1561 Belt Way, Sacramento, CA 95832, Sacramento, 95832 - 3 bed, 2 bath
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Sacramento, CA 95832
This Value-Add Residential Asset is listed at $367,000, exceeding the $282,198 Fair Market Value based on its current Fair Condition Rating. While the interior features fresh paint and new carpet, the 1965 structure requires significant kitchen and system modernization to reach its full potential. The property offers a generous lot with a private patio, providing a blank canvas for forced appreciation. With comparable neighborhood sales trending higher for updated homes, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1561 Belt Way Subject | $345,000 | 3 | 2 | 1,232 | $229 | - |
A 1560 Ferran Avenue Sold | $350,000 | 3 | 2 | 1,119 | $313 | 0.1 mi |
B 2273 Pierre Avenue Sold | $355,000 | 3 | 2 | 1,160 | $306 | 0.8 mi |
C 1757 Highbridge Way Sold | $433,000 | 3 | 2 | 1,536 | $282 | 0.4 mi |
D 1993 Leford Way Sold | $430,000 | 3 | 2 | 1,302 | $330 | 0.7 mi |
E 7701 Manorside Drive Pending | $360,000 List Price | 3 | 2 | 1,249 | $288 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1965, making it 59 years old. While it benefits from fresh interior paint and new carpet, the kitchen is significantly outdated with original-style wood cabinets, pink tile countertops, older white appliances, and a dated fluorescent light fixture. The visible bathroom elements also appear dated. The MLS description itself highlights the 'Age of Property & Potential for Outdated Systems' (plumbing, electrical, roofing) and the 'Lack of Specified Cooling System,' indicating that major components likely require substantial rehabilitation or replacement to meet current standards and comfort expectations.
The property boasts a highly convenient location, situated near schools, parks, shopping centers, and major freeways, offering easy access to amenities and transportation.
The residence features fresh interior paint and new carpet, providing a move-in ready condition and reducing immediate renovation costs for the buyer.
With generous front and backyard space, the property offers excellent potential for outdoor activities, gardening, or entertaining.
Built in 1965, the property's age suggests that major systems such as plumbing, electrical, and roofing may be original or nearing the end of their lifespan, potentially requiring future investment for upgrades or replacement.
The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback in Sacramento's hot climate, potentially requiring a costly installation for buyer comfort.
The property sold for $345,000, which was $22,000 below its list price of $367,000, potentially indicating an initial overpricing or perceived value issues by buyers in the market.
Three-bedroom, two-bath residence located on a quiet street. Features include fresh interior paint and new carpet, along with ample front and backyard space. Convenient location near schools, parks, shopping, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,232 | 1,470 | 34% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $345.0K | $452.5K | 8% |
| Price per sq ft | $280 | $294 | 37% |
| Built year | 1965 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 188 | 16% |
Dec 20, 2025
$367,000
Initial Listing
Feb 19, 2009
$61,500
Public Record
Nov 18, 2005
$330,000
Public Record
Apr 3, 2003
$169,000
Public Record
Aug 16, 2001
$80,000
Public Record
Jun 6, 1994
$52,000
Public Record