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2423 I Street, Rio Linda, CA 95673, Rio Linda, 95673 - 3 bed, 2 bath

2423 I Street, Rio Linda, CA 95673 home-pic-0
ACTIVE$680,000$1,264/sqft
Est. Value: $664,511
-2%
FairlyEstimate
2423 I Street, Rio Linda, CA 95673
3Beds
2Baths
1,264Sqft
40,010Lot

Price Vs. Estimate

The estimated value ($664,510.91) is $15,489.09 (2%) lower than the list price ($680,000). 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 = 40010, living area = 1264.
Top Cons:
Age of Property: Built in 1959, the home may require updates to systems, finishes, or energy efficiency to meet modern standards and buyer expectations.

Compared to the nearby listings

Price:$680.0K vs avg $425.0K (+$255,000)96%
Size:1,264 sqft vs avg 1,228 sqft56%
Price/sqft:$538 vs avg $35796%

More Insights

Built in 1959 (67 years old).
Condition: Built in 1959, this property has undergone significant updates that make it move-in ready. The interior features newer wood-look laminate flooring throughout, fresh paint, and modern ceiling fans. One bathroom has been extensively renovated with contemporary tiling, a rain shower head, and a modern vanity. While the kitchen's cabinets appear to be painted and distressed, and the appliances are not high-end stainless steel, it is functional, clean, and includes a modern farmhouse sink and faucet. The second bathroom is clean and functional, though less updated than the first. Overall, the property is well-maintained and does not require immediate major renovations, aligning with the 'Good' condition criteria.
Year Built
1959
Close
-
List price
$680K
Original List price
-
Price/Sqft
$538
HOA
$0
Days on market
-
Sold On
-
MLS number
226002504
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Single-story ranch-style home located at 2423 I Street in Rio Linda, situated on an approximately 0.92-acre lot. The property features 3 bedrooms, 2 bathrooms, and approximately 1,264 square feet of living space. Interior layout includes a combined living and dining area and a kitchen with breakfast area. Amenities include central air conditioning, ceiling fans, and an attached 2-car garage with additional driveway parking. Exterior features include an in-ground pool and spa and a large backyard with ample space for outdoor use. A barn is located in the rear yard and may be suitable for flexible use. Recent improvement includes a newly poured shared driveway. Property offers convenient access to major commuter routes and Sacramento International Airport. Located within the Twin Rivers Unified School District. Buyer to verify all information including square footage, lot size, zoning, permits, shared access, and intended use to their satisfaction.

C
Cindy Mena
Listing Agent

Price History

Date
Event
Price
07/30/24
Sold
$560,000
Condition Rating
Good
Built in 1959, this property has undergone significant updates that make it move-in ready. The interior features newer wood-look laminate flooring throughout, fresh paint, and modern ceiling fans. One bathroom has been extensively renovated with contemporary tiling, a rain shower head, and a modern vanity. While the kitchen's cabinets appear to be painted and distressed, and the appliances are not high-end stainless steel, it is functional, clean, and includes a modern farmhouse sink and faucet. The second bathroom is clean and functional, though less updated than the first. Overall, the property is well-maintained and does not require immediate major renovations, aligning with the 'Good' condition criteria.
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 = 40010, living area = 1264.
Expansive Lot Size: The property boasts an impressive 0.92-acre lot (approximately 40,010 sqft), offering significant outdoor space for various uses and potential expansion.
Outdoor Entertainment Amenities: Features an in-ground pool and spa, providing excellent recreational opportunities and enhancing the property's lifestyle appeal.
Versatile Outbuilding: A barn located in the rear yard offers flexible use, suitable for storage, a workshop, hobby space, or potential conversion.
Climate Control: Equipped with central air conditioning and ceiling fans, ensuring comfort during warmer months, which is a key amenity in California.
Strategic Location & Accessibility: Offers convenient access to major commuter routes and Sacramento International Airport, beneficial for travel and daily commutes.

Cons

Age of Property: Built in 1959, the home may require updates to systems, finishes, or energy efficiency to meet modern standards and buyer expectations.
Modest Interior Square Footage: With 1,264 sqft, the living space is relatively compact, especially when compared to the expansive 0.92-acre lot, which might not suit buyers seeking larger indoor areas.
Shared Driveway & Recent Price History: The presence of a shared driveway can introduce potential access or maintenance complexities, and the significant price increase from a July 2024 sale ($560k) to the current listing ($680k) warrants careful buyer scrutiny regarding value and recent improvements.
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