Year Built
1949
Close
-
List price
$655K
Original List price
-
Price/Sqft
$399
HOA
$0
Days on market
-
Sold On
-
MLS number
225152703
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this beautifully updated 4-bed, 2-bath home offering 1,643 sq ft of thoughtfully designed living space on a generous 0.42-acre lot in the Arden-Arcade area of Sacramento. Follow the private driveway to this charming residence featuring a blend of modern updates and timeless character from new laminate flooring and skylights flooding the interior with natural light, to a remodeled kitchen with pristine counters, new cabinetry, and newer appliances. Both full bathrooms have been updated with double sinks and contemporary finishes. A cozy living space while a large mudroom with inside laundry and multiple entries enhances everyday convenience. The home's versatile layout offers additional living space perfect for personalization. Outdoors, enjoy three spacious yards with mature trees, a covered patio, and a fenced area all ideal for gatherings, gardening, or play. Parking and storage are exceptional with an oversized 4-car garage, loft storage, and ample space for RV/boat parking. Outdoor space for sheds and workshop areas provide even more utility and project potential. Great ADU potential for a 2 story ADU garage conversion. And on the other side of the lot has the potential for an 800-sqft ADU with it's own driveway. There is currently rental income of $4500+/m. Located near parks, shopping, and schools, this home offers a rare combination of comfortable indoor living and expansive outdoor possibilities don't miss the opportunity to make it yours!

K
Keith Mintz
Listing Agent

Price History

Date
Event
Price
01/04/24
Sold
$595,000
08/30/23
Sold
$325,000
Condition Rating
Excellent

Despite being built in 1949, this property has undergone extensive and recent renovations, bringing its key areas up to excellent standards. The description explicitly states a 'remodeled kitchen with pristine counters, new cabinetry, and newer appliances,' and 'Both full bathrooms have been updated with double sinks and contemporary finishes.' The images confirm a modern kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting. New laminate flooring is installed throughout the home. While the age of core systems like HVAC (specifically central AC) is not explicitly detailed and noted as a potential weakness, the visible and functional components of the living spaces, kitchen, and bathrooms are virtually new and meet current quality standards, indicating a property that has been extensively renovated within the last 5 years.
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 = 18295, living area = 1643.
Extensive Modern Updates: The home has been beautifully updated with new laminate flooring, skylights, a remodeled kitchen with new cabinetry and appliances, and updated bathrooms with double sinks and contemporary finishes, offering a move-in ready experience.
Exceptional ADU Development Potential: The property boasts significant ADU potential, including a 2-story garage conversion and an 800 sqft ADU with its own driveway on the other side of the lot, providing opportunities for additional income or multi-generational living.
Generous Lot Size & Outdoor Living: Situated on a substantial 0.42-acre lot, the property features three spacious yards with mature trees, a covered patio, and a fenced area, ideal for gatherings, gardening, or play.
Abundant Parking & Storage: Offers an oversized 4-car garage with loft storage, ample space for RV/boat parking, and additional outdoor areas for sheds and workshops, catering to extensive storage and vehicle needs.
Immediate Rental Income: The property currently generates over $4500/month in rental income, providing an immediate financial benefit for investors or a significant offset for owner-occupants.

Cons

Age of Core Systems: Built in 1949, while cosmetically updated, the property's core systems (e.g., plumbing, electrical, HVAC) may still be original or older, potentially requiring future maintenance or upgrades not explicitly mentioned.
Lack of Explicit Central Air Conditioning: The description highlights skylights and a cozy living space but does not explicitly mention a central air conditioning system, which is a crucial amenity for comfort during Sacramento's hot summer months.
Rapid Price Appreciation History: The property's recent sales history shows a significant price increase from $325,000 in August 2023 to $595,000 in January 2024, and now listed at $655,000, which might raise questions for buyers regarding the true market value and the extent of renovations justifying such rapid appreciation.
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