1561 Belt Way, Sacramento, CA 95832, Sacramento, 95832 - 3 bed, 2 bath
ACTIVE$364,900
1561 Belt Way, Sacramento, CA 95832
3Beds
2Baths
1,232Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($364,900) is $0 (0%) lower than the list price ($364,900). This property may be overpriced.
Key pros and cons
Top Pros:
Investment/Renovation Potential: Explicitly marketed as a 'fixer' with 'good bones' and 'excellent potential for updates and personalization,' appealing to investors and DIY enthusiasts looking to add value.
Top Cons:
Extensive Renovation Required: Marketed as a 'fixer,' indicating that the property is not move-in ready and will require significant financial and time investment for comprehensive renovations.
Compared to the nearby listings
Price:$364.9K vs avg $415.0K ($-50,100)22%
Size:1,232 sqft vs avg 1,235 sqft48%
Price/sqft:$296 vs avg $28156%
More Insights
Built in 1965 (60 years old).
Condition: Built in 1965, this property is explicitly marketed as a 'fixer' requiring 'extensive renovation.' The kitchen features highly outdated pink tiled countertops and backsplash, original-style wood cabinets, and old white appliances, along with a dated fluorescent light fixture. Both bathrooms are also severely outdated, one with pink geometric tiles and the other with faux-marble plastic paneling, both with old sliding glass shower doors. While the description mentions 'good bones,' the age of the property (59 years) and the condition of the key areas (kitchen and bathrooms) indicate that major systems and finishes are well past their expected lifespan and require substantial repairs and rehabilitation to meet modern standards, making it uncomfortable for contemporary living.
Year Built
1965
Close
-
List price
$365K
Original List price
-
Price/Sqft
$296
HOA
$0
Days on market
-
Sold On
-
MLS number
225117454
Home ConditionPoor
Features
View-
About this home
Three bedroom, two bath home on a quiet street. This property offers good bones and a spacious front and backyard, presenting excellent potential for updates and personalization. A perfect opportunity for investors or handy buyers looking for a fixer. Conveniently located near schools, parks, shopping, and freeways.
Price History
Date
Event
Price
08/16/01
Sold
$80,000
06/06/94
Sold
$52,000
02/19/09
Sold
$61,500
11/18/05
Sold
$330,000
04/03/03
Sold
$169,000
Condition Rating
Poor
Built in 1965, this property is explicitly marketed as a 'fixer' requiring 'extensive renovation.' The kitchen features highly outdated pink tiled countertops and backsplash, original-style wood cabinets, and old white appliances, along with a dated fluorescent light fixture. Both bathrooms are also severely outdated, one with pink geometric tiles and the other with faux-marble plastic paneling, both with old sliding glass shower doors. While the description mentions 'good bones,' the age of the property (59 years) and the condition of the key areas (kitchen and bathrooms) indicate that major systems and finishes are well past their expected lifespan and require substantial repairs and rehabilitation to meet modern standards, making it uncomfortable for contemporary living.
Pros & Cons
Pros
Investment/Renovation Potential: Explicitly marketed as a 'fixer' with 'good bones' and 'excellent potential for updates and personalization,' appealing to investors and DIY enthusiasts looking to add value.
Prime Location: Strategically located near 'schools, parks, shopping, and freeways,' offering convenience and accessibility for daily needs and commuting.
Generous Outdoor Space: Features a 'spacious front and backyard' on a 6,098 sqft lot, providing ample room for outdoor activities, gardening, or potential expansion.
No Homeowners Association (HOA) Fees: The absence of HOA fees means lower monthly carrying costs for the homeowner, increasing affordability and flexibility.
Quiet Residential Setting: Situated 'on a quiet street,' offering a peaceful and desirable living environment away from heavy traffic.
Cons
Extensive Renovation Required: Marketed as a 'fixer,' indicating that the property is not move-in ready and will require significant financial and time investment for comprehensive renovations.
Outdated Systems/Finishes: Built in 1965, the property is likely to have original or older systems (e.g., electrical, plumbing, HVAC) and finishes that may be nearing the end of their lifespan or are not up to modern standards, necessitating costly upgrades.
Limited Appeal for Turnkey Buyers: The need for extensive updates makes this property less attractive to buyers seeking a move-in ready home, potentially narrowing the buyer pool.