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1228 Michael Ln. Lane, Sacramento, CA 95864, Sacramento, 95864 - 4 bed, 2 bath

1228 Michael Ln. Lane, Sacramento, CA 95864 home-pic-0
ACTIVE$655,000$1,950/sqft
Est. Value: $666,817
1%
FairlyEstimate
1228 Michael Ln. Lane, Sacramento, CA 95864
4Beds
2Baths
1,950Sqft
18,295Lot

Price Vs. Estimate

The estimated value ($666,816.535) is $11,816.535 (1%) lower than the list price ($655,000). This property may be overpriced.

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 = 1950.
Top Cons:
Age of Core Infrastructure: Built in 1949, while cosmetically updated, the property's underlying systems (e.g., plumbing, electrical, foundation) may be original or older, potentially requiring future inspections, upgrades, or maintenance.

Compared to the nearby listings

Price:$655.0K vs avg $675.0K ($-20,000)49%
Size:1,950 sqft vs avg 1,950 sqft50%
Price/sqft:$336 vs avg $39331%

More Insights

Built in 1949 (77 years old).
Condition: Despite being built in 1949, this property has undergone extensive and recent modern renovations. The kitchen features new white shaker cabinetry, pristine quartz countertops, and newer stainless steel appliances, presenting a contemporary and high-quality finish. Both bathrooms have been updated with modern vanities, double sinks, contemporary fixtures, and marble-look surrounds. New laminate flooring is installed throughout, and lighting has been updated with recessed lights and modern fixtures. While the original build year suggests older core infrastructure, the visible living spaces are virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1949
Close
-
List price
$655K
Original List price
-
Price/Sqft
$336
HOA
$0
Days on market
-
Sold On
-
MLS number
225153000
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this beautifully updated 4-bed, 2-bath home offering 1,950 sqft of thoughtfully designed living space with 2 additional rooms 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 modern renovations. The kitchen features new white shaker cabinetry, pristine quartz countertops, and newer stainless steel appliances, presenting a contemporary and high-quality finish. Both bathrooms have been updated with modern vanities, double sinks, contemporary fixtures, and marble-look surrounds. New laminate flooring is installed throughout, and lighting has been updated with recessed lights and modern fixtures. While the original build year suggests older core infrastructure, the visible living spaces are virtually new, meeting current quality standards with no deferred maintenance.
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 = 1950.
Exceptional ADU Potential & Income Generation: The property offers significant ADU potential, including a 2-story garage conversion and an 800-sqft ADU with its own driveway, complemented by current rental income of $4500+/month, providing substantial investment and income opportunities.
Extensive Modern Updates: The home features a beautifully remodeled kitchen with new cabinetry, pristine counters, and newer appliances, updated full bathrooms with double sinks, new laminate flooring, and skylights, ensuring a move-in ready condition.
Generous & Versatile Lot: A substantial 0.42-acre lot provides three spacious yards, mature trees, a covered patio, and fenced areas, offering ample space for outdoor living, gardening, and potential expansion.
Superior Parking & Storage Solutions: The property boasts an oversized 4-car garage, loft storage, and abundant space for RV/boat parking, catering to extensive vehicle and storage requirements.
Functional & Flexible Interior Layout: With 4 bedrooms, 2 additional versatile rooms, a large mudroom with inside laundry, and multiple entries, the home offers a highly adaptable and convenient living space.

Cons

Age of Core Infrastructure: Built in 1949, while cosmetically updated, the property's underlying systems (e.g., plumbing, electrical, foundation) may be original or older, potentially requiring future inspections, upgrades, or maintenance.
Absence of Central Air Conditioning: The description does not specify a central cooling system, which is a critical amenity for comfort during Sacramento's hot summers and would likely necessitate a significant investment for installation.
Potential for Increased Property Management Complexity: While offering income, the current rental income and significant ADU potential imply a more complex property management scenario, which may not appeal to all buyers seeking a simple single-family residence.
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